401(k) · DOL Form 5500 · 2024

Berkshire Bank 401(k) Plan

Data updated 2026-08-25

$183M
Total assets Near avg plan size
1,024
Participants Near avg headcount
94th
Percentile by assets National rank
$178,465
Avg per participant Above avg balance/head
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Official DOL plan name: Berkshire Bank 401(k) Plan · Sponsored by Berkshire Bank · Massachusetts · Finance & Insurance

$183M in assets, 1,024 participants

Berkshire Bank's Berkshire Bank 401(k) Plan reported $183M in total assets and 1,024 participants in its 2024 DOL Form 5500 filing, ranking in the 94th 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.

  • #7,722 in Finance & Insurance (8,549 peers)

Where Berkshire Bank 401(k) Plan sits by assets

Berkshire Bank 401(k) Plan sits in the top 10% of all filed plans by assets, $183M for 1,024 participants (~$178,465/participant), up 11.1% in 2024.

#7,722
in Finance & Insurance (8,549 peers)
+11.1%
assets growth YoY
1.8×
vs typical plan assets (national mean)

Berkshire Bank 401(k) Plan's outsized position by total assets

Berkshire Bank 401(k) Plan vs every filed plan by assets

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

$182,748,321 Top 6% higher than 94% 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

Berkshire Bank 401(k) Plan'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. Berkshire Bank 401(k) Plan lands in the large band (1,024 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Berkshire Bank 401(k) Plan reported net income rose from $15M in the plan year 2023 filing to $18M in the plan year 2024 filing.
  • Berkshire Bank 401(k) Plan end-of-year assets rose from $165M in the plan year 2023 filing to $183M in the plan year 2024 filing.
  • Berkshire Bank 401(k) Plan reported participants rose from 956 in the plan year 2023 filing to 1,024 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 043312097 · Berkshire Bank PY 2024 · 401(k)

Berkshire Bank 401(k) Plan · $183M · 1,024 · 94th

  • SCH $183M
  • EBSA 1,024
  • PART 94th
  • TYPE 401(k)
  • NET near Onpoint Community Credit Union 401(k) Plan
  • BOOK ind #7722

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 →

Berkshire Bank 401(k) Plan in the asset neighbourhood

Agfa Healthcare Corporation Employee Savings PlanAgfa Healthcare Corporation …$183MBerkshire Bank 401(k) Plan$183MOnpoint Community Credit Union 401(k) PlanOnpoint Community Credit Uni…$183MRegal Entertainment Group 401(k) PlanRegal Entertainment Group 40…$183MProcopio Cory Hargreaves & Savitch LLP 401(k) Profit Sharing PlanProcopio Cory Hargreaves & S…$183M
End-of-year total assets ($M) among Berkshire Bank 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$165M
Net Assets (End of Year)$183M
Net Income$18M
Employer EIN043312097
Plan Effective Date1993-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Berkshire Bank)

Sponsor-wide plan assets over time

All Berkshire Bank plans reported in each filing year

Latest sponsor-wide plan assets
$183M 22.15313716502269% vs 2022
2024 filing year
$140M$150M$160M$170M$180M$190M 202220232024 $150M $183M ▲ +22.2%
Year Plans Participants Total Assets
2022 1 953 $150M
2023 1 956 $165M
2024 1 1,024 $183M

Nearby 401(k) Plans in Massachusetts

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

Berkshire Bank 401(k) Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -10010203040 Total assets ($B) Participants Berkshire Bank 401(k) Plan, Total assets ($B): 0.182748321 · Participants: 1024Berkshire Bank 401(k) 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
Berkshire Bank 401(k) Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants
Compare Berkshire Bank 401(k) Plan side-by-side with 3 peers →

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

Outside Massachusetts, the nearest 401(k) by assets is Onpoint Community Credit Union 401(k) Plan in OR ($183M); by covered participants it is Nakupuna Foundation Family of Companies Retirement Plan in VA (1,024 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,024 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 Berkshire Bank 401(k) Plan assets move in 2024? ▼
Berkshire Bank 401(k) Plan grew at a solid clip - up 11.1% during 2024, from $165M to $183M. Reported net income was $18M.
How have Berkshire Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Berkshire Bank's sponsor-wide assets grew 22.2%, from $150M to $183M.
Where does Berkshire Bank 401(k) Plan rank by assets among Form 5500 filers? ▼
Berkshire Bank 401(k) Plan ranks in the 94th 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 Berkshire Bank 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Onpoint Community Credit Union 401(k) Plan in OR ($183M, 1,061 participants).
Which 401(k) plans cover a similar participant headcount to Berkshire Bank 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Nakupuna Foundation Family of Companies Retirement Plan in VA (1,024 participants, $89M 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 043312097.

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.