401(k) · DOL Form 5500 · 2022

Trustco Bank 401(k) Plan

Data updated 2026-08-25

$39M
Total assets Below avg plan size
849
Participants Near avg headcount
86th
Percentile by assets National rank
$46,466
Avg per participant Low balance/head
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Official DOL plan name: Trustco Bank Profit Sharing/401(k) Plan · Sponsored by Trustco Bank · New York · Finance & Insurance

$39M in assets, 849 participants

Trustco Bank's Trustco Bank Profit Sharing/401(k) Plan reported $39M in total assets and 849 participants in its 2022 DOL Form 5500 filing, ranking in the 86th 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.

  • #7,170 in Finance & Insurance (9,261 peers)

Where Trustco Bank Profit Sharing/401(k) Plan sits by assets

Trustco Bank Profit Sharing/401(k) Plan sits in the top quartile of all filed plans by assets, $39M for 849 participants (~$46,466/participant), down 12.5% in 2022.

#7,170
in Finance & Insurance (9,261 peers)
-12.5%
assets change YoY
0.4×
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.

Trustco Bank Profit Sharing/401(k) Plan's outsized position by total assets

Trustco Bank Profit Sharing/401(k) Plan vs every filed plan by assets

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

$39,449,799 Top 14% higher than 86% 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

Trustco Bank Profit Sharing/401(k) 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. Trustco Bank Profit Sharing/401(k) Plan sits mid-pack in the medium band (849 participants).

DOL schedule card

Filing strip 140578631 · Trustco Bank PY 2022 · 401(k)

Trustco Bank Profit Sharing/401(k) Plan · $39M · 849 · 86th

  • NET $39M
  • BOOK 849
  • VS-ST 86th
  • BOY 401(k)
  • SCH near Fred's, Inc. Salary Reduction Profit Sharing Plan
  • EBSA ind #7170

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 New York →

Trustco Bank Profit Sharing/401(k) Plan in the asset neighbourhood

Trustco Bank Profit Sharing/401(k) PlanTrustco Bank Profit Sharing/…$39MFred's, Inc. Salary Reduction Profit Sharing PlanFred's, Inc. Salary Reductio…$39MNlogic, Inc. 401(k) Retirement PlanNlogic, Inc. 401(k) Retireme…$39MKomline-Sanderson 401(k) Plan$39MWirtz Corporation 401(k) Profit Sharing PlanWirtz Corporation 401(k) Pro…$39M
End-of-year total assets ($M) among Trustco Bank Profit Sharing/401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$45M
Net Assets (End of Year)$39M
Net Income-$6M
Employer EIN140578631
Plan Effective Date1971-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Trustco Bank)

Sponsor-wide plan assets over time

All Trustco Bank plans reported in each filing year

Latest sponsor-wide plan assets
$118M 27.776694261434393% vs 2022
2024 filing year
$80M$90M$100M$110M$120M$130M 202220232024 $92.1M $118M ▲ +27.8%
Year Plans Participants Total Assets
2022 2 902 $92M
2023 2 872 $104M
2024 2 857 $118M

Nearby 401(k) Plans in New York

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

Trustco Bank Profit Sharing/401(k) Plan vs. nearby 401(k) plans in New York, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -200204060 Total assets ($B) Participants Trustco Bank Profit Sharing/401(k) Plan, Total assets ($B): 0.039449799 · Participants: 849Trustco Bank Profit Sharing/401(k) PlanIBM 401 (K) Plus Plan, Total assets ($B): 53.363875208 · Participants: 56376IBM 401 (K) Plus PlanMorgan Stanley 401(k) Plan, Total assets ($B): 16.415517176 · Participants: 42924Morgan Stanley 401(k) PlanThe Pepsico Savings Plan, Total assets ($B): 12.067222 · Participants: 129846The Pepsico Savings PlanDeloitte 401(k) Plan, Total assets ($B): 10.966899716 · Participants: 74687Deloitte 401(k) PlanThe Goldman Sachs 401(k) Plan, Total assets ($B): 9.681988279 · Participants: 22650The Goldman Sachs 401(k) Plan
Trustco Bank Profit Sharing/401(k) Plan vs. nearby 401(k) plans in New York, assets vs. participants
Compare Trustco Bank Profit Sharing/401(k) Plan side-by-side with 3 peers →

Trustco Bank Profit Sharing/401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside New York, the nearest 401(k) by assets is Fred's, Inc. Salary Reduction Profit Sharing Plan in TN ($39M); by covered participants it is Russ Darrow Group, Inc. 401(k) Savings Plan in WI (849 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($39M here).

Similar participant headcount

Nearest other-state filings by covered participants (849 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 Trustco Bank Profit Sharing/401(k) Plan assets move in 2022? ▼
Trustco Bank Profit Sharing/401(k) Plan pulled back noticeably - down 12.5% during 2022, from $45M to $39M. Reported net income was -$6M.
How have Trustco Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Trustco Bank's sponsor-wide assets grew 27.8%, from $92M to $118M.
Where does Trustco Bank Profit Sharing/401(k) Plan rank by assets among Form 5500 filers? ▼
Trustco Bank Profit Sharing/401(k) Plan ranks in the 86th 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 Trustco Bank Profit Sharing/401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Fred's, Inc. Salary Reduction Profit Sharing Plan in TN ($39M, 6,046 participants).
Which 401(k) plans cover a similar participant headcount to Trustco Bank Profit Sharing/401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Russ Darrow Group, Inc. 401(k) Savings Plan in WI (849 participants, $27M 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 140578631.

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.