401(k) · DOL Form 5500 · 2022

Chelsea Groton Bank 401(k) Plan

Data updated 2026-08-25

$33M
Total assets Below avg plan size
207
Participants Below avg headcount
84th
Percentile by assets National rank
$161,831
Avg per participant Above avg balance/head
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Official DOL plan name: Chelsea Groton Bank Savings Plan · Sponsored by Chelsea Groton Bank · Connecticut · Finance & Insurance

$33M in assets, 207 participants

Chelsea Groton Bank's Chelsea Groton Bank Savings Plan reported $33M in total assets and 207 participants in its 2022 DOL Form 5500 filing, ranking in the 84th 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.

  • #6,873 in Finance & Insurance (9,261 peers)

Coverage in Connecticut

Chelsea Groton Bank Savings Plan covers 207 participants in Connecticut, about 29% of the average Connecticut filer (state average ~718 per filing). Assets: $33M.

#6,873
in Finance & Insurance (9,261 peers)
-14.8%
assets change YoY
0.3×
vs typical plan assets (national mean)

The plan reported a net loss of $6M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Chelsea Groton Bank Savings Plan's outsized position by total assets

Chelsea Groton Bank Savings Plan vs every filed plan by assets

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

$33,498,998 Top 16% higher than 84% 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

Chelsea Groton Bank 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. Chelsea Groton Bank Savings Plan sits mid-pack in the medium band (207 participants).

EBSA filing schedule strip

Filing strip 060376640 · Chelsea Groton Bank PY 2022 · 401(k)

Chelsea Groton Bank Savings Plan · $33M · 207 · 84th

  • 5500 $33M
  • 5500 207
  • 5500 84th
  • 5500 401(k)
  • 5500 near Modern Group Ltd. Employee Savings Plan
  • 5500 ind #6873

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 →

Chelsea Groton Bank Savings Plan in the asset neighbourhood

Chelsea Groton Bank Savings PlanChelsea Groton Bank Savings …$33MModern Group Ltd. Employee Savings PlanModern Group Ltd. Employee S…$34MThetford LLC 401(k) Profit Sharing PlanThetford LLC 401(k) Profit S…$33MAmerican College of Physicians, Inc. Defined Contribution Retirement Plan aAmerican College of Physicia…$33MPremistar 401(k) Plan$33M
End-of-year total assets ($M) among Chelsea Groton Bank Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Connecticut filing particulars

Total Assets (Beginning of Year)$39M
Net Assets (End of Year)$33M
Net Income-$6M
Employer EIN060376640
Plan Effective Date1991-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Chelsea Groton Bank)

Sponsor-wide plan assets over time

All Chelsea Groton Bank plans reported in each filing year

Latest sponsor-wide plan assets
$44M 30.128283239994225% vs 2022
2024 filing year
$30M$35M$40M$45M 202220232024 $33.5M $43.6M ▲ +30.1%
Year Plans Participants Total Assets
2022 1 207 $33M
2023 1 203 $40M
2024 1 224 $44M

Nearby 401(k) Plans in Connecticut

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

Chelsea Groton Bank Savings Plan vs. nearby 401(k) plans in Connecticut, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -200204060 Total assets ($B) Participants Chelsea Groton Bank Savings Plan, Total assets ($B): 0.033498998 · Participants: 207Chelsea Groton Bank 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
Chelsea Groton Bank Savings Plan vs. nearby 401(k) plans in Connecticut, assets vs. participants
Compare Chelsea Groton Bank Savings Plan side-by-side with 3 peers →

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

Outside Connecticut, the nearest 401(k) by assets is Modern Group Ltd. Employee Savings Plan in PA ($34M); by covered participants it is Builders Source, Inc. 401(k) Plan in NM (207 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (207 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 Chelsea Groton Bank Savings Plan assets move in 2022? ▼
Chelsea Groton Bank Savings Plan pulled back noticeably - down 14.8% during 2022, from $39M to $33M. Reported net income was -$6M.
How have Chelsea Groton Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Chelsea Groton Bank's sponsor-wide assets grew 30.1%, from $33M to $44M.
Where does Chelsea Groton Bank Savings Plan rank by assets among Form 5500 filers? ▼
Chelsea Groton Bank Savings Plan ranks in the 84th 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 Chelsea Groton Bank Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Modern Group Ltd. Employee Savings Plan in PA ($34M, 238 participants).
Which 401(k) plans cover a similar participant headcount to Chelsea Groton Bank Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Builders Source, Inc. 401(k) Plan in NM (207 participants, $1K in assets).

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 060376640.

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.