Machias Savings Bank
Plan context: Machias Savings Bank Employees 401K Plan
EIN 01-0111800 • Machias, ME • 46 filings • 7 plans
Current Snapshot
Latest Year
2024
2024 Participants
311
2024 Assets
$39,736,415
2024 Contributions
$2,877,186
Historical Graphs
Total Assets Over Time
Aggregate end-of-year assets by filing year, excluding zero-asset years
Participants Over Time
Largest reported end-of-year plan headcount by filing year, used to avoid double-counting participants across overlapping plans
Company Timeline
Year summaries and individual filings are combined here so you can stay in one place while moving across years and plan filings.
| Year / Filing | Filings | Participants | Assets | Contributions | Contrib./Participant |
|---|---|---|---|---|---|
| 2024 | 2 | 311 | $39,736,415 | $2,877,186 | $9,251iApproximate average salary by contribution assumption: employee only about $231,285 at 4% or $154,190 at 6%; with 50% employer match about $154,190 at 4% or $102,793 at 6%; with 100% employer match about $115,643 at 4% or $77,095 at 6%. |
| Machias Savings Bank Employees 401K Plan | - | 291 | $39,736,415 | $2,877,186 | $9,887iApproximate average salary by contribution assumption: employee only about $247,181 at 4% or $164,787 at 6%; with 50% employer match about $164,787 at 4% or $109,858 at 6%; with 100% employer match about $123,590 at 4% or $82,394 at 6%. |
| Machias Savings Bank Health & Welfare Benefit Plan | - | 311 | - | - | - |
| 2023 | 2 | 339 | $34,291,293 | $3,631,455 | $10,712iApproximate average salary by contribution assumption: employee only about $267,806 at 4% or $178,538 at 6%; with 50% employer match about $178,538 at 4% or $119,025 at 6%; with 100% employer match about $133,903 at 4% or $89,269 at 6%. |
| Machias Savings Bank Employees 401K Plan | - | 295 | $34,291,293 | $3,631,455 | $12,310iApproximate average salary by contribution assumption: employee only about $307,750 at 4% or $205,167 at 6%; with 50% employer match about $205,167 at 4% or $136,778 at 6%; with 100% employer match about $153,875 at 4% or $102,583 at 6%. |
| Machias Savings Bank Health & Welfare Benefit Plan | - | 339 | - | - | - |
| 2022 | 2 | 322 | $29,828,668 | $2,672,489 | $8,300iApproximate average salary by contribution assumption: employee only about $207,491 at 4% or $138,328 at 6%; with 50% employer match about $138,328 at 4% or $92,218 at 6%; with 100% employer match about $103,746 at 4% or $69,164 at 6%. |
| Machias Savings Bank Employees 401K Plan | - | 275 | $29,828,668 | $2,672,489 | $9,718iApproximate average salary by contribution assumption: employee only about $242,954 at 4% or $161,969 at 6%; with 50% employer match about $161,969 at 4% or $107,979 at 6%; with 100% employer match about $121,477 at 4% or $80,985 at 6%. |
| Machias Savings Bank Health & Welfare Benefit Plan | - | 322 | - | - | - |
| 2021 | 2 | 334 | $34,949,827 | $3,131,477 | $9,376iApproximate average salary by contribution assumption: employee only about $234,392 at 4% or $156,261 at 6%; with 50% employer match about $156,261 at 4% or $104,174 at 6%; with 100% employer match about $117,196 at 4% or $78,131 at 6%. |
| Machias Savings Bank Employees 401K Plan | - | 267 | $34,949,827 | $3,131,477 | $11,728iApproximate average salary by contribution assumption: employee only about $293,209 at 4% or $195,473 at 6%; with 50% employer match about $195,473 at 4% or $130,315 at 6%; with 100% employer match about $146,605 at 4% or $97,736 at 6%. |
| Machias Savings Bank Health & Welfare Benefit Plan | - | 334 | - | - | - |
| 2020 | 2 | 302 | $29,297,852 | $2,476,076 | $8,199iApproximate average salary by contribution assumption: employee only about $204,973 at 4% or $136,649 at 6%; with 50% employer match about $136,649 at 4% or $91,099 at 6%; with 100% employer match about $102,487 at 4% or $68,324 at 6%. |
| Machias Savings Bank Employees 401K Plan | - | 274 | $29,297,852 | $2,476,076 | $9,037iApproximate average salary by contribution assumption: employee only about $225,919 at 4% or $150,613 at 6%; with 50% employer match about $150,613 at 4% or $100,409 at 6%; with 100% employer match about $112,960 at 4% or $75,306 at 6%. |
| Machias Savings Bank Health & Welfare Benefit Plan | - | 302 | - | - | - |
| 2019 | 2 | 308 | $25,749,566 | $2,597,289 | $8,433iApproximate average salary by contribution assumption: employee only about $210,819 at 4% or $140,546 at 6%; with 50% employer match about $140,546 at 4% or $93,697 at 6%; with 100% employer match about $105,409 at 4% or $70,273 at 6%. |
| Machias Savings Bank Employees 401K Plan | - | 262 | $25,749,566 | $2,597,289 | $9,913iApproximate average salary by contribution assumption: employee only about $247,833 at 4% or $165,222 at 6%; with 50% employer match about $165,222 at 4% or $110,148 at 6%; with 100% employer match about $123,916 at 4% or $82,611 at 6%. |
| Machias Savings Bank Health & Welfare Benefit Plan | - | 308 | - | - | - |
| 2018 | 1 | 246 | $19,863,382 | $1,868,421 | $7,595iApproximate average salary by contribution assumption: employee only about $189,880 at 4% or $126,587 at 6%; with 50% employer match about $126,587 at 4% or $84,391 at 6%; with 100% employer match about $94,940 at 4% or $63,293 at 6%. |
| Machias Savings Bank Employees 401K Plan | - | 246 | $19,863,382 | $1,868,421 | $7,595iApproximate average salary by contribution assumption: employee only about $189,880 at 4% or $126,587 at 6%; with 50% employer match about $126,587 at 4% or $84,391 at 6%; with 100% employer match about $94,940 at 4% or $63,293 at 6%. |
| 2017 | 2 | 232 | $20,245,717 | $1,639,347 | $7,066iApproximate average salary by contribution assumption: employee only about $176,654 at 4% or $117,769 at 6%; with 50% employer match about $117,769 at 4% or $78,513 at 6%; with 100% employer match about $88,327 at 4% or $58,885 at 6%. |
| Machias Savings Bank Employees 401K Plan | - | 232 | $20,245,717 | $1,639,347 | $7,066iApproximate average salary by contribution assumption: employee only about $176,654 at 4% or $117,769 at 6%; with 50% employer match about $117,769 at 4% or $78,513 at 6%; with 100% employer match about $88,327 at 4% or $58,885 at 6%. |
| Machias Savings Bank Phantom Stock Plan | - | 0 | - | - | - |
| 2016 | 2 | 256 | $24,042,204 | $2,065,146 | $8,067iApproximate average salary by contribution assumption: employee only about $201,674 at 4% or $134,450 at 6%; with 50% employer match about $134,450 at 4% or $89,633 at 6%; with 100% employer match about $100,837 at 4% or $67,225 at 6%. |
| Machias Savings Bank Employees 401K Plan | - | 223 | $19,222,685 | $1,384,451 | $6,208iApproximate average salary by contribution assumption: employee only about $155,208 at 4% or $103,472 at 6%; with 50% employer match about $103,472 at 4% or $68,981 at 6%; with 100% employer match about $77,604 at 4% or $51,736 at 6%. |
| Machias Savings Bank Phantom Stock Plan | - | 256 | $4,819,519 | $680,695 | $2,659iApproximate average salary by contribution assumption: employee only about $66,474 at 4% or $44,316 at 6%; with 50% employer match about $44,316 at 4% or $29,544 at 6%; with 100% employer match about $33,237 at 4% or $22,158 at 6%. |
| 2015 | 2 | 250 | $22,359,158 | $1,987,229 | $7,949iApproximate average salary by contribution assumption: employee only about $198,723 at 4% or $132,482 at 6%; with 50% employer match about $132,482 at 4% or $88,321 at 6%; with 100% employer match about $99,361 at 4% or $66,241 at 6%. |
| Machias Savings Bank Employees 401K Plan | - | 194 | $17,325,390 | $1,238,353 | $6,383iApproximate average salary by contribution assumption: employee only about $159,582 at 4% or $106,388 at 6%; with 50% employer match about $106,388 at 4% or $70,925 at 6%; with 100% employer match about $79,791 at 4% or $53,194 at 6%. |
| Machias Savings Bank Phantom Stock Plan | - | 250 | $5,033,768 | $748,876 | $2,996iApproximate average salary by contribution assumption: employee only about $74,888 at 4% or $49,925 at 6%; with 50% employer match about $49,925 at 4% or $33,283 at 6%; with 100% employer match about $37,444 at 4% or $24,963 at 6%. |
| 2014 | 2 | 242 | $21,232,242 | $2,120,266 | $8,761iApproximate average salary by contribution assumption: employee only about $219,036 at 4% or $146,024 at 6%; with 50% employer match about $146,024 at 4% or $97,349 at 6%; with 100% employer match about $109,518 at 4% or $73,012 at 6%. |
| Machias Savings Bank Employees 401K Plan | - | 193 | $16,585,707 | $1,563,247 | $8,100iApproximate average salary by contribution assumption: employee only about $202,493 at 4% or $134,995 at 6%; with 50% employer match about $134,995 at 4% or $89,997 at 6%; with 100% employer match about $101,247 at 4% or $67,498 at 6%. |
| Machias Savings Bank Phantom Stock Plan | - | 242 | $4,646,535 | $557,019 | $2,302iApproximate average salary by contribution assumption: employee only about $57,543 at 4% or $38,362 at 6%; with 50% employer match about $38,362 at 4% or $25,575 at 6%; with 100% employer match about $28,772 at 4% or $19,181 at 6%. |
| 2013 | 1 | 179 | $14,745,010 | $1,356,690 | $7,579iApproximate average salary by contribution assumption: employee only about $189,482 at 4% or $126,321 at 6%; with 50% employer match about $126,321 at 4% or $84,214 at 6%; with 100% employer match about $94,741 at 4% or $63,161 at 6%. |
| Machias Savings Bank Employees 401K Plan | - | 179 | $14,745,010 | $1,356,690 | $7,579iApproximate average salary by contribution assumption: employee only about $189,482 at 4% or $126,321 at 6%; with 50% employer match about $126,321 at 4% or $84,214 at 6%; with 100% employer match about $94,741 at 4% or $63,161 at 6%. |
| 2012 | 1 | 175 | $12,139,750 | $1,010,023 | $5,772iApproximate average salary by contribution assumption: employee only about $144,289 at 4% or $96,193 at 6%; with 50% employer match about $96,193 at 4% or $64,128 at 6%; with 100% employer match about $72,145 at 4% or $48,096 at 6%. |
| Machias Savings Bank Employees 401K Plan | - | 175 | $12,139,750 | $1,010,023 | $5,772iApproximate average salary by contribution assumption: employee only about $144,289 at 4% or $96,193 at 6%; with 50% employer match about $96,193 at 4% or $64,128 at 6%; with 100% employer match about $72,145 at 4% or $48,096 at 6%. |
| 2011 | 1 | 167 | $10,237,139 | $918,427 | $5,500iApproximate average salary by contribution assumption: employee only about $137,489 at 4% or $91,659 at 6%; with 50% employer match about $91,659 at 4% or $61,106 at 6%; with 100% employer match about $68,745 at 4% or $45,830 at 6%. |
| Machias Savings Bank Employees 401K Plan | - | 167 | $10,237,139 | $918,427 | $5,500iApproximate average salary by contribution assumption: employee only about $137,489 at 4% or $91,659 at 6%; with 50% employer match about $91,659 at 4% or $61,106 at 6%; with 100% employer match about $68,745 at 4% or $45,830 at 6%. |
| 2010 | 1 | 168 | $10,123,855 | $931,299 | $5,543iApproximate average salary by contribution assumption: employee only about $138,586 at 4% or $92,391 at 6%; with 50% employer match about $92,391 at 4% or $61,594 at 6%; with 100% employer match about $69,293 at 4% or $46,195 at 6%. |
| Machias Savings Bank Employees 401K Plan | - | 168 | $10,123,855 | $931,299 | $5,543iApproximate average salary by contribution assumption: employee only about $138,586 at 4% or $92,391 at 6%; with 50% employer match about $92,391 at 4% or $61,594 at 6%; with 100% employer match about $69,293 at 4% or $46,195 at 6%. |
| 2009 | 1 | 176 | $8,730,525 | $1,239,517 | $7,043iApproximate average salary by contribution assumption: employee only about $176,068 at 4% or $117,379 at 6%; with 50% employer match about $117,379 at 4% or $78,252 at 6%; with 100% employer match about $88,034 at 4% or $58,689 at 6%. |
| Machias Savings Bank Employees 401K Plan | - | 176 | $8,730,525 | $1,239,517 | $7,043iApproximate average salary by contribution assumption: employee only about $176,068 at 4% or $117,379 at 6%; with 50% employer match about $117,379 at 4% or $78,252 at 6%; with 100% employer match about $88,034 at 4% or $58,689 at 6%. |
| 2008 | 2 | 164 | $6,244,442 | $4,431,933 | $27,024iApproximate average salary by contribution assumption: employee only about $675,600 at 4% or $450,400 at 6%; with 50% employer match about $450,400 at 4% or $300,266 at 6%; with 100% employer match about $337,800 at 4% or $225,200 at 6%. |
| Machias Savings Bank Employees 401K Plan | - | 164 | $6,244,442 | $3,351,851 | $20,438iApproximate average salary by contribution assumption: employee only about $510,953 at 4% or $340,635 at 6%; with 50% employer match about $340,635 at 4% or $227,090 at 6%; with 100% employer match about $255,476 at 4% or $170,318 at 6%. |
| Machias Savings Bank Defined Benefit Pension Plan | - | 0 | - | $1,080,082 | - |
| 2007 | 2 | 173 | $12,568,613 | $923,148 | $5,336iApproximate average salary by contribution assumption: employee only about $133,403 at 4% or $88,935 at 6%; with 50% employer match about $88,935 at 4% or $59,290 at 6%; with 100% employer match about $66,701 at 4% or $44,468 at 6%. |
| Machias Savings Bank Defined Benefit Pension Plan | - | 142 | $7,396,435 | - | - |
| Machias Savings Bank Employees 401K Plan | - | 173 | $5,172,178 | $923,148 | $5,336iApproximate average salary by contribution assumption: employee only about $133,403 at 4% or $88,935 at 6%; with 50% employer match about $88,935 at 4% or $59,290 at 6%; with 100% employer match about $66,701 at 4% or $44,468 at 6%. |
| 2006 | 2 | 196 | $11,200,326 | $1,088,547 | $5,554iApproximate average salary by contribution assumption: employee only about $138,845 at 4% or $92,564 at 6%; with 50% employer match about $92,564 at 4% or $61,709 at 6%; with 100% employer match about $69,423 at 4% or $46,282 at 6%. |
| Machias Savings Bank Defined Benefit Pension Plan | - | 147 | $7,076,513 | $646,775 | $4,400iApproximate average salary by contribution assumption: employee only about $109,996 at 4% or $73,330 at 6%; with 50% employer match about $73,330 at 4% or $48,887 at 6%; with 100% employer match about $54,998 at 4% or $36,665 at 6%. |
| Machias Savings Bank Employees 401K Plan | - | 196 | $4,123,813 | $441,772 | $2,254iApproximate average salary by contribution assumption: employee only about $56,348 at 4% or $37,566 at 6%; with 50% employer match about $37,566 at 4% or $25,044 at 6%; with 100% employer match about $28,174 at 4% or $18,783 at 6%. |
| 2005 | 2 | 155 | $9,366,239 | $974,033 | $6,284iApproximate average salary by contribution assumption: employee only about $157,102 at 4% or $104,735 at 6%; with 50% employer match about $104,735 at 4% or $69,823 at 6%; with 100% employer match about $78,551 at 4% or $52,367 at 6%. |
| Machias Savings Bank Defined Benefit Pension Plan | - | 126 | $5,908,187 | $595,237 | $4,724iApproximate average salary by contribution assumption: employee only about $118,103 at 4% or $78,735 at 6%; with 50% employer match about $78,735 at 4% or $52,490 at 6%; with 100% employer match about $59,051 at 4% or $39,368 at 6%. |
| Machias Savings Bank Employees 401K Plan | - | 155 | $3,458,052 | $378,796 | $2,444iApproximate average salary by contribution assumption: employee only about $61,096 at 4% or $40,731 at 6%; with 50% employer match about $40,731 at 4% or $27,154 at 6%; with 100% employer match about $30,548 at 4% or $20,365 at 6%. |
| 2004 | 2 | 143 | $8,092,281 | $855,249 | $5,981iApproximate average salary by contribution assumption: employee only about $149,519 at 4% or $99,679 at 6%; with 50% employer match about $99,679 at 4% or $66,453 at 6%; with 100% employer match about $74,760 at 4% or $49,840 at 6%. |
| Machias Savings Bank Defined Benefit Pension Plan | - | 123 | $5,024,351 | $523,559 | $4,257iApproximate average salary by contribution assumption: employee only about $106,414 at 4% or $70,943 at 6%; with 50% employer match about $70,943 at 4% or $47,295 at 6%; with 100% employer match about $53,207 at 4% or $35,471 at 6%. |
| Machias Savings Bank Employees 401K Plan | - | 143 | $3,067,930 | $331,690 | $2,320iApproximate average salary by contribution assumption: employee only about $57,988 at 4% or $38,659 at 6%; with 50% employer match about $38,659 at 4% or $25,772 at 6%; with 100% employer match about $28,994 at 4% or $19,329 at 6%. |
| 2003 | 2 | 138 | $7,037,173 | $733,823 | $5,318iApproximate average salary by contribution assumption: employee only about $132,939 at 4% or $88,626 at 6%; with 50% employer match about $88,626 at 4% or $59,084 at 6%; with 100% employer match about $66,469 at 4% or $44,313 at 6%. |
| Machias Savings Bank Defined Benefit Pension Plan | - | 133 | $4,243,558 | $436,594 | $3,283iApproximate average salary by contribution assumption: employee only about $82,067 at 4% or $54,711 at 6%; with 50% employer match about $54,711 at 4% or $36,474 at 6%; with 100% employer match about $41,033 at 4% or $27,356 at 6%. |
| Machias Savings Bank Employees 401K Plan | - | 138 | $2,793,615 | $297,229 | $2,154iApproximate average salary by contribution assumption: employee only about $53,846 at 4% or $35,897 at 6%; with 50% employer match about $35,897 at 4% or $23,931 at 6%; with 100% employer match about $26,923 at 4% or $17,949 at 6%. |
| 2002 | 2 | 134 | $5,719,643 | $575,561 | $4,295iApproximate average salary by contribution assumption: employee only about $107,381 at 4% or $71,587 at 6%; with 50% employer match about $71,587 at 4% or $47,725 at 6%; with 100% employer match about $53,690 at 4% or $35,794 at 6%. |
| Machias Savings Bank Defined Benefit Pension Plan | - | 110 | $3,459,311 | $290,153 | $2,638iApproximate average salary by contribution assumption: employee only about $65,944 at 4% or $43,963 at 6%; with 50% employer match about $43,963 at 4% or $29,308 at 6%; with 100% employer match about $32,972 at 4% or $21,981 at 6%. |
| Machias Savings Bank Employees 401K Plan | - | 134 | $2,260,332 | $285,408 | $2,130iApproximate average salary by contribution assumption: employee only about $53,248 at 4% or $35,499 at 6%; with 50% employer match about $35,499 at 4% or $23,666 at 6%; with 100% employer match about $26,624 at 4% or $17,749 at 6%. |
| 2001 | 2 | 135 | $5,737,100 | $528,487 | $3,915iApproximate average salary by contribution assumption: employee only about $97,868 at 4% or $65,245 at 6%; with 50% employer match about $65,245 at 4% or $43,497 at 6%; with 100% employer match about $48,934 at 4% or $32,623 at 6%. |
| Machias Savings Bank Defined Benefit Pension Plan | - | 107 | $3,172,387 | $240,496 | $2,248iApproximate average salary by contribution assumption: employee only about $56,191 at 4% or $37,460 at 6%; with 50% employer match about $37,460 at 4% or $24,974 at 6%; with 100% employer match about $28,095 at 4% or $18,730 at 6%. |
| Machias Savings Bank Employees 401K Plan | - | 135 | $2,564,713 | $287,991 | $2,133iApproximate average salary by contribution assumption: employee only about $53,332 at 4% or $35,554 at 6%; with 50% employer match about $35,554 at 4% or $23,703 at 6%; with 100% employer match about $26,666 at 4% or $17,777 at 6%. |
| 2000 | 2 | 138 | $0 | $0 | - |
| Machias Savings Bank Defined Benefit Pension Plan | - | 108 | - | - | - |
| Machias Savings Bank Employees 401K Plan | - | 138 | - | - | - |
| 1999 | 2 | 120 | $5,434,243 | $378,793 | $3,157iApproximate average salary by contribution assumption: employee only about $78,915 at 4% or $52,610 at 6%; with 50% employer match about $52,610 at 4% or $35,073 at 6%; with 100% employer match about $39,458 at 4% or $26,305 at 6%. |
| Machias Savings Bank Defined Benefit Pension Plan | - | 0 | $2,816,720 | $155,925 | - |
| Machias Savings Bank Employees 401K Plan | - | 120 | $2,617,523 | $222,868 | $1,857iApproximate average salary by contribution assumption: employee only about $46,431 at 4% or $30,954 at 6%; with 50% employer match about $30,954 at 4% or $20,636 at 6%; with 100% employer match about $23,215 at 4% or $15,477 at 6%. |