Defined Benefit (Pension) · DOL Form 5500 · 2024
Liberty Bank Pension Plan
Data updated 2026-08-11
- $149M
- Total assets
- 648
- Participants
- 93rd
- Percentile by assets
- $229,849
- Avg per participant
Official DOL plan name: Liberty Bank Pension Plan · Sponsored by Liberty Bank · Connecticut · Finance & Insurance
$149M in assets, 648 participants
Liberty Bank's Liberty Bank Pension Plan reported $149M in total assets and 648 participants in its 2024 DOL Form 5500 filing, ranking in the 93rd 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.
- 93rd percentile by assets (of 123,622 plans)
- #7,589 in Finance & Insurance (8,549 peers)
Where Liberty Bank Pension Plan sits by assets
Liberty Bank Pension Plan sits in the top 10% of all filed plans by assets, $149M for 648 participants (~$229,849/participant), up 2.2% in 2024.
- $149M
- total plan assets (2024 EOY)
- 648
- covered participants
- 93rd
- percentile by assets (of 123,622 plans)
- $229,849
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Liberty Bank Pension Plan reported net income fell from $14M in the plan year 2023 filing to $3M in the plan year 2024 filing.
- Liberty Bank Pension Plan reported participants rose from 573 in the plan year 2023 filing to 648 in the plan year 2024 filing.
- Liberty Bank Pension Plan end-of-year assets rose from $146M in the plan year 2023 filing to $149M in the plan year 2024 filing.
Liberty Bank Pension Plan vs the 2024 asset distribution
By assets, Liberty Bank Pension Plan outranks 93% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 1.5x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2024)
| Total Assets (Beginning of Year) | $146M |
|---|---|
| Net Assets (End of Year) | $149M |
| Net Income | $3M |
| Employer EIN | 060452570 |
| Plan Effective Date | 1959-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Liberty Bank)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 1,207 | $216M |
| 2023 | 2 | 1,280 | $251M |
| 2024 | 2 | 1,436 | $275M |
Nearby Defined Benefit (Pension) Plans in Connecticut
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
Liberty Bank Pension Plan vs. nearby Defined Benefit (Pension) plans in Connecticut, assets vs. participants
- Rtx Consolidated Pension Plan $41.6B · 36,180
- The Citigroup Pension Plan $10.0B · 15,906
- Eversource Pension Plan $5.8B · 3,428
- Retirement Plan for Employees of Aetna Inc. $5.2B · 9,682
- The Hartford Retirement Plan for U.S. Employees $3.4B · 7,034
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Liberty Bank Pension Plan by total assets, not by location.
- Central Bancompany Retirement Plan (MO) $149M · 1,198
- Contractors Laborers Teamsters & Engineers Pension Plan (NE) $149M · 926
- Cablevision Cash Balance Pension Plan (NY) $149M · 1,900
- The Sherwin-Williams Company Employees' Pension Plan (OH) $149M · 885
Frequently Asked Questions
How did Liberty Bank Pension Plan assets move in 2024? ▼
How have Liberty Bank plan assets changed over time? ▼
Where does Liberty Bank Pension Plan rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to Liberty Bank Pension Plan? ▼
Next read for Liberty Bank Pension Plan
Scale reading
Ways to act on Liberty Bank Pension Plan's numbers.
- By total assets, Liberty 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 Connecticut. Compare plans
- Liberty Bank's sponsor-wide assets have grown 27.6% since 2022 across 3 plan years on file. More Finance & Insurance plans