Webster Bank — Form 5500 filings & benefit plans
Form 5500 plan sponsor 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 (EIN 06-0273620) is a plan sponsor located in Jericho, NY with 1 reported benefit plan(s) in the loaded dataset. The latest loaded Form 5500 filing year is 2023.
Company overview (based on loaded 2023 public filings)
- EIN
- 06-0273620
- Location
- Jericho, NY
- Loaded plans
- 7
- Latest filing year
- 2023
Reported financial aggregate (2023)
Reported net position
- Total reported assets (EOY)
- $1,236,176,592
- Total reported liabilities (EOY)
- $27,232
- Total reported net assets (EOY)
- $1,236,149,360
Contributions & income
- Employer contributions
- $16,790,652
- Participant contributions
- $39,146,254
- Total income / additions
- $250,424,740
Expenses & distributions
- Benefits paid / distributions
- $136,980,232
- Total expenses
- $137,526,355
- Net increase / (decrease)
- $112,898,385
Coverage
- Total reported participants
- 18,978
- Plans with financial statements
- 3
- Plans with provider compensation
- 3
Totals sum the latest loaded 2023 public Form 5500 filing per plan for this company's plans — one filing per plan, so multiple years are never double-counted. Figures are reported values from loaded Schedule H / I (and Schedule C for provider compensation); fields a plan did not report are treated as missing, not zero. These are not audited or official totals.
Largest loaded plans by reported assets
| Plan | Plan # | Participants | Reported assets (EOY) | Year |
|---|---|---|---|---|
| Webster Bank Retirement Savings Plan | 003 | 4,964 | $1,019,008,040 | 2023 |
| Webster Bank Pension Plan | 004 | 3,033 | $217,168,552 | 2023 |
| Sterling National Bank 401(K) And Profit Sharing Plan | 002 | 2,194 | $0 | 2023 |
| Webster Bank Group Insurance Plan | 508 | 4,412 | not reported in the loaded dataset | 2023 |
| Business Trip Insurance | 520 | 4,256 | not reported in the loaded dataset | 2023 |
| Sterling Bancorp Bank Owned Life Insurance | 503 | 103 | not reported in the loaded dataset | 2023 |
| Sterling National Bank Severance Pay Plan | 506 | 16 | not reported in the loaded dataset | 2023 |
Latest loaded filings
| Year | Plan | Participants | Schedules | Filing |
|---|---|---|---|---|
| 2023 | Business Trip Insurance | 4,256 | — | 20240722162922NAL0010820881001 |
| 2023 | Sterling National Bank Severance Pay Plan | 1,183 | — | 20240722163404NAL0010329985001 |
| 2023 | Webster Bank Group Insurance Plan | 4,412 | — | 20240722163657NAL0010333473001 |
| 2023 | Webster Bank Retirement Savings Plan | 4,964 | H, C | 20240912084836NAL0013766640001 |
| 2023 | Sterling National Bank 401(K) And Profit Sharing Plan | 2,194 | H, C | 20241004152541NAL0012389793001 |
| 2023 | Sterling Bancorp Bank Owned Life Insurance | 103 | — | 20241007101009NAL0031444642001 |
| 2023 | Webster Bank Pension Plan | 3,033 | H, C | 20241014160546NAL0015262755001 |
| 2023 | Sterling National Bank Severance Pay Plan | 16 | — | 20241024114655NAL0002029858001 |