401(k) · DOL Form 5500 · 2023

Webster Five Cents Savings Bank 401(k) Plan

Data updated 2026-08-25

$28M
Total assets Below avg plan size
139
Participants Small participant base
78th
Percentile by assets National rank
$200,646
Avg per participant Above avg balance/head
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Official DOL plan name: Webster Five Cents Savings Bank 401(k) Plan · Sponsored by Webster Five Cents Savings Bank · Massachusetts · Finance & Insurance

$28M in assets, 139 participants

Webster Five Cents Savings Bank's Webster Five Cents Savings Bank 401(k) Plan reported $28M in total assets and 139 participants in its 2023 DOL Form 5500 filing, ranking in the 78th 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.

  • #5,910 in Finance & Insurance (8,869 peers)

Coverage in Massachusetts

Webster Five Cents Savings Bank 401(k) Plan covers 139 participants in Massachusetts, about 21% of the average Massachusetts filer (state average ~659 per filing). Assets: $28M.

#5,910
in Finance & Insurance (8,869 peers)
+14.5%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Webster Five Cents Savings Bank 401(k) Plan's outsized position by total assets

Webster Five Cents Savings Bank 401(k) Plan vs every filed plan by assets

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

$27,889,853 Top 22% higher than 78% 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

Webster Five Cents Savings Bank 401(k) 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. Webster Five Cents Savings Bank 401(k) Plan sits mid-pack in the medium band (139 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Webster Five Cents Savings Bank 401(k) Plan reported net income rose from -$6M in the plan year 2022 filing to $4M in the plan year 2023 filing.
  • Webster Five Cents Savings Bank 401(k) Plan end-of-year assets rose from $24M in the plan year 2022 filing to $28M in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 041953630 · Webster Five Cents Savings Bank PY 2023 · 401(k)

Webster Five Cents Savings Bank 401(k) Plan · $28M · 139 · 78th

  • ASSETS $28M
  • PCT 139
  • EIN 78th
  • RANK 401(k)
  • PHOTO near Deutz Corporation Employees Salary Deduction Plan
  • IND ind #5910

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 →

Webster Five Cents Savings Bank 401(k) Plan in the asset neighbourhood

Webster Five Cents Savings Bank 401(k) PlanWebster Five Cents Savings B…$28MDeutz Corporation Employees Salary Deduction PlanDeutz Corporation Employees …$28MApache Industrial Services 401(k) Retirement PlanApache Industrial Services 4…$28MBrandmuscle Holdings, Inc. 401 (K) PlanBrandmuscle Holdings, Inc. 4…$28MSagent Pharmaceuticals Inc 401(k) PlanSagent Pharmaceuticals Inc 4…$28M
End-of-year total assets ($M) among Webster Five Cents Savings Bank 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Massachusetts filing particulars

Total Assets (Beginning of Year)$24M
Net Assets (End of Year)$28M
Net Income$4M
Employer EIN041953630
Plan Effective Date1998-11-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Webster Five Cents Savings Bank)

Sponsor-wide plan assets over time

All Webster Five Cents Savings Bank plans reported in each filing year

Latest sponsor-wide plan assets
$32M 30.831047946895733% vs 2022
2024 filing year
$20M$25M$30M$35M 202220232024 $24.4M $31.9M ▲ +30.8%
Year Plans Participants Total Assets
2022 1 140 $24M
2023 1 139 $28M
2024 1 138 $32M

Nearby 401(k) Plans in Massachusetts

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

Webster Five Cents Savings Bank 401(k) Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -10010203040 Total assets ($B) Participants Webster Five Cents Savings Bank 401(k) Plan, Total assets ($B): 0.027889853 · Participants: 139Webster Five Cents Savings Bank 401(k) PlanFidelity Retirement Savings Plan, Total assets ($B): 28.649852331 · Participants: 62289Fidelity Retirement Savings PlanLiberty Mutual 401(k) Plan, Total assets ($B): 10.556596852 · Participants: 37052Liberty Mutual 401(k) PlanMassachusetts Institute of Technology Supplemental 401(k) Plan, Total assets ($B): 6.829912863 · Participants: 14094Massachusetts Institute of Technology Supplemental 401(k) PlanBoston Scientific Corporation 401(k) Retirement Savings Plan, Total assets ($B): 5.786107181 · Participants: 19881Boston Scientific Corporation 401(k) Retirement Savings PlanPhilips North America 401(k) Plan, Total assets ($B): 5.779286156 · Participants: 19120Philips North America 401(k) Plan
Webster Five Cents Savings Bank 401(k) Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants
Compare Webster Five Cents Savings Bank 401(k) Plan side-by-side with 3 peers →

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

Outside Massachusetts, the nearest 401(k) by assets is Deutz Corporation Employees Salary Deduction Plan in GA ($28M); by covered participants it is Daman Products Company, Inc. 401(k) and Profit Sharing Plan in IN (139 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (139 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 Webster Five Cents Savings Bank 401(k) Plan assets move in 2023? ▼
Webster Five Cents Savings Bank 401(k) Plan grew at a solid clip - up 14.5% during 2023, from $24M to $28M. Reported net income was $4M.
How have Webster Five Cents Savings Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Webster Five Cents Savings Bank's sponsor-wide assets grew 30.8%, from $24M to $32M.
Where does Webster Five Cents Savings Bank 401(k) Plan rank by assets among Form 5500 filers? ▼
Webster Five Cents Savings Bank 401(k) Plan ranks in the 78th 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 Webster Five Cents Savings Bank 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Deutz Corporation Employees Salary Deduction Plan in GA ($28M, 312 participants).
Which 401(k) plans cover a similar participant headcount to Webster Five Cents Savings Bank 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Daman Products Company, Inc. 401(k) and Profit Sharing Plan in IN (139 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 041953630.

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.