Other
2023 plan-year Other DOL Form 5500

Territorial Savings Bank Amended and Restated ESOP

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by Territorial Savings Bank · Hawaii · Finance & Insurance

What the 2023 filing shows

Territorial Savings Bank Amended and Restated ESOP holds $11M for 221 participants — about $49,978 per participant, down 50.9% over the 2023 plan year.

$11M
total plan assets (2023 EOY)
221
covered participants
$49,978
avg assets per participant
-50.9%
assets change YoY

The plan reported a net loss of $11M for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$11M
Participants
221
State
Industry
Finance & Insurance

What the Filing Says About Territorial Savings Bank Amended and Restated ESOP

Territorial Savings Bank Amended and Restated ESOP is a Other retirement plan sponsored by Territorial Savings Bank, headquartered in Hawaii. As of the 2023 Form 5500 filing, the plan reports $11M in total end-of-year assets and covers 221 participants across the Finance & Insurance industry. The sponsor's EIN on file with the U.S. Department of Labor is 990056630, and the plan has been effective since 2009-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $22M at the beginning of 2023 to $11M at year-end — a decline of 50.9%. Net assets (after liabilities) closed the year at $8M, with reported net income of $-10,940,249 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$22M
Total Assets (End of Year)$11M
Net Assets (End of Year)$8M
Net Income$-10,940,249
Plan TypeOther
Employer EIN990056630
Plan Effective Date2009-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Territorial Savings Bank)

Year Plans Participants Total Assets
2022 3 609 $78M
2023 3 565 $70M
2024 4 1,096 $148M

Nearby Other Plans in Hawaii

Peer Other plans — same state, same plan type — ranked by total assets.

Frequently Asked Questions

How much money is in the Territorial Savings Bank Amended and Restated ESOP?
As of the 2023 Form 5500 filing, Territorial Savings Bank Amended and Restated ESOP holds $11M in total assets with 221 participants. It is sponsored by Territorial Savings Bank.
What type of plan is Territorial Savings Bank Amended and Restated ESOP?
Territorial Savings Bank Amended and Restated ESOP is a Other plan. It has been effective since 2009-01-01. The plan is filed with the U.S. Department of Labor under EIN 990056630.
Who sponsors the Territorial Savings Bank Amended and Restated ESOP?
Territorial Savings Bank Amended and Restated ESOP is sponsored by Territorial Savings Bank, located in Hawaii. The sponsor's EIN is 990056630 and the plan operates in the Finance & Insurance industry.
How did Territorial Savings Bank Amended and Restated ESOP perform in 2023?
Territorial Savings Bank Amended and Restated ESOP declined by 50.9% during 2023, moving from $22M to $11M in total assets. Net income was $-10,940,249.
Where can I find official filings for Territorial Savings Bank Amended and Restated ESOP?
Official Form 5500 filings for Territorial Savings Bank Amended and Restated ESOP are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 990056630 or plan name at efast.dol.gov.
How does Territorial Savings Bank Amended and Restated ESOP compare to other plans?
You can compare Territorial Savings Bank Amended and Restated ESOP against other Other plans on the plan type page, or view plans in Hawaii on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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 990056630.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.