Defined Benefit (Pension) · DOL Form 5500 · 2024

Ballston Spa National Bank Pension Plan

Data updated 2026-08-25

$22M
Total assets Small plan by assets
82
Participants Small participant base
72nd
Percentile by assets National rank
$266,965
Avg per participant High balance/head
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Official DOL plan name: Ballston Spa National Bank Pension Plan · Sponsored by Ballston Spa National Bank · New York · Finance & Insurance

$22M in assets, 82 participants

Ballston Spa National Bank's Ballston Spa National Bank Pension Plan reported $22M in total assets and 82 participants in its 2024 DOL Form 5500 filing, ranking in the 72nd 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.

  • #4,915 in Finance & Insurance (8,549 peers)

Ballston Spa National Bank multi-year trail

Ballston Spa National Bank's plans moved +17.4% in assets from 2022 to 2024; this filing shows Ballston Spa National Bank Pension Plan at $22M / 82 participants.

#4,915
in Finance & Insurance (8,549 peers)
-2.6%
assets change YoY

The plan reported a net loss of $577K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Ballston Spa National Bank Pension Plan's outsized position by total assets

Ballston Spa National Bank Pension Plan vs every filed plan by assets

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

$21,891,107 Top 28% higher than 72% 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

Ballston Spa National Bank Pension Plan among smaller filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Ballston Spa National Bank Pension Plan is a small filing (82 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Ballston Spa National Bank Pension Plan reported net income fell from $2M in the plan year 2023 filing to -$577K in the plan year 2024 filing.
  • Ballston Spa National Bank Pension Plan reported participants fell from 88 in the plan year 2023 filing to 82 in the plan year 2024 filing.
  • Ballston Spa National Bank Pension Plan end-of-year assets fell from $22M in the plan year 2023 filing to $22M in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 140486153 · Ballston Spa National Bank PY 2024 · Defined Benefit (Pension)

Ballston Spa National Bank Pension Plan · $22M · 82 · 72nd

  • EOY $22M
  • EOY 82
  • EOY 72nd
  • EOY Defined Benefit (Pension)
  • EOY near Gal-Tex Hotel Corp. Retirement Plan
  • EOY ind #4915

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 →

Ballston Spa National Bank Pension Plan in the asset neighbourhood

Axia Inc. Retirement Plan$22MBallston Spa National Bank Pension PlanBallston Spa National Bank P…$22MGal-Tex Hotel Corp. Retirement PlanGal-Tex Hotel Corp. Retireme…$22MNational Automatic Sprinkler Metal Trades Pension FundNational Automatic Sprinkler…$22MEmployees Pension Plan of United Conveyor CorporationEmployees Pension Plan of Un…$22M
End-of-year total assets ($M) among Ballston Spa National Bank Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Ballston Spa National Bank multi-year asset trail

Sponsor-wide plan assets over time

All Ballston Spa National Bank plans reported in each filing year

Latest sponsor-wide plan assets
$42M 17.393750766610577% vs 2022
2024 filing year
$34M$36M$38M$40M$42M$44M 202220232024 $35.5M $41.7M ▲ +17.4%
Year Plans Participants Total Assets
2022 2 200 $36M
2023 2 210 $38M
2024 2 202 $42M

Ballston Spa National Bank filing trail (2024)

Total Assets (Beginning of Year)$22M
Net Assets (End of Year)$22M
Net Income-$577K
Employer EIN140486153
Plan Effective Date1944-05-05
Filing StatusFILING RECEIVED

Nearby Defined Benefit (Pension) Plans in New York

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

Ballston Spa National Bank Pension Plan vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -505101520 Total assets ($B) Participants Ballston Spa National Bank Pension Plan, Total assets ($B): 0.021891107 · Participants: 82Ballston Spa National Bank Pension PlanIBM 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
Ballston Spa National Bank Pension Plan vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants
Compare Ballston Spa National Bank Pension Plan side-by-side with 3 peers →

Ballston Spa National Bank Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside New York, the nearest Defined Benefit (Pension) by assets is Gal-Tex Hotel Corp. Retirement Plan in TX ($22M); by covered participants it is The Connecticut Water Company Employees' Retirement Plan in CT (82 participants). Same-state nearby plans are listed separately above.

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 Ballston Spa National Bank Pension Plan assets move in 2024? ▼
Ballston Spa National Bank Pension Plan edged down modestly - down 2.6% during 2024, from $22M to $22M. Reported net income was -$577K.
How have Ballston Spa National Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Ballston Spa National Bank's sponsor-wide assets grew 17.4%, from $36M to $42M.
Which Defined Benefit (Pension) plans are similar in size to Ballston Spa National Bank Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Gal-Tex Hotel Corp. Retirement Plan in TX ($22M, 224 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Ballston Spa National Bank Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is The Connecticut Water Company Employees' Retirement Plan in CT (82 participants, $92M 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 140486153.

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.