Defined Benefit (Pension) · DOL Form 5500 · 2023

Union Savings Bank Pension Plan

Data updated 2026-08-25

$116M
Total assets Near avg plan size
306
Participants Below avg headcount
92nd
Percentile by assets National rank
$378,048
Avg per participant High balance/head
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Official DOL plan name: Union Savings Bank Retirement Plan · Sponsored by Union Savings Bank · Connecticut · Finance & Insurance

$116M in assets, 306 participants

Union Savings Bank's Union Savings Bank Retirement Plan reported $116M in total assets and 306 participants in its 2023 DOL Form 5500 filing, ranking in the 92nd 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.

  • #7,805 in Finance & Insurance (8,869 peers)

Coverage in Connecticut

Union Savings Bank Retirement Plan covers 306 participants in Connecticut, about 43% of the average Connecticut filer (state average ~718 per filing). Assets: $116M.

#7,805
in Finance & Insurance (8,869 peers)
+9.0%
assets growth YoY
1.2×
vs typical plan assets (national mean)

Union Savings Bank Retirement Plan's outsized position by total assets

Union Savings Bank Retirement Plan vs every filed plan by assets

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

$115,682,652 Top 8% higher than 92% 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

Union Savings Bank Retirement 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. Union Savings Bank Retirement Plan sits mid-pack in the medium band (306 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Union Savings Bank Retirement Plan reported net income rose from -$26M in the plan year 2022 filing to $10M in the plan year 2023 filing.
  • Union Savings Bank Retirement Plan end-of-year assets rose from $106M in the plan year 2022 filing to $116M in the plan year 2023 filing.
  • Union Savings Bank Retirement Plan reported participants fell from 330 in the plan year 2022 filing to 306 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 060570800 · Union Savings Bank PY 2023 · Defined Benefit (Pension)

Union Savings Bank Retirement Plan · $116M · 306 · 92nd

  • VS-ST $116M
  • VS-ST 306
  • VS-ST 92nd
  • VS-ST Defined Benefit (Pension)
  • VS-ST near Delta Dental of New Jersey, Inc. Pension Plan
  • VS-ST ind #7805

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 →

Union Savings Bank Retirement Plan in the asset neighbourhood

Delta Dental of New Jersey, Inc. Pension PlanDelta Dental of New Jersey, …$116MUnion Savings Bank Retirement PlanUnion Savings Bank Retiremen…$116MHecla Mining Company Restated Retirement PlanHecla Mining Company Restate…$116MBdo USA, LLP Cash Balance PlanBdo USA, LLP Cash Balance Pl…$116MOwensboro Health Retirement PlanOwensboro Health Retirement …$116M
End-of-year total assets ($M) among Union Savings Bank Retirement Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Connecticut filing particulars

Total Assets (Beginning of Year)$106M
Net Assets (End of Year)$116M
Net Income$10M
Employer EIN060570800
Plan Effective Date1947-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Union Savings Bank)

Sponsor-wide plan assets over time

All Union Savings Bank plans reported in each filing year

Latest sponsor-wide plan assets
$191M 17.158906304260768% vs 2022
2024 filing year
$160M$170M$180M$190M$200M 202220232024 $163M $191M ▲ +17.2%
Year Plans Participants Total Assets
2022 2 680 $163M
2023 2 659 $183M
2024 2 675 $191M

Nearby Defined Benefit (Pension) Plans in Connecticut

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

Union Savings Bank Retirement Plan vs. nearby Defined Benefit (Pension) plans in Connecticut, assets vs. participants Scatter plot of 6 data points. -100000100002000030000 -1001020304050 Total assets ($B) Participants Union Savings Bank Retirement Plan, Total assets ($B): 0.115682652 · Participants: 306Union Savings Bank Retirement 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
Union Savings Bank Retirement Plan vs. nearby Defined Benefit (Pension) plans in Connecticut, assets vs. participants
Compare Union Savings Bank Retirement Plan side-by-side with 3 peers →

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

Outside Connecticut, the nearest Defined Benefit (Pension) by assets is Delta Dental of New Jersey, Inc. Pension Plan in NJ ($116M); by covered participants it is Iso New England Inc. Retirement Plan in MA (306 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($116M here).

Similar participant headcount

Nearest other-state filings by covered participants (306 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 Union Savings Bank Retirement Plan assets move in 2023? ▼
Union Savings Bank Retirement Plan grew at a solid clip - up 9.0% during 2023, from $106M to $116M. Reported net income was $10M.
How have Union Savings Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Union Savings Bank's sponsor-wide assets grew 17.2%, from $163M to $191M.
Where does Union Savings Bank Retirement Plan rank by assets among Form 5500 filers? ▼
Union Savings Bank Retirement Plan ranks in the 92nd 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 Union Savings Bank Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Delta Dental of New Jersey, Inc. Pension Plan in NJ ($116M, 240 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Union Savings Bank Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Iso New England Inc. Retirement Plan in MA (306 participants, $160M 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 060570800.

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.