Defined Benefit (Pension) · DOL Form 5500 · 2024

Saco & Biddeford Savings Institution Pension Plan

Data updated 2026-08-25

$40M
Total assets Below avg plan size
55
Participants Small participant base
81st
Percentile by assets National rank
$726,533
Avg per participant High balance/head
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Official DOL plan name: The Retirement Plan of Saco & Biddeford Savings Institution · Sponsored by Saco & Biddeford Savings Institution · Maine · Finance & Insurance

$40M in assets, 55 participants

Saco & Biddeford Savings Institution's The Retirement Plan of Saco & Biddeford Savings Institution reported $40M in total assets and 55 participants in its 2024 DOL Form 5500 filing, ranking in the 81st 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.

  • #6,089 in Finance & Insurance (8,549 peers)

Where The Retirement Plan of Saco & Biddeford Savings Institution sits by assets

The Retirement Plan of Saco & Biddeford Savings Institution sits in the top quartile of all filed plans by assets, $40M for 55 participants (~$726,533/participant), up 2.3% in 2024.

#6,089
in Finance & Insurance (8,549 peers)
+2.3%
assets growth YoY
0.4×
vs typical plan assets (national mean)

The Retirement Plan of Saco & Biddeford Savings Institution's outsized position by total assets

The Retirement Plan of Saco & Biddeford Savings Institution vs every filed plan by assets

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

$39,959,340 Top 19% higher than 81% 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 Saco & Biddeford Savings Institution among smaller 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 Saco & Biddeford Savings Institution is a small filing (55 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • The Retirement Plan of Saco & Biddeford Savings Institution reported net income fell from $6M in the plan year 2023 filing to $917K in the plan year 2024 filing.
  • The Retirement Plan of Saco & Biddeford Savings Institution reported participants fell from 61 in the plan year 2023 filing to 55 in the plan year 2024 filing.
  • The Retirement Plan of Saco & Biddeford Savings Institution end-of-year assets rose from $39M in the plan year 2023 filing to $40M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 010153690 · Saco & Biddeford Savings Institution PY 2024 · Defined Benefit (Pension)

The Retirement Plan of Saco & Biddeford Savings Institution · $40M · 55 · 81st

  • BOOK $40M
  • VS-ST 55
  • BOY 81st
  • SCH Defined Benefit (Pension)
  • EBSA near Loral Pension Plan
  • PART ind #6089

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 Saco & Biddeford Savings Institution in the asset neighbourhood

Southern Region of Teamsters Pension PlanSouthern Region of Teamsters…$40MLoral Pension Plan$40MThe Retirement Plan of Saco & Biddeford Savings InstitutionThe Retirement Plan of Saco …$40MInt'l Assn of Heat & Frost Insulators & Asbestos Workers Local 127 Pension FundInt'l Assn of Heat & Frost I…$40MThe Restated Contributory Retirement Plan for CooperativesThe Restated Contributory Re…$40M
End-of-year total assets ($M) among The Retirement Plan of Saco & Biddeford Savings Institution and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$39M
Net Assets (End of Year)$40M
Net Income$917K
Employer EIN010153690
Plan Effective Date1952-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Saco & Biddeford Savings Institution)

Sponsor-wide plan assets over time

All Saco & Biddeford Savings Institution plans reported in each filing year

Latest sponsor-wide plan assets
$70M 28.321572439776794% vs 2022
2024 filing year
$50M$55M$60M$65M$70M$75M 202220232024 $54.2M $69.6M ▲ +28.3%
Year Plans Participants Total Assets
2022 2 258 $54M
2023 2 257 $64M
2024 2 255 $70M

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 Saco & Biddeford Savings Institution vs. nearby Defined Benefit (Pension) plans in Maine, assets vs. participants Scatter plot of 6 data points. -20000200040006000 -0.500.511.5 Total assets ($B) Participants The Retirement Plan of Saco & Biddeford Savings Institution, Total assets ($B): 0.03995934 · Participants: 55The Retirement Plan of Saco & Biddeford Savings InstitutionUnum 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 Saco & Biddeford Savings Institution vs. nearby Defined Benefit (Pension) plans in Maine, assets vs. participants
Compare The Retirement Plan of Saco & Biddeford Savings Institution side-by-side with 3 peers →

The Retirement Plan of Saco & Biddeford Savings Institution's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Maine, the nearest Defined Benefit (Pension) by assets is Loral Pension Plan in ($40M); by covered participants it is Pension Plan of Locals 794 & 819, I.a.T.S.E. in NY (55 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (55 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 Saco & Biddeford Savings Institution assets move in 2024? ▼
The Retirement Plan of Saco & Biddeford Savings Institution edged up modestly - up 2.3% during 2024, from $39M to $40M. Reported net income was $917K.
How have Saco & Biddeford Savings Institution plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Saco & Biddeford Savings Institution's sponsor-wide assets grew 28.3%, from $54M to $70M.
Where does The Retirement Plan of Saco & Biddeford Savings Institution rank by assets among Form 5500 filers? ▼
The Retirement Plan of Saco & Biddeford Savings Institution ranks in the 81st 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 Saco & Biddeford Savings Institution? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Loral Pension Plan in ($40M, N/A participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to The Retirement Plan of Saco & Biddeford Savings Institution? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Pension Plan of Locals 794 & 819, I.a.T.S.E. in NY (55 participants, $75M 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 010153690.

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.