Defined Benefit (Pension)
2022 plan-year Defined Benefit (Pension) DOL Form 5500

Retirement Plan for Employees of Emigrant Bank

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by Emigrant Bank · Florida · Finance & Insurance

What the 2023 filing shows

Retirement Plan for Employees of Emigrant Bank holds $157M for 454 participants — about $344,737 per participant, down 4.8% over the 2022 plan year.

$157M
total plan assets (2022 EOY)
454
covered participants
$344,737
avg assets per participant
-4.8%
assets change YoY

The plan reported a net loss of $8M for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$157M
Participants
454
State
Industry
Finance & Insurance

What the Filing Says About Retirement Plan for Employees of Emigrant Bank

Retirement Plan for Employees of Emigrant Bank is a Defined Benefit (Pension) retirement plan sponsored by Emigrant Bank, headquartered in Florida. As of the 2022 Form 5500 filing, the plan reports $157M in total end-of-year assets and covers 454 participants across the Finance & Insurance industry. The sponsor's EIN on file with the U.S. Department of Labor is 651128000, and the plan has been effective since 1952-06-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $164M at the beginning of 2022 to $157M at year-end — a decline of 4.8%. Net assets (after liabilities) closed the year at $157M, with reported net income of $-7,906,612 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$164M
Total Assets (End of Year)$157M
Net Assets (End of Year)$157M
Net Income$-7,906,612
Plan TypeDefined Benefit (Pension)
Employer EIN651128000
Plan Effective Date1952-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Emigrant Bank)

Year Plans Participants Total Assets
2022 1 454 $157M
2023 1 480 $148M
2024 1 489 $162M

Nearby Defined Benefit (Pension) Plans in Florida

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

Frequently Asked Questions

How much money is in the Retirement Plan for Employees of Emigrant Bank?
As of the 2022 Form 5500 filing, Retirement Plan for Employees of Emigrant Bank holds $157M in total assets with 454 participants. It is sponsored by Emigrant Bank.
What type of plan is Retirement Plan for Employees of Emigrant Bank?
Retirement Plan for Employees of Emigrant Bank is a Defined Benefit (Pension) plan. It has been effective since 1952-06-01. The plan is filed with the U.S. Department of Labor under EIN 651128000.
Who sponsors the Retirement Plan for Employees of Emigrant Bank?
Retirement Plan for Employees of Emigrant Bank is sponsored by Emigrant Bank, located in Florida. The sponsor's EIN is 651128000 and the plan operates in the Finance & Insurance industry.
How did Retirement Plan for Employees of Emigrant Bank perform in 2022?
Retirement Plan for Employees of Emigrant Bank declined by 4.8% during 2022, moving from $164M to $157M in total assets. Net income was $-7,906,612.
Where can I find official filings for Retirement Plan for Employees of Emigrant Bank?
Official Form 5500 filings for Retirement Plan for Employees of Emigrant Bank are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 651128000 or plan name at efast.dol.gov.
How does Retirement Plan for Employees of Emigrant Bank compare to other plans?
You can compare Retirement Plan for Employees of Emigrant Bank against other Defined Benefit (Pension) plans on the plan type page, or view plans in Florida on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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 651128000.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.