401(k) · DOL Form 5500 · 2024

Saco & Biddeford Savings Institution 401(k) Plan

Data updated 2026-08-25

$30M
Total assets Below avg plan size
200
Participants Below avg headcount
77th
Percentile by assets National rank
$148,231
Avg per participant Above avg balance/head
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Official DOL plan name: Saco & Biddeford Savings Institution 401(k) Savings Plan · Sponsored by Saco & Biddeford Savings Institution · Maine · Finance & Insurance

$30M in assets, 200 participants

Saco & Biddeford Savings Institution's Saco & Biddeford Savings Institution 401(k) Savings Plan reported $30M in total assets and 200 participants in its 2024 DOL Form 5500 filing, ranking in the 77th 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.

  • #5,509 in Finance & Insurance (8,549 peers)

Coverage in Maine

Saco & Biddeford Savings Institution 401(k) Savings Plan covers 200 participants in Maine, about 42% of the average Maine filer (state average ~472 per filing). Assets: $30M.

#5,509
in Finance & Insurance (8,549 peers)
+16.9%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Saco & Biddeford Savings Institution 401(k) Savings Plan's outsized position by total assets

Saco & Biddeford Savings Institution 401(k) Savings Plan vs every filed plan by assets

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

$29,646,187 Top 23% higher than 77% 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

Saco & Biddeford Savings Institution 401(k) Savings 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. Saco & Biddeford Savings Institution 401(k) Savings Plan sits mid-pack in the medium band (200 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Saco & Biddeford Savings Institution 401(k) Savings Plan end-of-year assets rose from $25M in the plan year 2023 filing to $30M in the plan year 2024 filing.
  • Saco & Biddeford Savings Institution 401(k) Savings Plan reported net income rose from $4M in the plan year 2023 filing to $4M in the plan year 2024 filing.
  • Saco & Biddeford Savings Institution 401(k) Savings Plan reported participants rose from 196 in the plan year 2023 filing to 200 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 010153690 · Saco & Biddeford Savings Institution PY 2024 · 401(k)

Saco & Biddeford Savings Institution 401(k) Savings Plan · $30M · 200 · 77th

  • NET $30M
  • BOOK 200
  • VS-ST 77th
  • BOY 401(k)
  • SCH near Samsung C&t America, Inc. Retirement Savings Plan
  • EBSA ind #5509

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 →

Saco & Biddeford Savings Institution 401(k) Savings Plan in the asset neighbourhood

Saco & Biddeford Savings Institution 401(k) Savings PlanSaco & Biddeford Savings Ins…$30MSamsung C&t America, Inc. Retirement Savings PlanSamsung C&t America, Inc. Re…$30MClassic Collision, LLC 401(k) PlanClassic Collision, LLC 401(k…$30MSmith Bruer United 401(k) PlanSmith Bruer United 401(k) Pl…$30MBlue Horizons Pooled Employer PlanBlue Horizons Pooled Employe…$30M
End-of-year total assets ($M) among Saco & Biddeford Savings Institution 401(k) Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Maine filing particulars

Total Assets (Beginning of Year)$25M
Net Assets (End of Year)$30M
Net Income$4M
Employer EIN010153690
Plan Effective Date1995-01-01
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 401(k) Plans in Maine

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

Saco & Biddeford Savings Institution 401(k) Savings Plan vs. nearby 401(k) plans in Maine, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -202468 Total assets ($B) Participants Saco & Biddeford Savings Institution 401(k) Savings Plan, Total assets ($B): 0.029646187 · Participants: 200Saco & Biddeford Savings Institution 401(k) Savings PlanTd 401(k) Retirement Plan, Total assets ($B): 5.971163889 · Participants: 31654Td 401(k) Retirement PlanUnum Group 401(k) Retirement Plan, Total assets ($B): 2.479947647 · Participants: 9451Unum Group 401(k) Retirement PlanIdexx Retirement and Incentive Savings Plan, Total assets ($B): 1.243344842 · Participants: 6776Idexx Retirement and Incentive Savings PlanHannaford Bros. Co. 401(k) Plan, Total assets ($B): 1.096724054 · Participants: 29915Hannaford Bros. Co. 401(k) PlanAhold Delhaize USA Services 401(k) Plan, Total assets ($B): 1.001892127 · Participants: 3012Ahold Delhaize USA Services 401(k) Plan
Saco & Biddeford Savings Institution 401(k) Savings Plan vs. nearby 401(k) plans in Maine, assets vs. participants
Compare Saco & Biddeford Savings Institution 401(k) Savings Plan side-by-side with 3 peers →

Saco & Biddeford Savings Institution 401(k) Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Maine, the nearest 401(k) by assets is Samsung C&t America, Inc. Retirement Savings Plan in NJ ($30M); by covered participants it is Tata Elxsi 401(k) Plan in MI (200 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($30M here).

Similar participant headcount

Nearest other-state filings by covered participants (200 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 Saco & Biddeford Savings Institution 401(k) Savings Plan assets move in 2024? ▼
Saco & Biddeford Savings Institution 401(k) Savings Plan grew sharply - up 16.9% during 2024, from $25M to $30M. Reported net income was $4M.
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 Saco & Biddeford Savings Institution 401(k) Savings Plan rank by assets among Form 5500 filers? ▼
Saco & Biddeford Savings Institution 401(k) Savings Plan ranks in the 77th 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 Saco & Biddeford Savings Institution 401(k) Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Samsung C&t America, Inc. Retirement Savings Plan in NJ ($30M, 418 participants).
Which 401(k) plans cover a similar participant headcount to Saco & Biddeford Savings Institution 401(k) Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Tata Elxsi 401(k) Plan in MI (200 participants, $587K 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 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.