Plan5500

Webster Bank Retirement Savings Plan — Form 5500 plan (Webster Bank, N.A.)

Plain-English plan summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Webster Bank Retirement Savings Plan is a benefit plan reported by Webster Bank, N.A. under EIN 06-0273620 and plan number 003. The latest loaded filing year is 2023. The filing reports 4,964 participants and $1,019,008,040 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Webster Bank, N.A.
EIN
06-0273620
Plan number
003
Plan type
2
Location
Jericho, NY
Latest filing year
2023
Participants
4,964
End-of-year plan assets
$1,019,008,040

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20234,964H, C20240912084836NAL0013766640001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$1,019,008,040
Total liabilities (EOY)
$0
Net assets (EOY)
$1,019,008,040
Net assets (BOY)
$575,525,433

Income & contributions

Employer contributions
$13,193,451
Participant contributions
$26,446,410
Total contributions
$46,933,507
Total income / additions
$156,791,641

Expenses & distributions

Benefits paid
$64,548,140
Administrative expenses
$51,993
Total expenses
$64,622,375
Net increase / (decrease)
$92,169,266

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Fidelity Investments Inst Op CompRECORDKEEPER$51,970$02023

Related Form 5500 pages