401(k) · DOL Form 5500 · 2023

Ulster Savings Bank 401(k) Plan

Data updated 2026-08-25

$60M
Total assets Below avg plan size
260
Participants Below avg headcount
87th
Percentile by assets National rank
$232,638
Avg per participant Above avg balance/head
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Official DOL plan name: Ulster Savings Bank 401(k) Plan · Sponsored by Ulster Savings Bank · New York · Finance & Insurance

$60M in assets, 260 participants

Ulster Savings Bank's Ulster Savings Bank 401(k) Plan reported $60M in total assets and 260 participants in its 2023 DOL Form 5500 filing, ranking in the 87th 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.

  • #7,154 in Finance & Insurance (8,869 peers)

Coverage in New York

Ulster Savings Bank 401(k) Plan covers 260 participants in New York, about 33% of the average New York filer (state average ~798 per filing). Assets: $60M.

#7,154
in Finance & Insurance (8,869 peers)
+5.7%
assets growth YoY
0.6×
vs typical plan assets (national mean)

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

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

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

$60,485,924 Top 13% higher than 87% 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

Ulster 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. Ulster Savings Bank 401(k) Plan sits mid-pack in the medium band (260 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Ulster Savings Bank 401(k) Plan reported net income rose from -$8M in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • Ulster Savings Bank 401(k) Plan end-of-year assets rose from $57M in the plan year 2022 filing to $60M in the plan year 2023 filing.
  • Ulster Savings Bank 401(k) Plan reported participants fell from 271 in the plan year 2022 filing to 260 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 141136850 · Ulster Savings Bank PY 2023 · 401(k)

Ulster Savings Bank 401(k) Plan · $60M · 260 · 87th

  • TYPE $60M
  • TYPE 260
  • TYPE 87th
  • TYPE 401(k)
  • TYPE near Cahill Employees' Trust Fund
  • TYPE ind #7154

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 New York →

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

Escal Institute 401(K )Plan$60MKubicki Draper, P.a. 401(k) PlanKubicki Draper, P.a. 401(k) …$60MUlster Savings Bank 401(k) PlanUlster Savings Bank 401(k) P…$60MCahill Employees' Trust Fund$60MPmx Industries, Inc. 401(k) Retirement PlanPmx Industries, Inc. 401(k) …$60M
End-of-year total assets ($M) among Ulster Savings Bank 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

New York filing particulars

Total Assets (Beginning of Year)$57M
Net Assets (End of Year)$60M
Net Income$3M
Employer EIN141136850
Plan Effective Date1984-09-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Ulster Savings Bank)

Sponsor-wide plan assets over time

All Ulster Savings Bank plans reported in each filing year

Latest sponsor-wide plan assets
$64M 12.567693154333586% vs 2022
2024 filing year
$55M$60M$65M$70M 202220232024 $57.2M $64.4M ▲ +12.6%
Year Plans Participants Total Assets
2022 1 271 $57M
2023 1 260 $60M
2024 1 265 $64M

Nearby 401(k) Plans in New York

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

Ulster Savings Bank 401(k) Plan vs. nearby 401(k) plans in New York, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -20020406080 Total assets ($B) Participants Ulster Savings Bank 401(k) Plan, Total assets ($B): 0.060485924 · Participants: 260Ulster Savings Bank 401(k) PlanIBM 401 (K) Plus Plan, Total assets ($B): 57.428456306 · Participants: 54912IBM 401 (K) Plus PlanPfizer Savings Plan, Total assets ($B): 19.56134085 · Participants: 30033Pfizer Savings PlanMorgan Stanley 401(k) Plan, Total assets ($B): 19.235068266 · Participants: 55363Morgan Stanley 401(k) PlanThe Pepsico Savings Plan, Total assets ($B): 13.651296 · Participants: 133597The Pepsico Savings PlanThe Goldman Sachs 401(k) Plan, Total assets ($B): 11.428659742 · Participants: 24866The Goldman Sachs 401(k) Plan
Ulster Savings Bank 401(k) Plan vs. nearby 401(k) plans in New York, assets vs. participants
Compare Ulster Savings Bank 401(k) Plan side-by-side with 3 peers →

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

Outside New York, the nearest 401(k) by assets is Cahill Employees' Trust Fund in CA ($60M); by covered participants it is Roofing Wholesale Co., Inc. 401(k) Plan in AZ (260 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($60M here).

Similar participant headcount

Nearest other-state filings by covered participants (260 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 Ulster Savings Bank 401(k) Plan assets move in 2023? ▼
Ulster Savings Bank 401(k) Plan grew at a solid clip - up 5.7% during 2023, from $57M to $60M. Reported net income was $3M.
How have Ulster Savings Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Ulster Savings Bank's sponsor-wide assets grew 12.6%, from $57M to $64M.
Where does Ulster Savings Bank 401(k) Plan rank by assets among Form 5500 filers? ▼
Ulster Savings Bank 401(k) Plan ranks in the 87th 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 Ulster Savings Bank 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Cahill Employees' Trust Fund in CA ($60M, 117 participants).
Which 401(k) plans cover a similar participant headcount to Ulster Savings Bank 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Roofing Wholesale Co., Inc. 401(k) Plan in AZ (260 participants, $7M 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 141136850.

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.