Defined Benefit (Pension) · DOL Form 5500 · 2023

Ballston Spa National Bank Pension Plan

Data updated 2026-08-25

$22M
Total assets Small plan by assets
88
Participants Small participant base
75th
Percentile by assets National rank
$255,317
Avg per participant Above avg balance/head
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Official DOL plan name: Ballston Spa National Bank Pension Plan · Sponsored by Ballston Spa National Bank · New York · Finance & Insurance

$22M in assets, 88 participants

Ballston Spa National Bank's Ballston Spa National Bank Pension Plan reported $22M in total assets and 88 participants in its 2023 DOL Form 5500 filing, ranking in the 75th 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.

  • #5,497 in Finance & Insurance (8,869 peers)

Where Ballston Spa National Bank Pension Plan sits by assets

Ballston Spa National Bank Pension Plan sits in the top quartile of all filed plans by assets, $22M for 88 participants (~$255,317/participant), up 11.9% in 2023.

#5,497
in Finance & Insurance (8,869 peers)
+11.9%
assets growth YoY
0.2×
vs typical plan assets (national mean)

Ballston Spa National Bank Pension Plan's outsized position by total assets

Ballston Spa National Bank Pension Plan vs every filed plan by assets

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

$22,467,919 Top 25% higher than 75% 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

Ballston Spa National Bank 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. Ballston Spa National Bank Pension Plan is a small filing (88 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Ballston Spa National Bank Pension Plan reported net income rose from $680K in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Ballston Spa National Bank Pension Plan end-of-year assets rose from $20M in the plan year 2022 filing to $22M in the plan year 2023 filing.
  • Ballston Spa National Bank Pension Plan reported participants rose from 83 in the plan year 2022 filing to 88 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 140486153 · Ballston Spa National Bank PY 2023 · Defined Benefit (Pension)

Ballston Spa National Bank Pension Plan · $22M · 88 · 75th

  • PCT $22M
  • PCT 88
  • PCT 75th
  • PCT Defined Benefit (Pension)
  • PCT near Ornl Federal Credit Union Defined Benefit Plan and Trust
  • PCT ind #5497

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 New York →

Ballston Spa National Bank Pension Plan in the asset neighbourhood

Atapco Pension Plan$23MWyoming Refining Company Pension PlanWyoming Refining Company Pen…$23MBallston Spa National Bank Pension PlanBallston Spa National Bank P…$22MOrnl Federal Credit Union Defined Benefit Plan and TrustOrnl Federal Credit Union De…$22MPhiladelphia Industrial Development Corporation Retirement PlanPhiladelphia Industrial Deve…$22M
End-of-year total assets ($M) among Ballston Spa National Bank Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$20M
Net Assets (End of Year)$22M
Net Income$2M
Employer EIN140486153
Plan Effective Date1944-05-05
Filing StatusFILING RECEIVED

Sponsor Plan History (Ballston Spa National Bank)

Sponsor-wide plan assets over time

All Ballston Spa National Bank plans reported in each filing year

Latest sponsor-wide plan assets
$42M 17.393750766610577% vs 2022
2024 filing year
$34M$36M$38M$40M$42M$44M 202220232024 $35.5M $41.7M ▲ +17.4%
Year Plans Participants Total Assets
2022 2 200 $36M
2023 2 210 $38M
2024 2 202 $42M

Nearby Defined Benefit (Pension) Plans in New York

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

Ballston Spa National Bank Pension Plan vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -100102030 Total assets ($B) Participants Ballston Spa National Bank Pension Plan, Total assets ($B): 0.022467919 · Participants: 88Ballston Spa National Bank Pension PlanIBM Personal Pension Plan, Total assets ($B): 24.955758896 · Participants: 14881IBM Personal Pension PlanConsolidated Edison Retirement Plan, Total assets ($B): 16.184377155 · Participants: 10779Consolidated Edison Retirement Plan1199seiu Health Care Employees Pension Fund, Total assets ($B): 16.16620463 · Participants: 1075821199seiu Health Care Employees Pension FundPfizer Consolidated Pension Plan, Total assets ($B): 10.955262618 · Participants: 9616Pfizer Consolidated Pension PlanPepsico Employees Retirement Plan I, Total assets ($B): 7.599669 · Participants: 12289Pepsico Employees Retirement Plan I
Ballston Spa National Bank Pension Plan vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants
Compare Ballston Spa National Bank Pension Plan side-by-side with 3 peers →

Ballston Spa National Bank Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside New York, the nearest Defined Benefit (Pension) by assets is Ornl Federal Credit Union Defined Benefit Plan and Trust in TN ($22M); by covered participants it is Isabella Bank Corporation Employee Retirement Plan in MI (88 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (88 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 Ballston Spa National Bank Pension Plan assets move in 2023? ▼
Ballston Spa National Bank Pension Plan grew at a solid clip - up 11.9% during 2023, from $20M to $22M. Reported net income was $2M.
How have Ballston Spa National Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Ballston Spa National Bank's sponsor-wide assets grew 17.4%, from $36M to $42M.
Where does Ballston Spa National Bank Pension Plan rank by assets among Form 5500 filers? ▼
Ballston Spa National Bank Pension Plan ranks in the 75th 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 Ballston Spa National Bank Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Ornl Federal Credit Union Defined Benefit Plan and Trust in TN ($22M, 99 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Ballston Spa National Bank Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Isabella Bank Corporation Employee Retirement Plan in MI (88 participants, $7M 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 140486153.

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.