Defined Benefit (Pension) · DOL Form 5500 · 2022

The Milford Bank Pension Plan

Data updated 2026-08-25

$8M
Total assets Small plan by assets
43
Participants Small participant base
61st
Percentile by assets National rank
$187,633
Avg per participant Above avg balance/head
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Official DOL plan name: Pension Plan of the Milford Bank · Sponsored by The Milford Bank · Connecticut · Finance & Insurance

$8M in assets, 43 participants

The Milford Bank's Pension Plan of the Milford Bank reported $8M in total assets and 43 participants in its 2022 DOL Form 5500 filing, ranking in the 61st 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.

  • #4,051 in Finance & Insurance (9,261 peers)

The Milford Bank multi-year trail

The Milford Bank's plans moved -11.8% in assets from 2022 to 2024; this filing shows Pension Plan of the Milford Bank at $8M / 43 participants.

#4,051
in Finance & Insurance (9,261 peers)
-31.2%
assets change YoY

The plan reported a net loss of $1M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Pension Plan of the Milford Bank's mid-pack asset rank among Finance & Insurance and all filers

Pension Plan of the Milford Bank vs every filed plan by assets

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

$8,068,218 Top 39% higher than 61% 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

Pension Plan of the Milford Bank among smaller filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Pension Plan of the Milford Bank is a small filing (43 participants) on this national headcount ladder.

Plan-year Form 5500 strip

Filing strip 060453420 · The Milford Bank PY 2022 · Defined Benefit (Pension)

Pension Plan of the Milford Bank · $8M · 43 · 61st

  • SCH $8M
  • SCH 43
  • SCH 61st
  • SCH Defined Benefit (Pension)
  • SCH near Pension Plan for Collectively Bargained Indianapolis Water Employees
  • SCH ind #4051

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 →

Pension Plan of the Milford Bank in the asset neighbourhood

Vvf Illinois Services, LLC Labor Pension PlanVvf Illinois Services, LLC L…$8MAutoneum North America, Inc. Carpet Retirement Plan for Salaried EmployeesAutoneum North America, Inc.…$8MPension Plan of the Milford BankPension Plan of the Milford …$8MPension Plan for Collectively Bargained Indianapolis Water EmployeesPension Plan for Collectivel…$8MRed Spot Paint & Varnish Co., Inc. Retirement Income PlanRed Spot Paint & Varnish Co.…$8M
End-of-year total assets ($M) among Pension Plan of the Milford Bank and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

The Milford Bank multi-year asset trail

Sponsor-wide plan assets over time

All The Milford Bank plans reported in each filing year

Latest sponsor-wide plan assets
$23M 11.788065083444742% vs 2022
2024 filing year
$18M$20M$22M$24M$26M$28M 202220232024 $26.1M $23M ▼ -11.8%
Year Plans Participants Total Assets
2022 2 127 $26M
2023 2 119 $20M
2024 1 83 $23M

The Milford Bank filing trail (2022)

Total Assets (Beginning of Year)$12M
Net Assets (End of Year)-$1M
Net Income-$1M
Employer EIN060453420
Plan Effective Date1969-07-01
Filing StatusFILING RECEIVED

Nearby Defined Benefit (Pension) Plans in Connecticut

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

Pension Plan of the Milford Bank vs. nearby Defined Benefit (Pension) plans in Connecticut, assets vs. participants Scatter plot of 6 data points. -100000100002000030000 -1001020304050 Total assets ($B) Participants Pension Plan of the Milford Bank, Total assets ($B): 0.008068218 · Participants: 43Pension Plan of the Milford BankGE 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.
Pension Plan of the Milford Bank vs. nearby Defined Benefit (Pension) plans in Connecticut, assets vs. participants
Compare Pension Plan of the Milford Bank side-by-side with 3 peers →

Pension Plan of the Milford Bank's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Connecticut, the nearest Defined Benefit (Pension) by assets is Pension Plan for Collectively Bargained Indianapolis Water Employees in IN ($8M); by covered participants it is Pension Plan for Salaried Employees of Timber Products Company & Affiliates in OR (43 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (43 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 Pension Plan of the Milford Bank assets move in 2022? ▼
Pension Plan of the Milford Bank contracted severely - down 31.2% during 2022, from $12M to $8M. Reported net income was -$1M.
How have The Milford Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), The Milford Bank's sponsor-wide assets declined 11.8%, from $26M to $23M.
Which Defined Benefit (Pension) plans are similar in size to Pension Plan of the Milford Bank? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Pension Plan for Collectively Bargained Indianapolis Water Employees in IN ($8M, 84 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Pension Plan of the Milford Bank? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Pension Plan for Salaried Employees of Timber Products Company & Affiliates in OR (43 participants, $23M 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 060453420.

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.