Defined Benefit (Pension) · DOL Form 5500 · 2023

Thomaston Savings Bank Pension Plan

Data updated 2026-08-25

$64M
Total assets Below avg plan size
168
Participants Small participant base
88th
Percentile by assets National rank
$379,958
Avg per participant High balance/head
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Official DOL plan name: The Retirement Plan for Employees of Thomaston Savings Bank · Sponsored by Thomaston Savings Bank · Connecticut · Finance & Insurance

$64M in assets, 168 participants

Thomaston Savings Bank's The Retirement Plan for Employees of Thomaston Savings Bank reported $64M in total assets and 168 participants in its 2023 DOL Form 5500 filing, ranking in the 88th 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.

  • #7,210 in Finance & Insurance (8,869 peers)

Coverage in Connecticut

The Retirement Plan for Employees of Thomaston Savings Bank covers 168 participants in Connecticut, about 23% of the average Connecticut filer (state average ~718 per filing). Assets: $64M.

#7,210
in Finance & Insurance (8,869 peers)
+12.8%
assets growth YoY
0.6×
vs typical plan assets (national mean)

The Retirement Plan for Employees of Thomaston Savings Bank's outsized position by total assets

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

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

$63,832,955 Top 12% higher than 88% 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

The Retirement Plan for Employees of Thomaston Savings Bank 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. The Retirement Plan for Employees of Thomaston Savings Bank sits mid-pack in the medium band (168 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • The Retirement Plan for Employees of Thomaston Savings Bank reported net income rose from $6M in the plan year 2022 filing to $7M in the plan year 2023 filing.
  • The Retirement Plan for Employees of Thomaston Savings Bank end-of-year assets rose from $57M in the plan year 2022 filing to $64M in the plan year 2023 filing.
  • The Retirement Plan for Employees of Thomaston Savings Bank reported participants fell from 186 in the plan year 2022 filing to 168 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 060561730 · Thomaston Savings Bank PY 2023 · Defined Benefit (Pension)

The Retirement Plan for Employees of Thomaston Savings Bank · $64M · 168 · 88th

  • RANK $64M
  • PHOTO 168
  • IND 88th
  • EOY Defined Benefit (Pension)
  • 5500 near Cape Regional Health System, Inc. Pension Plan
  • ASSETS ind #7210

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 Thomaston Savings Bank in the asset neighbourhood

Pension Fund of Local 11, IatsePension Fund of Local 11, Ia…$64MCape Regional Health System, Inc. Pension PlanCape Regional Health System,…$64MThe Retirement Plan for Employees of Thomaston Savings BankThe Retirement Plan for Empl…$64MEarle M. Jorgensen Hourly Employees Pension PlanEarle M. Jorgensen Hourly Em…$64MCorning Hospital Pension Plan$64M
End-of-year total assets ($M) among The Retirement Plan for Employees of Thomaston Savings Bank and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Connecticut filing particulars

Total Assets (Beginning of Year)$57M
Net Assets (End of Year)$64M
Net Income$7M
Employer EIN060561730
Plan Effective Date1948-09-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Thomaston Savings Bank)

Sponsor-wide plan assets over time

All Thomaston Savings Bank plans reported in each filing year

Latest sponsor-wide plan assets
$95M 22.887394209539895% vs 2022
2024 filing year
$70M$80M$90M$100M 202220232024 $77.2M $94.9M ▲ +22.9%
Year Plans Participants Total Assets
2022 2 428 $77M
2023 2 401 $88M
2024 2 385 $95M

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 Thomaston Savings Bank vs. nearby Defined Benefit (Pension) plans in Connecticut, assets vs. participants Scatter plot of 6 data points. -100000100002000030000 -1001020304050 Total assets ($B) Participants The Retirement Plan for Employees of Thomaston Savings Bank, Total assets ($B): 0.063832955 · Participants: 168The Retirement Plan for Employees of Thomaston 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 Thomaston Savings Bank vs. nearby Defined Benefit (Pension) plans in Connecticut, assets vs. participants

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

Outside Connecticut, the nearest Defined Benefit (Pension) by assets is Cape Regional Health System, Inc. Pension Plan in NJ ($64M); by covered participants it is Cash Balance Plan for Partners & Sr. Staff of Stb LLP in NY (168 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($64M here).

Similar participant headcount

Nearest other-state filings by covered participants (168 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 The Retirement Plan for Employees of Thomaston Savings Bank assets move in 2023?
The Retirement Plan for Employees of Thomaston Savings Bank grew at a solid clip - up 12.8% during 2023, from $57M to $64M. Reported net income was $7M.
How have Thomaston Savings Bank plan assets changed over time?
Across 3 plan years on file (2022-2024), Thomaston Savings Bank's sponsor-wide assets grew 22.9%, from $77M to $95M.
Where does The Retirement Plan for Employees of Thomaston Savings Bank rank by assets among Form 5500 filers?
The Retirement Plan for Employees of Thomaston Savings Bank ranks in the 88th 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 Defined Benefit (Pension) plans are similar in size to The Retirement Plan for Employees of Thomaston Savings Bank?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Cape Regional Health System, Inc. Pension Plan in NJ ($64M, 254 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to The Retirement Plan for Employees of Thomaston Savings Bank?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Cash Balance Plan for Partners & Sr. Staff of Stb LLP in NY (168 participants, $170M in assets).