Defined Benefit (Pension) · DOL Form 5500 · 2024
Webster Bank, N. a. Pension Plan
Data updated 2026-08-11
- $209M
- Total assets
- 524
- Participants
- 94th
- Percentile by assets
- $399,501
- Avg per participant
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.
- 94th percentile by assets (of 123,622 plans)
- #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.
- $209M
- total plan assets (2024 EOY)
- 524
- covered participants
- 94th
- percentile by assets (of 123,622 plans)
- $399,501
- avg assets per participant
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.
Where Webster Bank Pension Plan sits 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
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
- 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.
Webster Bank Pension Plan vs the 2024 asset distribution
By assets, Webster Bank Pension Plan outranks 94% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 2.1x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2024)
| Total Assets (Beginning of Year) | $217M |
|---|---|
| Net Assets (End of Year) | $209M |
| Net Income | -$8M |
| Employer EIN | 060273620 |
| Plan Effective Date | 1954-12-28 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Webster Bank, N. a.)
| 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
- IBM Personal Pension Plan $17.9B · 48,014
- 1199seiu Health Care Employees Pension Fund $16.9B · 111,833
- Consolidated Edison Retirement Plan $15.6B · 10,608
- Pfizer Consolidated Pension Plan $10.0B · 8,876
- GE Energy Pension Plan $8.9B · 5,829
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Webster Bank Pension Plan by total assets, not by location.
- Wa-Id Laborers Employers Pension Trust (WA) $209M · 2,059
- Cefcu Retirement Income Plan and Trust (IL) $209M · 886
- Meijer Omp Pension Plan (MI) $210M · 4,331
- Arnold & Porter Cash Balance Plan and Trust (DC) $209M · 340
Frequently Asked Questions
How did Webster Bank Pension Plan assets move in 2024? ▼
How have Webster Bank, N. a. plan assets changed over time? ▼
Where does Webster Bank Pension Plan rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to Webster Bank Pension Plan? ▼
Next read for Webster Bank Pension Plan
Scale reading
Ways to act on Webster Bank Pension Plan's numbers.
- By total assets, Webster Bank Pension Plan ranks in the top 10% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in New York. Compare plans
- Webster Bank, N. a.'s sponsor-wide assets have grown 18.9% since 2022 across 3 plan years on file. More Finance & Insurance plans