Defined Benefit (Pension)
2024 plan-year Defined Benefit (Pension) DOL Form 5500

Lake Sunapee Bank, Fsb Employees' Retirement Plan

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by Bar Harbor Bank & Trust · Maine · Finance & Insurance

What the 2023 filing shows

Lake Sunapee Bank, Fsb Employees' Retirement Plan holds $9M for 15 participants — about $598,057 per participant, down 4.1% over the 2024 plan year.

$9M
total plan assets (2024 EOY)
15
covered participants
$598,057
avg assets per participant
-4.1%
assets change YoY

The plan reported a net loss of $379K for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$9M
Participants
15
State
Industry
Finance & Insurance

What the Filing Says About Lake Sunapee Bank, Fsb Employees' Retirement Plan

Lake Sunapee Bank, Fsb Employees' Retirement Plan is a Defined Benefit (Pension) retirement plan sponsored by Bar Harbor Bank & Trust, headquartered in Maine. As of the 2024 Form 5500 filing, the plan reports $9M in total end-of-year assets and covers 15 participants across the Finance & Insurance industry. The sponsor's EIN on file with the U.S. Department of Labor is 010393663, and the plan has been effective since 1961-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $9M at the beginning of 2024 to $9M at year-end — a decline of 4.1%. Net assets (after liabilities) closed the year at $9M, with reported net income of $-379,023 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$9M
Total Assets (End of Year)$9M
Net Assets (End of Year)$9M
Net Income$-379,023
Plan TypeDefined Benefit (Pension)
Employer EIN010393663
Plan Effective Date1961-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Bar Harbor Bank & Trust)

Year Plans Participants Total Assets
2022 1 496 $47M
2023 1 496 $55M
2024 2 475 $72M

Nearby Defined Benefit (Pension) Plans in Maine

Peer Defined Benefit (Pension) plans — same state, same plan type — ranked by total assets.

Frequently Asked Questions

How much money is in the Lake Sunapee Bank, Fsb Employees' Retirement Plan?
As of the 2024 Form 5500 filing, Lake Sunapee Bank, Fsb Employees' Retirement Plan holds $9M in total assets with 15 participants. It is sponsored by Bar Harbor Bank & Trust.
What type of plan is Lake Sunapee Bank, Fsb Employees' Retirement Plan?
Lake Sunapee Bank, Fsb Employees' Retirement Plan is a Defined Benefit (Pension) plan. It has been effective since 1961-01-01. The plan is filed with the U.S. Department of Labor under EIN 010393663.
Who sponsors the Lake Sunapee Bank, Fsb Employees' Retirement Plan?
Lake Sunapee Bank, Fsb Employees' Retirement Plan is sponsored by Bar Harbor Bank & Trust, located in Maine. The sponsor's EIN is 010393663 and the plan operates in the Finance & Insurance industry.
How did Lake Sunapee Bank, Fsb Employees' Retirement Plan perform in 2024?
Lake Sunapee Bank, Fsb Employees' Retirement Plan declined by 4.1% during 2024, moving from $9M to $9M in total assets. Net income was $-379,023.
Where can I find official filings for Lake Sunapee Bank, Fsb Employees' Retirement Plan?
Official Form 5500 filings for Lake Sunapee Bank, Fsb Employees' Retirement Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 010393663 or plan name at efast.dol.gov.
How does Lake Sunapee Bank, Fsb Employees' Retirement Plan compare to other plans?
You can compare Lake Sunapee Bank, Fsb Employees' Retirement Plan against other Defined Benefit (Pension) plans on the plan type page, or view plans in Maine on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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 010393663.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.