401(k) · DOL Form 5500 · 2024

Bangor Savings Bank 401(k) Plan

Data updated 2026-08-25

$167M
Total assets Near avg plan size
1,041
Participants Near avg headcount
93rd
Percentile by assets National rank
$160,281
Avg per participant Above avg balance/head
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Official DOL plan name: Bangor Savings Bank 401(k) Plan & Trust Agreement · Sponsored by Bangor Savings Bank · Maine · Finance & Insurance

$167M in assets, 1,041 participants

Bangor Savings Bank's Bangor Savings Bank 401(k) Plan & Trust Agreement reported $167M in total assets and 1,041 participants in its 2024 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.

  • #7,666 in Finance & Insurance (8,549 peers)

Coverage in Maine

Bangor Savings Bank 401(k) Plan & Trust Agreement covers 1,041 participants in Maine, 2.2x the typical Maine plan (state average ~472 per filing). Assets: $167M.

#7,666
in Finance & Insurance (8,549 peers)
+10.3%
assets growth YoY
1.7×
vs typical plan assets (national mean)

Bangor Savings Bank 401(k) Plan & Trust Agreement's outsized position by total assets

Bangor Savings Bank 401(k) Plan & Trust Agreement vs every filed plan by assets

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

$166,852,808 Top 7% higher than 93% 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

Bangor Savings Bank 401(k) Plan & Trust Agreement's large-plan peer group by participant headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Bangor Savings Bank 401(k) Plan & Trust Agreement lands in the large band (1,041 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Bangor Savings Bank 401(k) Plan & Trust Agreement reported net income fell from $25M in the plan year 2023 filing to $16M in the plan year 2024 filing.
  • Bangor Savings Bank 401(k) Plan & Trust Agreement end-of-year assets rose from $151M in the plan year 2023 filing to $167M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 010024610 · Bangor Savings Bank PY 2024 · 401(k)

Bangor Savings Bank 401(k) Plan & Trust Agreement · $167M · 1,041 · 93rd

  • BOY $167M
  • SCH 1,041
  • EBSA 93rd
  • PART 401(k)
  • TYPE near Astenjohnson Retirement Savings Plan
  • NET ind #7666

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 →

Bangor Savings Bank 401(k) Plan & Trust Agreement in the asset neighbourhood

401(k) Profit Sharing Plan of Charlotte Eye, Ear, Nose & Throat Associates, P. a.401(k) Profit Sharing Plan o…$167MBangor Savings Bank 401(k) Plan & Trust AgreementBangor Savings Bank 401(k) P…$167MAstenjohnson Retirement Savings PlanAstenjohnson Retirement Savi…$167MOne Webasto 401(k) Retirement Savings PlanOne Webasto 401(k) Retiremen…$167MAvaya Savings Plan$167M
End-of-year total assets ($M) among Bangor Savings Bank 401(k) Plan & Trust Agreement and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Maine filing particulars

Total Assets (Beginning of Year)$151M
Net Assets (End of Year)$167M
Net Income$16M
Employer EIN010024610
Plan Effective Date1989-02-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Bangor Savings Bank)

Sponsor-wide plan assets over time

All Bangor Savings Bank plans reported in each filing year

Latest sponsor-wide plan assets
$167M 32.587260119533454% vs 2022
2024 filing year
$120M$140M$160M$180M 202220232024 $126M $167M ▲ +32.6%
Year Plans Participants Total Assets
2022 1 1,050 $126M
2023 1 1,045 $151M
2024 1 1,041 $167M

Nearby 401(k) Plans in Maine

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

Bangor Savings Bank 401(k) Plan & Trust Agreement vs. nearby 401(k) plans in Maine, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -202468 Total assets ($B) Participants Bangor Savings Bank 401(k) Plan & Trust Agreement, Total assets ($B): 0.166852808 · Participants: 1041Bangor Savings Bank 401(k) Plan & Trust AgreementTd 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
Bangor Savings Bank 401(k) Plan & Trust Agreement vs. nearby 401(k) plans in Maine, assets vs. participants
Compare Bangor Savings Bank 401(k) Plan & Trust Agreement side-by-side with 3 peers →

Bangor Savings Bank 401(k) Plan & Trust Agreement's out-of-state 401(k) peers by assets and headcount

Outside Maine, the nearest 401(k) by assets is Astenjohnson Retirement Savings Plan in SC ($167M); by covered participants it is Arbella 401(k) Savings Plan in MA (1,041 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,041 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 Bangor Savings Bank 401(k) Plan & Trust Agreement assets move in 2024? ▼
Bangor Savings Bank 401(k) Plan & Trust Agreement grew at a solid clip - up 10.3% during 2024, from $151M to $167M. Reported net income was $16M.
How have Bangor Savings Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Bangor Savings Bank's sponsor-wide assets grew 32.6%, from $126M to $167M.
Where does Bangor Savings Bank 401(k) Plan & Trust Agreement rank by assets among Form 5500 filers? ▼
Bangor Savings Bank 401(k) Plan & Trust Agreement ranks in the 93rd percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Bangor Savings Bank 401(k) Plan & Trust Agreement? ▼
Among 401(k) plans in other states, the closest by assets is Astenjohnson Retirement Savings Plan in SC ($167M, 515 participants).
Which 401(k) plans cover a similar participant headcount to Bangor Savings Bank 401(k) Plan & Trust Agreement? ▼
Among 401(k) plans in other states, the closest by covered participants is Arbella 401(k) Savings Plan in MA (1,041 participants, $332M 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 010024610.

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.