401(k) · DOL Form 5500 · 2022

The Guilford Savings Bank 401(k) Plan

Data updated 2026-08-25

$16M
Total assets Small plan by assets
140
Participants Small participant base
74th
Percentile by assets National rank
$117,156
Avg per participant Below avg balance/head
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Official DOL plan name: The Guilford Savings Bank 401(k) Profit Sharing Plan · Sponsored by The Guilford Savings Bank · Connecticut · Finance & Insurance

$16M in assets, 140 participants

The Guilford Savings Bank's The Guilford Savings Bank 401(k) Profit Sharing Plan reported $16M in total assets and 140 participants in its 2022 DOL Form 5500 filing, ranking in the 74th 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.

  • #5,513 in Finance & Insurance (9,261 peers)

Coverage in Connecticut

The Guilford Savings Bank 401(k) Profit Sharing Plan covers 140 participants in Connecticut, about 20% of the average Connecticut filer (state average ~718 per filing). Assets: $16M.

#5,513
in Finance & Insurance (9,261 peers)
-11.0%
assets change YoY

The plan reported a net loss of $2M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

The Guilford Savings Bank 401(k) Profit Sharing Plan's outsized position by total assets

The Guilford Savings Bank 401(k) Profit Sharing Plan vs every filed plan by assets

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

$16,401,905 Top 26% higher than 74% 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

The Guilford Savings Bank 401(k) Profit Sharing 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. The Guilford Savings Bank 401(k) Profit Sharing Plan sits mid-pack in the medium band (140 participants).

Plan-year Form 5500 strip

Filing strip 060377390 · The Guilford Savings Bank PY 2022 · 401(k)

The Guilford Savings Bank 401(k) Profit Sharing Plan · $16M · 140 · 74th

  • PHOTO $16M
  • IND 140
  • EOY 74th
  • 5500 401(k)
  • ASSETS near Texas Research International, Inc. 401(k) Plan
  • PCT ind #5513

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 →

The Guilford Savings Bank 401(k) Profit Sharing Plan in the asset neighbourhood

The Guilford Savings Bank 401(k) Profit Sharing PlanThe Guilford Savings Bank 40…$16MTexas Research International, Inc. 401(k) PlanTexas Research International…$16MCelebrity Motor Cars LLC 401(k) PlanCelebrity Motor Cars LLC 401…$16MThe Office of the Chapter 13 Trustee 401(k) & Profit Sharing PlanThe Office of the Chapter 13…$16MI.a.T.S.E. Local Union No. 51 Defined Contribution Pension PlanI.a.T.S.E. Local Union No. 5…$16M
End-of-year total assets ($M) among The Guilford Savings Bank 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Connecticut filing particulars

Total Assets (Beginning of Year)$18M
Net Assets (End of Year)$16M
Net Income-$2M
Employer EIN060377390
Plan Effective Date2011-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (The Guilford Savings Bank)

Sponsor-wide plan assets over time

All The Guilford Savings Bank plans reported in each filing year

Latest sponsor-wide plan assets
$27M 30.152129491943917% vs 2022
2024 filing year
$20M$22M$24M$26M$28M$30M 202220232024 $21.1M $27.5M ▲ +30.2%
Year Plans Participants Total Assets
2022 2 140 $21M
2023 2 136 $24M
2024 2 155 $27M

Nearby 401(k) Plans in Connecticut

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

The Guilford Savings Bank 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Connecticut, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -200204060 Total assets ($B) Participants The Guilford Savings Bank 401(k) Profit Sharing Plan, Total assets ($B): 0.016401905 · Participants: 140The Guilford Savings Bank 401(k) Profit Sharing 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
The Guilford Savings Bank 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Connecticut, assets vs. participants
Compare The Guilford Savings Bank 401(k) Profit Sharing Plan side-by-side with 3 peers →

The Guilford Savings Bank 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Connecticut, the nearest 401(k) by assets is Texas Research International, Inc. 401(k) Plan in TX ($16M); by covered participants it is Dot Leasing Inc 401(k) Profit Sharing Plan & Trust in TX (140 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (140 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 The Guilford Savings Bank 401(k) Profit Sharing Plan assets move in 2022? ▼
The Guilford Savings Bank 401(k) Profit Sharing Plan pulled back noticeably - down 11.0% during 2022, from $18M to $16M. Reported net income was -$2M.
How have The Guilford Savings Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), The Guilford Savings Bank's sponsor-wide assets grew 30.2%, from $21M to $27M.
Which 401(k) plans are similar in size to The Guilford Savings Bank 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Texas Research International, Inc. 401(k) Plan in TX ($16M, 124 participants).
Which 401(k) plans cover a similar participant headcount to The Guilford Savings Bank 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Dot Leasing Inc 401(k) Profit Sharing Plan & Trust in TX (140 participants, $584K 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 060377390.

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.