Defined Benefit (Pension) · DOL Form 5500 · 2023

Newtown Savings Bank Pension Plan

Data updated 2026-08-25

$12M
Total assets Small plan by assets
51
Participants Small participant base
62nd
Percentile by assets National rank
$226,496
Avg per participant Above avg balance/head
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Official DOL plan name: Newtown Savings Bank Defined Benefit Pension Plan · Sponsored by Newtown Savings Bank · Connecticut · Finance & Insurance

$12M in assets, 51 participants

Newtown Savings Bank's Newtown Savings Bank Defined Benefit Pension Plan reported $12M in total assets and 51 participants in its 2023 DOL Form 5500 filing, ranking in the 62nd 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.

  • #4,123 in Finance & Insurance (8,869 peers)

Newtown Savings Bank multi-year trail

Newtown Savings Bank's plans moved +11.7% in assets from 2022 to 2024; this filing shows Newtown Savings Bank Defined Benefit Pension Plan at $12M / 51 participants.

#4,123
in Finance & Insurance (8,869 peers)
-3.6%
assets change YoY

The plan reported a net loss of $426K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Newtown Savings Bank Defined Benefit Pension Plan's mid-pack asset rank among Finance & Insurance and all filers

Newtown Savings Bank Defined Benefit Pension Plan vs every filed plan by assets

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

$11,551,318 Top 38% higher than 62% 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

Newtown Savings Bank Defined Benefit Pension Plan among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Newtown Savings Bank Defined Benefit Pension Plan is a small filing (51 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Newtown Savings Bank Defined Benefit Pension Plan reported net income rose from -$454K in the plan year 2022 filing to -$426K in the plan year 2023 filing.
  • Newtown Savings Bank Defined Benefit Pension Plan reported participants fell from 54 in the plan year 2022 filing to 51 in the plan year 2023 filing.
  • Newtown Savings Bank Defined Benefit Pension Plan end-of-year assets fell from $12M in the plan year 2022 filing to $12M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 060472240 · Newtown Savings Bank PY 2023 · Defined Benefit (Pension)

Newtown Savings Bank Defined Benefit Pension Plan · $12M · 51 · 62nd

  • SCH $12M
  • EBSA 51
  • PART 62nd
  • TYPE Defined Benefit (Pension)
  • NET near Spartanburg Steel Products, Inc. Retirement Plan for Salaried Employees
  • BOOK ind #4123

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 →

Newtown Savings Bank Defined Benefit Pension Plan in the asset neighbourhood

The New York Community Hospital of Brooklyn, Inc. Employees' Pension PlanThe New York Community Hospi…$12MAmersham Health Inc. Puerto Rico Pension PlanAmersham Health Inc. Puerto …$12MNewtown Savings Bank Defined Benefit Pension PlanNewtown Savings Bank Defined…$12MSpartanburg Steel Products, Inc. Retirement Plan for Salaried EmployeesSpartanburg Steel Products, …$12MTransitional Services for New York, Inc. Defined Benefit PlanTransitional Services for Ne…$12M
End-of-year total assets ($M) among Newtown Savings Bank Defined Benefit Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Newtown Savings Bank multi-year asset trail

Sponsor-wide plan assets over time

All Newtown Savings Bank plans reported in each filing year

Latest sponsor-wide plan assets
$48M 11.713889388773916% vs 2022
2024 filing year
$42M$44M$46M$48M$50M 202220232024 $43M $48M ▲ +11.7%
Year Plans Participants Total Assets
2022 2 291 $43M
2023 2 294 $49M
2024 2 296 $48M

Newtown Savings Bank filing trail (2023)

Total Assets (Beginning of Year)$12M
Net Assets (End of Year)$12M
Net Income-$426K
Employer EIN060472240
Plan Effective Date1958-10-01
Filing StatusFILING RECEIVED

Nearby Defined Benefit (Pension) Plans in Connecticut

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

Newtown Savings Bank Defined Benefit Pension Plan vs. nearby Defined Benefit (Pension) plans in Connecticut, assets vs. participants Scatter plot of 6 data points. -100000100002000030000 -1001020304050 Total assets ($B) Participants Newtown Savings Bank Defined Benefit Pension Plan, Total assets ($B): 0.011551318 · Participants: 51Newtown Savings Bank Defined Benefit Pension PlanRtx 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
Newtown Savings Bank Defined Benefit Pension Plan vs. nearby Defined Benefit (Pension) plans in Connecticut, assets vs. participants
Compare Newtown Savings Bank Defined Benefit Pension Plan side-by-side with 3 peers →

Newtown Savings Bank Defined Benefit Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Connecticut, the nearest Defined Benefit (Pension) by assets is Spartanburg Steel Products, Inc. Retirement Plan for Salaried Employees in SC ($12M); by covered participants it is Woodward Fst Employees' Pension Plan in CO (51 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (51 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 Newtown Savings Bank Defined Benefit Pension Plan assets move in 2023? ▼
Newtown Savings Bank Defined Benefit Pension Plan edged down modestly - down 3.6% during 2023, from $12M to $12M. Reported net income was -$426K.
How have Newtown Savings Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Newtown Savings Bank's sponsor-wide assets grew 11.7%, from $43M to $48M.
Which Defined Benefit (Pension) plans are similar in size to Newtown Savings Bank Defined Benefit Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Spartanburg Steel Products, Inc. Retirement Plan for Salaried Employees in SC ($12M, 52 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Newtown Savings Bank Defined Benefit Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Woodward Fst Employees' Pension Plan in CO (51 participants, $20M 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 060472240.

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.