401(k) · DOL Form 5500 · 2024

Main Street Bank 401(k) Plan

Data updated 2026-08-25

$28M
Total assets Below avg plan size
173
Participants Small participant base
76th
Percentile by assets National rank
$162,250
Avg per participant Above avg balance/head
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Official DOL plan name: Main Street Bank 401(k) and Profit Sharing Plan · Sponsored by Main Street Bank · Massachusetts · Finance & Insurance

$28M in assets, 173 participants

Main Street Bank's Main Street Bank 401(k) and Profit Sharing Plan reported $28M in total assets and 173 participants in its 2024 DOL Form 5500 filing, ranking in the 76th 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.

  • #5,417 in Finance & Insurance (8,549 peers)

Coverage in Massachusetts

Main Street Bank 401(k) and Profit Sharing Plan covers 173 participants in Massachusetts, about 26% of the average Massachusetts filer (state average ~659 per filing). Assets: $28M.

#5,417
in Finance & Insurance (8,549 peers)
+7.6%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Main Street Bank 401(k) and Profit Sharing Plan's outsized position by total assets

Main Street Bank 401(k) and Profit Sharing Plan vs every filed plan by assets

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

$28,069,243 Top 24% higher than 76% 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

Main Street Bank 401(k) and Profit Sharing 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. Main Street Bank 401(k) and Profit Sharing Plan sits mid-pack in the medium band (173 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Main Street Bank 401(k) and Profit Sharing Plan reported net income fell from $5M in the plan year 2023 filing to $2M in the plan year 2024 filing.
  • Main Street Bank 401(k) and Profit Sharing Plan end-of-year assets rose from $26M in the plan year 2023 filing to $28M in the plan year 2024 filing.
  • Main Street Bank 401(k) and Profit Sharing Plan reported participants fell from 178 in the plan year 2023 filing to 173 in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 041584100 · Main Street Bank PY 2024 · 401(k)

Main Street Bank 401(k) and Profit Sharing Plan · $28M · 173 · 76th

  • RANK $28M
  • PHOTO 173
  • IND 76th
  • EOY 401(k)
  • 5500 near Kyocera Sld Laser, Inc 401(k) Plan
  • ASSETS ind #5417

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 →

Main Street Bank 401(k) and Profit Sharing Plan in the asset neighbourhood

Main Street Bank 401(k) and Profit Sharing PlanMain Street Bank 401(k) and …$28MKyocera Sld Laser, Inc 401(k) PlanKyocera Sld Laser, Inc 401(k…$28MRotary Corporation 401(k) Profit Sharing PlanRotary Corporation 401(k) Pr…$28MMeadows Farms, Inc. 401(k) Profit Sharing PlanMeadows Farms, Inc. 401(k) P…$28MFi-Tek Group 401(k) Plan$28M
End-of-year total assets ($M) among Main Street Bank 401(k) and Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Massachusetts filing particulars

Total Assets (Beginning of Year)$26M
Net Assets (End of Year)$28M
Net Income$2M
Employer EIN041584100
Plan Effective Date1996-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Main Street Bank)

Sponsor-wide plan assets over time

All Main Street Bank plans reported in each filing year

Latest sponsor-wide plan assets
$38M 26.698552197404435% vs 2022
2024 filing year
$25M$30M$35M$40M 202220232024 $30M $38M ▲ +26.7%
Year Plans Participants Total Assets
2022 2 188 $30M
2023 2 206 $36M
2024 2 196 $38M

Nearby 401(k) Plans in Massachusetts

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

Main Street Bank 401(k) and Profit Sharing Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -10010203040 Total assets ($B) Participants Main Street Bank 401(k) and Profit Sharing Plan, Total assets ($B): 0.028069243 · Participants: 173Main Street Bank 401(k) and Profit Sharing 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
Main Street Bank 401(k) and Profit Sharing Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants
Compare Main Street Bank 401(k) and Profit Sharing Plan side-by-side with 3 peers →

Main Street Bank 401(k) and Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Massachusetts, the nearest 401(k) by assets is Kyocera Sld Laser, Inc 401(k) Plan in CA ($28M); by covered participants it is Gray & Skyler Electric Companies 401(k) Plan in CA (173 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($28M here).

Similar participant headcount

Nearest other-state filings by covered participants (173 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 Main Street Bank 401(k) and Profit Sharing Plan assets move in 2024? ▼
Main Street Bank 401(k) and Profit Sharing Plan grew at a solid clip - up 7.6% during 2024, from $26M to $28M. Reported net income was $2M.
How have Main Street Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Main Street Bank's sponsor-wide assets grew 26.7%, from $30M to $38M.
Where does Main Street Bank 401(k) and Profit Sharing Plan rank by assets among Form 5500 filers? ▼
Main Street Bank 401(k) and Profit Sharing Plan ranks in the 76th 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 Main Street Bank 401(k) and Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Kyocera Sld Laser, Inc 401(k) Plan in CA ($28M, 164 participants).
Which 401(k) plans cover a similar participant headcount to Main Street Bank 401(k) and Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Gray & Skyler Electric Companies 401(k) Plan in CA (173 participants, $8M 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 041584100.

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.