Defined Benefit (Pension) · DOL Form 5500 · 2022

Trustco Bank Pension Plan

Data updated 2026-08-25

$53M
Total assets Below avg plan size
53
Participants Small participant base
88th
Percentile by assets National rank
$993,832
Avg per participant High balance/head
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Official DOL plan name: Retirement Plan of Trustco Bank · Sponsored by Trustco Bank · New York · Finance & Insurance

$53M in assets, 53 participants

Trustco Bank's Retirement Plan of Trustco Bank reported $53M in total assets and 53 participants in its 2022 DOL Form 5500 filing, ranking in the 88th 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.

  • #7,535 in Finance & Insurance (9,261 peers)

Where Retirement Plan of Trustco Bank sits by assets

Retirement Plan of Trustco Bank sits in the top quartile of all filed plans by assets, $53M for 53 participants (~$993,832/participant), down 16.5% in 2022.

#7,535
in Finance & Insurance (9,261 peers)
-16.5%
assets change YoY
0.5×
vs typical plan assets (national mean)

The plan reported a net loss of $10M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Retirement Plan of Trustco Bank's outsized position by total assets

Retirement Plan of Trustco Bank vs every filed plan by assets

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

$52,673,100 Top 12% higher than 88% 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

Retirement Plan of Trustco Bank among smaller filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Retirement Plan of Trustco Bank is a small filing (53 participants) on this national headcount ladder.

Plan-year Form 5500 strip

Filing strip 140578631 · Trustco Bank PY 2022 · Defined Benefit (Pension)

Retirement Plan of Trustco Bank · $53M · 53 · 88th

  • RANK $53M
  • PHOTO 53
  • IND 88th
  • EOY Defined Benefit (Pension)
  • 5500 near Y-12 Federal Credit Union Cash Balance Retirement Pension Plan
  • ASSETS ind #7535

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 →

Retirement Plan of Trustco Bank in the asset neighbourhood

Plumbers & Pipefitters Local 123 Pension FundPlumbers & Pipefitters Local…$53MY-12 Federal Credit Union Cash Balance Retirement Pension PlanY-12 Federal Credit Union Ca…$53MRetirement Plan of Trustco BankRetirement Plan of Trustco B…$53MPatriot Federal Credit Union Retirement Pension PlanPatriot Federal Credit Union…$53MLaborers of Delaware Local Union No. 199 Pension PlanLaborers of Delaware Local U…$53M
End-of-year total assets ($M) among Retirement Plan of Trustco Bank and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$63M
Net Assets (End of Year)$53M
Net Income-$10M
Employer EIN140578631
Plan Effective Date1953-06-01
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 Defined Benefit (Pension) Plans in New York

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

Retirement Plan of Trustco Bank vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants Scatter plot of 6 data points. -500005000100001500020000 -100102030 Total assets ($B) Participants Retirement Plan of Trustco Bank, Total assets ($B): 0.0526731 · Participants: 53Retirement Plan of Trustco BankIBM Personal Pension Plan, Total assets ($B): 25.511753238 · Participants: 16431IBM Personal Pension PlanConsolidated Edison Retirement Plan, Total assets ($B): 15.815266303 · Participants: 11303Consolidated Edison Retirement PlanPepsico Employees Retirement Plan I, Total assets ($B): 7.656963 · Participants: 11386Pepsico Employees Retirement Plan INew York State Nurses Association Pension Plan, Total assets ($B): 5.019503014 · Participants: 18592New York State Nurses Association Pension PlanNew York District Council of Carpenters Pension Pl, Total assets ($B): 4.837058087 · Participants: 11318New York District Council of Carpenters Pension Pl
Retirement Plan of Trustco Bank vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants
Compare Retirement Plan of Trustco Bank side-by-side with 3 peers →

Retirement Plan of Trustco Bank's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside New York, the nearest Defined Benefit (Pension) by assets is Y-12 Federal Credit Union Cash Balance Retirement Pension Plan in TN ($53M); by covered participants it is Retirement Program Plan for Employees of United States Enrichment Corporation in MD (53 participants). Same-state nearby plans are listed separately above.

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 Retirement Plan of Trustco Bank assets move in 2022? ▼
Retirement Plan of Trustco Bank declined sharply - down 16.5% during 2022, from $63M to $53M. Reported net income was -$10M.
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 Retirement Plan of Trustco Bank rank by assets among Form 5500 filers? ▼
Retirement Plan of Trustco Bank ranks in the 88th 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 Defined Benefit (Pension) plans are similar in size to Retirement Plan of Trustco Bank? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Y-12 Federal Credit Union Cash Balance Retirement Pension Plan in TN ($53M, 293 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Retirement Plan of Trustco Bank? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Retirement Program Plan for Employees of United States Enrichment Corporation in MD (53 participants, $457M 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.