Defined Benefit (Pension) · DOL Form 5500 · 2024

Webster Bank, N. a. Pension Plan

Data updated 2026-08-25

$209M
Total assets Near avg plan size
524
Participants Below avg headcount
94th
Percentile by assets National rank
$399,501
Avg per participant High balance/head
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Official DOL plan name: Webster Bank Pension Plan · Sponsored by Webster Bank, N. a. · New York · Finance & Insurance

$209M in assets, 524 participants

Webster Bank, N. a.'s Webster Bank Pension Plan reported $209M in total assets and 524 participants in its 2024 DOL Form 5500 filing, ranking in the 94th 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.

  • #7,790 in Finance & Insurance (8,549 peers)

Where Webster Bank Pension Plan sits by assets

Webster Bank Pension Plan sits in the top 10% of all filed plans by assets, $209M for 524 participants (~$399,501/participant), down 3.6% in 2024.

#7,790
in Finance & Insurance (8,549 peers)
-3.6%
assets change YoY
2.1×
vs typical plan assets (national mean)

The plan reported a net loss of $8M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Webster Bank Pension Plan's outsized position by total assets

Webster Bank Pension Plan vs every filed plan by assets

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

$209,338,610 Top 6% higher than 94% of 123,620 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 2024

Webster Bank Pension Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Webster Bank Pension Plan sits mid-pack in the medium band (524 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Webster Bank Pension Plan reported net income fell from $16M in the plan year 2023 filing to -$8M in the plan year 2024 filing.
  • Webster Bank Pension Plan reported participants fell from 575 in the plan year 2023 filing to 524 in the plan year 2024 filing.
  • Webster Bank Pension Plan end-of-year assets fell from $217M in the plan year 2023 filing to $209M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 060273620 · Webster Bank, N. a. PY 2024 · Defined Benefit (Pension)

Webster Bank Pension Plan · $209M · 524 · 94th

  • NET $209M
  • NET 524
  • NET 94th
  • NET Defined Benefit (Pension)
  • NET near Wa-Id Laborers Employers Pension Trust
  • NET ind #7790

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 →

Webster Bank Pension Plan in the asset neighbourhood

Meijer Omp Pension Plan$210MWa-Id Laborers Employers Pension TrustWa-Id Laborers Employers Pen…$209MWebster Bank Pension Plan$209MCefcu Retirement Income Plan and TrustCefcu Retirement Income Plan…$209MArnold & Porter Cash Balance Plan and TrustArnold & Porter Cash Balance…$209M
End-of-year total assets ($M) among Webster Bank Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$217M
Net Assets (End of Year)$209M
Net Income-$8M
Employer EIN060273620
Plan Effective Date1954-12-28
Filing StatusFILING RECEIVED

Sponsor Plan History (Webster Bank, N. a.)

Sponsor-wide plan assets over time

All Webster Bank, N. a. plans reported in each filing year

Latest sponsor-wide plan assets
$1.3B 18.929007987766553% vs 2022
2024 filing year
$1.1B$1.2B$1.3B$1.4B 202220232024 $1.13B $1.34B ▲ +18.6%
Year Plans Participants Total Assets
2022 3 4,986 $1.1B
2023 3 4,736 $1.2B
2024 2 3,774 $1.3B

Nearby Defined Benefit (Pension) Plans in New York

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

Webster Bank Pension Plan vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -505101520 Total assets ($B) Participants Webster Bank Pension Plan, Total assets ($B): 0.20933861 · Participants: 524Webster Bank Pension PlanIBM Personal Pension Plan, Total assets ($B): 17.919858993 · Participants: 48014IBM Personal Pension Plan1199seiu Health Care Employees Pension Fund, Total assets ($B): 16.913316696 · Participants: 1118331199seiu Health Care Employees Pension FundConsolidated Edison Retirement Plan, Total assets ($B): 15.588456377 · Participants: 10608Consolidated Edison Retirement PlanPfizer Consolidated Pension Plan, Total assets ($B): 9.970337119 · Participants: 8876Pfizer Consolidated Pension PlanGE Energy Pension Plan, Total assets ($B): 8.92290143 · Participants: 5829GE Energy Pension Plan
Webster Bank Pension Plan vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants
Compare Webster Bank Pension Plan side-by-side with 3 peers →

Webster 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 Wa-Id Laborers Employers Pension Trust in WA ($209M); by covered participants it is Roundys Supermarkets, Inc. Retirement Plan in WI (524 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($209M here).

Similar participant headcount

Nearest other-state filings by covered participants (524 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Webster Bank Pension Plan assets move in 2024? ▼
Webster Bank Pension Plan edged down modestly - down 3.6% during 2024, from $217M to $209M. Reported net income was -$8M.
How have Webster Bank, N. a. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Webster Bank, N. a.'s sponsor-wide assets grew 18.9%, from $1.1B to $1.3B.
Where does Webster Bank Pension Plan rank by assets among Form 5500 filers? ▼
Webster Bank Pension Plan ranks in the 94th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 10% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Webster Bank Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Wa-Id Laborers Employers Pension Trust in WA ($209M, 2,059 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Webster Bank Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Roundys Supermarkets, Inc. Retirement Plan in WI (524 participants, $137M in assets).

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 060273620.

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.