Defined Benefit (Pension) · DOL Form 5500 · 2024

Sterling Federal Bank, Fsb Pension Plan

Data updated 2026-08-11

$17M
Total assets
78
Participants
66th
Percentile by assets
$211,847
Avg per participant
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Official DOL plan name: Sterling Federal Bank, Fsb Retirement Plan and Trust · Sponsored by Sterling Federal Bank, Fsb · Illinois · Finance & Insurance

$17M in assets, 78 participants

Sterling Federal Bank, Fsb's Sterling Federal Bank, Fsb Retirement Plan and Trust reported $17M in total assets and 78 participants in its 2024 DOL Form 5500 filing, ranking in the 66th 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.

  • 66th percentile by assets (of 123,622 plans)
  • #4,335 in Finance & Insurance (8,549 peers)

Sterling Federal Bank, Fsb multi-year trail

Sterling Federal Bank, Fsb's plans moved +16.5% in assets from 2022 to 2024; this filing shows Sterling Federal Bank, Fsb Retirement Plan and Trust at $17M / 78 participants.

$17M
total plan assets (2024 EOY)
78
covered participants
66th
percentile by assets (of 123,622 plans)
$211,847
avg assets per participant

Where Sterling Federal Bank, Fsb Retirement Plan and Trust sits by total assets

Sterling Federal Bank, Fsb Retirement Plan and Trust vs every filed plan by assets

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

$16,524,034 Top 34% higher than 66% 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

  • Sterling Federal Bank, Fsb Retirement Plan and Trust reported net income fell from $2M in the plan year 2023 filing to $253K in the plan year 2024 filing.
  • Sterling Federal Bank, Fsb Retirement Plan and Trust reported participants fell from 90 in the plan year 2023 filing to 78 in the plan year 2024 filing.
  • Sterling Federal Bank, Fsb Retirement Plan and Trust end-of-year assets rose from $16M in the plan year 2023 filing to $17M in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

Sterling Federal Bank, Fsb across 3 plan years on file

Across the 3 plan years Sterling Federal Bank, Fsb has on file (2022-2024), sponsor-wide plan assets have moved from $14M to $17M, a gain of 16.5%, while reported participants moved from 91 to 78 (-14.3%). Peak year by sponsor assets: 2024 ($17M); trough: 2022 ($14M).

Sterling Federal Bank, Fsb multi-year asset trail

$13M$14M$15M$16M$17M 202220232024 $14.2M $16.5M ▲ +16.5%
Total plan assets by year, all Sterling Federal Bank, Fsb plans on file
Year Plans Participants Total Assets
2022 1 91 $14M
2023 1 90 $16M
2024 1 78 $17M

Sterling Federal Bank, Fsb filing trail (2024)

Total Assets (Beginning of Year)$16M
Net Assets (End of Year)$17M
Net Income$253K
Employer EIN361824695
Plan Effective Date2006-01-01
Filing StatusFILING RECEIVED

Nearby Defined Benefit (Pension) Plans in Illinois

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

Sterling Federal Bank, Fsb Retirement Plan and Trust vs. nearby Defined Benefit (Pension) plans in Illinois, assets vs. participants

Sterling Federal Bank, Fsb Retirement Plan and Trust vs. nearby Defined Benefit (Pension) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -1000001000020000300004000050000 -200204060 Total assets ($B) Participants Sterling Federal Ban…Central States, Sout…State Farm Insurance…GE Healthcare Pensio…Abbott Laboratories …United Food & Commer…
Sterling Federal Bank, Fsb Retirement Plan and Trust vs. nearby Defined Benefit (Pension) plans in Illinois, assets vs. participants

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Sterling Federal Bank, Fsb Retirement Plan and Trust by total assets, not by location.

Frequently Asked Questions

How did Sterling Federal Bank, Fsb Retirement Plan and Trust assets move in 2024?
Sterling Federal Bank, Fsb Retirement Plan and Trust edged up modestly - up 1.6% during 2024, from $16M to $17M. Reported net income was $253K.
How have Sterling Federal Bank, Fsb plan assets changed over time?
Across 3 plan years on file (2022-2024), Sterling Federal Bank, Fsb's sponsor-wide assets grew 16.5%, from $14M to $17M.
Which Defined Benefit (Pension) plans are similar in size to Sterling Federal Bank, Fsb Retirement Plan and Trust?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Local 1158 IBEW AFL-CIO Pension Fund in NJ ($17M, 249 participants).

Next read for Sterling Federal Bank, Fsb Retirement Pl…

Multi-year trail

Ways to act on Sterling Federal Bank, Fsb Retirement Plan and Trust's numbers.

  • By total assets, Sterling Federal Bank, Fsb Retirement Plan and Trust ranks above the median plan by assets. See the largest plans
  • Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Illinois. Compare plans
  • Sterling Federal Bank, Fsb's sponsor-wide assets have grown 16.5% since 2022 across 3 plan years on file. More Finance & Insurance plans