401(k) · DOL Form 5500 · 2024

Watertown Savings Bank 401(k) Plan

Data updated 2026-08-11

$31M
Total assets
113
Participants
78th
Percentile by assets
$277,794
Avg per participant
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Official DOL plan name: Watertown Savings Bank 401(k) Retirement Plan · Sponsored by Watertown Savings Bank · New York · Finance & Insurance

$31M in assets, 113 participants

Watertown Savings Bank's Watertown Savings Bank 401(k) Retirement Plan reported $31M in total assets and 113 participants in its 2024 DOL Form 5500 filing, ranking in the 78th 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.

  • 78th percentile by assets (of 123,622 plans)
  • #5,619 in Finance & Insurance (8,549 peers)

Coverage in New York

Watertown Savings Bank 401(k) Retirement Plan covers 113 participants in New York, about 14% of the average New York filer (state average ~798 per filing). Assets: $31M.

$31M
total plan assets (2024 EOY)
113
covered participants
78th
percentile by assets (of 123,622 plans)
$277,794
avg assets per participant

Where Watertown Savings Bank 401(k) Retirement Plan sits by total assets

Watertown Savings Bank 401(k) Retirement Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$31,390,718 Top 22% higher than 78% of 123,620 filed plans

This plan $0 $2,010,000,000 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 2024

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Watertown Savings Bank 401(k) Retirement Plan end-of-year assets rose from $27M in the plan year 2023 filing to $31M in the plan year 2024 filing.
  • Watertown Savings Bank 401(k) Retirement Plan reported net income fell from $5M in the plan year 2023 filing to $4M in the plan year 2024 filing.
  • Watertown Savings Bank 401(k) Retirement Plan reported participants fell from 117 in the plan year 2023 filing to 113 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
New York
Industry
Finance & Insurance

Participants vs New York filers

In New York, the average filing covers about 798 participants across 9,061 plans. Watertown Savings Bank 401(k) Retirement Plan reports 113 participants - about 14% of that state average ($31M EOY assets).

New York filing particulars

Total Assets (Beginning of Year)$27M
Net Assets (End of Year)$31M
Net Income$4M
Employer EIN150486160
Plan Effective Date2006-03-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Watertown Savings Bank)

$20M$25M$30M$35M 202220232024 $22.6M $31.4M ▲ +39.1%
Total plan assets by year, all Watertown Savings Bank plans on file
Year Plans Participants Total Assets
2022 1 111 $23M
2023 1 117 $27M
2024 1 113 $31M

Nearby 401(k) Plans in New York

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

Watertown Savings Bank 401(k) Retirement Plan vs. nearby 401(k) plans in New York, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -20020406080 Total assets ($B) Participants Watertown Savings Ba…, Total assets ($B): 0.031390718 · Participants: 113Watertown Savings Ba…IBM 401(k) Plan, Total assets ($B): 60.39355615 · Participants: 52674IBM 401(k) PlanMorgan Stanley 401(k…, Total assets ($B): 22.180692974 · Participants: 53860Morgan Stanley 401(k…Pfizer Savings Plan, Total assets ($B): 21.9871528 · Participants: 33309Pfizer Savings PlanThe Pepsico Savings …, Total assets ($B): 14.9369507 · Participants: 137398The Pepsico Savings …The Goldman Sachs 40…, Total assets ($B): 12.807939404 · Participants: 23227The Goldman Sachs 40…
Watertown Savings Bank 401(k) Retirement Plan vs. nearby 401(k) plans in New York, assets vs. participants
Compare Watertown Savings Bank 401(k) Retirement… side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Watertown Savings Bank 401(k) Retirement Plan by total assets, not by location.

Frequently Asked Questions

How did Watertown Savings Bank 401(k) Retirement Plan assets move in 2024? ▼
Watertown Savings Bank 401(k) Retirement Plan grew at a solid clip - up 14.9% during 2024, from $27M to $31M. Reported net income was $4M.
How have Watertown Savings Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Watertown Savings Bank's sponsor-wide assets grew 39.2%, from $23M to $31M.
Where does Watertown Savings Bank 401(k) Retirement Plan rank by assets among Form 5500 filers? ▼
Watertown Savings Bank 401(k) Retirement Plan ranks in the 78th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Watertown Savings Bank 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Sarasota Emergency Associates, PA 401(k) Profit Sharing Plan in FL ($31M, 172 participants).

Next read for Watertown Savings Bank 401(k) Retirement…

Filing takeaways

Ways to act on Watertown Savings Bank 401(k) Retirement Plan's numbers.

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 150486160.

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.