401(k) · DOL Form 5500 · 2022
Union Savings Bank 401(k) Plan
Data updated 2026-08-06
- $57M
- Total assets
- 350
- Participants
- 89th
- Percentile by assets
- $163,758
- Avg per participant
Official DOL plan name: Union Savings Bank 401(k) Profit Sharing Plan & Trust · Sponsored by Union Savings Bank · Connecticut · Finance & Insurance
$57M in assets, 350 participants
Union Savings Bank's Union Savings Bank 401(k) Profit Sharing Plan & Trust reported $57M in total assets and 350 participants in its 2022 DOL Form 5500 filing, ranking in the 89th 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.
- 89th percentile by assets (of 139,258 plans)
- #7,641 in Finance & Insurance (9,267 peers)
Coverage in Connecticut
Union Savings Bank 401(k) Profit Sharing Plan & Trust covers 350 participants in Connecticut, about 47% of the average Connecticut filer (state average ~740 per filing). Assets: $57M.
- $57M
- total plan assets (2022 EOY)
- 350
- covered participants
- 89th
- percentile by assets (of 139,258 plans)
- $163,758
- avg assets per participant
The plan reported a net loss of $9M 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 740 participants across 1,756 plans. Union Savings Bank 401(k) Profit Sharing Plan & Trust reports 350 participants - about 47% of that state average ($57M EOY assets).
Connecticut filing particulars
| Total Assets (Beginning of Year) | $66M |
|---|---|
| Net Assets (End of Year) | $57M |
| Net Income | -$9M |
| Employer EIN | 060570800 |
| Plan Effective Date | 1990-01-01 |
| 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 401(k) Plans in Connecticut
Peer 401(k) plans, same state, same plan type, ranked by total assets.
Union Savings Bank 401(k) Profit Sharing Plan & Trust vs. nearby 401(k) plans in Connecticut, assets vs. participants
- United Technologies Corporation Employee Savings Plan $48.9B · 55,762
- GE Retirement Savings Plan $24.8B · 57,522
- Citi Retirement Savings Plan $17.4B · 70,070
- The Hartford Investment and Savings Plan $5.6B · 17,724
- Xerox Corporation Savings Plan $3.6B · 11,876
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Union Savings Bank 401(k) Profit Sharing Plan & Trust by total assets, not by location.
- Rite Aid Corporation 401(k)Plan for Collectively Bargained Associates (PA) $57M · 8,494
- Oci Americas Savings Plan (IA) $57M · 462
- Savatree, LLC (NY) $57M · 2,230
- Tmf Health Quality Institute 401(k) Retirement Savings Plan (TX) $57M · 420
Frequently Asked Questions
How did Union Savings Bank 401(k) Profit Sharing Plan & Trust assets move in 2022? ▼
How have Union Savings Bank plan assets changed over time? ▼
Where does Union Savings Bank 401(k) Profit Sharing Plan & Trust rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to Union Savings Bank 401(k) Profit Sharing Plan & Trust? ▼
Next read for Union Savings Bank 401(k) Profit Sharing…
Filing takeaways
Ways to act on Union Savings Bank 401(k) Profit Sharing Plan & Trust's numbers.
- By total assets, Union Savings Bank 401(k) Profit Sharing Plan & Trust ranks in the top quartile of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar 401(k) 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