Defined Benefit (Pension) · DOL Form 5500 · 2022

Wayne Savings Community Bank Pension Plan

Data updated 2026-08-11

$1M
Total assets
10
Participants
27th
Percentile by assets
$123,347
Avg per participant
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Official DOL plan name: Wayne Savings Community Bank Defined Benefit Pension Plan · Sponsored by Wayne Savings Community Bank · Ohio · Finance & Insurance

$1M in assets, 10 participants

Wayne Savings Community Bank's Wayne Savings Community Bank Defined Benefit Pension Plan reported $1M in total assets and 10 participants in its 2022 DOL Form 5500 filing, ranking in the 27th 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.

  • 27th percentile by assets (of 139,126 plans)
  • #1,683 in Finance & Insurance (9,261 peers)

Wayne Savings Community Bank multi-year trail

Wayne Savings Community Bank's plans moved +23.6% in assets from 2022 to 2024; this filing shows Wayne Savings Community Bank Defined Benefit Pension Plan at $1M / 10 participants.

$1M
total plan assets (2022 EOY)
10
covered participants
27th
percentile by assets (of 139,126 plans)
$123,347
avg assets per participant

The plan reported a net loss of $502K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Where Wayne Savings Community Bank Defined Benefit Pension Plan sits by total assets

Wayne Savings Community Bank Defined Benefit Pension Plan vs every filed plan by assets

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

$1,233,472 27th percentile higher than 27% of 139,123 filed plans

This plan $0 $2,010,000,000 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

State
Ohio
Industry
Finance & Insurance

Wayne Savings Community Bank across 3 plan years on file

Across the 3 plan years Wayne Savings Community Bank has on file (2022-2024), sponsor-wide plan assets have moved from $8M to $10M, a gain of 23.6%, while reported participants moved from 189 to 205 (+8.5%). Peak year by sponsor assets: 2024 ($10M); trough: 2023 ($7M).

Wayne Savings Community Bank multi-year asset trail

$6M$8M$10M$12M 202220232024 $8.08M $9.98M ▲ +23.5%
Total plan assets by year, all Wayne Savings Community Bank plans on file
Year Plans Participants Total Assets
2022 3 189 $8M
2023 3 174 $7M
2024 3 205 $10M

Wayne Savings Community Bank filing trail (2022)

Total Assets (Beginning of Year)$2M
Net Assets (End of Year)$1M
Net Income-$502K
Employer EIN340606020
Plan Effective Date1963-11-01
Filing StatusFILING RECEIVED

Nearby Defined Benefit (Pension) Plans in Ohio

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

Wayne Savings Community Bank Defined Benefit Pension Plan vs. nearby Defined Benefit (Pension) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -50000500010000150002000025000 -202468 Total assets ($B) Participants Wayne Savings Commun…, Total assets ($B): 0.001233472 · Participants: 10Wayne Savings Commun…Firstenergy Corp. Ma…, Total assets ($B): 7.559275463 · Participants: 12346Firstenergy Corp. Ma…Nationwide Retiremen…, Total assets ($B): 5.017579718 · Participants: 22597Nationwide Retiremen…American Electric Po…, Total assets ($B): 4.498685298 · Participants: 15837American Electric Po…Ohio Operating Engin…, Total assets ($B): 3.394372488 · Participants: 9749Ohio Operating Engin…Laborers District Co…, Total assets ($B): 2.645337912 · Participants: 13583Laborers District Co…
Wayne Savings Community Bank Defined Benefit Pension Plan vs. nearby Defined Benefit (Pension) plans in Ohio, assets vs. participants
Compare Wayne Savings Community Bank Defined Ben… side-by-side with 3 peers →

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Wayne Savings Community Bank Defined Benefit Pension Plan by total assets, not by location.

Frequently Asked Questions

How did Wayne Savings Community Bank Defined Benefit Pension Plan assets move in 2022? ▼
Wayne Savings Community Bank Defined Benefit Pension Plan declined sharply - down 28.9% during 2022, from $2M to $1M. Reported net income was -$502K.
How have Wayne Savings Community Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Wayne Savings Community Bank's sponsor-wide assets grew 23.6%, from $8M to $10M.
Which Defined Benefit (Pension) plans are similar in size to Wayne Savings Community Bank Defined Benefit Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Ronnie Dunavant Insurance Agency in TX ($1M, 2 participants).

Next read for Wayne Savings Community Bank Defined Ben…

Multi-year trail

Ways to act on Wayne Savings Community Bank Defined Benefit Pension Plan's numbers.

  • By total assets, Wayne Savings Community Bank Defined Benefit Pension Plan ranks in the lower half of filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Ohio. Compare plans
  • Wayne Savings Community Bank's sponsor-wide assets have grown 23.6% since 2022 across 3 plan years on file. More Finance & Insurance plans

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 340606020.

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.