Defined Benefit (Pension) · DOL Form 5500 · 2022

PEOPLESBANK Pension Plan

Data updated 2026-08-25

$16M
Total assets Small plan by assets
50
Participants Small participant base
74th
Percentile by assets National rank
$325,052
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Peoplesbank Defined Benefit Pension Plan · Sponsored by PEOPLESBANK · Massachusetts · Finance & Insurance

$16M in assets, 50 participants

PEOPLESBANK's Peoplesbank Defined Benefit Pension Plan reported $16M in total assets and 50 participants in its 2022 DOL Form 5500 filing, ranking in the 74th 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.

  • #5,493 in Finance & Insurance (9,261 peers)

What the 2022 filing shows

Peoplesbank Defined Benefit Pension Plan holds $16M for 50 participants - about $325,052 per participant, above the median plan by assets.

#5,493
in Finance & Insurance (9,261 peers)
-4.1%
assets change YoY

The plan reported a net loss of $690K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Peoplesbank Defined Benefit Pension Plan's outsized position by total assets

Peoplesbank Defined Benefit Pension Plan vs every filed plan by assets

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

$16,252,580 Top 26% higher than 74% 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

Peoplesbank Defined Benefit Pension Plan among smaller filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Peoplesbank Defined Benefit Pension Plan is a small filing (50 participants) on this national headcount ladder.

DOL schedule card

Filing strip 200262355 · PEOPLESBANK PY 2022 · Defined Benefit (Pension)

Peoplesbank Defined Benefit Pension Plan · $16M · 50 · 74th

  • EOY $16M
  • EOY 50
  • EOY 74th
  • EOY Defined Benefit (Pension)
  • EOY near Pentair Pump Group, Inc. Bargaining Unit Employees Pension Plan
  • EOY ind #5493

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 Massachusetts →

Peoplesbank Defined Benefit Pension Plan in the asset neighbourhood

American Chemet Corporation Retirement Income PlanAmerican Chemet Corporation …$16MPension Plan for Employees of Woodbury UniversityPension Plan for Employees o…$16MPension Plan for Employees of United Way, Inc.Pension Plan for Employees o…$16MPeoplesbank Defined Benefit Pension PlanPeoplesbank Defined Benefit …$16MPentair Pump Group, Inc. Bargaining Unit Employees Pension PlanPentair Pump Group, Inc. Bar…$16M
End-of-year total assets ($M) among Peoplesbank Defined Benefit Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

Filing particulars (2022)

Total Assets (Beginning of Year)$17M
Net Assets (End of Year)$16M
Net Income-$690K
Employer EIN200262355
Plan Effective Date1981-11-01
Filing StatusFILING RECEIVED

Sponsor Plan History (PEOPLESBANK)

Sponsor-wide plan assets over time

All PEOPLESBANK plans reported in each filing year

Latest sponsor-wide plan assets
$69M 7.963484573000155% vs 2022
2024 filing year
$65M$70M$75M$80M$85M 202220232024 $74.8M $68.9M ▼ -8.0%
Year Plans Participants Total Assets
2022 2 383 $75M
2023 2 357 $82M
2024 1 299 $69M

Nearby Defined Benefit (Pension) Plans in Massachusetts

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

Peoplesbank Defined Benefit Pension Plan vs. nearby Defined Benefit (Pension) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -20246810 Total assets ($B) Participants Peoplesbank Defined Benefit Pension Plan, Total assets ($B): 0.01625258 · Participants: 50Peoplesbank Defined Benefit Pension PlanConsolidated Cash Balance Program of Mass General Brigham and Member Organizations, Total assets ($B): 9.07532048 · Participants: 55495Consolidated Cash Balance Program of Mass General Brigham and Member OrganizationsLiberty Mutual Retirement Benefit Plan, Total assets ($B): 6.756596242 · Participants: 33087Liberty Mutual Retirement Benefit PlanMassachusetts Institute of Technology Basic Retirement Plan, Total assets ($B): 5.281152611 · Participants: 11835Massachusetts Institute of Technology Basic Retirement PlanN. Atlantic States Carp. Pension Fund, Total assets ($B): 4.758508912 · Participants: 17323N. Atlantic States Carp. Pension FundN. Atlantic States Carp. Guaranteed Annuity Fund, Total assets ($B): 3.594095954 · Participants: 10962N. Atlantic States Carp. Guaranteed Annuity Fund
Peoplesbank Defined Benefit Pension Plan vs. nearby Defined Benefit (Pension) plans in Massachusetts, assets vs. participants
Compare Peoplesbank Defined Benefit Pension Plan side-by-side with 3 peers →

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

Outside Massachusetts, the nearest Defined Benefit (Pension) by assets is Pentair Pump Group, Inc. Bargaining Unit Employees Pension Plan in MN ($16M); by covered participants it is Stanadyne LLC Pension Plan in NC (50 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (50 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 Peoplesbank Defined Benefit Pension Plan assets move in 2022? ▼
Peoplesbank Defined Benefit Pension Plan edged down modestly - down 4.1% during 2022, from $17M to $16M. Reported net income was -$690K.
How have PEOPLESBANK plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), PEOPLESBANK's sponsor-wide assets declined 8.0%, from $75M to $69M.
Which Defined Benefit (Pension) plans are similar in size to Peoplesbank Defined Benefit Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Pentair Pump Group, Inc. Bargaining Unit Employees Pension Plan in MN ($16M, 240 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Peoplesbank Defined Benefit Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Stanadyne LLC Pension Plan in NC (50 participants, $75M 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 200262355.

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.