401(k) · DOL Form 5500 · 2023

Newtown Savings Bank 401(k) Plan

Data updated 2026-08-25

$38M
Total assets Below avg plan size
243
Participants Below avg headcount
82nd
Percentile by assets National rank
$154,327
Avg per participant Above avg balance/head
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Official DOL plan name: Newtown Savings Bank Employees' 401(k) Savings Plan · Sponsored by Newtown Savings Bank · Connecticut · Finance & Insurance

$38M in assets, 243 participants

Newtown Savings Bank's Newtown Savings Bank Employees' 401(k) Savings Plan reported $38M in total assets and 243 participants in its 2023 DOL Form 5500 filing, ranking in the 82nd 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.

  • #6,453 in Finance & Insurance (8,869 peers)

Coverage in Connecticut

Newtown Savings Bank Employees' 401(k) Savings Plan covers 243 participants in Connecticut, about 34% of the average Connecticut filer (state average ~718 per filing). Assets: $38M.

#6,453
in Finance & Insurance (8,869 peers)
+20.9%
assets growth YoY
0.4×
vs typical plan assets (national mean)

Newtown Savings Bank Employees' 401(k) Savings Plan's outsized position by total assets

Newtown Savings Bank Employees' 401(k) Savings Plan vs every filed plan by assets

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

$37,501,480 Top 18% higher than 82% 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 Employees' 401(k) Savings 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. Newtown Savings Bank Employees' 401(k) Savings Plan sits mid-pack in the medium band (243 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Newtown Savings Bank Employees' 401(k) Savings Plan reported net income rose from $4M in the plan year 2022 filing to $6M in the plan year 2023 filing.
  • Newtown Savings Bank Employees' 401(k) Savings Plan end-of-year assets rose from $31M in the plan year 2022 filing to $38M in the plan year 2023 filing.
  • Newtown Savings Bank Employees' 401(k) Savings Plan reported participants rose from 237 in the plan year 2022 filing to 243 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 · 401(k)

Newtown Savings Bank Employees' 401(k) Savings Plan · $38M · 243 · 82nd

  • SCH $38M
  • SCH 243
  • SCH 82nd
  • SCH 401(k)
  • SCH near Lexington Eye Associates, Inc. Retirement Savings Plan
  • SCH ind #6453

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 Employees' 401(k) Savings Plan in the asset neighbourhood

United Refining Company Incentive Savings Plan for Hourly EmployeesUnited Refining Company Ince…$38MNewtown Savings Bank Employees' 401(k) Savings PlanNewtown Savings Bank Employe…$38MLexington Eye Associates, Inc. Retirement Savings PlanLexington Eye Associates, In…$38MRed Hawk Casino 401(k) Plan$38MThe Phoenix Forge Group 401(k) Savings PlanThe Phoenix Forge Group 401(…$38M
End-of-year total assets ($M) among Newtown Savings Bank Employees' 401(k) Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Connecticut filing particulars

Total Assets (Beginning of Year)$31M
Net Assets (End of Year)$38M
Net Income$6M
Employer EIN060472240
Plan Effective Date1992-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Newtown Savings Bank)

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

Nearby 401(k) Plans in Connecticut

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

Newtown Savings Bank Employees' 401(k) Savings Plan vs. nearby 401(k) plans in Connecticut, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -200204060 Total assets ($B) Participants Newtown Savings Bank Employees' 401(k) Savings Plan, Total assets ($B): 0.03750148 · Participants: 243Newtown Savings Bank Employees' 401(k) Savings PlanRtx Savings Plan, Total assets ($B): 52.759784 · Participants: 123037Rtx Savings PlanCiti Retirement Savings Plan, Total assets ($B): 20.653030659 · Participants: 77865Citi Retirement Savings PlanThe Hartford Investment and Savings Plan, Total assets ($B): 6.478512 · Participants: 18377The Hartford Investment and Savings PlanXerox Corporation Savings Plan, Total assets ($B): 3.948866 · Participants: 10291Xerox Corporation Savings PlanEversource 401(k) Plan, Total assets ($B): 3.751712453 · Participants: 9504Eversource 401(k) Plan
Newtown Savings Bank Employees' 401(k) Savings Plan vs. nearby 401(k) plans in Connecticut, assets vs. participants
Compare Newtown Savings Bank Employees' 401(k) Savings Plan side-by-side with 3 peers →

Newtown Savings Bank Employees' 401(k) Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Connecticut, the nearest 401(k) by assets is Lexington Eye Associates, Inc. Retirement Savings Plan in MA ($38M); by covered participants it is Ebq Retirement Plan in TX (243 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (243 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 Employees' 401(k) Savings Plan assets move in 2023? ▼
Newtown Savings Bank Employees' 401(k) Savings Plan grew sharply - up 20.9% during 2023, from $31M to $38M. Reported net income was $6M.
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.
Where does Newtown Savings Bank Employees' 401(k) Savings Plan rank by assets among Form 5500 filers? ▼
Newtown Savings Bank Employees' 401(k) Savings Plan ranks in the 82nd 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 401(k) plans are similar in size to Newtown Savings Bank Employees' 401(k) Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Lexington Eye Associates, Inc. Retirement Savings Plan in MA ($38M, 117 participants).
Which 401(k) plans cover a similar participant headcount to Newtown Savings Bank Employees' 401(k) Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Ebq Retirement Plan in TX (243 participants, $2M 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.