Defined Benefit (Pension) · DOL Form 5500 · 2022

Savings Bank of Danbury Pension Plan

Data updated 2026-08-25

$30M
Total assets Below avg plan size
49
Participants Small participant base
83rd
Percentile by assets National rank
$610,553
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Savings Bank of Danbury Trusteed Pension Plan · Sponsored by Savings Bank of Danbury · Connecticut · Finance & Insurance

$30M in assets, 49 participants

Savings Bank of Danbury's Savings Bank of Danbury Trusteed Pension Plan reported $30M in total assets and 49 participants in its 2022 DOL Form 5500 filing, ranking in the 83rd 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.

  • #6,687 in Finance & Insurance (9,261 peers)

Where Savings Bank of Danbury Trusteed Pension Plan sits by assets

Savings Bank of Danbury Trusteed Pension Plan sits in the top quartile of all filed plans by assets, $30M for 49 participants (~$610,553/participant), down 19.9% in 2022.

#6,687
in Finance & Insurance (9,261 peers)
-19.9%
assets change YoY
0.3×
vs typical plan assets (national mean)

The plan reported a net loss of $7M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Savings Bank of Danbury Trusteed Pension Plan's outsized position by total assets

Savings Bank of Danbury Trusteed Pension Plan vs every filed plan by assets

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

$29,917,106 Top 17% higher than 83% 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

Savings Bank of Danbury Trusteed Pension Plan among smaller filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Savings Bank of Danbury Trusteed Pension Plan is a small filing (49 participants) on this national headcount ladder.

Plan-year Form 5500 strip

Filing strip 863388610 · Savings Bank of Danbury PY 2022 · Defined Benefit (Pension)

Savings Bank of Danbury Trusteed Pension Plan · $30M · 49 · 83rd

  • SCH $30M
  • EBSA 49
  • PART 83rd
  • TYPE Defined Benefit (Pension)
  • NET near Technitrol, Inc. Retirement Plan
  • BOOK ind #6687

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 Connecticut →

Savings Bank of Danbury Trusteed Pension Plan in the asset neighbourhood

Retirement Plan for Bargaining Unit Employees of Warren General HospitalRetirement Plan for Bargaini…$30MNidec Retirement Plan$30MSavings Bank of Danbury Trusteed Pension PlanSavings Bank of Danbury Trus…$30MTechnitrol, Inc. Retirement PlanTechnitrol, Inc. Retirement …$30MKnauf Retirement Plan for Union EmployeesKnauf Retirement Plan for Un…$30M
End-of-year total assets ($M) among Savings Bank of Danbury Trusteed Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$37M
Net Assets (End of Year)$30M
Net Income-$7M
Employer EIN863388610
Plan Effective Date2000-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Savings Bank of Danbury)

Sponsor-wide plan assets over time

All Savings Bank of Danbury plans reported in each filing year

Latest sponsor-wide plan assets
$62M 14.784862277238405% vs 2022
2024 filing year
$50M$55M$60M$65M 202220232024 $53.9M $61.8M ▲ +14.8%
Year Plans Participants Total Assets
2022 2 217 $54M
2023 2 218 $57M
2024 2 210 $62M

Nearby Defined Benefit (Pension) Plans in Connecticut

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

Savings Bank of Danbury Trusteed Pension Plan vs. nearby Defined Benefit (Pension) plans in Connecticut, assets vs. participants Scatter plot of 6 data points. -100000100002000030000 -1001020304050 Total assets ($B) Participants Savings Bank of Danbury Trusteed Pension Plan, Total assets ($B): 0.029917106 · Participants: 49Savings Bank of Danbury Trusteed Pension PlanGE Pension Plan, Total assets ($B): 45.011810846 · Participants: 24626GE Pension PlanRaytheon Company Pension Plan for Salaried Employees, Total assets ($B): 11.559983892 · Participants: 13495Raytheon Company Pension Plan for Salaried EmployeesThe Citigroup Pension Plan, Total assets ($B): 10.501575547 · Participants: 18484The Citigroup Pension PlanEversource Pension Plan, Total assets ($B): 5.933906102 · Participants: 4126Eversource Pension PlanRetirement Plan for Employees of Aetna Inc., Total assets ($B): 5.359687499 · Participants: 11471Retirement Plan for Employees of Aetna Inc.
Savings Bank of Danbury Trusteed Pension Plan vs. nearby Defined Benefit (Pension) plans in Connecticut, assets vs. participants
Compare Savings Bank of Danbury Trusteed Pension Plan side-by-side with 3 peers →

Savings Bank of Danbury Trusteed Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Connecticut, the nearest Defined Benefit (Pension) by assets is Technitrol, Inc. Retirement Plan in CA ($30M); by covered participants it is Mott Macdonald Defined Benefit Pension Plan in NJ (49 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (49 participants); asset peers above are excluded.

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 Savings Bank of Danbury Trusteed Pension Plan assets move in 2022? ▼
Savings Bank of Danbury Trusteed Pension Plan declined sharply - down 19.9% during 2022, from $37M to $30M. Reported net income was -$7M.
How have Savings Bank of Danbury plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Savings Bank of Danbury's sponsor-wide assets grew 14.8%, from $54M to $62M.
Where does Savings Bank of Danbury Trusteed Pension Plan rank by assets among Form 5500 filers? ▼
Savings Bank of Danbury Trusteed Pension Plan ranks in the 83rd percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Savings Bank of Danbury Trusteed Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Technitrol, Inc. Retirement Plan in CA ($30M, N/A participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Savings Bank of Danbury Trusteed Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Mott Macdonald Defined Benefit Pension Plan in NJ (49 participants, $13M 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 863388610.

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.