401(k) · DOL Form 5500 · 2024

Kennebec Savings Bank 401(k) Plan

Data updated 2026-08-25

$50M
Total assets Below avg plan size
203
Participants Below avg headcount
84th
Percentile by assets National rank
$246,597
Avg per participant Above avg balance/head
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Official DOL plan name: Kennebec Savings Bank 401(k) Savings Plan and Trust · Sponsored by Kennebec Savings Bank · Maine · Finance & Insurance

$50M in assets, 203 participants

Kennebec Savings Bank's Kennebec Savings Bank 401(k) Savings Plan and Trust reported $50M in total assets and 203 participants in its 2024 DOL Form 5500 filing, ranking in the 84th 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.

  • #6,449 in Finance & Insurance (8,549 peers)

Coverage in Maine

Kennebec Savings Bank 401(k) Savings Plan and Trust covers 203 participants in Maine, about 43% of the average Maine filer (state average ~472 per filing). Assets: $50M.

#6,449
in Finance & Insurance (8,549 peers)
+15.5%
assets growth YoY
0.5×
vs typical plan assets (national mean)

Kennebec Savings Bank 401(k) Savings Plan and Trust's outsized position by total assets

Kennebec Savings Bank 401(k) Savings Plan and Trust vs every filed plan by assets

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

$50,059,272 Top 16% higher than 84% 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

Kennebec Savings Bank 401(k) Savings Plan and Trust 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. Kennebec Savings Bank 401(k) Savings Plan and Trust sits mid-pack in the medium band (203 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Kennebec Savings Bank 401(k) Savings Plan and Trust end-of-year assets rose from $43M in the plan year 2023 filing to $50M in the plan year 2024 filing.
  • Kennebec Savings Bank 401(k) Savings Plan and Trust reported participants rose from 190 in the plan year 2023 filing to 203 in the plan year 2024 filing.
  • Kennebec Savings Bank 401(k) Savings Plan and Trust reported net income rose from $7M in the plan year 2023 filing to $7M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 010100490 · Kennebec Savings Bank PY 2024 · 401(k)

Kennebec Savings Bank 401(k) Savings Plan and Trust · $50M · 203 · 84th

  • ASSETS $50M
  • ASSETS 203
  • ASSETS 84th
  • ASSETS 401(k)
  • ASSETS near Tobii Dynavox Retirement Savings Plan
  • ASSETS ind #6449

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 →

Kennebec Savings Bank 401(k) Savings Plan and Trust in the asset neighbourhood

Savings Incentive Plan for Employees of Mustang Fuel CorporationSavings Incentive Plan for E…$50MKennebec Savings Bank 401(k) Savings Plan and TrustKennebec Savings Bank 401(k)…$50MTobii Dynavox Retirement Savings PlanTobii Dynavox Retirement Sav…$50MGreat Hearts Academies 401(k) PlanGreat Hearts Academies 401(k…$50MJensen Precast 401(k) Profit Sharing PlanJensen Precast 401(k) Profit…$50M
End-of-year total assets ($M) among Kennebec Savings Bank 401(k) Savings Plan and Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Maine filing particulars

Total Assets (Beginning of Year)$43M
Net Assets (End of Year)$50M
Net Income$7M
Employer EIN010100490
Plan Effective Date1993-03-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Kennebec Savings Bank)

Sponsor-wide plan assets over time

All Kennebec Savings Bank plans reported in each filing year

Latest sponsor-wide plan assets
$50M 36.118982010986805% vs 2022
2024 filing year
$35M$40M$45M$50M$55M 202220232024 $36.8M $50.1M ▲ +36.1%
Year Plans Participants Total Assets
2022 1 182 $37M
2023 1 190 $43M
2024 1 203 $50M

Nearby 401(k) Plans in Maine

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

Kennebec Savings Bank 401(k) Savings Plan and Trust vs. nearby 401(k) plans in Maine, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -202468 Total assets ($B) Participants Kennebec Savings Bank 401(k) Savings Plan and Trust, Total assets ($B): 0.050059272 · Participants: 203Kennebec Savings Bank 401(k) Savings Plan and TrustTd 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
Kennebec Savings Bank 401(k) Savings Plan and Trust vs. nearby 401(k) plans in Maine, assets vs. participants
Compare Kennebec Savings Bank 401(k) Savings Plan and Trust side-by-side with 3 peers →

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

Outside Maine, the nearest 401(k) by assets is Tobii Dynavox Retirement Savings Plan in PA ($50M); by covered participants it is Ampco Contracting, Inc. 401(k) Prevailing Wage Plan in CA (203 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (203 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 Kennebec Savings Bank 401(k) Savings Plan and Trust assets move in 2024? ▼
Kennebec Savings Bank 401(k) Savings Plan and Trust grew sharply - up 15.5% during 2024, from $43M to $50M. Reported net income was $7M.
How have Kennebec Savings Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Kennebec Savings Bank's sponsor-wide assets grew 36.1%, from $37M to $50M.
Where does Kennebec Savings Bank 401(k) Savings Plan and Trust rank by assets among Form 5500 filers? ▼
Kennebec Savings Bank 401(k) Savings Plan and Trust ranks in the 84th 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 Kennebec Savings Bank 401(k) Savings Plan and Trust? ▼
Among 401(k) plans in other states, the closest by assets is Tobii Dynavox Retirement Savings Plan in PA ($50M, 416 participants).
Which 401(k) plans cover a similar participant headcount to Kennebec Savings Bank 401(k) Savings Plan and Trust? ▼
Among 401(k) plans in other states, the closest by covered participants is Ampco Contracting, Inc. 401(k) Prevailing Wage Plan in CA (203 participants, $1M 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 010100490.

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.