401(k) · DOL Form 5500 · 2024

Ridgewood Savings Bank 401(k) Plan

Data updated 2026-08-11

$133M
Total assets: 504
Participants: 92nd
Percentile by assets: $263,024
Avg per participant

Official DOL plan name: Ridgewood Savings Bank Profit Sharing and 401 (K) Plan · Sponsored by Ridgewood Savings Bank · New York · Finance & Insurance

$133M in assets, 504 participants

Ridgewood Savings Bank's Ridgewood Savings Bank Profit Sharing and 401 (K) Plan reported $133M in total assets and 504 participants in its 2024 DOL Form 5500 filing, ranking in the 92nd 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.

92nd percentile by assets (of 123,622 plans)
#7,512 in Finance & Insurance (8,549 peers)

Where Ridgewood Savings Bank Profit Sharing and 401 (K) Plan sits by assets

Ridgewood Savings Bank Profit Sharing and 401 (K) Plan sits in the top 10% of all filed plans by assets, $133M for 504 participants (~$263,024/participant), up 12.0% in 2024.

$133M
total plan assets (2024 EOY): 504
covered participants: 92nd
percentile by assets (of 123,622 plans): $263,024
avg assets per participant

Ridgewood Savings Bank Profit Sharing and 401 (K) Plan reported net income fell from $16M in the plan year 2023 filing to $14M in the plan year 2024 filing.
Ridgewood Savings Bank Profit Sharing and 401 (K) Plan end-of-year assets rose from $118M in the plan year 2023 filing to $133M in the plan year 2024 filing.
Ridgewood Savings Bank Profit Sharing and 401 (K) Plan reported participants rose from 497 in the plan year 2023 filing to 504 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

New York

Industry

Finance & Insurance

Ridgewood Savings Bank Profit Sharing and 401 (K) Plan vs the 2024 asset distribution

By assets, Ridgewood Savings Bank Profit Sharing and 401 (K) Plan outranks 92% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 1.3x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)	$118M
Net Assets (End of Year)	$133M
Net Income	$14M
Employer EIN	111241830
Plan Effective Date	1978-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Ridgewood Savings Bank)

Total plan assets by year, all Ridgewood Savings Bank plans on file

Year	Plans	Participants	Total Assets
2022	2	722	$243M
2023	2	702	$281M
2024	2	696	$299M

Nearby 401(k) Plans in New York

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

Ridgewood Savings Bank Profit Sharing and 401 (K) Plan vs. nearby 401(k) plans in New York, assets vs. participants

IBM 401(k) Plan $60.4B · 52,674
Morgan Stanley 401(k) Plan $22.2B · 53,860
Pfizer Savings Plan $22.0B · 33,309
The Pepsico Savings Plan $14.9B · 137,398
The Goldman Sachs 401(k) Plan $12.8B · 23,227

Compare Ridgewood Savings Bank Profit Sharing an… side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Ridgewood Savings Bank Profit Sharing and 401 (K) Plan by total assets, not by location.

Martin 401(k) Plan (TX) $133M · 1,583
J. D. Eckman, Inc. 401(k) Savings Plan (PA) $133M · 506
Watkins & Eager PLLC 401(k) Savings Plan (MS) $133M · 103
Hanson Group, Inc. 401(k) Plan (IL) $133M · 488

Frequently Asked Questions

How did Ridgewood Savings Bank Profit Sharing and 401 (K) Plan assets move in 2024? ▼

Ridgewood Savings Bank Profit Sharing and 401 (K) Plan grew at a solid clip - up 12.0% during 2024, from $118M to $133M. Reported net income was $14M.

How have Ridgewood Savings Bank plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Ridgewood Savings Bank's sponsor-wide assets grew 22.9%, from $243M to $299M.

Where does Ridgewood Savings Bank Profit Sharing and 401 (K) Plan rank by assets among Form 5500 filers? ▼

Ridgewood Savings Bank Profit Sharing and 401 (K) Plan ranks in the 92nd 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 401(k) plans are similar in size to Ridgewood Savings Bank Profit Sharing and 401 (K) Plan? ▼

Among 401(k) plans in other states, the closest by assets is Martin 401(k) Plan in TX ($133M, 1,583 participants).

Next read for Ridgewood Savings Bank Profit Sharing an…

Scale reading

Ways to act on Ridgewood Savings Bank Profit Sharing and 401 (K) Plan's numbers.

By total assets, Ridgewood Savings Bank Profit Sharing and 401 (K) Plan ranks in the top 10% of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar 401(k) plans in New York. Compare plans
Ridgewood Savings Bank's sponsor-wide assets have grown 22.9% since 2022 across 3 plan years on file. More Finance & Insurance plans

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 111241830.