Defined Benefit (Pension) · DOL Form 5500 · 2023

Guilford Savings Bank Pension Plan

Data updated 2026-08-25

$5M
Total assets Small plan by assets
N/A
Participants Small participant base
42nd
Percentile by assets National rank
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Official DOL plan name: The Retirement Plan for Employees of the Guilford Savings Bank · Sponsored by Guilford Savings Bank · Connecticut · Finance & Insurance

$5M in assets, N/A participants

Guilford Savings Bank's The Retirement Plan for Employees of the Guilford Savings Bank reported $5M in total assets and N/A participants in its 2023 DOL Form 5500 filing, ranking in the 42nd 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.

  • #2,639 in Finance & Insurance (8,869 peers)

Guilford Savings Bank multi-year trail

Guilford Savings Bank's plans moved +30.2% in assets from 2022 to 2024; this filing shows The Retirement Plan for Employees of the Guilford Savings Bank at $5M / N/A participants.

#2,639
in Finance & Insurance (8,869 peers)
-3.8%
assets change YoY

The plan reported a net loss of $179K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

The Retirement Plan for Employees of the Guilford Savings Bank's mid-pack asset rank among Finance & Insurance and all filers

The Retirement Plan for Employees of the Guilford Savings Bank vs every filed plan by assets

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

$4,512,726 42nd percentile higher than 42% 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

Filed plans by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • The Retirement Plan for Employees of the Guilford Savings Bank reported net income rose from -$352K in the plan year 2022 filing to -$179K in the plan year 2023 filing.
  • The Retirement Plan for Employees of the Guilford Savings Bank end-of-year assets fell from $5M in the plan year 2022 filing to $5M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 060377390 · Guilford Savings Bank PY 2023 · Defined Benefit (Pension)

The Retirement Plan for Employees of the Guilford Savings Bank · $5M · N/A · 42nd

  • EBSA $5M
  • PART N/A
  • TYPE 42nd
  • NET Defined Benefit (Pension)
  • BOOK near Shoprite Supermarkets, Inc. Retail Clerks Employees' Retirement Plan
  • VS-ST ind #2639

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 →

The Retirement Plan for Employees of the Guilford Savings Bank in the asset neighbourhood

IBEW Eastern States Pension PlanIBEW Eastern States Pension …$5MThe Retirement Plan for Employees of the Guilford Savings BankThe Retirement Plan for Empl…$5MShoprite Supermarkets, Inc. Retail Clerks Employees' Retirement PlanShoprite Supermarkets, Inc. …$5MPersonal Finance Company LLC Retirement Plan and Trust AgreementPersonal Finance Company LLC…$5MRichmond Santa Rosa Vallejo Newspaper Guild Retirement PlanRichmond Santa Rosa Vallejo …$5M
End-of-year total assets ($M) among The Retirement Plan for Employees of the Guilford Savings Bank and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Guilford Savings Bank multi-year asset trail

Sponsor-wide plan assets over time

All Guilford Savings Bank plans reported in each filing year

Latest sponsor-wide plan assets
$27M 30.152129491943917% vs 2022
2024 filing year
$20M$22M$24M$26M$28M$30M 202220232024 $21.1M $27.5M ▲ +30.2%
Year Plans Participants Total Assets
2022 2 140 $21M
2023 2 136 $24M
2024 2 155 $27M

Guilford Savings Bank filing trail (2023)

Total Assets (Beginning of Year)$5M
Net Assets (End of Year)$5M
Net Income-$179K
Employer EIN060377390
Plan Effective Date1949-04-01
Filing StatusFILING RECEIVED

Nearby Defined Benefit (Pension) Plans in Connecticut

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

The Retirement Plan for Employees of the Guilford Savings Bank vs. nearby Defined Benefit (Pension) plans in Connecticut, assets vs. participants Scatter plot of 6 data points. -100000100002000030000 -1001020304050 Total assets ($B) Participants The Retirement Plan for Employees of the Guilford Savings Bank, Total assets ($B): 0.004512726 · Participants: 0The Retirement Plan for Employees of the Guilford Savings BankRtx 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
The Retirement Plan for Employees of the Guilford Savings Bank vs. nearby Defined Benefit (Pension) plans in Connecticut, assets vs. participants

The Retirement Plan for Employees of the Guilford Savings Bank's closest out-of-state Defined Benefit (Pension) peers by assets

Outside Connecticut, the nearest Defined Benefit (Pension) by end-of-year assets is Shoprite Supermarkets, Inc. Retail Clerks Employees' Retirement Plan in NY at $5M (this filing: $5M).

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 The Retirement Plan for Employees of the Guilford Savings Bank assets move in 2023?
The Retirement Plan for Employees of the Guilford Savings Bank edged down modestly - down 3.8% during 2023, from $5M to $5M. Reported net income was -$179K.
How have Guilford Savings Bank plan assets changed over time?
Across 3 plan years on file (2022-2024), Guilford Savings Bank's sponsor-wide assets grew 30.2%, from $21M to $27M.
Which Defined Benefit (Pension) plans are similar in size to The Retirement Plan for Employees of the Guilford Savings Bank?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Shoprite Supermarkets, Inc. Retail Clerks Employees' Retirement Plan in NY ($5M, N/A participants).