401(k) · DOL Form 5500 · 2024
Berkshire Bank 401(k) Plan
Data updated 2026-08-11
- $183M
- Total assets
- 1,024
- Participants
- 94th
- Percentile by assets
- $178,465
- Avg per participant
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.
- 94th percentile by assets (of 123,622 plans)
- #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.
- $183M
- total plan assets (2024 EOY)
- 1,024
- covered participants
- 94th
- percentile by assets (of 123,622 plans)
- $178,465
- avg assets per participant
Where Berkshire Bank 401(k) Plan sits 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
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
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.
Berkshire Bank 401(k) Plan vs the 2024 asset distribution
By assets, Berkshire Bank 401(k) Plan outranks 94% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 1.8x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2024)
| Total Assets (Beginning of Year) | $165M |
|---|---|
| Net Assets (End of Year) | $183M |
| Net Income | $18M |
| Employer EIN | 043312097 |
| Plan Effective Date | 1993-04-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Berkshire Bank)
| 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
- Fidelity Retirement Savings Plan $34.2B · 66,907
- Liberty Mutual 401(k) Plan $11.4B · 34,618
- Massachusetts Institute of Technology Supplemental 401(k) Plan $7.7B · 14,762
- Boston Scientific Corporation 401(k) Retirement Savings Plan $6.8B · 20,639
- State Street Salary Savings Program $6.5B · 12,777
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Berkshire Bank 401(k) Plan by total assets, not by location.
- Onpoint Community Credit Union 401(k) Plan (OR) $183M · 1,061
- Regal Entertainment Group 401(k) Plan (TN) $183M · 8,295
- Agfa Healthcare Corporation Employee Savings Plan (NJ) $183M · 235
- Procopio Cory Hargreaves & Savitch LLP 401(k) Profit Sharing Plan (CA) $183M · 391
Frequently Asked Questions
How did Berkshire Bank 401(k) Plan assets move in 2024? ▼
How have Berkshire Bank plan assets changed over time? ▼
Where does Berkshire Bank 401(k) Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to Berkshire Bank 401(k) Plan? ▼
Next read for Berkshire Bank 401(k) Plan
Scale reading
Ways to act on Berkshire Bank 401(k) Plan's numbers.
- By total assets, Berkshire Bank 401(k) Plan ranks in the top 10% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in Massachusetts. Compare plans
- Berkshire Bank's sponsor-wide assets have grown 22.2% since 2022 across 3 plan years on file. More Finance & Insurance plans