Defined Benefit (Pension) · DOL Form 5500 · 2023

The Washington Trust Company Pension Plan

Data updated 2026-08-25

$82M
Total assets Below avg plan size
119
Participants Small participant base
90th
Percentile by assets National rank
$686,723
Avg per participant High balance/head
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Official DOL plan name: The Washington Trust Company Pension Plan · Sponsored by The Washington Trust Company · Rhode Island · Finance & Insurance

$82M in assets, 119 participants

The Washington Trust Company's The Washington Trust Company Pension Plan reported $82M in total assets and 119 participants in its 2023 DOL Form 5500 filing, ranking in the 90th 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.

  • #7,484 in Finance & Insurance (8,869 peers)

Coverage in Rhode Island

The Washington Trust Company Pension Plan covers 119 participants in Rhode Island, about 8% of the average Rhode Island filer (state average ~1,449 per filing). Assets: $82M.

#7,484
in Finance & Insurance (8,869 peers)
+3.6%
assets growth YoY
0.8×
vs typical plan assets (national mean)

The Washington Trust Company Pension Plan's outsized position by total assets

The Washington Trust Company Pension Plan vs every filed plan by assets

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

$81,720,046 Top 10% higher than 90% 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 Washington Trust Company Pension 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. The Washington Trust Company Pension Plan sits mid-pack in the medium band (119 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • The Washington Trust Company Pension Plan reported net income rose from -$2M in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • The Washington Trust Company Pension Plan reported participants fell from 127 in the plan year 2022 filing to 119 in the plan year 2023 filing.
  • The Washington Trust Company Pension Plan end-of-year assets rose from $79M in the plan year 2022 filing to $82M in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 050235370 · The Washington Trust Company PY 2023 · Defined Benefit (Pension)

The Washington Trust Company Pension Plan · $82M · 119 · 90th

  • PHOTO $82M
  • PHOTO 119
  • PHOTO 90th
  • PHOTO Defined Benefit (Pension)
  • PHOTO near Tata Chemicals Soda Ash Partners LLC Hourly Employees' Pension Plan
  • PHOTO ind #7484

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 Rhode Island →

The Washington Trust Company Pension Plan in the asset neighbourhood

Nusenda Federal Credit Union Cash Balance Defined Benefit PlanNusenda Federal Credit Union…$82MThe Washington Trust Company Pension PlanThe Washington Trust Company…$82MTata Chemicals Soda Ash Partners LLC Hourly Employees' Pension PlanTata Chemicals Soda Ash Part…$82MNouryon Chemicals Retirement PlanNouryon Chemicals Retirement…$82MDatascope Corp. Pension Plan$82M
End-of-year total assets ($M) among The Washington Trust Company Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Rhode Island filing particulars

Total Assets (Beginning of Year)$79M
Net Assets (End of Year)$82M
Net Income$3M
Employer EIN050235370
Plan Effective Date1959-11-01
Filing StatusFILING RECEIVED

Sponsor Plan History (The Washington Trust Company)

Sponsor-wide plan assets over time

All The Washington Trust Company plans reported in each filing year

Latest sponsor-wide plan assets
$143M 23.032333834557967% vs 2022
2024 filing year
$100M$150M$200M$250M 202220232024 $186M $143M ▼ -23.0%
Year Plans Participants Total Assets
2022 2 729 $186M
2023 2 742 $213M
2024 2 759 $143M

Nearby Defined Benefit (Pension) Plans in Rhode Island

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

The Washington Trust Company Pension Plan vs. nearby Defined Benefit (Pension) plans in Rhode Island, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -50510152025 Total assets ($B) Participants The Washington Trust Company Pension Plan, Total assets ($B): 0.081720046 · Participants: 119The Washington Trust Company Pension PlanThe Bank of America Pension Plan, Total assets ($B): 19.18921965 · Participants: 56519The Bank of America Pension PlanTextron Master Retirement Plan, Total assets ($B): 5.244382313 · Participants: 7320Textron Master Retirement PlanFactory Mutual Insurance Company Pension Plan, Total assets ($B): 2.905288129 · Participants: 3478Factory Mutual Insurance Company Pension PlanBell Helicopter Textron Master Retirement Plan, Total assets ($B): 2.242403648 · Participants: 2800Bell Helicopter Textron Master Retirement PlanAmica Pension Fund, Total assets ($B): 1.772694319 · Participants: 2338Amica Pension Fund
The Washington Trust Company Pension Plan vs. nearby Defined Benefit (Pension) plans in Rhode Island, assets vs. participants
Compare The Washington Trust Company Pension Plan side-by-side with 3 peers →

The Washington Trust Company Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Rhode Island, the nearest Defined Benefit (Pension) by assets is Tata Chemicals Soda Ash Partners LLC Hourly Employees' Pension Plan in UT ($82M); by covered participants it is Mcwane Pension Plan for Salaried Employees in AL (119 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (119 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 Washington Trust Company Pension Plan assets move in 2023? ▼
The Washington Trust Company Pension Plan edged up modestly - up 3.6% during 2023, from $79M to $82M. Reported net income was $3M.
How have The Washington Trust Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), The Washington Trust Company's sponsor-wide assets declined 23.0%, from $186M to $143M.
Where does The Washington Trust Company Pension Plan rank by assets among Form 5500 filers? ▼
The Washington Trust Company Pension Plan ranks in the 90th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to The Washington Trust Company Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Tata Chemicals Soda Ash Partners LLC Hourly Employees' Pension Plan in UT ($82M, 292 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to The Washington Trust Company Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Mcwane Pension Plan for Salaried Employees in AL (119 participants, $223M 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 050235370.

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.