401(k) · DOL Form 5500 · 2023

Watertown Savings Bank 401(k) Plan

Data updated 2026-08-25

$27M
Total assets Below avg plan size
117
Participants Small participant base
78th
Percentile by assets National rank
$233,555
Avg per participant Above avg balance/head
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Official DOL plan name: Watertown Savings Bank 401(k) Retirement Plan · Sponsored by Watertown Savings Bank · New York · Finance & Insurance

$27M in assets, 117 participants

Watertown Savings Bank's Watertown Savings Bank 401(k) Retirement Plan reported $27M in total assets and 117 participants in its 2023 DOL Form 5500 filing, ranking in the 78th 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.

  • #5,876 in Finance & Insurance (8,869 peers)

Coverage in New York

Watertown Savings Bank 401(k) Retirement Plan covers 117 participants in New York, about 15% of the average New York filer (state average ~798 per filing). Assets: $27M.

#5,876
in Finance & Insurance (8,869 peers)
+21.1%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Watertown Savings Bank 401(k) Retirement Plan's outsized position by total assets

Watertown Savings Bank 401(k) Retirement Plan vs every filed plan by assets

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

$27,325,931 Top 22% higher than 78% 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

Watertown Savings Bank 401(k) 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. Watertown Savings Bank 401(k) Retirement Plan sits mid-pack in the medium band (117 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Watertown Savings Bank 401(k) Retirement Plan reported net income rose from -$5M in the plan year 2022 filing to $5M in the plan year 2023 filing.
  • Watertown Savings Bank 401(k) Retirement Plan end-of-year assets rose from $23M in the plan year 2022 filing to $27M in the plan year 2023 filing.
  • Watertown Savings Bank 401(k) Retirement Plan reported participants rose from 111 in the plan year 2022 filing to 117 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 150486160 · Watertown Savings Bank PY 2023 · 401(k)

Watertown Savings Bank 401(k) Retirement Plan · $27M · 117 · 78th

  • EOY $27M
  • 5500 117
  • ASSETS 78th
  • PCT 401(k)
  • EIN near Founders Brewing Company 401(k) Profit Sharing Plan
  • RANK ind #5876

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 →

Watertown Savings Bank 401(k) Retirement Plan in the asset neighbourhood

Watertown Savings Bank 401(k) Retirement PlanWatertown Savings Bank 401(k…$27MWelldyne Rx 401(k) Retirement Plan PlanWelldyne Rx 401(k) Retiremen…$27MAcp Creativit, LLC 401(k) PlanAcp Creativit, LLC 401(k) Pl…$27MKast Construction and Grit Construction Services 401(k) PlanKast Construction and Grit C…$27MFounders Brewing Company 401(k) Profit Sharing PlanFounders Brewing Company 401…$27M
End-of-year total assets ($M) among Watertown Savings Bank 401(k) Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

New York filing particulars

Total Assets (Beginning of Year)$23M
Net Assets (End of Year)$27M
Net Income$5M
Employer EIN150486160
Plan Effective Date2006-03-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Watertown Savings Bank)

Sponsor-wide plan assets over time

All Watertown Savings Bank plans reported in each filing year

Latest sponsor-wide plan assets
$31M 39.170193095445384% vs 2022
2024 filing year
$20M$25M$30M$35M 202220232024 $22.6M $31.4M ▲ +39.1%
Year Plans Participants Total Assets
2022 1 111 $23M
2023 1 117 $27M
2024 1 113 $31M

Nearby 401(k) Plans in New York

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

Watertown Savings Bank 401(k) Retirement Plan vs. nearby 401(k) plans in New York, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -20020406080 Total assets ($B) Participants Watertown Savings Bank 401(k) Retirement Plan, Total assets ($B): 0.027325931 · Participants: 117Watertown Savings Bank 401(k) Retirement PlanIBM 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
Watertown Savings Bank 401(k) Retirement Plan vs. nearby 401(k) plans in New York, assets vs. participants
Compare Watertown Savings Bank 401(k) Retirement Plan side-by-side with 3 peers →

Watertown Savings Bank 401(k) Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside New York, the nearest 401(k) by assets is Founders Brewing Company 401(k) Profit Sharing Plan in MI ($27M); by covered participants it is Carteret Management Corporation 401(k) Plan in FL (117 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (117 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 Watertown Savings Bank 401(k) Retirement Plan assets move in 2023? ▼
Watertown Savings Bank 401(k) Retirement Plan grew sharply - up 21.1% during 2023, from $23M to $27M. Reported net income was $5M.
How have Watertown Savings Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Watertown Savings Bank's sponsor-wide assets grew 39.2%, from $23M to $31M.
Where does Watertown Savings Bank 401(k) Retirement Plan rank by assets among Form 5500 filers? ▼
Watertown Savings Bank 401(k) Retirement Plan ranks in the 78th 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 401(k) plans are similar in size to Watertown Savings Bank 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Founders Brewing Company 401(k) Profit Sharing Plan in MI ($27M, 475 participants).
Which 401(k) plans cover a similar participant headcount to Watertown Savings Bank 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Carteret Management Corporation 401(k) Plan in FL (117 participants, $673K 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 150486160.

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.