401(k) · DOL Form 5500 · 2024

Liberty Bank 401(k) Plan

Data updated 2026-08-11

$126M
Total assets
788
Participants
92nd
Percentile by assets
$159,939
Avg per participant
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Official DOL plan name: Liberty Bank 401(k) Plan · Sponsored by Liberty Bank · Connecticut · Finance & Insurance

$126M in assets, 788 participants

Liberty Bank's Liberty Bank 401(k) Plan reported $126M in total assets and 788 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)
  • #7,479 in Finance & Insurance (8,549 peers)

Where Liberty Bank 401(k) Plan sits by assets

Liberty Bank 401(k) Plan sits in the top 10% of all filed plans by assets, $126M for 788 participants (~$159,939/participant), up 20.0% in 2024.

$126M
total plan assets (2024 EOY)
788
covered participants
92nd
percentile by assets (of 123,622 plans)
$159,939
avg assets per participant

Where Liberty Bank 401(k) Plan sits by total assets

Liberty Bank 401(k) Plan vs every filed plan by assets

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

$126,031,595 Top 8% higher than 92% of 123,620 filed plans

This plan $0 $2,010,000,000 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

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Liberty Bank 401(k) Plan end-of-year assets rose from $105M in the plan year 2023 filing to $126M in the plan year 2024 filing.
  • Liberty Bank 401(k) Plan reported participants rose from 707 in the plan year 2023 filing to 788 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Liberty Bank 401(k) Plan vs the 2024 asset distribution

By assets, Liberty Bank 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)$105M
Net Assets (End of Year)$126M
Net Income$21M
Employer EIN060452570
Plan Effective Date1985-02-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Liberty Bank)

$200M$220M$240M$260M$280M$300M 202220232024 $216M $275M ▲ +27.6%
Total plan assets by year, all Liberty Bank plans on file
Year Plans Participants Total Assets
2022 2 1,207 $216M
2023 2 1,280 $251M
2024 2 1,436 $275M

Nearby 401(k) Plans in Connecticut

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

Liberty Bank 401(k) Plan vs. nearby 401(k) plans in Connecticut, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -20020406080 Total assets ($B) Participants Liberty Bank 401(k) …, Total assets ($B): 0.126031595 · Participants: 788Liberty Bank 401(k) …Rtx Savings Plan, Total assets ($B): 58.647425 · Participants: 124876Rtx Savings PlanCiti Retirement Savi…, Total assets ($B): 23.241033081 · Participants: 78741Citi Retirement Savi…The Hartford Investm…, Total assets ($B): 7.183243 · Participants: 18614The Hartford Investm…Eversource 401(k) Plan, Total assets ($B): 4.046347175 · Participants: 10041Eversource 401(k) PlanXerox Corporation Sa…, Total assets ($B): 3.976943 · Participants: 9876Xerox Corporation Sa…
Liberty Bank 401(k) Plan vs. nearby 401(k) plans in Connecticut, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Liberty Bank 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Liberty Bank 401(k) Plan assets move in 2024?
Liberty Bank 401(k) Plan grew sharply - up 20.0% during 2024, from $105M to $126M. Reported net income was $21M.
How have Liberty Bank plan assets changed over time?
Across 3 plan years on file (2022-2024), Liberty Bank's sponsor-wide assets grew 27.6%, from $216M to $275M.
Where does Liberty Bank 401(k) Plan rank by assets among Form 5500 filers?
Liberty Bank 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 Liberty Bank 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Nugget Market, Inc. 401(k) Profit Sharing Plan & Trust in CA ($126M, 1,728 participants).

Scale reading

Ways to act on Liberty Bank 401(k) Plan's numbers.