401(k) · DOL Form 5500 · 2023

Brookline Bancorp, Inc. 401(k) Plan

Data updated 2026-08-11

$146M
Total assets
841
Participants
93rd
Percentile by assets
$173,691
Avg per participant
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Official DOL plan name: Brookline Bancorp 401(k) Plan · Sponsored by Brookline Bancorp, Inc. · Massachusetts · Finance & Insurance

$146M in assets, 841 participants

Brookline Bancorp, Inc.'s Brookline Bancorp 401(k) Plan reported $146M in total assets and 841 participants in its 2023 DOL Form 5500 filing, ranking in the 93rd 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.

  • 93rd percentile by assets (of 127,072 plans)
  • #7,953 in Finance & Insurance (8,869 peers)

Where Brookline Bancorp 401(k) Plan sits by assets

Brookline Bancorp 401(k) Plan sits in the top 10% of all filed plans by assets, $146M for 841 participants (~$173,691/participant), up 31.4% in 2023.

$146M
total plan assets (2023 EOY)
841
covered participants
93rd
percentile by assets (of 127,072 plans)
$173,691
avg assets per participant

Where Brookline Bancorp 401(k) Plan sits by total assets

Brookline Bancorp 401(k) Plan vs every filed plan by assets

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

$146,074,170 Top 7% higher than 93% of 127,068 filed plans

This plan $0 $2,010,000,000 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

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Brookline Bancorp 401(k) Plan reported net income rose from -$18M in the plan year 2022 filing to $35M in the plan year 2023 filing.
  • Brookline Bancorp 401(k) Plan end-of-year assets rose from $111M in the plan year 2022 filing to $146M in the plan year 2023 filing.
  • Brookline Bancorp 401(k) Plan reported participants rose from 806 in the plan year 2022 filing to 841 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Brookline Bancorp 401(k) Plan vs the 2023 asset distribution

By assets, Brookline Bancorp 401(k) Plan outranks 93% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 1.5x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$111M
Net Assets (End of Year)$146M
Net Income$35M
Employer EIN043402944
Plan Effective Date1996-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Brookline Bancorp, Inc.)

$100M$120M$140M$160M$180M$200M 202220232024 $121M $176M ▲ +46.0%
Total plan assets by year, all Brookline Bancorp, Inc. plans on file
Year Plans Participants Total Assets
2022 2 1,499 $121M
2023 2 1,555 $153M
2024 2 1,040 $176M

Nearby 401(k) Plans in Massachusetts

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

Brookline Bancorp 401(k) Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants

Brookline Bancorp 401(k) Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -10010203040 Total assets ($B) Participants Brookline Bancorp 40…Fidelity Retirement …Liberty Mutual 401(k…Massachusetts Instit…Boston Scientific Co…Philips North Americ…
Brookline Bancorp 401(k) Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Brookline Bancorp 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Brookline Bancorp 401(k) Plan assets move in 2023?
Brookline Bancorp 401(k) Plan surged - up 31.4% during 2023, from $111M to $146M. Reported net income was $35M.
How have Brookline Bancorp, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Brookline Bancorp, Inc.'s sponsor-wide assets grew 46.0%, from $121M to $176M.
Where does Brookline Bancorp 401(k) Plan rank by assets among Form 5500 filers?
Brookline Bancorp 401(k) Plan ranks in the 93rd percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Brookline Bancorp 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Blue Diamond Growers Retirement Savings Plan in CA ($146M, 1,638 participants).

Scale reading

Ways to act on Brookline Bancorp 401(k) Plan's numbers.