401(k) · DOL Form 5500 · 2024

Newtown Savings Bank 401(k) Plan

Data updated 2026-08-25

$37M
Total assets Below avg plan size
249
Participants Below avg headcount
80th
Percentile by assets National rank
$149,217
Avg per participant Above avg balance/head
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Official DOL plan name: Newtown Savings Bank Employees' 401(k) Savings Plan · Sponsored by Newtown Savings Bank · Connecticut · Finance & Insurance

$37M in assets, 249 participants

Newtown Savings Bank's Newtown Savings Bank Employees' 401(k) Savings Plan reported $37M in total assets and 249 participants in its 2024 DOL Form 5500 filing, ranking in the 80th 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.

  • #5,948 in Finance & Insurance (8,549 peers)

Coverage in Connecticut

Newtown Savings Bank Employees' 401(k) Savings Plan covers 249 participants in Connecticut, about 35% of the average Connecticut filer (state average ~718 per filing). Assets: $37M.

#5,948
in Finance & Insurance (8,549 peers)
-0.9%
assets change YoY
0.4×
vs typical plan assets (national mean)

The plan reported a net loss of $346K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Newtown Savings Bank Employees' 401(k) Savings Plan's outsized position by total assets

Newtown Savings Bank Employees' 401(k) Savings Plan vs every filed plan by assets

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

$37,155,002 Top 20% higher than 80% 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

Newtown Savings Bank Employees' 401(k) Savings Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Newtown Savings Bank Employees' 401(k) Savings Plan sits mid-pack in the medium band (249 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Newtown Savings Bank Employees' 401(k) Savings Plan reported net income fell from $6M in the plan year 2023 filing to -$346K in the plan year 2024 filing.
  • Newtown Savings Bank Employees' 401(k) Savings Plan reported participants rose from 243 in the plan year 2023 filing to 249 in the plan year 2024 filing.
  • Newtown Savings Bank Employees' 401(k) Savings Plan end-of-year assets fell from $38M in the plan year 2023 filing to $37M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 060472240 · Newtown Savings Bank PY 2024 · 401(k)

Newtown Savings Bank Employees' 401(k) Savings Plan · $37M · 249 · 80th

  • VS-ST $37M
  • VS-ST 249
  • VS-ST 80th
  • VS-ST 401(k)
  • VS-ST near Engineered Air Balance Co., Inc. 401(k) Profit Sharing Plan
  • VS-ST ind #5948

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 Connecticut →

Newtown Savings Bank Employees' 401(k) Savings Plan in the asset neighbourhood

Newtown Savings Bank Employees' 401(k) Savings PlanNewtown Savings Bank Employe…$37MEngineered Air Balance Co., Inc. 401(k) Profit Sharing PlanEngineered Air Balance Co., …$37MSweet Street Desserts, Inc. Profit Sharing & 401(k) PlanSweet Street Desserts, Inc. …$37MRwc International, Ltd. Profit Sharing and 401(k) PlanRwc International, Ltd. Prof…$37MGhost Management Group, LLC 401(k) PlanGhost Management Group, LLC …$37M
End-of-year total assets ($M) among Newtown Savings Bank Employees' 401(k) Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Connecticut filing particulars

Total Assets (Beginning of Year)$38M
Net Assets (End of Year)$37M
Net Income-$346K
Employer EIN060472240
Plan Effective Date1992-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Newtown Savings Bank)

Sponsor-wide plan assets over time

All Newtown Savings Bank plans reported in each filing year

Latest sponsor-wide plan assets
$48M 11.713889388773916% vs 2022
2024 filing year
$42M$44M$46M$48M$50M 202220232024 $43M $48M ▲ +11.7%
Year Plans Participants Total Assets
2022 2 291 $43M
2023 2 294 $49M
2024 2 296 $48M

Nearby 401(k) Plans in Connecticut

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

Newtown Savings Bank Employees' 401(k) Savings Plan vs. nearby 401(k) plans in Connecticut, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -20020406080 Total assets ($B) Participants Newtown Savings Bank Employees' 401(k) Savings Plan, Total assets ($B): 0.037155002 · Participants: 249Newtown Savings Bank Employees' 401(k) Savings PlanRtx Savings Plan, Total assets ($B): 58.647425 · Participants: 124876Rtx Savings PlanCiti Retirement Savings Plan, Total assets ($B): 23.241033081 · Participants: 78741Citi Retirement Savings PlanThe Hartford Investment and Savings Plan, Total assets ($B): 7.183243 · Participants: 18614The Hartford Investment and Savings PlanEversource 401(k) Plan, Total assets ($B): 4.046347175 · Participants: 10041Eversource 401(k) PlanXerox Corporation Savings Plan, Total assets ($B): 3.976943 · Participants: 9876Xerox Corporation Savings Plan
Newtown Savings Bank Employees' 401(k) Savings Plan vs. nearby 401(k) plans in Connecticut, assets vs. participants
Compare Newtown Savings Bank Employees' 401(k) Savings Plan side-by-side with 3 peers →

Newtown Savings Bank Employees' 401(k) Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Connecticut, the nearest 401(k) by assets is Engineered Air Balance Co., Inc. 401(k) Profit Sharing Plan in TX ($37M); by covered participants it is Treeline Inc. 401(k) Plan in CA (249 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (249 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 Newtown Savings Bank Employees' 401(k) Savings Plan assets move in 2024? ▼
Newtown Savings Bank Employees' 401(k) Savings Plan held essentially flat - down 0.9% during 2024, from $38M to $37M. Reported net income was -$346K.
How have Newtown Savings Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Newtown Savings Bank's sponsor-wide assets grew 11.7%, from $43M to $48M.
Where does Newtown Savings Bank Employees' 401(k) Savings Plan rank by assets among Form 5500 filers? ▼
Newtown Savings Bank Employees' 401(k) Savings Plan ranks in the 80th 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 401(k) plans are similar in size to Newtown Savings Bank Employees' 401(k) Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Engineered Air Balance Co., Inc. 401(k) Profit Sharing Plan in TX ($37M, 146 participants).
Which 401(k) plans cover a similar participant headcount to Newtown Savings Bank Employees' 401(k) Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Treeline Inc. 401(k) Plan in CA (249 participants, $29K 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 060472240.

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.