401(k) · DOL Form 5500 · 2022

Liberty Bank 401(k) Plan

Data updated 2026-08-11

$84M
Total assets
650
Participants
92nd
Percentile by assets
$129,192
Avg per participant
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Official DOL plan name: Liberty Bank 401(k) Plan · Sponsored by Liberty Bank · Connecticut · Finance & Insurance

$84M in assets, 650 participants

Liberty Bank's Liberty Bank 401(k) Plan reported $84M in total assets and 650 participants in its 2022 DOL Form 5500 filing, ranking in the 92nd 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.

  • 92nd percentile by assets (of 139,126 plans)
  • #8,037 in Finance & Insurance (9,261 peers)

Where Liberty Bank 401(k) Plan sits by assets

Liberty Bank 401(k) Plan sits in the top 10% of all filed plans by assets, $84M for 650 participants (~$129,192/participant), down 16.7% in 2022.

$84M
total plan assets (2022 EOY)
650
covered participants
92nd
percentile by assets (of 139,126 plans)
$129,192
avg assets per participant

The plan reported a net loss of $17M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Where Liberty Bank 401(k) Plan sits by total assets

Liberty Bank 401(k) Plan vs every filed plan by assets

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

$83,975,119 Top 8% higher than 92% of 139,123 filed plans

This plan $0 $2,010,000,000 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

State
Connecticut
Industry
Finance & Insurance

Liberty Bank 401(k) Plan vs the 2022 asset distribution

By assets, Liberty Bank 401(k) Plan outranks 92% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 0.8x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$101M
Net Assets (End of Year)$84M
Net Income-$17M
Employer EIN060452570
Plan Effective Date1985-02-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Liberty Bank)

$200M$220M$240M$260M$280M$300M 202220232024 $216M $275M ▲ +27.6%
Total plan assets by year, all Liberty Bank plans on file
Year Plans Participants Total Assets
2022 2 1,207 $216M
2023 2 1,280 $251M
2024 2 1,436 $275M

Nearby 401(k) Plans in Connecticut

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Liberty Bank 401(k) Plan vs. nearby 401(k) plans in Connecticut, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -200204060 Total assets ($B) Participants Liberty Bank 401(k) …, Total assets ($B): 0.083975119 · Participants: 650Liberty Bank 401(k) …United Technologies …, Total assets ($B): 48.916975 · Participants: 55762United Technologies …GE Retirement Saving…, Total assets ($B): 24.786830027 · Participants: 57522GE Retirement Saving…Citi Retirement Savi…, Total assets ($B): 17.438946034 · Participants: 70070Citi Retirement Savi…The Hartford Investm…, Total assets ($B): 5.615003 · Participants: 17724The Hartford Investm…Xerox Corporation Sa…, Total assets ($B): 3.641347 · Participants: 11876Xerox Corporation Sa…
Liberty Bank 401(k) Plan vs. nearby 401(k) plans in Connecticut, assets vs. participants
Compare Liberty Bank 401(k) Plan side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Liberty Bank 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Liberty Bank 401(k) Plan assets move in 2022? ▼
Liberty Bank 401(k) Plan declined sharply - down 16.7% during 2022, from $101M to $84M. Reported net income was -$17M.
How have Liberty Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Liberty Bank's sponsor-wide assets grew 27.6%, from $216M to $275M.
Where does Liberty Bank 401(k) Plan rank by assets among Form 5500 filers? ▼
Liberty Bank 401(k) Plan ranks in the 92nd percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Liberty Bank 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is San Diego County Credit Union Employees Salary Savings Plan in CA ($84M, 795 participants).

Next read for Liberty Bank 401(k) Plan

Scale reading

Ways to act on Liberty Bank 401(k) Plan's numbers.

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 060452570.

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.