Defined Benefit (Pension) · DOL Form 5500 · 2022
Banco Santander S.a. New York Branch Pension Plan
Data updated 2026-08-11
- $154M
- Total assets
- 314
- Participants
- 95th
- Percentile by assets
- $490,043
- Avg per participant
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.
- 95th percentile by assets (of 139,126 plans)
- #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.
- $154M
- total plan assets (2022 EOY)
- 314
- covered participants
- 95th
- percentile by assets (of 139,126 plans)
- $490,043
- 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.
Where Banco Santander USA Offices Retirement Plan sits 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
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022
Participants vs New York filers
In New York, the average filing covers about 798 participants across 9,061 plans. Banco Santander USA Offices Retirement Plan reports 314 participants - about 39% of that state average ($154M EOY assets).
New York filing particulars
| Total Assets (Beginning of Year) | $180M |
|---|---|
| Net Assets (End of Year) | $154M |
| Net Income | -$26M |
| Employer EIN | 132617929 |
| Plan Effective Date | 1981-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Banco Santander S.a. New York Branch)
| 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
- IBM Personal Pension Plan $25.5B · 16,431
- Consolidated Edison Retirement Plan $15.8B · 11,303
- Pepsico Employees Retirement Plan I $7.7B · 11,386
- New York State Nurses Association Pension Plan $5.0B · 18,592
- New York District Council of Carpenters Pension Pl $4.8B · 11,318
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Banco Santander USA Offices Retirement Plan by total assets, not by location.
Frequently Asked Questions
How did Banco Santander USA Offices Retirement Plan assets move in 2022? ▼
How have Banco Santander S.a. New York Branch plan assets changed over time? ▼
Where does Banco Santander USA Offices Retirement Plan rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to Banco Santander USA Offices Retirement Plan? ▼
Next read for Banco Santander USA Offices Retirement P…
Filing takeaways
Ways to act on Banco Santander USA Offices Retirement Plan's numbers.
- By total assets, Banco Santander USA Offices Retirement Plan ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in New York. Compare plans
- Banco Santander S.a. New York Branch's sponsor-wide assets have declined 19.9% since 2022 across 3 plan years on file. More Finance & Insurance plans