Defined Benefit (Pension) · DOL Form 5500 · 2022
Union Savings Bank Pension Plan
Data updated 2026-08-11
- $106M
- Total assets
- 330
- Participants
- 93rd
- Percentile by assets
- $321,585
- Avg per participant
Official DOL plan name: Union Savings Bank Retirement Plan · Sponsored by Union Savings Bank · Connecticut · Finance & Insurance
$106M in assets, 330 participants
Union Savings Bank's Union Savings Bank Retirement Plan reported $106M in total assets and 330 participants in its 2022 DOL Form 5500 filing, ranking in the 93rd 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.
- 93rd percentile by assets (of 139,126 plans)
- #8,232 in Finance & Insurance (9,261 peers)
Coverage in Connecticut
Union Savings Bank Retirement Plan covers 330 participants in Connecticut, about 46% of the average Connecticut filer (state average ~718 per filing). Assets: $106M.
- $106M
- total plan assets (2022 EOY)
- 330
- covered participants
- 93rd
- percentile by assets (of 139,126 plans)
- $321,585
- avg assets per participant
The plan reported a net loss of $26M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Participants vs Connecticut filers
In Connecticut, the average filing covers about 718 participants across 1,906 plans. Union Savings Bank Retirement Plan reports 330 participants - about 46% of that state average ($106M EOY assets).
Connecticut filing particulars
| Total Assets (Beginning of Year) | $132M |
|---|---|
| Net Assets (End of Year) | $106M |
| Net Income | -$26M |
| Employer EIN | 060570800 |
| Plan Effective Date | 1947-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Union Savings Bank)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 680 | $163M |
| 2023 | 2 | 659 | $183M |
| 2024 | 2 | 675 | $191M |
Nearby Defined Benefit (Pension) Plans in Connecticut
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
Union Savings Bank Retirement Plan vs. nearby Defined Benefit (Pension) plans in Connecticut, assets vs. participants
- GE Pension Plan $45.0B · 24,626
- Raytheon Company Pension Plan for Salaried Employees $11.6B · 13,495
- The Citigroup Pension Plan $10.5B · 18,484
- Eversource Pension Plan $5.9B · 4,126
- Retirement Plan for Employees of Aetna Inc. $5.4B · 11,471
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Union Savings Bank Retirement Plan by total assets, not by location.
Frequently Asked Questions
How did Union Savings Bank Retirement Plan assets move in 2022? ▼
How have Union Savings Bank plan assets changed over time? ▼
Where does Union Savings Bank Retirement Plan rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to Union Savings Bank Retirement Plan? ▼
Next read for Union Savings Bank Retirement Plan
Filing takeaways
Ways to act on Union Savings Bank Retirement Plan's numbers.
- By total assets, Union Savings Bank Retirement Plan ranks in the top 10% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Connecticut. Compare plans
- Union Savings Bank's sponsor-wide assets have grown 17.2% since 2022 across 3 plan years on file. More Finance & Insurance plans