Defined Benefit (Pension) · DOL Form 5500 · 2024

Sterling Federal Bank, Fsb Pension Plan

Data updated 2026-08-25

$17M
Total assets Small plan by assets
78
Participants Small participant base
66th
Percentile by assets National rank
$211,847
Avg per participant Above avg balance/head
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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.

  • #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.

#4,335
in Finance & Insurance (8,549 peers)
+1.6%
assets growth YoY

Sterling Federal Bank, Fsb Retirement Plan and Trust's mid-pack asset rank among Finance & Insurance and all filers

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 $2,050,000,000 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

Sterling Federal Bank, Fsb Retirement Plan and Trust among smaller filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Sterling Federal Bank, Fsb Retirement Plan and Trust is a small filing (78 participants) on this national headcount ladder.

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 →

DOL schedule card

Filing strip 361824695 · Sterling Federal Bank, Fsb PY 2024 · Defined Benefit (Pension)

Sterling Federal Bank, Fsb Retirement Plan and Trust · $17M · 78 · 66th

  • 5500 $17M
  • 5500 78
  • 5500 66th
  • 5500 Defined Benefit (Pension)
  • 5500 near Local 1158 IBEW AFL-CIO Pension Fund
  • 5500 ind #4335

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 Illinois →

Sterling Federal Bank, Fsb Retirement Plan and Trust in the asset neighbourhood

Local 1158 IBEW AFL-CIO Pension FundLocal 1158 IBEW AFL-CIO Pens…$17MTaylor Publishing Company Pension Plan for Hourly Paid EmployeesTaylor Publishing Company Pe…$17MSterling Federal Bank, Fsb Retirement Plan and TrustSterling Federal Bank, Fsb R…$17MSalaried Retirement Plan of Finch Paper, LLCSalaried Retirement Plan of …$17MSpokane United Methodist Homes, Inc Defined Benefit Pension PlanSpokane United Methodist Hom…$17M
End-of-year total assets ($M) among Sterling Federal Bank, Fsb Retirement Plan and Trust and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Sterling Federal Bank, Fsb multi-year asset trail

Sponsor-wide plan assets over time

All Sterling Federal Bank, Fsb plans reported in each filing year

Latest sponsor-wide plan assets
$17M 16.49795624905836% vs 2022
2024 filing year
$13M$14M$15M$16M$17M 202220232024 $14.2M $16.5M ▲ +16.5%
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 Scatter plot of 6 data points. -1000001000020000300004000050000 -200204060 Total assets ($B) Participants Sterling Federal Bank, Fsb Retirement Plan and Trust, Total assets ($B): 0.016524034 · Participants: 78Sterling Federal Bank, Fsb Retirement Plan and TrustCentral States, Southeast & Southwest Areas Pension Plan, Total assets ($B): 48.22071058 · Participants: 36799Central States, Southeast & Southwest Areas Pension PlanState Farm Insurance Companies Retirement Plan for United States Employees, Total assets ($B): 37.736369487 · Participants: 41619State Farm Insurance Companies Retirement Plan for United States EmployeesGE Healthcare Pension Plan, Total assets ($B): 13.74052931 · Participants: 5554GE Healthcare Pension PlanAbbott Laboratories Annuity Retirement Plan, Total assets ($B): 8.591907247 · Participants: 17875Abbott Laboratories Annuity Retirement PlanUnited Food & Commercial Workers Intl Union - Industry Pension Fund, Total assets ($B): 8.17675965 · Participants: 20984United Food & Commercial Workers Intl Union - Industry Pension Fund
Sterling Federal Bank, Fsb Retirement Plan and Trust vs. nearby Defined Benefit (Pension) plans in Illinois, assets vs. participants
Compare Sterling Federal Bank, Fsb Retirement Plan and Trust side-by-side with 3 peers →

Sterling Federal Bank, Fsb Retirement Plan and Trust's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Illinois, the nearest Defined Benefit (Pension) by assets is Local 1158 IBEW AFL-CIO Pension Fund in NJ ($17M); by covered participants it is Smith & Nephew U.S. Pension Plan in TN (78 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (78 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 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).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Sterling Federal Bank, Fsb Retirement Plan and Trust? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Smith & Nephew U.S. Pension Plan in TN (78 participants, N/A 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 361824695.

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.