Defined Benefit (Pension) · DOL Form 5500 · 2023

Saco & Biddeford Savings Institution Pension Plan

Data updated 2026-08-25

$39M
Total assets Below avg plan size
61
Participants Small participant base
83rd
Percentile by assets National rank
$640,032
Avg per participant High balance/head
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Official DOL plan name: The Retirement Plan of Saco & Biddeford Savings Institution · Sponsored by Saco & Biddeford Savings Institution · Maine · Finance & Insurance

$39M in assets, 61 participants

Saco & Biddeford Savings Institution's The Retirement Plan of Saco & Biddeford Savings Institution reported $39M in total assets and 61 participants in its 2023 DOL Form 5500 filing, ranking in the 83rd 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.

  • #6,529 in Finance & Insurance (8,869 peers)

Where The Retirement Plan of Saco & Biddeford Savings Institution sits by assets

The Retirement Plan of Saco & Biddeford Savings Institution sits in the top quartile of all filed plans by assets, $39M for 61 participants (~$640,032/participant), up 18.7% in 2023.

#6,529
in Finance & Insurance (8,869 peers)
+18.7%
assets growth YoY
0.4×
vs typical plan assets (national mean)

The Retirement Plan of Saco & Biddeford Savings Institution's outsized position by total assets

The Retirement Plan of Saco & Biddeford Savings Institution vs every filed plan by assets

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

$39,041,933 Top 17% higher than 83% 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

The Retirement Plan of Saco & Biddeford Savings Institution among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. The Retirement Plan of Saco & Biddeford Savings Institution is a small filing (61 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • The Retirement Plan of Saco & Biddeford Savings Institution reported net income rose from $1M in the plan year 2022 filing to $6M in the plan year 2023 filing.
  • The Retirement Plan of Saco & Biddeford Savings Institution end-of-year assets rose from $33M in the plan year 2022 filing to $39M in the plan year 2023 filing.
  • The Retirement Plan of Saco & Biddeford Savings Institution reported participants fell from 68 in the plan year 2022 filing to 61 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 010153690 · Saco & Biddeford Savings Institution PY 2023 · Defined Benefit (Pension)

The Retirement Plan of Saco & Biddeford Savings Institution · $39M · 61 · 83rd

  • 5500 $39M
  • ASSETS 61
  • PCT 83rd
  • EIN Defined Benefit (Pension)
  • RANK near The Oswego Hospital Retirement Plan
  • PHOTO ind #6529

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 Maine →

The Retirement Plan of Saco & Biddeford Savings Institution in the asset neighbourhood

Belden Brick Co. Pension Plan$39MThe Oswego Hospital Retirement PlanThe Oswego Hospital Retireme…$39MThe Retirement Plan of Saco & Biddeford Savings InstitutionThe Retirement Plan of Saco …$39MThe Restated Noncontributory Retirement Plan for CooperativesThe Restated Noncontributory…$39MRoofers Local 221 Pension Trust FundRoofers Local 221 Pension Tr…$39M
End-of-year total assets ($M) among The Retirement Plan of Saco & Biddeford Savings Institution and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$33M
Net Assets (End of Year)$39M
Net Income$6M
Employer EIN010153690
Plan Effective Date1952-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Saco & Biddeford Savings Institution)

Sponsor-wide plan assets over time

All Saco & Biddeford Savings Institution plans reported in each filing year

Latest sponsor-wide plan assets
$70M 28.321572439776794% vs 2022
2024 filing year
$50M$55M$60M$65M$70M$75M 202220232024 $54.2M $69.6M ▲ +28.3%
Year Plans Participants Total Assets
2022 2 258 $54M
2023 2 257 $64M
2024 2 255 $70M

Nearby Defined Benefit (Pension) Plans in Maine

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

The Retirement Plan of Saco & Biddeford Savings Institution vs. nearby Defined Benefit (Pension) plans in Maine, assets vs. participants Scatter plot of 6 data points. -200002000400060008000 -0.500.511.5 Total assets ($B) Participants The Retirement Plan of Saco & Biddeford Savings Institution, Total assets ($B): 0.039041933 · Participants: 61The Retirement Plan of Saco & Biddeford Savings InstitutionUnum Group Pension Plan, Total assets ($B): 1.299774166 · Participants: 3140Unum Group Pension PlanMaine Medical Center Pension Plan, Total assets ($B): 0.763853423 · Participants: 2679Maine Medical Center Pension PlanLegacy Chrysler Financial Employee Pension Plan, Total assets ($B): 0.545964991 · Participants: 248Legacy Chrysler Financial Employee Pension PlanTd Banknorth Inc. Pension Plan, Total assets ($B): 0.437094691 · Participants: 1632Td Banknorth Inc. Pension PlanNorthern Light Health Retirement Partnership Plan, Total assets ($B): 0.278599458 · Participants: 5979Northern Light Health Retirement Partnership Plan
The Retirement Plan of Saco & Biddeford Savings Institution vs. nearby Defined Benefit (Pension) plans in Maine, assets vs. participants
Compare The Retirement Plan of Saco & Biddeford Savings Institution side-by-side with 3 peers →

The Retirement Plan of Saco & Biddeford Savings Institution's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Maine, the nearest Defined Benefit (Pension) by assets is The Oswego Hospital Retirement Plan in NY ($39M); by covered participants it is National Automatic Sprinkler Industry Fund Office Employees Pension Plan in MD (61 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($39M here).

Similar participant headcount

Nearest other-state filings by covered participants (61 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 The Retirement Plan of Saco & Biddeford Savings Institution assets move in 2023? ▼
The Retirement Plan of Saco & Biddeford Savings Institution grew sharply - up 18.7% during 2023, from $33M to $39M. Reported net income was $6M.
How have Saco & Biddeford Savings Institution plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Saco & Biddeford Savings Institution's sponsor-wide assets grew 28.3%, from $54M to $70M.
Where does The Retirement Plan of Saco & Biddeford Savings Institution rank by assets among Form 5500 filers? ▼
The Retirement Plan of Saco & Biddeford Savings Institution ranks in the 83rd 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 Defined Benefit (Pension) plans are similar in size to The Retirement Plan of Saco & Biddeford Savings Institution? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is The Oswego Hospital Retirement Plan in NY ($39M, 158 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to The Retirement Plan of Saco & Biddeford Savings Institution? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is National Automatic Sprinkler Industry Fund Office Employees Pension Plan in MD (61 participants, $32M 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 010153690.

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.