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

The Retirement Plan of Rhinebeck Savings Bank

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

Sponsored by Rhinebeck Bank · New York · Finance & Insurance

What the 2023 filing shows

The Retirement Plan of Rhinebeck Savings Bank holds $17M for 34 participants — about $485,325 per participant, up 0.3% over the 2022 plan year.

$17M
total plan assets (2022 EOY)
34
covered participants
$485,325
avg assets per participant
+0.3%
assets growth YoY
Total Assets (2023)
$17M
Participants
34
State
Industry
Finance & Insurance

What the Filing Says About The Retirement Plan of Rhinebeck Savings Bank

The Retirement Plan of Rhinebeck Savings Bank is a Defined Benefit (Pension) retirement plan sponsored by Rhinebeck Bank, headquartered in New York. As of the 2022 Form 5500 filing, the plan reports $17M in total end-of-year assets and covers 34 participants across the Finance & Insurance industry. The sponsor's EIN on file with the U.S. Department of Labor is 141002430, and the plan has been effective since 1941-05-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $16M at the beginning of 2022 to $17M at year-end — a gain of 0.3%. Net assets (after liabilities) closed the year at $17M, with reported net income of $57K 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)$16M
Total Assets (End of Year)$17M
Net Assets (End of Year)$17M
Net Income$57K
Plan TypeDefined Benefit (Pension)
Employer EIN141002430
Plan Effective Date1941-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Rhinebeck Bank)

Year Plans Participants Total Assets
2022 3 355 $42M
2023 3 379 $48M
2024 2 325 $32M

Nearby Defined Benefit (Pension) Plans in New York

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

Frequently Asked Questions

How much money is in the The Retirement Plan of Rhinebeck Savings Bank?
As of the 2022 Form 5500 filing, The Retirement Plan of Rhinebeck Savings Bank holds $17M in total assets with 34 participants. It is sponsored by Rhinebeck Bank.
What type of plan is The Retirement Plan of Rhinebeck Savings Bank?
The Retirement Plan of Rhinebeck Savings Bank is a Defined Benefit (Pension) plan. It has been effective since 1941-05-01. The plan is filed with the U.S. Department of Labor under EIN 141002430.
Who sponsors the The Retirement Plan of Rhinebeck Savings Bank?
The Retirement Plan of Rhinebeck Savings Bank is sponsored by Rhinebeck Bank, located in New York. The sponsor's EIN is 141002430 and the plan operates in the Finance & Insurance industry.
How did The Retirement Plan of Rhinebeck Savings Bank perform in 2022?
The Retirement Plan of Rhinebeck Savings Bank grew by 0.3% during 2022, moving from $16M to $17M in total assets. Net income was $57K.
Where can I find official filings for The Retirement Plan of Rhinebeck Savings Bank?
Official Form 5500 filings for The Retirement Plan of Rhinebeck Savings Bank are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 141002430 or plan name at efast.dol.gov.
How does The Retirement Plan of Rhinebeck Savings Bank compare to other plans?
You can compare The Retirement Plan of Rhinebeck Savings Bank against other Defined Benefit (Pension) plans on the plan type page, or view plans in New York 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 141002430.

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.