Defined Benefit (Pension) · DOL Form 5500 · 2022

Savings Bank of Danbury Pension Plan

Data updated 2026-08-11

$30M
Total assets
49
Participants
83rd
Percentile by assets
$610,553
Avg per participant
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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.

  • 83rd percentile by assets (of 139,126 plans)
  • #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.

$30M
total plan assets (2022 EOY)
49
covered participants
83rd
percentile by assets (of 139,126 plans)
$610,553
avg assets per participant

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.

Where Savings Bank of Danbury Trusteed Pension Plan sits 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 $2,010,000,000 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

Savings Bank of Danbury Trusteed Pension Plan vs the 2022 asset distribution

By assets, Savings Bank of Danbury Trusteed Pension Plan outranks 83% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 0.3x the national average plan size of $100M (721 average participants).

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)

$50M$55M$60M$65M 202220232024 $53.9M $61.8M ▲ +14.8%
Total plan assets by year, all Savings Bank of Danbury plans on file
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 ($B) Participants Savings Bank of Danb…, Total assets ($B): 0.029917106 · Participants: 49Savings Bank of Danb…GE Pension Plan, Total assets ($B): 45.011810846 · Participants: 24626GE Pension PlanRaytheon Company Pen…, Total assets ($B): 11.559983892 · Participants: 13495Raytheon Company Pen…The Citigroup Pensio…, Total assets ($B): 10.501575547 · Participants: 18484The Citigroup Pensio…Eversource Pension P…, Total assets ($B): 5.933906102 · Participants: 4126Eversource Pension P…Retirement Plan for …, Total assets ($B): 5.359687499 · Participants: 11471Retirement Plan for …
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… side-by-side with 3 peers →

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Savings Bank of Danbury Trusteed Pension Plan by total assets, not by location.

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).

Next read for Savings Bank of Danbury Trusteed Pension…

Scale reading

Ways to act on Savings Bank of Danbury Trusteed Pension Plan's numbers.

  • By total assets, Savings Bank of Danbury Trusteed Pension Plan ranks in the top quartile of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Connecticut. Compare plans
  • Savings Bank of Danbury's sponsor-wide assets have grown 14.8% since 2022 across 3 plan years on file. More Finance & Insurance plans

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.