401(k) · DOL Form 5500 · 2023

Torrington Savings Bank 401(k) Plan

Data updated 2026-08-25

$25M
Total assets Small plan by assets
112
Participants Small participant base
76th
Percentile by assets National rank
$222,089
Avg per participant Above avg balance/head
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Official DOL plan name: Torrington Savings Bank 401(k) Savings Plan · Sponsored by Torrington Savings Bank · Connecticut · Finance & Insurance

$25M in assets, 112 participants

Torrington Savings Bank's Torrington Savings Bank 401(k) Savings Plan reported $25M in total assets and 112 participants in its 2023 DOL Form 5500 filing, ranking in the 76th 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.

  • #5,687 in Finance & Insurance (8,869 peers)

Coverage in Connecticut

Torrington Savings Bank 401(k) Savings Plan covers 112 participants in Connecticut, about 16% of the average Connecticut filer (state average ~718 per filing). Assets: $25M.

#5,687
in Finance & Insurance (8,869 peers)
+15.7%
assets growth YoY
0.2×
vs typical plan assets (national mean)

Torrington Savings Bank 401(k) Savings Plan's outsized position by total assets

Torrington Savings Bank 401(k) Savings Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$24,873,920 Top 24% higher than 76% of 127,068 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 2023

Torrington Savings Bank 401(k) Savings Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Torrington Savings Bank 401(k) Savings Plan sits mid-pack in the medium band (112 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Torrington Savings Bank 401(k) Savings Plan reported net income rose from -$4M in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • Torrington Savings Bank 401(k) Savings Plan end-of-year assets rose from $21M in the plan year 2022 filing to $25M in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 060564890 · Torrington Savings Bank PY 2023 · 401(k)

Torrington Savings Bank 401(k) Savings Plan · $25M · 112 · 76th

  • ASSETS $25M
  • PCT 112
  • EIN 76th
  • RANK 401(k)
  • PHOTO near Xeris Pharmaceuticals, Inc. 401(k) Plan
  • IND ind #5687

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 →

Torrington Savings Bank 401(k) Savings Plan in the asset neighbourhood

Livewire Ev, LLC 401(k) Plan$25MTorrington Savings Bank 401(k) Savings PlanTorrington Savings Bank 401(…$25MXeris Pharmaceuticals, Inc. 401(k) PlanXeris Pharmaceuticals, Inc. …$25MNeo Performance Materials 401(k) PlanNeo Performance Materials 40…$25MThe Dodge Company Savings and Retirement PlanThe Dodge Company Savings an…$25M
End-of-year total assets ($M) among Torrington Savings Bank 401(k) Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Connecticut filing particulars

Total Assets (Beginning of Year)$21M
Net Assets (End of Year)$25M
Net Income$3M
Employer EIN060564890
Plan Effective Date1994-11-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Torrington Savings Bank)

Sponsor-wide plan assets over time

All Torrington Savings Bank plans reported in each filing year

Latest sponsor-wide plan assets
$27M 24.277814068041152% vs 2022
2024 filing year
$20M$22M$24M$26M$28M 202220232024 $21.5M $26.7M ▲ +24.3%
Year Plans Participants Total Assets
2022 2 208 $21M
2023 1 112 $25M
2024 1 121 $27M

Nearby 401(k) Plans in Connecticut

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Torrington Savings Bank 401(k) Savings Plan vs. nearby 401(k) plans in Connecticut, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -200204060 Total assets ($B) Participants Torrington Savings Bank 401(k) Savings Plan, Total assets ($B): 0.02487392 · Participants: 112Torrington Savings Bank 401(k) Savings PlanRtx Savings Plan, Total assets ($B): 52.759784 · Participants: 123037Rtx Savings PlanCiti Retirement Savings Plan, Total assets ($B): 20.653030659 · Participants: 77865Citi Retirement Savings PlanThe Hartford Investment and Savings Plan, Total assets ($B): 6.478512 · Participants: 18377The Hartford Investment and Savings PlanXerox Corporation Savings Plan, Total assets ($B): 3.948866 · Participants: 10291Xerox Corporation Savings PlanEversource 401(k) Plan, Total assets ($B): 3.751712453 · Participants: 9504Eversource 401(k) Plan
Torrington Savings Bank 401(k) Savings Plan vs. nearby 401(k) plans in Connecticut, assets vs. participants
Compare Torrington Savings Bank 401(k) Savings Plan side-by-side with 3 peers →

Torrington Savings Bank 401(k) Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Connecticut, the nearest 401(k) by assets is Xeris Pharmaceuticals, Inc. 401(k) Plan in IL ($25M); by covered participants it is A&a Transfer, LLC 401(k) Plan in VA (112 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($25M here).

Similar participant headcount

Nearest other-state filings by covered participants (112 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Torrington Savings Bank 401(k) Savings Plan assets move in 2023? ▼
Torrington Savings Bank 401(k) Savings Plan grew sharply - up 15.7% during 2023, from $21M to $25M. Reported net income was $3M.
How have Torrington Savings Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Torrington Savings Bank's sponsor-wide assets grew 24.3%, from $21M to $27M.
Where does Torrington Savings Bank 401(k) Savings Plan rank by assets among Form 5500 filers? ▼
Torrington Savings Bank 401(k) Savings Plan ranks in the 76th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Torrington Savings Bank 401(k) Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Xeris Pharmaceuticals, Inc. 401(k) Plan in IL ($25M, 352 participants).
Which 401(k) plans cover a similar participant headcount to Torrington Savings Bank 401(k) Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is A&a Transfer, LLC 401(k) Plan in VA (112 participants, N/A in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 060564890.

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.