401(k) · DOL Form 5500 · 2022
Webster Bank, N.a. 401(k) Plan
Data updated 2026-08-06
- $576M
- Total assets
- 2,854
- Participants
- 98th
- Percentile by assets
- $201,656
- Avg per participant
Official DOL plan name: Webster Bank Retirement Savings Plan · Sponsored by Webster Bank, N.a. · New York · Finance & Insurance
$576M in assets, 2,854 participants
Webster Bank, N.a.'s Webster Bank Retirement Savings Plan reported $576M in total assets and 2,854 participants in its 2022 DOL Form 5500 filing, ranking in the 98th 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.
- 98th percentile by assets (of 139,258 plans)
- #8,947 in Finance & Insurance (9,267 peers)
Coverage in New York
Webster Bank Retirement Savings Plan covers 2,854 participants in New York, 3.6x the typical New York plan (state average ~795 per filing). Assets: $576M.
- $576M
- total plan assets (2022 EOY)
- 2,854
- covered participants
- 98th
- percentile by assets (of 139,258 plans)
- $201,656
- avg assets per participant
The plan reported a net loss of $143M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Participants vs New York filers
In New York, the average filing covers about 795 participants across 8,491 plans. Webster Bank Retirement Savings Plan reports 2,854 participants - 3.6x that state average ($576M EOY assets).
New York filing particulars
| Total Assets (Beginning of Year) | $719M |
|---|---|
| Net Assets (End of Year) | $576M |
| Net Income | -$143M |
| Employer EIN | 060273620 |
| Plan Effective Date | 1984-10-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Webster Bank, N.a.)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 3 | 4,986 | $1.1B |
| 2023 | 3 | 4,736 | $1.2B |
| 2024 | 2 | 3,774 | $1.3B |
Nearby 401(k) Plans in New York
Peer 401(k) plans, same state, same plan type, ranked by total assets.
Webster Bank Retirement Savings Plan vs. nearby 401(k) plans in New York, assets vs. participants
- IBM 401 (K) Plus Plan $53.4B · 56,376
- Morgan Stanley 401(k) Plan $16.4B · 42,924
- The Pepsico Savings Plan $12.1B · 129,846
- Deloitte 401(k) Plan $11.0B · 74,687
- The Goldman Sachs 401(k) Plan $9.7B · 22,650
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Webster Bank Retirement Savings Plan by total assets, not by location.
- Panduit 401(k) and Profit Sharing Plan (IL) $576M · 1,530
- Wintrust Financial Corp. Retirement Savings Plan (IL) $575M · 5,188
- Block 401(k) Plan (CA) $575M · 7,210
- Calpine Corporation Retirement Savings Plan (TX) $576M · 2,105
Frequently Asked Questions
How did Webster Bank Retirement Savings Plan assets move in 2022? ▼
How have Webster Bank, N.a. plan assets changed over time? ▼
Where does Webster Bank Retirement Savings Plan rank by assets among Form 5500 filers? ▼
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Next read for Webster Bank Retirement Savings Plan
Filing takeaways
Ways to act on Webster Bank Retirement Savings Plan's numbers.
- By total assets, Webster Bank Retirement Savings Plan ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in New York. Compare plans
- Webster Bank, N.a.'s sponsor-wide assets have grown 18.9% since 2022 across 3 plan years on file. More Finance & Insurance plans