401(k) · DOL Form 5500 · 2024

Partners Bank 401(k) Plan

Data updated 2026-08-25

$27M
Total assets Below avg plan size
126
Participants Small participant base
76th
Percentile by assets National rank
$217,555
Avg per participant Above avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Partners Bank 401(k) Savings Plan · Sponsored by Partners Bank · Maine · Finance & Insurance

$27M in assets, 126 participants

Partners Bank's Partners Bank 401(k) Savings Plan reported $27M in total assets and 126 participants in its 2024 DOL Form 5500 filing, ranking in the 76th 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.

  • #5,361 in Finance & Insurance (8,549 peers)

Coverage in Maine

Partners Bank 401(k) Savings Plan covers 126 participants in Maine, about 27% of the average Maine filer (state average ~472 per filing). Assets: $27M.

#5,361
in Finance & Insurance (8,549 peers)
+15.3%
assets growth YoY
0.3×
vs typical plan assets (national mean)

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

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

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

$27,411,926 Top 24% higher than 76% 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

Partners Bank 401(k) Savings 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. Partners Bank 401(k) Savings Plan sits mid-pack in the medium band (126 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Partners Bank 401(k) Savings Plan reported net income fell from $4M in the plan year 2023 filing to $4M in the plan year 2024 filing.
  • Partners Bank 401(k) Savings Plan end-of-year assets rose from $24M in the plan year 2023 filing to $27M in the plan year 2024 filing.
  • Partners Bank 401(k) Savings Plan reported participants rose from 120 in the plan year 2023 filing to 126 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 010154810 · Partners Bank PY 2024 · 401(k)

Partners Bank 401(k) Savings Plan · $27M · 126 · 76th

  • PHOTO $27M
  • PHOTO 126
  • PHOTO 76th
  • PHOTO 401(k)
  • PHOTO near Vaniam Group LLC 401(k) Plan
  • PHOTO ind #5361

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 →

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

Partners Bank 401(k) Savings PlanPartners Bank 401(k) Savings…$27MVaniam Group LLC 401(k) Plan$27MSuperior Forge & Steel Corporation 401(k) Retirement Savings PlanSuperior Forge & Steel Corpo…$27MPriority Power Management, LLC 401(k) PlanPriority Power Management, L…$27MShared Staffing Services, LLC 401(k) PlanShared Staffing Services, LL…$27M
End-of-year total assets ($M) among Partners Bank 401(k) Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Maine filing particulars

Total Assets (Beginning of Year)$24M
Net Assets (End of Year)$27M
Net Income$4M
Employer EIN010154810
Plan Effective Date1997-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Partners Bank)

Sponsor-wide plan assets over time

All Partners Bank plans reported in each filing year

Latest sponsor-wide plan assets
$27M 43.27694684845793% vs 2022
2024 filing year
$15M$20M$25M$30M 202220232024 $19.1M $27.4M ▲ +43.3%
Year Plans Participants Total Assets
2022 1 108 $19M
2023 1 120 $24M
2024 1 126 $27M

Nearby 401(k) Plans in Maine

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

Partners Bank 401(k) Savings Plan vs. nearby 401(k) plans in Maine, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -202468 Total assets ($B) Participants Partners Bank 401(k) Savings Plan, Total assets ($B): 0.027411926 · Participants: 126Partners Bank 401(k) Savings 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
Partners Bank 401(k) Savings Plan vs. nearby 401(k) plans in Maine, assets vs. participants

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

Outside Maine, the nearest 401(k) by assets is Vaniam Group LLC 401(k) Plan in IL ($27M); by covered participants it is Anesthesia Consultants of Indianapolis, LLC 401(k) Profit Sharing Plan in IN (126 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (126 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 Partners Bank 401(k) Savings Plan assets move in 2024?
Partners Bank 401(k) Savings Plan grew sharply - up 15.3% during 2024, from $24M to $27M. Reported net income was $4M.
How have Partners Bank plan assets changed over time?
Across 3 plan years on file (2022-2024), Partners Bank's sponsor-wide assets grew 43.3%, from $19M to $27M.
Where does Partners Bank 401(k) Savings Plan rank by assets among Form 5500 filers?
Partners Bank 401(k) Savings Plan ranks in the 76th 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 Partners Bank 401(k) Savings Plan?
Among 401(k) plans in other states, the closest by assets is Vaniam Group LLC 401(k) Plan in IL ($27M, 269 participants).
Which 401(k) plans cover a similar participant headcount to Partners Bank 401(k) Savings Plan?
Among 401(k) plans in other states, the closest by covered participants is Anesthesia Consultants of Indianapolis, LLC 401(k) Profit Sharing Plan in IN (126 participants, $105M in assets).