Defined Benefit (Pension) · DOL Form 5500 · 2022

Banco Santander S.a. New York Branch Pension Plan

Data updated 2026-08-25

$154M
Total assets Near avg plan size
314
Participants Below avg headcount
95th
Percentile by assets National rank
$490,043
Avg per participant High balance/head
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Official DOL plan name: Banco Santander USA Offices Retirement Plan · Sponsored by Banco Santander S.a. New York Branch · New York · Finance & Insurance

$154M in assets, 314 participants

Banco Santander S.a. New York Branch's Banco Santander USA Offices Retirement Plan reported $154M in total assets and 314 participants in its 2022 DOL Form 5500 filing, ranking in the 95th 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.

  • #8,445 in Finance & Insurance (9,261 peers)

Coverage in New York

Banco Santander USA Offices Retirement Plan covers 314 participants in New York, about 39% of the average New York filer (state average ~798 per filing). Assets: $154M.

#8,445
in Finance & Insurance (9,261 peers)
-14.4%
assets change YoY
1.5×
vs typical plan assets (national mean)

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.

Banco Santander USA Offices Retirement Plan's outsized position by total assets

Banco Santander USA Offices Retirement Plan vs every filed plan by assets

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

$153,873,588 Top 5% higher than 95% 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

Banco Santander USA Offices Retirement 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. Banco Santander USA Offices Retirement Plan sits mid-pack in the medium band (314 participants).

Published 5500 schedule card

Filing strip 132617929 · Banco Santander S.a. New York Branch PY 2022 · Defined Benefit (Pension)

Banco Santander USA Offices Retirement Plan · $154M · 314 · 95th

  • PCT $154M
  • EIN 314
  • RANK 95th
  • PHOTO Defined Benefit (Pension)
  • IND near Associated Wholesale Grocers, Inc. Restated Retirement Plan
  • EOY ind #8445

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 →

Banco Santander USA Offices Retirement Plan in the asset neighbourhood

Constellium Rolled Products-Ravenswood LLC Hourly Employees Retirement PlanConstellium Rolled Products-…$154MQbe Pension Equity Plan$154MBanco Santander USA Offices Retirement PlanBanco Santander USA Offices …$154MAssociated Wholesale Grocers, Inc. Restated Retirement PlanAssociated Wholesale Grocers…$154MCapital Blue Cross Retirement PlanCapital Blue Cross Retiremen…$154M
End-of-year total assets ($M) among Banco Santander USA Offices Retirement Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

New York filing particulars

Total Assets (Beginning of Year)$180M
Net Assets (End of Year)$154M
Net Income-$26M
Employer EIN132617929
Plan Effective Date1981-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Banco Santander S.a. New York Branch)

Sponsor-wide plan assets over time

All Banco Santander S.a. New York Branch plans reported in each filing year

Latest sponsor-wide plan assets
$123M 19.885527722925392% vs 2022
2024 filing year
$100M$120M$140M$160M$180M 202220232024 $154M $123M ▼ -19.9%
Year Plans Participants Total Assets
2022 1 314 $154M
2023 1 297 $162M
2024 1 282 $123M

Nearby Defined Benefit (Pension) Plans in New York

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

Banco Santander USA Offices Retirement Plan vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants Scatter plot of 6 data points. -500005000100001500020000 -100102030 Total assets ($B) Participants Banco Santander USA Offices Retirement Plan, Total assets ($B): 0.153873588 · Participants: 314Banco Santander USA Offices Retirement PlanIBM 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
Banco Santander USA Offices Retirement Plan vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants
Compare Banco Santander USA Offices Retirement Plan side-by-side with 3 peers →

Banco Santander USA Offices Retirement Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside New York, the nearest Defined Benefit (Pension) by assets is Associated Wholesale Grocers, Inc. Restated Retirement Plan in KS ($154M); by covered participants it is Ithink Financial Credit Union Cash Balance Defined Benefit Plan and Trust in FL (314 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 Banco Santander USA Offices Retirement Plan assets move in 2022? ▼
Banco Santander USA Offices Retirement Plan pulled back noticeably - down 14.4% during 2022, from $180M to $154M. Reported net income was -$26M.
How have Banco Santander S.a. New York Branch plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Banco Santander S.a. New York Branch's sponsor-wide assets declined 19.9%, from $154M to $123M.
Where does Banco Santander USA Offices Retirement Plan rank by assets among Form 5500 filers? ▼
Banco Santander USA Offices Retirement Plan ranks in the 95th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Banco Santander USA Offices Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Associated Wholesale Grocers, Inc. Restated Retirement Plan in KS ($154M, 565 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Banco Santander USA Offices Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Ithink Financial Credit Union Cash Balance Defined Benefit Plan and Trust in FL (314 participants, $46M 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 132617929.

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.