Defined Benefit (Pension) · DOL Form 5500 · 2023

Webster Bank, N. a. Pension Plan

Data updated 2026-08-25

$217M
Total assets Near avg plan size
575
Participants Below avg headcount
95th
Percentile by assets National rank
$377,684
Avg per participant High balance/head
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Official DOL plan name: Webster Bank Pension Plan · Sponsored by Webster Bank, N. a. · New York · Finance & Insurance

$217M in assets, 575 participants

Webster Bank, N. a.'s Webster Bank Pension Plan reported $217M in total assets and 575 participants in its 2023 DOL Form 5500 filing, ranking in the 95th 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.

  • #8,168 in Finance & Insurance (8,869 peers)

Where Webster Bank Pension Plan sits by assets

Webster Bank Pension Plan sits in the top 5% of all filed plans by assets, $217M for 575 participants (~$377,684/participant), up 7.8% in 2023.

#8,168
in Finance & Insurance (8,869 peers)
+7.8%
assets growth YoY
2.2×
vs typical plan assets (national mean)

Webster Bank Pension Plan's outsized position by total assets

Webster Bank Pension Plan vs every filed plan by assets

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

$217,168,552 Top 5% higher than 95% 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 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. Webster Bank Pension Plan sits mid-pack in the medium band (575 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Webster Bank Pension Plan reported net income rose from -$70M in the plan year 2022 filing to $16M in the plan year 2023 filing.
  • Webster Bank Pension Plan reported participants fell from 671 in the plan year 2022 filing to 575 in the plan year 2023 filing.
  • Webster Bank Pension Plan end-of-year assets rose from $201M in the plan year 2022 filing to $217M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 060273620 · Webster Bank, N. a. PY 2023 · Defined Benefit (Pension)

Webster Bank Pension Plan · $217M · 575 · 95th

  • NET $217M
  • BOOK 575
  • VS-ST 95th
  • BOY Defined Benefit (Pension)
  • SCH near Mfa Incorporated Retirement Plan
  • EBSA ind #8168

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 Pension Plan in the asset neighbourhood

Libbey Hourly Retirement Plan$217MWebster Bank Pension Plan$217MMfa Incorporated Retirement PlanMfa Incorporated Retirement …$217MNECA Local Union No 313 IBEW Pension PlanNECA Local Union No 313 IBEW…$217MNorthwest Bank Pension Plan$217M
End-of-year total assets ($M) among Webster 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)$201M
Net Assets (End of Year)$217M
Net Income$16M
Employer EIN060273620
Plan Effective Date1954-12-28
Filing StatusFILING RECEIVED

Sponsor Plan History (Webster Bank, N. a.)

Sponsor-wide plan assets over time

All Webster Bank, N. a. 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

Nearby Defined Benefit (Pension) Plans in New York

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

Webster Bank Pension Plan vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -100102030 Total assets ($B) Participants Webster Bank Pension Plan, Total assets ($B): 0.217168552 · Participants: 575Webster Bank Pension PlanIBM Personal Pension Plan, Total assets ($B): 24.955758896 · Participants: 14881IBM Personal Pension PlanConsolidated Edison Retirement Plan, Total assets ($B): 16.184377155 · Participants: 10779Consolidated Edison Retirement Plan1199seiu Health Care Employees Pension Fund, Total assets ($B): 16.16620463 · Participants: 1075821199seiu Health Care Employees Pension FundPfizer Consolidated Pension Plan, Total assets ($B): 10.955262618 · Participants: 9616Pfizer Consolidated Pension PlanPepsico Employees Retirement Plan I, Total assets ($B): 7.599669 · Participants: 12289Pepsico Employees Retirement Plan I
Webster Bank Pension Plan vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants
Compare Webster Bank Pension Plan side-by-side with 3 peers →

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

Outside New York, the nearest Defined Benefit (Pension) by assets is Mfa Incorporated Retirement Plan in MO ($217M); by covered participants it is Miner's, Inc. Defined Benefit Pension Plan in MN (576 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($217M here).

Similar participant headcount

Nearest other-state filings by covered participants (575 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 Bank Pension Plan assets move in 2023? ▼
Webster Bank Pension Plan grew at a solid clip - up 7.8% during 2023, from $201M to $217M. Reported net income was $16M.
How have Webster Bank, N. a. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Webster Bank, N. a.'s sponsor-wide assets grew 18.9%, from $1.1B to $1.3B.
Where does Webster Bank Pension Plan rank by assets among Form 5500 filers? ▼
Webster Bank Pension Plan ranks in the 95th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Webster Bank Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Mfa Incorporated Retirement Plan in MO ($217M, 1,183 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Webster Bank Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Miner's, Inc. Defined Benefit Pension Plan in MN (576 participants, $26M 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 060273620.

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.