Defined Benefit (Pension) · DOL Form 5500 · 2024

Kennebunk Savings Bank Pension Plan

Data updated 2026-08-25

$68M
Total assets Below avg plan size
299
Participants Below avg headcount
87th
Percentile by assets National rank
$228,442
Avg per participant Above avg balance/head
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Official DOL plan name: The Retirement Plan of Kennebunk Savings Bank · Sponsored by Kennebunk Savings Bank · Maine · Finance & Insurance

$68M in assets, 299 participants

Kennebunk Savings Bank's The Retirement Plan of Kennebunk Savings Bank reported $68M in total assets and 299 participants in its 2024 DOL Form 5500 filing, ranking in the 87th 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.

  • #6,875 in Finance & Insurance (8,549 peers)

Where The Retirement Plan of Kennebunk Savings Bank sits by assets

The Retirement Plan of Kennebunk Savings Bank sits in the top quartile of all filed plans by assets, $68M for 299 participants (~$228,442/participant), down 2.4% in 2024.

#6,875
in Finance & Insurance (8,549 peers)
-2.4%
assets change YoY
0.7×
vs typical plan assets (national mean)

The plan reported a net loss of $2M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

The Retirement Plan of Kennebunk Savings Bank's outsized position by total assets

The Retirement Plan of Kennebunk Savings Bank vs every filed plan by assets

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

$68,304,238 Top 13% higher than 87% 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

The Retirement Plan of Kennebunk Savings Bank 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. The Retirement Plan of Kennebunk Savings Bank sits mid-pack in the medium band (299 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • The Retirement Plan of Kennebunk Savings Bank reported net income fell from $5M in the plan year 2023 filing to -$2M in the plan year 2024 filing.
  • The Retirement Plan of Kennebunk Savings Bank reported participants fell from 364 in the plan year 2023 filing to 299 in the plan year 2024 filing.
  • The Retirement Plan of Kennebunk Savings Bank end-of-year assets fell from $70M in the plan year 2023 filing to $68M 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 · Defined Benefit (Pension)

The Retirement Plan of Kennebunk Savings Bank · $68M · 299 · 87th

  • EIN $68M
  • EIN 299
  • EIN 87th
  • EIN Defined Benefit (Pension)
  • EIN near Lennox International Inc. 2008 Consolidated Pension Plan
  • EIN ind #6875

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 →

The Retirement Plan of Kennebunk Savings Bank in the asset neighbourhood

Motorists Mutual Retirement PlanMotorists Mutual Retirement …$68MArmed Forces Benefit Association Employee Pension PlanArmed Forces Benefit Associa…$68MThe Retirement Plan of Kennebunk Savings BankThe Retirement Plan of Kenne…$68MLennox International Inc. 2008 Consolidated Pension PlanLennox International Inc. 20…$68MInternational-Matex Tank Terminals Pension PlanInternational-Matex Tank Ter…$68M
End-of-year total assets ($M) among The Retirement Plan of Kennebunk Savings Bank and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$70M
Net Assets (End of Year)$68M
Net Income-$2M
Employer EIN010100600
Plan Effective Date1959-01-01
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 Defined Benefit (Pension) Plans in Maine

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

The Retirement Plan of Kennebunk Savings Bank vs. nearby Defined Benefit (Pension) plans in Maine, assets vs. participants Scatter plot of 6 data points. -20000200040006000 00.511.5 Total assets ($B) Participants The Retirement Plan of Kennebunk Savings Bank, Total assets ($B): 0.068304238 · Participants: 299The Retirement Plan of Kennebunk Savings BankUnum Group Pension Plan, Total assets ($B): 1.36531854 · Participants: 2887Unum Group Pension PlanMaine Medical Center Pension Plan, Total assets ($B): 0.795021121 · Participants: 2484Maine Medical Center Pension PlanLegacy Chrysler Financial Employee Pension Plan, Total assets ($B): 0.509231651 · Participants: 213Legacy Chrysler Financial Employee Pension PlanTd Banknorth Inc. Pension Plan, Total assets ($B): 0.413363009 · Participants: 1528Td Banknorth Inc. Pension PlanNorthern Light Health Retirement Partnership Plan, Total assets ($B): 0.298873722 · Participants: 4838Northern Light Health Retirement Partnership Plan
The Retirement Plan of Kennebunk Savings Bank vs. nearby Defined Benefit (Pension) plans in Maine, assets vs. participants
Compare The Retirement Plan of Kennebunk Savings Bank side-by-side with 3 peers →

The Retirement Plan of Kennebunk Savings Bank's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Maine, the nearest Defined Benefit (Pension) by assets is Lennox International Inc. 2008 Consolidated Pension Plan in TX ($68M); by covered participants it is New York Eye and Ear Infirmary Employees' Pension Plan in NY (299 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (299 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 The Retirement Plan of Kennebunk Savings Bank assets move in 2024? ▼
The Retirement Plan of Kennebunk Savings Bank edged down modestly - down 2.4% during 2024, from $70M to $68M. Reported net income was -$2M.
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 The Retirement Plan of Kennebunk Savings Bank rank by assets among Form 5500 filers? ▼
The Retirement Plan of Kennebunk Savings Bank ranks in the 87th 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 Defined Benefit (Pension) plans are similar in size to The Retirement Plan of Kennebunk Savings Bank? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Lennox International Inc. 2008 Consolidated Pension Plan in TX ($68M, 1,280 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to The Retirement Plan of Kennebunk Savings Bank? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is New York Eye and Ear Infirmary Employees' Pension Plan in NY (299 participants, $125M 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 010100600.

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.