401(k) · DOL Form 5500 · 2022

Torrington Savings Bank 401(k) Plan

Data updated 2026-08-25

$21M
Total assets Small plan by assets
111
Participants Small participant base
78th
Percentile by assets National rank
$193,675
Avg per participant Above avg balance/head
PlainRetire home → About this data RSS: change history

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

$21M in assets, 111 participants

Torrington Savings Bank's Torrington Savings Bank 401(k) Savings Plan reported $21M in total assets and 111 participants in its 2022 DOL Form 5500 filing, ranking in the 78th 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.

  • #6,044 in Finance & Insurance (9,261 peers)

Coverage in Connecticut

Torrington Savings Bank 401(k) Savings Plan covers 111 participants in Connecticut, about 15% of the average Connecticut filer (state average ~718 per filing). Assets: $21M.

#6,044
in Finance & Insurance (9,261 peers)
+29.2%
assets growth YoY
0.2×
vs typical plan assets (national mean)

The plan reported a net loss of $4M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

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

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

End-of-year total assets · plan year 2022 · DOL Form 5500

$21,497,961 Top 22% higher than 78% of 139,123 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 2022

Torrington Savings Bank 401(k) Savings Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Torrington Savings Bank 401(k) Savings Plan sits mid-pack in the medium band (111 participants).

Plan-year Form 5500 strip

Filing strip 060564890 · Torrington Savings Bank PY 2022 · 401(k)

Torrington Savings Bank 401(k) Savings Plan · $21M · 111 · 78th

  • BOY $21M
  • SCH 111
  • EBSA 78th
  • PART 401(k)
  • TYPE near Master Chemical Corporation Savings Plan
  • NET ind #6044

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 Connecticut →

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

Torrington Savings Bank 401(k) Savings PlanTorrington Savings Bank 401(…$21MMaster Chemical Corporation Savings PlanMaster Chemical Corporation …$21MTerral Riverservice Inc 401(k) PlanTerral Riverservice Inc 401(…$21MAll in Federal Credit Union 401(k) Plan and TrustAll in Federal Credit Union …$21MMartin Automatic, Inc. 401(k) PlanMartin Automatic, Inc. 401(k…$22M
End-of-year total assets ($M) among Torrington Savings Bank 401(k) Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Connecticut filing particulars

Total Assets (Beginning of Year)$17M
Net Assets (End of Year)$21M
Net Income-$4M
Employer EIN060564890
Plan Effective Date1994-11-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Torrington Savings Bank)

Sponsor-wide plan assets over time

All Torrington Savings Bank plans reported in each filing year

Latest sponsor-wide plan assets
$27M 24.277814068041152% vs 2022
2024 filing year
$20M$22M$24M$26M$28M 202220232024 $21.5M $26.7M ▲ +24.3%
Year Plans Participants Total Assets
2022 2 208 $21M
2023 1 112 $25M
2024 1 121 $27M

Nearby 401(k) Plans in Connecticut

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

Torrington Savings Bank 401(k) Savings Plan vs. nearby 401(k) plans in Connecticut, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -200204060 Total assets ($B) Participants Torrington Savings Bank 401(k) Savings Plan, Total assets ($B): 0.021497961 · Participants: 111Torrington Savings Bank 401(k) Savings PlanUnited Technologies Corporation Employee Savings Plan, Total assets ($B): 48.916975 · Participants: 55762United Technologies Corporation Employee Savings PlanGE Retirement Savings Plan, Total assets ($B): 24.786830027 · Participants: 57522GE Retirement Savings PlanCiti Retirement Savings Plan, Total assets ($B): 17.438946034 · Participants: 70070Citi Retirement Savings PlanThe Hartford Investment and Savings Plan, Total assets ($B): 5.615003 · Participants: 17724The Hartford Investment and Savings PlanXerox Corporation Savings Plan, Total assets ($B): 3.641347 · Participants: 11876Xerox Corporation Savings Plan
Torrington Savings Bank 401(k) Savings Plan vs. nearby 401(k) plans in Connecticut, assets vs. participants

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

Outside Connecticut, the nearest 401(k) by assets is Master Chemical Corporation Savings Plan in OH ($21M); by covered participants it is Green Box Loans Inc, 401(k) Plan in CA (111 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($21M here).

Similar participant headcount

Nearest other-state filings by covered participants (111 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Torrington Savings Bank 401(k) Savings Plan assets move in 2022?
Torrington Savings Bank 401(k) Savings Plan grew sharply - up 29.2% during 2022, from $17M to $21M. Reported net income was -$4M.
How have Torrington Savings Bank plan assets changed over time?
Across 3 plan years on file (2022-2024), Torrington Savings Bank's sponsor-wide assets grew 24.3%, from $21M to $27M.
Where does Torrington Savings Bank 401(k) Savings Plan rank by assets among Form 5500 filers?
Torrington Savings Bank 401(k) Savings Plan ranks in the 78th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Torrington Savings Bank 401(k) Savings Plan?
Among 401(k) plans in other states, the closest by assets is Master Chemical Corporation Savings Plan in OH ($21M, 106 participants).
Which 401(k) plans cover a similar participant headcount to Torrington Savings Bank 401(k) Savings Plan?
Among 401(k) plans in other states, the closest by covered participants is Green Box Loans Inc, 401(k) Plan in CA (111 participants, $192K in assets).