Defined Benefit (Pension) · DOL Form 5500 · 2024

Ridgewood Savings Bank Pension Plan

Data updated 2026-08-25

$167M
Total assets Near avg plan size
192
Participants Below avg headcount
93rd
Percentile by assets National rank
$867,439
Avg per participant High balance/head
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Official DOL plan name: The Retirement Plan of Ridgewood Savings Bank · Sponsored by Ridgewood Savings Bank · New York · Finance & Insurance

$167M in assets, 192 participants

Ridgewood Savings Bank's The Retirement Plan of Ridgewood Savings Bank reported $167M in total assets and 192 participants in its 2024 DOL Form 5500 filing, ranking in the 93rd 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.

  • #7,665 in Finance & Insurance (8,549 peers)

Coverage in New York

The Retirement Plan of Ridgewood Savings Bank covers 192 participants in New York, about 24% of the average New York filer (state average ~798 per filing). Assets: $167M.

#7,665
in Finance & Insurance (8,549 peers)
+2.3%
assets growth YoY
1.7×
vs typical plan assets (national mean)

The Retirement Plan of Ridgewood Savings Bank's outsized position by total assets

The Retirement Plan of Ridgewood Savings Bank vs every filed plan by assets

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

$166,548,355 Top 7% higher than 93% 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

The Retirement Plan of Ridgewood Savings Bank 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. The Retirement Plan of Ridgewood Savings Bank sits mid-pack in the medium band (192 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • The Retirement Plan of Ridgewood Savings Bank reported net income fell from $21M in the plan year 2023 filing to $4M in the plan year 2024 filing.
  • The Retirement Plan of Ridgewood Savings Bank reported participants fell from 205 in the plan year 2023 filing to 192 in the plan year 2024 filing.
  • The Retirement Plan of Ridgewood Savings Bank end-of-year assets rose from $163M in the plan year 2023 filing to $167M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 111241830 · Ridgewood Savings Bank PY 2024 · Defined Benefit (Pension)

The Retirement Plan of Ridgewood Savings Bank · $167M · 192 · 93rd

  • 5500 $167M
  • 5500 192
  • 5500 93rd
  • 5500 Defined Benefit (Pension)
  • 5500 near Twin City Floor Covering Industry Pension Fund
  • 5500 ind #7665

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 →

The Retirement Plan of Ridgewood Savings Bank in the asset neighbourhood

The Retirement Plan of Ridgewood Savings BankThe Retirement Plan of Ridge…$167MTwin City Floor Covering Industry Pension FundTwin City Floor Covering Ind…$167MAppalachian Regional Healthcare, Inc. Pension PlanAppalachian Regional Healthc…$166MSheet Metal Workers Local No. 292 Pension FundSheet Metal Workers Local No…$166MKone Inc. Employees' Retirement PlanKone Inc. Employees' Retirem…$166M
End-of-year total assets ($M) among The Retirement Plan of Ridgewood Savings Bank and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

New York filing particulars

Total Assets (Beginning of Year)$163M
Net Assets (End of Year)$167M
Net Income$4M
Employer EIN111241830
Plan Effective Date1941-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Ridgewood Savings Bank)

Sponsor-wide plan assets over time

All Ridgewood Savings Bank plans reported in each filing year

Latest sponsor-wide plan assets
$299M 22.88703401129038% vs 2022
2024 filing year
$220M$240M$260M$280M$300M$320M 202220232024 $243M $299M ▲ +22.9%
Year Plans Participants Total Assets
2022 2 722 $243M
2023 2 702 $281M
2024 2 696 $299M

Nearby Defined Benefit (Pension) Plans in New York

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

The Retirement Plan of Ridgewood Savings Bank vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -505101520 Total assets ($B) Participants The Retirement Plan of Ridgewood Savings Bank, Total assets ($B): 0.166548355 · Participants: 192The Retirement Plan of Ridgewood Savings BankIBM 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
The Retirement Plan of Ridgewood Savings Bank vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants

The Retirement Plan of Ridgewood Savings Bank's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside New York, the nearest Defined Benefit (Pension) by assets is Twin City Floor Covering Industry Pension Fund in MN ($167M); by covered participants it is Horne Brothers Construction, Inc. Cash Balance Pension Plan in NC (192 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (192 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 The Retirement Plan of Ridgewood Savings Bank assets move in 2024? ▼
The Retirement Plan of Ridgewood Savings Bank edged up modestly - up 2.3% during 2024, from $163M to $167M. Reported net income was $4M.
How have Ridgewood Savings Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Ridgewood Savings Bank's sponsor-wide assets grew 22.9%, from $243M to $299M.
Where does The Retirement Plan of Ridgewood Savings Bank rank by assets among Form 5500 filers? ▼
The Retirement Plan of Ridgewood Savings Bank ranks in the 93rd 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 Defined Benefit (Pension) plans are similar in size to The Retirement Plan of Ridgewood Savings Bank? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Twin City Floor Covering Industry Pension Fund in MN ($167M, 413 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to The Retirement Plan of Ridgewood Savings Bank? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Horne Brothers Construction, Inc. Cash Balance Pension Plan in NC (192 participants, $5M in assets).