Defined Benefit (Pension) · DOL Form 5500 · 2024

The North Country Savings Bank Pension Plan

Data updated 2026-08-11

$41M
Total assets
56
Participants
82nd
Percentile by assets
$735,837
Avg per participant
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Official DOL plan name: The Retirement Plan of the North Country Savings Bank · Sponsored by The North Country Savings Bank · New York · Finance & Insurance

$41M in assets, 56 participants

The North Country Savings Bank's The Retirement Plan of the North Country Savings Bank reported $41M in total assets and 56 participants in its 2024 DOL Form 5500 filing, ranking in the 82nd 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.

  • 82nd percentile by assets (of 123,622 plans)
  • #6,141 in Finance & Insurance (8,549 peers)

Where The Retirement Plan of the North Country Savings Bank sits by assets

The Retirement Plan of the North Country Savings Bank sits in the top quartile of all filed plans by assets, $41M for 56 participants (~$735,837/participant), up 1.8% in 2024.

$41M
total plan assets (2024 EOY)
56
covered participants
82nd
percentile by assets (of 123,622 plans)
$735,837
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • The Retirement Plan of the North Country Savings Bank reported net income fell from $6M in the plan year 2023 filing to $735K in the plan year 2024 filing.
  • The Retirement Plan of the North Country Savings Bank reported participants rose from 55 in the plan year 2023 filing to 56 in the plan year 2024 filing.
  • The Retirement Plan of the North Country Savings Bank end-of-year assets rose from $40M in the plan year 2023 filing to $41M in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

The Retirement Plan of the North Country Savings Bank vs the 2024 asset distribution

By assets, The Retirement Plan of the North Country Savings Bank outranks 82% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 0.4x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$40M
Net Assets (End of Year)$41M
Net Income$735K
Employer EIN150436610
Plan Effective Date1949-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (The North Country Savings Bank)

$30M$35M$40M$45M 202220232024 $34.4M $41.2M ▲ +19.8%
Total plan assets by year, all The North Country Savings Bank plans on file
Year Plans Participants Total Assets
2022 1 51 $34M
2023 1 55 $40M
2024 1 56 $41M

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 the North Country Savings Bank vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants

The Retirement Plan of the North Country 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 …IBM Personal Pension…1199seiu Health Care…Consolidated Edison …Pfizer Consolidated …GE Energy Pension Plan
The Retirement Plan of the North Country Savings Bank 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 the North Country Savings Bank by total assets, not by location.

Frequently Asked Questions

How did The Retirement Plan of the North Country Savings Bank assets move in 2024?
The Retirement Plan of the North Country Savings Bank edged up modestly - up 1.8% during 2024, from $40M to $41M. Reported net income was $735K.
How have The North Country Savings Bank plan assets changed over time?
Across 3 plan years on file (2022-2024), The North Country Savings Bank's sponsor-wide assets grew 19.8%, from $34M to $41M.
Where does The Retirement Plan of the North Country Savings Bank rank by assets among Form 5500 filers?
The Retirement Plan of the North Country Savings Bank ranks in the 82nd 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 Defined Benefit (Pension) plans are similar in size to The Retirement Plan of the North Country Savings Bank?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Oxbow Consolidated Pension Plan in FL ($41M, 99 participants).

Next read for The Retirement Plan of the North Country…

Scale reading

Ways to act on The Retirement Plan of the North Country Savings Bank's numbers.

  • By total assets, The Retirement Plan of the North Country Savings Bank ranks in the top quartile 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
  • The North Country Savings Bank's sponsor-wide assets have grown 19.8% since 2022 across 3 plan years on file. More Finance & Insurance plans