Defined Benefit (Pension) · DOL Form 5500 · 2023

Savings Bank of Danbury Pension Plan

Data updated 2026-08-25

$33M
Total assets Below avg plan size
40
Participants Small participant base
81st
Percentile by assets National rank
$836,623
Avg per participant High balance/head
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Official DOL plan name: Savings Bank of Danbury Trusteed Pension Plan · Sponsored by Savings Bank of Danbury · Connecticut · Finance & Insurance

$33M in assets, 40 participants

Savings Bank of Danbury's Savings Bank of Danbury Trusteed Pension Plan reported $33M in total assets and 40 participants in its 2023 DOL Form 5500 filing, ranking in the 81st 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.

  • #6,251 in Finance & Insurance (8,869 peers)

Where Savings Bank of Danbury Trusteed Pension Plan sits by assets

Savings Bank of Danbury Trusteed Pension Plan sits in the top quartile of all filed plans by assets, $33M for 40 participants (~$836,623/participant), up 11.9% in 2023.

#6,251
in Finance & Insurance (8,869 peers)
+11.9%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Savings Bank of Danbury Trusteed Pension Plan's outsized position by total assets

Savings Bank of Danbury Trusteed Pension Plan vs every filed plan by assets

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

$33,464,905 Top 19% higher than 81% 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

Savings Bank of Danbury Trusteed Pension Plan among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Savings Bank of Danbury Trusteed Pension Plan is a small filing (40 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Savings Bank of Danbury Trusteed Pension Plan reported net income rose from -$7M in the plan year 2022 filing to $4M in the plan year 2023 filing.
  • Savings Bank of Danbury Trusteed Pension Plan reported participants fell from 49 in the plan year 2022 filing to 40 in the plan year 2023 filing.
  • Savings Bank of Danbury Trusteed Pension Plan end-of-year assets rose from $30M in the plan year 2022 filing to $33M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 863388610 · Savings Bank of Danbury PY 2023 · Defined Benefit (Pension)

Savings Bank of Danbury Trusteed Pension Plan · $33M · 40 · 81st

  • TYPE $33M
  • NET 40
  • BOOK 81st
  • VS-ST Defined Benefit (Pension)
  • BOY near Milton Hershey School Retirement Plan
  • SCH ind #6251

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 →

Savings Bank of Danbury Trusteed Pension Plan in the asset neighbourhood

Dalton Corporation, Warsaw Manufacturing Facility Pension PlanDalton Corporation, Warsaw M…$34MMilton Hershey School Retirement PlanMilton Hershey School Retire…$33MSavings Bank of Danbury Trusteed Pension PlanSavings Bank of Danbury Trus…$33MToledo Roofers Local No 134 Pension PlanToledo Roofers Local No 134 …$33MDorel Juvenile Group, Inc. Pension Plan for Bargaining Unit EmployeesDorel Juvenile Group, Inc. P…$33M
End-of-year total assets ($M) among Savings Bank of Danbury Trusteed 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)$30M
Net Assets (End of Year)$33M
Net Income$4M
Employer EIN863388610
Plan Effective Date2000-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Savings Bank of Danbury)

Sponsor-wide plan assets over time

All Savings Bank of Danbury plans reported in each filing year

Latest sponsor-wide plan assets
$62M 14.784862277238405% vs 2022
2024 filing year
$50M$55M$60M$65M 202220232024 $53.9M $61.8M ▲ +14.8%
Year Plans Participants Total Assets
2022 2 217 $54M
2023 2 218 $57M
2024 2 210 $62M

Nearby Defined Benefit (Pension) Plans in Connecticut

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

Savings Bank of Danbury Trusteed Pension Plan vs. nearby Defined Benefit (Pension) plans in Connecticut, assets vs. participants Scatter plot of 6 data points. -100000100002000030000 -1001020304050 Total assets ($B) Participants Savings Bank of Danbury Trusteed Pension Plan, Total assets ($B): 0.033464905 · Participants: 40Savings Bank of Danbury Trusteed 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
Savings Bank of Danbury Trusteed Pension Plan vs. nearby Defined Benefit (Pension) plans in Connecticut, assets vs. participants
Compare Savings Bank of Danbury Trusteed Pension Plan side-by-side with 3 peers →

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

Outside Connecticut, the nearest Defined Benefit (Pension) by assets is Milton Hershey School Retirement Plan in PA ($33M); by covered participants it is The Coho at Stanford University Cash Balance Plan in CA (40 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (40 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 Savings Bank of Danbury Trusteed Pension Plan assets move in 2023? ▼
Savings Bank of Danbury Trusteed Pension Plan grew at a solid clip - up 11.9% during 2023, from $30M to $33M. Reported net income was $4M.
How have Savings Bank of Danbury plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Savings Bank of Danbury's sponsor-wide assets grew 14.8%, from $54M to $62M.
Where does Savings Bank of Danbury Trusteed Pension Plan rank by assets among Form 5500 filers? ▼
Savings Bank of Danbury Trusteed Pension Plan ranks in the 81st 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 Defined Benefit (Pension) plans are similar in size to Savings Bank of Danbury Trusteed Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Milton Hershey School Retirement Plan in PA ($33M, 79 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Savings Bank of Danbury Trusteed Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is The Coho at Stanford University Cash Balance Plan in CA (40 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 863388610.

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.