401(k) · DOL Form 5500 · 2023

Ridgewood Savings Bank 401(k) Plan

Data updated 2026-08-25

$118M
Total assets Near avg plan size
497
Participants Below avg headcount
92nd
Percentile by assets National rank
$238,057
Avg per participant Above avg balance/head
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Official DOL plan name: Ridgewood Savings Bank Profit Sharing and 401 (K) Plan · Sponsored by Ridgewood Savings Bank · New York · Finance & Insurance

$118M in assets, 497 participants

Ridgewood Savings Bank's Ridgewood Savings Bank Profit Sharing and 401 (K) Plan reported $118M in total assets and 497 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.

  • #7,820 in Finance & Insurance (8,869 peers)

Where Ridgewood Savings Bank Profit Sharing and 401 (K) Plan sits by assets

Ridgewood Savings Bank Profit Sharing and 401 (K) Plan sits in the top 10% of all filed plans by assets, $118M for 497 participants (~$238,057/participant), up 16.2% in 2023.

#7,820
in Finance & Insurance (8,869 peers)
+16.2%
assets growth YoY
1.2×
vs typical plan assets (national mean)

Ridgewood Savings Bank Profit Sharing and 401 (K) Plan's outsized position by total assets

Ridgewood Savings Bank Profit Sharing and 401 (K) Plan vs every filed plan by assets

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

$118,314,237 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

Ridgewood Savings Bank Profit Sharing and 401 (K) 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. Ridgewood Savings Bank Profit Sharing and 401 (K) Plan sits mid-pack in the medium band (497 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Ridgewood Savings Bank Profit Sharing and 401 (K) Plan reported net income rose from -$24M in the plan year 2022 filing to $16M in the plan year 2023 filing.
  • Ridgewood Savings Bank Profit Sharing and 401 (K) Plan end-of-year assets rose from $102M in the plan year 2022 filing to $118M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 111241830 · Ridgewood Savings Bank PY 2023 · 401(k)

Ridgewood Savings Bank Profit Sharing and 401 (K) Plan · $118M · 497 · 92nd

  • NET $118M
  • NET 497
  • NET 92nd
  • NET 401(k)
  • NET near The Donohoe Profit Sharing 401(k) Savings Plan
  • NET ind #7820

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 →

Ridgewood Savings Bank Profit Sharing and 401 (K) Plan in the asset neighbourhood

Athena Health Care Associates, Inc. 401(k) PlanAthena Health Care Associate…$118MRidgewood Savings Bank Profit Sharing and 401 (K) PlanRidgewood Savings Bank Profi…$118MThe Donohoe Profit Sharing 401(k) Savings PlanThe Donohoe Profit Sharing 4…$118MUniv of Wi Cu Retirement Savings Plan and TrustUniv of Wi Cu Retirement Sav…$118MFender Musical Instruments 401(k) PlanFender Musical Instruments 4…$118M
End-of-year total assets ($M) among Ridgewood Savings Bank Profit Sharing and 401 (K) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$102M
Net Assets (End of Year)$118M
Net Income$16M
Employer EIN111241830
Plan Effective Date1978-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Ridgewood Savings Bank)

Sponsor-wide plan assets over time

All Ridgewood Savings Bank plans reported in each filing year

Latest sponsor-wide plan assets
$299M 22.88703401129038% vs 2022
2024 filing year
$220M$240M$260M$280M$300M$320M 202220232024 $243M $299M ▲ +22.9%
Year Plans Participants Total Assets
2022 2 722 $243M
2023 2 702 $281M
2024 2 696 $299M

Nearby 401(k) Plans in New York

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

Ridgewood Savings Bank Profit Sharing and 401 (K) Plan vs. nearby 401(k) plans in New York, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -20020406080 Total assets ($B) Participants Ridgewood Savings Bank Profit Sharing and 401 (K) Plan, Total assets ($B): 0.118314237 · Participants: 497Ridgewood Savings Bank Profit Sharing and 401 (K) 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
Ridgewood Savings Bank Profit Sharing and 401 (K) Plan vs. nearby 401(k) plans in New York, assets vs. participants
Compare Ridgewood Savings Bank Profit Sharing and 401 (K) Plan side-by-side with 3 peers →

Ridgewood Savings Bank Profit Sharing and 401 (K) Plan's out-of-state 401(k) peers by assets and headcount

Outside New York, the nearest 401(k) by assets is The Donohoe Profit Sharing 401(k) Savings Plan in MD ($118M); by covered participants it is First York Ban Corp and Subsidiaries Profit Sharing Plan in NE (497 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (497 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 Ridgewood Savings Bank Profit Sharing and 401 (K) Plan assets move in 2023? ▼
Ridgewood Savings Bank Profit Sharing and 401 (K) Plan grew sharply - up 16.2% during 2023, from $102M to $118M. Reported net income was $16M.
How have Ridgewood Savings Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Ridgewood Savings Bank's sponsor-wide assets grew 22.9%, from $243M to $299M.
Where does Ridgewood Savings Bank Profit Sharing and 401 (K) Plan rank by assets among Form 5500 filers? ▼
Ridgewood Savings Bank Profit Sharing and 401 (K) 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 401(k) plans are similar in size to Ridgewood Savings Bank Profit Sharing and 401 (K) Plan? ▼
Among 401(k) plans in other states, the closest by assets is The Donohoe Profit Sharing 401(k) Savings Plan in MD ($118M, 741 participants).
Which 401(k) plans cover a similar participant headcount to Ridgewood Savings Bank Profit Sharing and 401 (K) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is First York Ban Corp and Subsidiaries Profit Sharing Plan in NE (497 participants, $49M 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 111241830.

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.