Defined Benefit (Pension) · DOL Form 5500 · 2023

Sterling Federal Bank, Fsb Pension Plan

Data updated 2026-08-25

$16M
Total assets Small plan by assets
90
Participants Small participant base
69th
Percentile by assets National rank
$180,791
Avg per participant Above avg balance/head
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Official DOL plan name: Sterling Federal Bank, Fsb Retirement Plan and Trust · Sponsored by Sterling Federal Bank, Fsb · Illinois · Finance & Insurance

$16M in assets, 90 participants

Sterling Federal Bank, Fsb's Sterling Federal Bank, Fsb Retirement Plan and Trust reported $16M in total assets and 90 participants in its 2023 DOL Form 5500 filing, ranking in the 69th 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.

  • #4,822 in Finance & Insurance (8,869 peers)

Sterling Federal Bank, Fsb multi-year trail

Sterling Federal Bank, Fsb's plans moved +16.5% in assets from 2022 to 2024; this filing shows Sterling Federal Bank, Fsb Retirement Plan and Trust at $16M / 90 participants.

#4,822
in Finance & Insurance (8,869 peers)
+14.7%
assets growth YoY

Sterling Federal Bank, Fsb Retirement Plan and Trust's outsized position by total assets

Sterling Federal Bank, Fsb Retirement Plan and Trust vs every filed plan by assets

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

$16,271,221 Top 31% higher than 69% 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

Sterling Federal Bank, Fsb Retirement Plan and Trust among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Sterling Federal Bank, Fsb Retirement Plan and Trust is a small filing (90 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Sterling Federal Bank, Fsb Retirement Plan and Trust reported net income rose from $86K in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Sterling Federal Bank, Fsb Retirement Plan and Trust end-of-year assets rose from $14M in the plan year 2022 filing to $16M in the plan year 2023 filing.
  • Sterling Federal Bank, Fsb Retirement Plan and Trust reported participants fell from 91 in the plan year 2022 filing to 90 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 361824695 · Sterling Federal Bank, Fsb PY 2023 · Defined Benefit (Pension)

Sterling Federal Bank, Fsb Retirement Plan and Trust · $16M · 90 · 69th

  • EOY $16M
  • EOY 90
  • EOY 69th
  • EOY Defined Benefit (Pension)
  • EOY near Schott North America, Inc. Site Duryea Pension Plan for Union Employees
  • EOY ind #4822

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 Illinois →

Sterling Federal Bank, Fsb Retirement Plan and Trust in the asset neighbourhood

Peter Pan Seafoods, Inc. Employees Retirement PlanPeter Pan Seafoods, Inc. Emp…$16MSterling Federal Bank, Fsb Retirement Plan and TrustSterling Federal Bank, Fsb R…$16MSchott North America, Inc. Site Duryea Pension Plan for Union EmployeesSchott North America, Inc. S…$16MPmc Consolidated Pension Plan Covering Certain Employee GroupsPmc Consolidated Pension Pla…$16MThe Bangor Publishing Company Pension PlanThe Bangor Publishing Compan…$16M
End-of-year total assets ($M) among Sterling Federal Bank, Fsb Retirement Plan and Trust and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Sterling Federal Bank, Fsb multi-year asset trail

Sponsor-wide plan assets over time

All Sterling Federal Bank, Fsb plans reported in each filing year

Latest sponsor-wide plan assets
$17M 16.49795624905836% vs 2022
2024 filing year
$13M$14M$15M$16M$17M 202220232024 $14.2M $16.5M ▲ +16.5%
Year Plans Participants Total Assets
2022 1 91 $14M
2023 1 90 $16M
2024 1 78 $17M

Sterling Federal Bank, Fsb filing trail (2023)

Total Assets (Beginning of Year)$14M
Net Assets (End of Year)$16M
Net Income$2M
Employer EIN361824695
Plan Effective Date2006-01-01
Filing StatusFILING RECEIVED

Nearby Defined Benefit (Pension) Plans in Illinois

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

Sterling Federal Bank, Fsb Retirement Plan and Trust vs. nearby Defined Benefit (Pension) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -200204060 Total assets ($B) Participants Sterling Federal Bank, Fsb Retirement Plan and Trust, Total assets ($B): 0.016271221 · Participants: 90Sterling Federal Bank, Fsb Retirement Plan and TrustCentral States, Southeast & Southwest Areas Pension Plan, Total assets ($B): 49.680270595 · Participants: 48538Central States, Southeast & Southwest Areas Pension PlanState Farm Insurance Companies Retirement Plan for United States Employees, Total assets ($B): 35.242945747 · Participants: 45001State Farm Insurance Companies Retirement Plan for United States EmployeesUnited Food & Commercial Workers Intl Union - Industry Pension Fund, Total assets ($B): 7.965094339 · Participants: 20680United Food & Commercial Workers Intl Union - Industry Pension FundJohn Deere Pension Plan for Salaried Employees, Total assets ($B): 7.960744597 · Participants: 16346John Deere Pension Plan for Salaried EmployeesAbbott Laboratories Annuity Retirement Plan, Total assets ($B): 7.819798504 · Participants: 17382Abbott Laboratories Annuity Retirement Plan
Sterling Federal Bank, Fsb Retirement Plan and Trust vs. nearby Defined Benefit (Pension) plans in Illinois, assets vs. participants

Sterling Federal Bank, Fsb Retirement Plan and Trust's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Illinois, the nearest Defined Benefit (Pension) by assets is Schott North America, Inc. Site Duryea Pension Plan for Union Employees in NY ($16M); by covered participants it is Southwest Airlines Federal Credit Union Pension Plan in TX (90 participants). Same-state nearby plans are listed separately above.

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 Sterling Federal Bank, Fsb Retirement Plan and Trust assets move in 2023?
Sterling Federal Bank, Fsb Retirement Plan and Trust grew at a solid clip - up 14.7% during 2023, from $14M to $16M. Reported net income was $2M.
How have Sterling Federal Bank, Fsb plan assets changed over time?
Across 3 plan years on file (2022-2024), Sterling Federal Bank, Fsb's sponsor-wide assets grew 16.5%, from $14M to $17M.
Which Defined Benefit (Pension) plans are similar in size to Sterling Federal Bank, Fsb Retirement Plan and Trust?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Schott North America, Inc. Site Duryea Pension Plan for Union Employees in NY ($16M, 23 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Sterling Federal Bank, Fsb Retirement Plan and Trust?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Southwest Airlines Federal Credit Union Pension Plan in TX (90 participants, $30M in assets).