Defined Benefit (Pension) · DOL Form 5500 · 2024

Flagstar Bank, National Association Pension Plan

Data updated 2026-08-11

$268M
Total assets
234
Participants
95th
Percentile by assets
$1.1M
Avg per participant
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Official DOL plan name: The Retirement Plan of Flagstar Bank, National Association · Sponsored by Flagstar Bank, National Association · New York · Finance & Insurance

$268M in assets, 234 participants

Flagstar Bank, National Association's The Retirement Plan of Flagstar Bank, National Association reported $268M in total assets and 234 participants in its 2024 DOL Form 5500 filing, ranking in the 95th 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.

  • 95th percentile by assets (of 123,622 plans)
  • #7,900 in Finance & Insurance (8,549 peers)

Coverage in New York

The Retirement Plan of Flagstar Bank, National Association covers 234 participants in New York, about 29% of the average New York filer (state average ~798 per filing). Assets: $268M.

$268M
total plan assets (2024 EOY)
234
covered participants
95th
percentile by assets (of 123,622 plans)
$1.1M
avg assets per participant

Where The Retirement Plan of Flagstar Bank, National Association sits by total assets

The Retirement Plan of Flagstar Bank, National Association vs every filed plan by assets

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

$267,683,716 Top 5% higher than 95% of 123,620 filed plans

This plan $0 $2,010,000,000 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

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • The Retirement Plan of Flagstar Bank, National Association reported net income fell from $15M in the plan year 2023 filing to $13M in the plan year 2024 filing.
  • The Retirement Plan of Flagstar Bank, National Association reported participants fell from 256 in the plan year 2023 filing to 234 in the plan year 2024 filing.
  • The Retirement Plan of Flagstar Bank, National Association end-of-year assets rose from $255M in the plan year 2023 filing to $268M in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

Participants vs New York filers

In New York, the average filing covers about 798 participants across 9,061 plans. The Retirement Plan of Flagstar Bank, National Association reports 234 participants - about 29% of that state average ($268M EOY assets).

New York filing particulars

Total Assets (Beginning of Year)$255M
Net Assets (End of Year)$268M
Net Income$13M
Employer EIN061377322
Plan Effective Date1948-03-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Flagstar Bank, National Association)

$0.4B$0.6B$0.8B$1B$1.2B$1.4B 202220232024 $0.61B $1.19B ▲ +95.1%
Total plan assets by year, all Flagstar Bank, National Association plans on file
Year Plans Participants Total Assets
2022 2 3,036 $613M
2023 2 2,869 $800M
2024 3 7,395 $1.2B

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 Flagstar Bank, National Association vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -505101520 Total assets ($B) Participants The Retirement Plan …, Total assets ($B): 0.267683716 · Participants: 234The Retirement Plan …IBM Personal Pension…, Total assets ($B): 17.919858993 · Participants: 48014IBM Personal Pension…1199seiu Health Care…, Total assets ($B): 16.913316696 · Participants: 1118331199seiu Health Care…Consolidated Edison …, Total assets ($B): 15.588456377 · Participants: 10608Consolidated Edison …Pfizer Consolidated …, Total assets ($B): 9.970337119 · Participants: 8876Pfizer Consolidated …GE Energy Pension Plan, Total assets ($B): 8.92290143 · Participants: 5829GE Energy Pension Plan
The Retirement Plan of Flagstar Bank, National Association vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to The Retirement Plan of Flagstar Bank, National Association by total assets, not by location.

Frequently Asked Questions

How did The Retirement Plan of Flagstar Bank, National Association assets move in 2024?
The Retirement Plan of Flagstar Bank, National Association grew at a solid clip - up 5.1% during 2024, from $255M to $268M. Reported net income was $13M.
How have Flagstar Bank, National Association plan assets changed over time?
Across 3 plan years on file (2022-2024), Flagstar Bank, National Association's sponsor-wide assets grew 93.4%, from $613M to $1.2B.
Where does The Retirement Plan of Flagstar Bank, National Association rank by assets among Form 5500 filers?
The Retirement Plan of Flagstar Bank, National Association ranks in the 95th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to The Retirement Plan of Flagstar Bank, National Association?
Among Defined Benefit (Pension) plans in other states, the closest by assets is The Dayton Power and Light Co. Retirement Inc Plan in IN ($268M, 706 participants).

Next read for The Retirement Plan of Flagstar Bank, Na…

Filing takeaways

Ways to act on The Retirement Plan of Flagstar Bank, National Association's numbers.

  • By total assets, The Retirement Plan of Flagstar Bank, National Association ranks in the top 5% 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
  • Flagstar Bank, National Association's sponsor-wide assets have grown 93.4% since 2022 across 3 plan years on file. More Finance & Insurance plans