Defined Benefit (Pension) · DOL Form 5500 · 2024

Trustco Bank Pension Plan

Data updated 2026-08-25

$67M
Total assets Below avg plan size
44
Participants Small participant base
87th
Percentile by assets National rank
$1.5M
Avg per participant High balance/head
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Official DOL plan name: Retirement Plan of Trustco Bank · Sponsored by Trustco Bank · New York · Finance & Insurance

$67M in assets, 44 participants

Trustco Bank's Retirement Plan of Trustco Bank reported $67M in total assets and 44 participants in its 2024 DOL Form 5500 filing, ranking in the 87th 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.

  • #6,860 in Finance & Insurance (8,549 peers)

Where Retirement Plan of Trustco Bank sits by assets

Retirement Plan of Trustco Bank sits in the top quartile of all filed plans by assets, $67M for 44 participants (~$1.5M/participant), up 13.0% in 2024.

#6,860
in Finance & Insurance (8,549 peers)
+13.0%
assets growth YoY
0.7×
vs typical plan assets (national mean)

Retirement Plan of Trustco Bank's outsized position by total assets

Retirement Plan of Trustco Bank vs every filed plan by assets

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

$67,420,588 Top 13% higher than 87% 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

Retirement Plan of Trustco Bank among smaller filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Retirement Plan of Trustco Bank is a small filing (44 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Retirement Plan of Trustco Bank end-of-year assets rose from $60M in the plan year 2023 filing to $67M in the plan year 2024 filing.
  • Retirement Plan of Trustco Bank reported participants fell from 50 in the plan year 2023 filing to 44 in the plan year 2024 filing.
  • Retirement Plan of Trustco Bank reported net income rose from $7M in the plan year 2023 filing to $8M in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 140578631 · Trustco Bank PY 2024 · Defined Benefit (Pension)

Retirement Plan of Trustco Bank · $67M · 44 · 87th

  • VS-ST $67M
  • BOY 44
  • SCH 87th
  • EBSA Defined Benefit (Pension)
  • PART near Group Pension Plan for Employees of Staple Cotton Cooperative Association
  • TYPE ind #6860

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 →

Retirement Plan of Trustco Bank in the asset neighbourhood

Occidental Oil & Gas Consolidated Retirement PlanOccidental Oil & Gas Consoli…$68MSheet Metal Workers Local 218 (C) Pension PlanSheet Metal Workers Local 21…$67MRetirement Plan of Trustco BankRetirement Plan of Trustco B…$67MGroup Pension Plan for Employees of Staple Cotton Cooperative AssociationGroup Pension Plan for Emplo…$67MPlumbers & Pipefitters Local 123 Pension FundPlumbers & Pipefitters Local…$67M
End-of-year total assets ($M) among Retirement Plan of Trustco Bank and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$60M
Net Assets (End of Year)$67M
Net Income$8M
Employer EIN140578631
Plan Effective Date1953-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Trustco Bank)

Sponsor-wide plan assets over time

All Trustco Bank plans reported in each filing year

Latest sponsor-wide plan assets
$118M 27.776694261434393% vs 2022
2024 filing year
$80M$90M$100M$110M$120M$130M 202220232024 $92.1M $118M ▲ +27.8%
Year Plans Participants Total Assets
2022 2 902 $92M
2023 2 872 $104M
2024 2 857 $118M

Nearby Defined Benefit (Pension) Plans in New York

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

Retirement Plan of Trustco Bank vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -505101520 Total assets ($B) Participants Retirement Plan of Trustco Bank, Total assets ($B): 0.067420588 · Participants: 44Retirement Plan of Trustco BankIBM 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
Retirement Plan of Trustco Bank vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants
Compare Retirement Plan of Trustco Bank side-by-side with 3 peers →

Retirement Plan of Trustco Bank's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside New York, the nearest Defined Benefit (Pension) by assets is Group Pension Plan for Employees of Staple Cotton Cooperative Association in MS ($67M); by covered participants it is The Duke Endowment Employees' Retirement Plan in NC (44 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (44 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 Retirement Plan of Trustco Bank assets move in 2024? ▼
Retirement Plan of Trustco Bank grew at a solid clip - up 13.0% during 2024, from $60M to $67M. Reported net income was $8M.
How have Trustco Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Trustco Bank's sponsor-wide assets grew 27.8%, from $92M to $118M.
Where does Retirement Plan of Trustco Bank rank by assets among Form 5500 filers? ▼
Retirement Plan of Trustco Bank ranks in the 87th 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 Defined Benefit (Pension) plans are similar in size to Retirement Plan of Trustco Bank? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Group Pension Plan for Employees of Staple Cotton Cooperative Association in MS ($67M, 150 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Retirement Plan of Trustco Bank? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is The Duke Endowment Employees' Retirement Plan in NC (44 participants, $23M 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 140578631.

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.