401(k) · DOL Form 5500 · 2023

Webster Bank, National Association 401(k) Plan

Data updated 2026-08-25

N/A
Total assets
1,173
Participants Near avg headcount
PlainRetire home → About this data RSS: change history

Official DOL plan name: Sterling National Bank 401(k) and Profit Sharing Plan · Sponsored by Webster Bank, National Association · New York · Finance & Insurance

N/A in assets, 1,173 participants

Webster Bank, National Association's Sterling National Bank 401(k) and Profit Sharing Plan reported N/A in total assets and 1,173 participants in its 2023 DOL Form 5500 filing. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

Webster Bank, National Association multi-year trail

Webster Bank, National Association's plans moved +18.9% in assets from 2022 to 2024; this filing shows Sterling National Bank 401(k) and Profit Sharing Plan at N/A / 1,173 participants.

$5M
reported net income

Sterling National Bank 401(k) and Profit Sharing Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Sterling National Bank 401(k) and Profit Sharing Plan lands in the large band (1,173 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Sterling National Bank 401(k) and Profit Sharing Plan reported net income rose from -$69M in the plan year 2022 filing to $5M in the plan year 2023 filing.
  • Sterling National Bank 401(k) and Profit Sharing Plan reported participants fell from 1,461 in the plan year 2022 filing to 1,173 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 060273620 · Webster Bank, National Association PY 2023 · 401(k)

Sterling National Bank 401(k) and Profit Sharing Plan · N/A · 1,173

  • TYPE N/A
  • TYPE 1,173
  • TYPE PY 2023
  • TYPE 401(k)
  • TYPE near Truck Group 401(k) Plan
  • TYPE $5M

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 →

Webster Bank, National Association multi-year asset trail

Sponsor-wide plan assets over time

All Webster Bank, National Association plans reported in each filing year

Latest sponsor-wide plan assets
$1.3B 18.929007987766553% vs 2022
2024 filing year
$1.1B$1.2B$1.3B$1.4B 202220232024 $1.13B $1.34B ▲ +18.6%
Year Plans Participants Total Assets
2022 3 4,986 $1.1B
2023 3 4,736 $1.2B
2024 2 3,774 $1.3B

Webster Bank, National Association filing trail (2023)

Total Assets (Beginning of Year)$349M
Net Assets (End of Year)N/A
Net Income$5M
Employer EIN060273620
Plan Effective Date1991-08-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in New York

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

Sterling National Bank 401(k) and Profit Sharing Plan vs. nearby 401(k) plans in New York, assets vs. participants Scatter plot of 5 data points. 050000100000150000 0204060 Total assets ($B) Participants IBM 401 (K) Plus Plan, Total assets ($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
Sterling National Bank 401(k) and Profit Sharing Plan vs. nearby 401(k) plans in New York, assets vs. participants

Sterling National Bank 401(k) and Profit Sharing Plan's closest out-of-state 401(k) peers by headcount

Outside New York, the nearest 401(k) by covered participants is Truck Group 401(k) Plan in TX (1,173 participants; this filing: 1,173 participants).

Similar participant headcount

Nearest other-state filings by covered participants (1,173 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 have Webster Bank, National Association plan assets changed over time?
Across 3 plan years on file (2022-2024), Webster Bank, National Association's sponsor-wide assets grew 18.9%, from $1.1B to $1.3B.
Which 401(k) plans cover a similar participant headcount to Sterling National Bank 401(k) and Profit Sharing Plan?
Among 401(k) plans in other states, the closest by covered participants is Truck Group 401(k) Plan in TX (1,173 participants, $86M in assets).