401(k) · DOL Form 5500 · 2023

Passumpsic Savings Bank 401(k) Plan

Data updated 2026-08-25

$23M
Total assets Small plan by assets
149
Participants Small participant base
75th
Percentile by assets National rank
$154,586
Avg per participant Above avg balance/head
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Official DOL plan name: Passumpsic Savings Bank Thrift Incentive Savings Plan · Sponsored by Passumpsic Savings Bank · Vermont · Finance & Insurance

$23M in assets, 149 participants

Passumpsic Savings Bank's Passumpsic Savings Bank Thrift Incentive Savings Plan reported $23M in total assets and 149 participants in its 2023 DOL Form 5500 filing, ranking in the 75th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #5,537 in Finance & Insurance (8,869 peers)

Where Passumpsic Savings Bank Thrift Incentive Savings Plan sits by assets

Passumpsic Savings Bank Thrift Incentive Savings Plan sits in the top quartile of all filed plans by assets, $23M for 149 participants (~$154,586/participant), up 21.6% in 2023.

#5,537
in Finance & Insurance (8,869 peers)
+21.6%
assets growth YoY
0.2×
vs typical plan assets (national mean)

Passumpsic Savings Bank Thrift Incentive Savings Plan's outsized position by total assets

Passumpsic Savings Bank Thrift Incentive Savings Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$23,033,281 Top 25% higher than 75% of 127,068 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Passumpsic Savings Bank Thrift Incentive Savings Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Passumpsic Savings Bank Thrift Incentive Savings Plan sits mid-pack in the medium band (149 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Passumpsic Savings Bank Thrift Incentive Savings Plan reported net income rose from -$6M in the plan year 2022 filing to $4M in the plan year 2023 filing.
  • Passumpsic Savings Bank Thrift Incentive Savings Plan end-of-year assets rose from $19M in the plan year 2022 filing to $23M in the plan year 2023 filing.
  • Passumpsic Savings Bank Thrift Incentive Savings Plan reported participants rose from 147 in the plan year 2022 filing to 149 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 030147560 · Passumpsic Savings Bank PY 2023 · 401(k)

Passumpsic Savings Bank Thrift Incentive Savings Plan · $23M · 149 · 75th

  • RANK $23M
  • RANK 149
  • RANK 75th
  • RANK 401(k)
  • RANK near Velocity Global USA LLC 401(k) Profit Sharing Plan
  • RANK ind #5537

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Finance & Insurance retirement plans → · Plans in Vermont →

Passumpsic Savings Bank Thrift Incentive Savings Plan in the asset neighbourhood

Passumpsic Savings Bank Thrift Incentive Savings PlanPassumpsic Savings Bank Thri…$23MVelocity Global USA LLC 401(k) Profit Sharing PlanVelocity Global USA LLC 401(…$23MFsap & Peta 401(k) Plan$23MWilson Farm Profit Sharing and 401(k) Savings PlanWilson Farm Profit Sharing a…$23MAsset Marketing Services 401(k) Retirement PlanAsset Marketing Services 401…$23M
End-of-year total assets ($M) among Passumpsic Savings Bank Thrift Incentive Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$19M
Net Assets (End of Year)$23M
Net Income$4M
Employer EIN030147560
Plan Effective Date1987-08-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Passumpsic Savings Bank)

Sponsor-wide plan assets over time

All Passumpsic Savings Bank plans reported in each filing year

Latest sponsor-wide plan assets
$26M 35.950460333980224% vs 2022
2024 filing year
$15M$20M$25M$30M 202220232024 $18.9M $25.8M ▲ +36.0%
Year Plans Participants Total Assets
2022 1 147 $19M
2023 1 149 $23M
2024 1 144 $26M

Nearby 401(k) Plans in Vermont

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Passumpsic Savings Bank Thrift Incentive Savings Plan vs. nearby 401(k) plans in Vermont, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 -0.500.511.522.5 Total assets ($B) Participants Passumpsic Savings Bank Thrift Incentive Savings Plan, Total assets ($B): 0.023033281 · Participants: 149Passumpsic Savings Bank Thrift Incentive Savings PlanThe University of Vermont Medical Center 403(b) Plan, Total assets ($B): 1.965024862 · Participants: 11162The University of Vermont Medical Center 403(b) PlanNational Life Group 401(k) Plan, Total assets ($B): 0.297587487 · Participants: 1219National Life Group 401(k) PlanGreen Mountain Power Corporation Employee Savings and Investment Plan and Trust, Total assets ($B): 0.220116247 · Participants: 519Green Mountain Power Corporation Employee Savings and Investment Plan and TrustHusky Retirement Savings, Total assets ($B): 0.153493813 · Participants: 551Husky Retirement SavingsIncentive Retirement Plan for Employees of PC Construction Company, Total assets ($B): 0.135534492 · Participants: 442Incentive Retirement Plan for Employees of PC Construction Company
Passumpsic Savings Bank Thrift Incentive Savings Plan vs. nearby 401(k) plans in Vermont, assets vs. participants
Compare Passumpsic Savings Bank Thrift Incentive Savings Plan side-by-side with 3 peers →

Passumpsic Savings Bank Thrift Incentive Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Vermont, the nearest 401(k) by assets is Velocity Global USA LLC 401(k) Profit Sharing Plan in CO ($23M); by covered participants it is Mariner Wealth Advisors Pooled Employer Plan in FL (149 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (149 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Passumpsic Savings Bank Thrift Incentive Savings Plan assets move in 2023? ▼
Passumpsic Savings Bank Thrift Incentive Savings Plan grew sharply - up 21.6% during 2023, from $19M to $23M. Reported net income was $4M.
How have Passumpsic Savings Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Passumpsic Savings Bank's sponsor-wide assets grew 36.0%, from $19M to $26M.
Where does Passumpsic Savings Bank Thrift Incentive Savings Plan rank by assets among Form 5500 filers? ▼
Passumpsic Savings Bank Thrift Incentive Savings Plan ranks in the 75th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Passumpsic Savings Bank Thrift Incentive Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Velocity Global USA LLC 401(k) Profit Sharing Plan in CO ($23M, 1,431 participants).
Which 401(k) plans cover a similar participant headcount to Passumpsic Savings Bank Thrift Incentive Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Mariner Wealth Advisors Pooled Employer Plan in FL (149 participants, $1M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 030147560.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.