401(k) · DOL Form 5500 · 2024

BANKPROV 401(k) Plan

Data updated 2026-08-25

$26M
Total assets Below avg plan size
194
Participants Below avg headcount
75th
Percentile by assets National rank
$134,300
Avg per participant Near avg balance/head
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Official DOL plan name: Bankprov 401(k) Plan · Sponsored by BANKPROV · Massachusetts · Finance & Insurance

$26M in assets, 194 participants

BANKPROV's Bankprov 401(k) Plan reported $26M in total assets and 194 participants in its 2024 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.

  • #5,263 in Finance & Insurance (8,549 peers)

Coverage in Massachusetts

Bankprov 401(k) Plan covers 194 participants in Massachusetts, about 29% of the average Massachusetts filer (state average ~659 per filing). Assets: $26M.

#5,263
in Finance & Insurance (8,549 peers)
+5.0%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Bankprov 401(k) Plan's outsized position by total assets

Bankprov 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$26,054,211 Top 25% higher than 75% of 123,620 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 2024

Bankprov 401(k) Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Bankprov 401(k) Plan sits mid-pack in the medium band (194 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Bankprov 401(k) Plan reported net income fell from $5M in the plan year 2023 filing to $1M in the plan year 2024 filing.
  • Bankprov 401(k) Plan end-of-year assets rose from $25M in the plan year 2023 filing to $26M in the plan year 2024 filing.
  • Bankprov 401(k) Plan reported participants fell from 204 in the plan year 2023 filing to 194 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 043497377 · BANKPROV PY 2024 · 401(k)

Bankprov 401(k) Plan · $26M · 194 · 75th

  • BOOK $26M
  • VS-ST 194
  • BOY 75th
  • SCH 401(k)
  • EBSA near Voce 401(k) Profit Sharing Plan
  • PART ind #5263

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 Massachusetts →

Bankprov 401(k) Plan in the asset neighbourhood

Voce 401(k) Profit Sharing PlanVoce 401(k) Profit Sharing P…$26MMachine Service, Inc. Profit Sharing PlanMachine Service, Inc. Profit…$26MBankprov 401(k) Plan$26MFirst Orion Corp. 401(k) Plan$26MMeriplex 401(k) Plan$26M
End-of-year total assets ($M) among Bankprov 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Massachusetts filing particulars

Total Assets (Beginning of Year)$25M
Net Assets (End of Year)$26M
Net Income$1M
Employer EIN043497377
Plan Effective Date1996-02-01
Filing StatusFILING RECEIVED

Sponsor Plan History (BANKPROV)

Sponsor-wide plan assets over time

All BANKPROV plans reported in each filing year

Latest sponsor-wide plan assets
$42M 36.194741381921105% vs 2022
2024 filing year
$25M$30M$35M$40M$45M 202220232024 $30.8M $42M ▲ +36.2%
Year Plans Participants Total Assets
2022 2 357 $31M
2023 2 410 $40M
2024 2 390 $42M

Nearby 401(k) Plans in Massachusetts

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

Bankprov 401(k) Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -10010203040 Total assets ($B) Participants Bankprov 401(k) Plan, Total assets ($B): 0.026054211 · Participants: 194Bankprov 401(k) PlanFidelity Retirement Savings Plan, Total assets ($B): 34.201609937 · Participants: 66907Fidelity Retirement Savings PlanLiberty Mutual 401(k) Plan, Total assets ($B): 11.352606499 · Participants: 34618Liberty Mutual 401(k) PlanMassachusetts Institute of Technology Supplemental 401(k) Plan, Total assets ($B): 7.720373045 · Participants: 14762Massachusetts Institute of Technology Supplemental 401(k) PlanBoston Scientific Corporation 401(k) Retirement Savings Plan, Total assets ($B): 6.775289067 · Participants: 20639Boston Scientific Corporation 401(k) Retirement Savings PlanState Street Salary Savings Program, Total assets ($B): 6.532301643 · Participants: 12777State Street Salary Savings Program
Bankprov 401(k) Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants
Compare Bankprov 401(k) Plan side-by-side with 3 peers →

Bankprov 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Massachusetts, the nearest 401(k) by assets is Voce 401(k) Profit Sharing Plan in PA ($26M); by covered participants it is Teamsnap Retirement Savings Plan in IL (194 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($26M here).

Similar participant headcount

Nearest other-state filings by covered participants (194 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Bankprov 401(k) Plan assets move in 2024? ▼
Bankprov 401(k) Plan edged up modestly - up 5.0% during 2024, from $25M to $26M. Reported net income was $1M.
How have BANKPROV plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), BANKPROV's sponsor-wide assets grew 36.2%, from $31M to $42M.
Where does Bankprov 401(k) Plan rank by assets among Form 5500 filers? ▼
Bankprov 401(k) Plan ranks in the 75th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Bankprov 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Voce 401(k) Profit Sharing Plan in PA ($26M, 350 participants).
Which 401(k) plans cover a similar participant headcount to Bankprov 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Teamsnap Retirement Savings Plan in IL (194 participants, $7M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 043497377.

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.