401(k) · DOL Form 5500 · 2024

Bar Harbor Bankshares 401(k) Plan

Data updated 2026-08-25

$63M
Total assets Below avg plan size
460
Participants Below avg headcount
87th
Percentile by assets National rank
$136,414
Avg per participant Near avg balance/head
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Official DOL plan name: Bar Harbor Bankshares 401(k) Plan · Sponsored by Bar Harbor Bankshares · Maine · Finance & Insurance

$63M in assets, 460 participants

Bar Harbor Bankshares's Bar Harbor Bankshares 401(k) Plan reported $63M in total assets and 460 participants in its 2024 DOL Form 5500 filing, ranking in the 87th 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.

  • #6,768 in Finance & Insurance (8,549 peers)

Where Bar Harbor Bankshares 401(k) Plan sits by assets

Bar Harbor Bankshares 401(k) Plan sits in the top quartile of all filed plans by assets, $63M for 460 participants (~$136,414/participant), up 13.7% in 2024.

#6,768
in Finance & Insurance (8,549 peers)
+13.7%
assets growth YoY
0.6×
vs typical plan assets (national mean)

Bar Harbor Bankshares 401(k) Plan's outsized position by total assets

Bar Harbor Bankshares 401(k) Plan vs every filed plan by assets

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

$62,750,486 Top 13% higher than 87% 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

Bar Harbor Bankshares 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. Bar Harbor Bankshares 401(k) Plan sits mid-pack in the medium band (460 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Bar Harbor Bankshares 401(k) Plan end-of-year assets rose from $55M in the plan year 2023 filing to $63M in the plan year 2024 filing.
  • Bar Harbor Bankshares 401(k) Plan reported participants fell from 496 in the plan year 2023 filing to 460 in the plan year 2024 filing.
  • Bar Harbor Bankshares 401(k) Plan reported net income fell from $8M in the plan year 2023 filing to $8M in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 010393663 · Bar Harbor Bankshares PY 2024 · 401(k)

Bar Harbor Bankshares 401(k) Plan · $63M · 460 · 87th

  • BOOK $63M
  • VS-ST 460
  • BOY 87th
  • SCH 401(k)
  • EBSA near Certified Registered Nurse Anesthetists 401(k) Plan
  • PART ind #6768

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 →

Bar Harbor Bankshares 401(k) Plan in the asset neighbourhood

Kearny Bank Employees' Savings PlanKearny Bank Employees' Savin…$63MHealthcare Associations of California 401(k) PlanHealthcare Associations of C…$63MBar Harbor Bankshares 401(k) PlanBar Harbor Bankshares 401(k)…$63MCertified Registered Nurse Anesthetists 401(k) PlanCertified Registered Nurse A…$63MLinedata Services 401(k) Plan$63M
End-of-year total assets ($M) among Bar Harbor Bankshares 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$55M
Net Assets (End of Year)$63M
Net Income$8M
Employer EIN010393663
Plan Effective Date2001-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Bar Harbor Bankshares)

Sponsor-wide plan assets over time

All Bar Harbor Bankshares plans reported in each filing year

Latest sponsor-wide plan assets
$72M 51.250864688725336% vs 2022
2024 filing year
$40M$50M$60M$70M$80M 202220232024 $47.4M $71.7M ▲ +51.2%
Year Plans Participants Total Assets
2022 1 496 $47M
2023 1 496 $55M
2024 2 475 $72M

Nearby 401(k) Plans in Maine

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

Bar Harbor Bankshares 401(k) Plan vs. nearby 401(k) plans in Maine, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -202468 Total assets ($B) Participants Bar Harbor Bankshares 401(k) Plan, Total assets ($B): 0.062750486 · Participants: 460Bar Harbor Bankshares 401(k) 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
Bar Harbor Bankshares 401(k) Plan vs. nearby 401(k) plans in Maine, assets vs. participants

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

Outside Maine, the nearest 401(k) by assets is Certified Registered Nurse Anesthetists 401(k) Plan in NC ($63M); by covered participants it is Founders Brewing Company 401(k) Profit Sharing Plan in MI (460 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (460 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 Bar Harbor Bankshares 401(k) Plan assets move in 2024?
Bar Harbor Bankshares 401(k) Plan grew at a solid clip - up 13.7% during 2024, from $55M to $63M. Reported net income was $8M.
How have Bar Harbor Bankshares plan assets changed over time?
Across 3 plan years on file (2022-2024), Bar Harbor Bankshares's sponsor-wide assets grew 51.3%, from $47M to $72M.
Where does Bar Harbor Bankshares 401(k) Plan rank by assets among Form 5500 filers?
Bar Harbor Bankshares 401(k) Plan ranks in the 87th 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 Bar Harbor Bankshares 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Certified Registered Nurse Anesthetists 401(k) Plan in NC ($63M, 203 participants).
Which 401(k) plans cover a similar participant headcount to Bar Harbor Bankshares 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Founders Brewing Company 401(k) Profit Sharing Plan in MI (460 participants, $38M in assets).