Defined Benefit (Pension) · DOL Form 5500 · 2024
Ridgewood Savings Bank Pension Plan
Data updated 2026-08-11
- $167M
- Total assets
- 192
- Participants
- 93rd
- Percentile by assets
- $867,439
- Avg per participant
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.
- 93rd percentile by assets (of 123,622 plans)
- #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.
- $167M
- total plan assets (2024 EOY)
- 192
- covered participants
- 93rd
- percentile by assets (of 123,622 plans)
- $867,439
- avg assets per participant
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.
Participants vs New York filers
In New York, the average filing covers about 798 participants across 9,061 plans. The Retirement Plan of Ridgewood Savings Bank reports 192 participants - about 24% of that state average ($167M EOY assets).
New York filing particulars
| Total Assets (Beginning of Year) | $163M |
|---|---|
| Net Assets (End of Year) | $167M |
| Net Income | $4M |
| Employer EIN | 111241830 |
| Plan Effective Date | 1941-05-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Ridgewood Savings Bank)
| 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
- IBM Personal Pension Plan $17.9B · 48,014
- 1199seiu Health Care Employees Pension Fund $16.9B · 111,833
- Consolidated Edison Retirement Plan $15.6B · 10,608
- Pfizer Consolidated Pension Plan $10.0B · 8,876
- GE Energy Pension Plan $8.9B · 5,829
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to The Retirement Plan of Ridgewood Savings Bank by total assets, not by location.
- Twin City Floor Covering Industry Pension Fund (MN) $167M · 413
- Appalachian Regional Healthcare, Inc. Pension Plan (KY) $166M · 855
- Sheet Metal Workers Local No. 292 Pension Fund (MI) $166M · 608
- Kone Inc. Employees' Retirement Plan (IL) $166M · 1,709
Frequently Asked Questions
How did The Retirement Plan of Ridgewood Savings Bank assets move in 2024? ▼
How have Ridgewood Savings Bank plan assets changed over time? ▼
Where does The Retirement Plan of Ridgewood Savings Bank rank by assets among Form 5500 filers? ▼
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Next read for The Retirement Plan of Ridgewood Savings…
Filing takeaways
Ways to act on The Retirement Plan of Ridgewood Savings Bank's numbers.
- By total assets, The Retirement Plan of Ridgewood Savings Bank ranks in the top 10% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in New York. Compare plans
- Ridgewood Savings Bank's sponsor-wide assets have grown 22.9% since 2022 across 3 plan years on file. More Finance & Insurance plans