401(k) · DOL Form 5500 · 2024
Andover Bank 401(k) Plan
Data updated 2026-08-25
- $11M
- Total assets Small plan by assets
- 101
- Participants Small participant base
- 58th
- Percentile by assets National rank
- $111,430
- Avg per participant Below avg balance/head
Official DOL plan name: Andover Bank Employees Stock Purchase Plan · Sponsored by Andover Bank · Ohio · Finance & Insurance
$11M in assets, 101 participants
Andover Bank's Andover Bank Employees Stock Purchase Plan reported $11M in total assets and 101 participants in its 2024 DOL Form 5500 filing, ranking in the 58th 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.
- #3,603 in Finance & Insurance (8,549 peers)
Coverage in Ohio
Andover Bank Employees Stock Purchase Plan covers 101 participants in Ohio, about 13% of the average Ohio filer (state average ~765 per filing). Assets: $11M.
- #3,603
- in Finance & Insurance (8,549 peers)
- +6.7%
- assets growth YoY
Andover Bank Employees Stock Purchase Plan's mid-pack asset rank among Finance & Insurance and all filers
Andover Bank Employees Stock Purchase Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$11,254,408 Top 42% higher than 58% of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
Andover Bank Employees Stock Purchase 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. Andover Bank Employees Stock Purchase Plan sits mid-pack in the medium band (101 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Andover Bank Employees Stock Purchase Plan reported net income rose from $481K in the plan year 2023 filing to $982K in the plan year 2024 filing.
- Andover Bank Employees Stock Purchase Plan end-of-year assets rose from $11M in the plan year 2023 filing to $11M in the plan year 2024 filing.
- Andover Bank Employees Stock Purchase Plan reported participants rose from 97 in the plan year 2023 filing to 101 in the plan year 2024 filing.
Plan-year Form 5500 strip
Filing strip 341436056 · Andover Bank PY 2024 · 401(k)
Andover Bank Employees Stock Purchase Plan · $11M · 101 · 58th
- EBSA $11M
- PART 101
- TYPE 58th
- NET 401(k)
- BOOK near Palmer Group 401(k) Plan
- VS-ST ind #3603
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 Ohio →
Andover Bank Employees Stock Purchase Plan in the asset neighbourhood
Ohio filing particulars
| Total Assets (Beginning of Year) | $11M |
|---|---|
| Net Assets (End of Year) | $9M |
| Net Income | $982K |
| Employer EIN | 341436056 |
| Plan Effective Date | 1987-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Andover Bank)
Sponsor-wide plan assets over time
All Andover Bank plans reported in each filing year
- Latest sponsor-wide plan assets
- $11M 9.58973792701592% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 85 | $10M |
| 2023 | 1 | 97 | $11M |
| 2024 | 1 | 101 | $11M |
Nearby 401(k) Plans in Ohio
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- GE Aerospace Retirement Savings Plan $14.7B · 45,620
- The Kroger Co. 401(k) Retirement Savings Account Plan $11.8B · 135,373
- The Progressive 401(k) Plan $11.5B · 62,521
- The Sherwin-Williams Company 401(k) Plan $10.6B · 47,459
- Parker Retirement Savings Plan $9.0B · 26,315
Andover Bank Employees Stock Purchase Plan's out-of-state 401(k) peers by assets and headcount
Outside Ohio, the nearest 401(k) by assets is Palmer Group 401(k) Plan in IA ($11M); by covered participants it is Phh 401(k) Plan in TX (101 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($11M here).
- Palmer Group 401(k) Plan (IA) $11M · 190
- Informdata LLC 401(k) Plan (GA) $11M · 899
- Native Seed, LP 401(k) Plan (UT) $11M · 182
- Aamp Global 401(k) Plan (FL) $11M · 158
Similar participant headcount
Nearest other-state filings by covered participants (101 participants); asset peers above are excluded.
- Phh 401(k) Plan (TX) 101 · 0 off
- Mnl 401(k) Plan (MN) 101 · 0 off
- Sunshine Acres Retirement Plan (AZ) 101 · 0 off
- Earthcore Industries, LLC 401(k) Plan (FL) 101 · 0 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.