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

Employees' Retirement Plan of the American Bankers Association

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

Sponsored by American Bankers Association Β· District of Columbia Β· Other Services

What the 2023 filing shows

Employees' Retirement Plan of the American Bankers Association holds $35K for 75 participants - about $466 per participant, down 100.0% over the 2022 plan year.

$35K
total plan assets (2022 EOY)
75
covered participants
$466
avg assets per participant
-100.0%
assets change YoY

The plan reported a net loss of $180M for the year β€” a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$35K
Participants
75
Industry
Other Services

What the Filing Says About Employees' Retirement Plan of the American Bankers Association

Employees' Retirement Plan of the American Bankers Association is a Defined Benefit (Pension) retirement plan sponsored by American Bankers Association, headquartered in District of Columbia. As of the 2022 Form 5500 filing, the plan reports $35K in total end-of-year assets and covers 75 participants across the Other Services industry. The sponsor's EIN on file with the U.S. Department of Labor is 521001304, and the plan has been effective since 1957-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $181M at the beginning of 2022 to $35K at year-end β€” a decline of 100.0%. Net assets (after liabilities) closed the year at N/A, with reported net income of $-180,499,888 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 β€” 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)$181M
Total Assets (End of Year)$35K
Net Assets (End of Year)N/A
Net Income$-180,499,888
Plan TypeDefined Benefit (Pension)
Employer EIN521001304
Plan Effective Date1957-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (American Bankers Association)

Year Plans Participants Total Assets
2022 2 398 $150M
2023 1 319 $181M
2024 1 318 $198M

Nearby Defined Benefit (Pension) Plans in District of Columbia

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

Frequently Asked Questions

How much money is in the Employees' Retirement Plan of the American Bankers Association?
As of the 2022 Form 5500 filing, Employees' Retirement Plan of the American Bankers Association holds $35K in total assets with 75 participants. It is sponsored by American Bankers Association.
What type of plan is Employees' Retirement Plan of the American Bankers Association?
Employees' Retirement Plan of the American Bankers Association is a Defined Benefit (Pension) plan. It has been effective since 1957-01-01. The plan is filed with the U.S. Department of Labor under EIN 521001304.
Who sponsors the Employees' Retirement Plan of the American Bankers Association?
Employees' Retirement Plan of the American Bankers Association is sponsored by American Bankers Association, located in District of Columbia. The sponsor's EIN is 521001304 and the plan operates in the Other Services industry.
How did Employees' Retirement Plan of the American Bankers Association perform in 2022?
Employees' Retirement Plan of the American Bankers Association declined by 100.0% during 2022, moving from $181M to $35K in total assets. Net income was $-180,499,888.
Where can I find official filings for Employees' Retirement Plan of the American Bankers Association?
Official Form 5500 filings for Employees' Retirement Plan of the American Bankers Association are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 521001304 or plan name at efast.dol.gov.
How does Employees' Retirement Plan of the American Bankers Association compare to other plans?
You can compare Employees' Retirement Plan of the American Bankers Association against other Defined Benefit (Pension) plans on the plan type page, or view plans in District of Columbia 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) β€” original filing retrieval by EIN 521001304.

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

Reference: IRS Publication 590-B β€” 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.