Defined Benefit (Pension) · DOL Form 5500 · 2023

Liberty Bank Pension Plan

Data updated 2026-08-25

$146M
Total assets Near avg plan size
573
Participants Below avg headcount
93rd
Percentile by assets National rank
$254,438
Avg per participant Above avg balance/head
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Official DOL plan name: Liberty Bank Pension Plan · Sponsored by Liberty Bank · Connecticut · Finance & Insurance

$146M in assets, 573 participants

Liberty Bank's Liberty Bank Pension Plan reported $146M in total assets and 573 participants in its 2023 DOL Form 5500 filing, ranking in the 93rd 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.

  • #7,952 in Finance & Insurance (8,869 peers)

Where Liberty Bank Pension Plan sits by assets

Liberty Bank Pension Plan sits in the top 10% of all filed plans by assets, $146M for 573 participants (~$254,438/participant), up 10.8% in 2023.

#7,952
in Finance & Insurance (8,869 peers)
+10.8%
assets growth YoY
1.5×
vs typical plan assets (national mean)

Liberty Bank Pension Plan's outsized position by total assets

Liberty Bank Pension Plan vs every filed plan by assets

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

$145,793,215 Top 7% higher than 93% 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

Liberty Bank Pension 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. Liberty Bank Pension Plan sits mid-pack in the medium band (573 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Liberty Bank Pension Plan reported net income rose from -$44M in the plan year 2022 filing to $14M in the plan year 2023 filing.
  • Liberty Bank Pension Plan end-of-year assets rose from $132M in the plan year 2022 filing to $146M in the plan year 2023 filing.
  • Liberty Bank Pension Plan reported participants rose from 557 in the plan year 2022 filing to 573 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 060452570 · Liberty Bank PY 2023 · Defined Benefit (Pension)

Liberty Bank Pension Plan · $146M · 573 · 93rd

  • BOY $146M
  • SCH 573
  • EBSA 93rd
  • PART Defined Benefit (Pension)
  • TYPE near U.a.P.P. Local Union No.142 Pension Plan
  • NET ind #7952

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 Connecticut →

Liberty Bank Pension Plan in the asset neighbourhood

Fci, Inc. Pension Plan for Bargaining Unit Employees - Marshalltown, IowaFci, Inc. Pension Plan for B…$146MU.a.P.P. Local Union No.142 Pension PlanU.a.P.P. Local Union No.142 …$146MLiberty Bank Pension Plan$146MFish & Richardson Principals' Cash Balance PlanFish & Richardson Principals…$146MMclaren St. Luke's Retirement PlanMclaren St. Luke's Retiremen…$146M
End-of-year total assets ($M) among Liberty Bank Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$132M
Net Assets (End of Year)$146M
Net Income$14M
Employer EIN060452570
Plan Effective Date1959-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Liberty Bank)

Sponsor-wide plan assets over time

All Liberty Bank plans reported in each filing year

Latest sponsor-wide plan assets
$275M 27.594937488894978% vs 2022
2024 filing year
$200M$220M$240M$260M$280M$300M 202220232024 $216M $275M ▲ +27.6%
Year Plans Participants Total Assets
2022 2 1,207 $216M
2023 2 1,280 $251M
2024 2 1,436 $275M

Nearby Defined Benefit (Pension) Plans in Connecticut

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

Liberty Bank Pension Plan vs. nearby Defined Benefit (Pension) plans in Connecticut, assets vs. participants Scatter plot of 6 data points. -100000100002000030000 -1001020304050 Total assets ($B) Participants Liberty Bank Pension Plan, Total assets ($B): 0.145793215 · Participants: 573Liberty Bank Pension PlanRtx Consolidated Pension Plan, Total assets ($B): 43.752088232 · Participants: 23823Rtx Consolidated Pension PlanThe Citigroup Pension Plan, Total assets ($B): 10.610367002 · Participants: 17283The Citigroup Pension PlanEversource Pension Plan, Total assets ($B): 5.8761342 · Participants: 3717Eversource Pension PlanRetirement Plan for Employees of Aetna Inc., Total assets ($B): 5.40003759 · Participants: 10546Retirement Plan for Employees of Aetna Inc.The Hartford Retirement Plan for U.S. Employees, Total assets ($B): 3.580099386 · Participants: 7529The Hartford Retirement Plan for U.S. Employees
Liberty Bank Pension Plan vs. nearby Defined Benefit (Pension) plans in Connecticut, assets vs. participants
Compare Liberty Bank Pension Plan side-by-side with 3 peers →

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

Outside Connecticut, the nearest Defined Benefit (Pension) by assets is U.a.P.P. Local Union No.142 Pension Plan in TX ($146M); by covered participants it is International Brotherhood of Electrical Workers Local Union No. 252 Pension Plan in MI (573 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (573 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 Liberty Bank Pension Plan assets move in 2023? ▼
Liberty Bank Pension Plan grew at a solid clip - up 10.8% during 2023, from $132M to $146M. Reported net income was $14M.
How have Liberty Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Liberty Bank's sponsor-wide assets grew 27.6%, from $216M to $275M.
Where does Liberty Bank Pension Plan rank by assets among Form 5500 filers? ▼
Liberty Bank Pension Plan ranks in the 93rd percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Liberty Bank Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is U.a.P.P. Local Union No.142 Pension Plan in TX ($146M, 853 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Liberty Bank Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is International Brotherhood of Electrical Workers Local Union No. 252 Pension Plan in MI (573 participants, $230M 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 060452570.

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.