401(k) · DOL Form 5500 · 2024

Kennebunk Savings Bank 401(k) Plan

Data updated 2026-08-25

$36M
Total assets Below avg plan size
330
Participants Below avg headcount
80th
Percentile by assets National rank
$108,660
Avg per participant Below avg balance/head
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Official DOL plan name: Kennebunk Savings Bank 401(k) Plan · Sponsored by Kennebunk Savings Bank · Maine · Finance & Insurance

$36M in assets, 330 participants

Kennebunk Savings Bank's Kennebunk Savings Bank 401(k) Plan reported $36M in total assets and 330 participants in its 2024 DOL Form 5500 filing, ranking in the 80th 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.

  • #5,873 in Finance & Insurance (8,549 peers)

Where Kennebunk Savings Bank 401(k) Plan sits by assets

Kennebunk Savings Bank 401(k) Plan sits in the top quartile of all filed plans by assets, $36M for 330 participants (~$108,660/participant), up 15.1% in 2024.

#5,873
in Finance & Insurance (8,549 peers)
+15.1%
assets growth YoY
0.4×
vs typical plan assets (national mean)

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

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

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

$35,857,937 Top 20% higher than 80% 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

Kennebunk Savings Bank 401(k) 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. Kennebunk Savings Bank 401(k) Plan sits mid-pack in the medium band (330 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Kennebunk Savings Bank 401(k) Plan end-of-year assets rose from $31M in the plan year 2023 filing to $36M in the plan year 2024 filing.
  • Kennebunk Savings Bank 401(k) Plan reported participants fell from 366 in the plan year 2023 filing to 330 in the plan year 2024 filing.
  • Kennebunk Savings Bank 401(k) Plan reported net income rose from $4M in the plan year 2023 filing to $5M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 010100600 · Kennebunk Savings Bank PY 2024 · 401(k)

Kennebunk Savings Bank 401(k) Plan · $36M · 330 · 80th

  • NET $36M
  • NET 330
  • NET 80th
  • NET 401(k)
  • NET near Huddl3 Group 401(k) Plan
  • NET ind #5873

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 Maine →

Kennebunk Savings Bank 401(k) Plan in the asset neighbourhood

Kennebunk Savings Bank 401(k) PlanKennebunk Savings Bank 401(k…$36MHuddl3 Group 401(k) Plan$36MPanorama Education, Inc. Retirement TrustPanorama Education, Inc. Ret…$36MThe Bally Ribbon Mills Profit Sharing 401(k) PlanThe Bally Ribbon Mills Profi…$36MFrozen Phs & Hmhs 403(b) Annuity PlanFrozen Phs & Hmhs 403(b) Ann…$36M
End-of-year total assets ($M) among Kennebunk Savings 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)$31M
Net Assets (End of Year)$36M
Net Income$5M
Employer EIN010100600
Plan Effective Date1987-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Kennebunk Savings Bank)

Sponsor-wide plan assets over time

All Kennebunk Savings Bank plans reported in each filing year

Latest sponsor-wide plan assets
$104M 13.947988358425672% vs 2022
2024 filing year
$90M$95M$100M$105M$110M 202220232024 $91.4M $104M ▲ +13.9%
Year Plans Participants Total Assets
2022 2 584 $91M
2023 2 730 $101M
2024 2 629 $104M

Nearby 401(k) Plans in Maine

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

Kennebunk Savings Bank 401(k) Plan vs. nearby 401(k) plans in Maine, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -202468 Total assets ($B) Participants Kennebunk Savings Bank 401(k) Plan, Total assets ($B): 0.035857937 · Participants: 330Kennebunk Savings Bank 401(k) PlanTd 401(k) Retirement Plan, Total assets ($B): 5.971163889 · Participants: 31654Td 401(k) Retirement PlanUnum Group 401(k) Retirement Plan, Total assets ($B): 2.479947647 · Participants: 9451Unum Group 401(k) Retirement PlanIdexx Retirement and Incentive Savings Plan, Total assets ($B): 1.243344842 · Participants: 6776Idexx Retirement and Incentive Savings PlanHannaford Bros. Co. 401(k) Plan, Total assets ($B): 1.096724054 · Participants: 29915Hannaford Bros. Co. 401(k) PlanAhold Delhaize USA Services 401(k) Plan, Total assets ($B): 1.001892127 · Participants: 3012Ahold Delhaize USA Services 401(k) Plan
Kennebunk Savings Bank 401(k) Plan vs. nearby 401(k) plans in Maine, assets vs. participants

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

Outside Maine, the nearest 401(k) by assets is Huddl3 Group 401(k) Plan in CA ($36M); by covered participants it is Dean Vistnes Md Inc 401(k) Plan in CA (330 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($36M here).

Similar participant headcount

Nearest other-state filings by covered participants (330 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 Kennebunk Savings Bank 401(k) Plan assets move in 2024?
Kennebunk Savings Bank 401(k) Plan grew sharply - up 15.1% during 2024, from $31M to $36M. Reported net income was $5M.
How have Kennebunk Savings Bank plan assets changed over time?
Across 3 plan years on file (2022-2024), Kennebunk Savings Bank's sponsor-wide assets grew 13.9%, from $91M to $104M.
Where does Kennebunk Savings Bank 401(k) Plan rank by assets among Form 5500 filers?
Kennebunk Savings Bank 401(k) Plan ranks in the 80th 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 Kennebunk Savings Bank 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Huddl3 Group 401(k) Plan in CA ($36M, 1,211 participants).
Which 401(k) plans cover a similar participant headcount to Kennebunk Savings Bank 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Dean Vistnes Md Inc 401(k) Plan in CA (330 participants, N/A in assets).