Torrington Savings Bank 401(k) match, vesting and fees
What Torrington Savings Bank's 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Usi Consulting Group, Inc. | Schedule C ↗ |
| Independent auditor | Caron & Bletzer, PLLC (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2025 medians for 1,478 defined-contribution plans in finance and insurance with 100 to 499 participants.
| Torrington Savings Bank: employer contribution per participant | $5,263 | |
| Peer median | $3,122 |
| Torrington Savings Bank: average balance | $170,588 | |
| Peer median | $111,687 |
| Torrington Savings Bank: admin expenses ÷ assets | 0.45% | |
| Peer median | 0.20% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $16.6M at the end of plan year 2021 to $28.5M at the end of plan year 2025.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2025 | 168 | $28.5M | $879K | $5,263 | 0.45% | Not published | Form 5500 ↗ |
| 2024 | 164 | $26.7M | $810K | $5,029 | 0.41% | Not published | Form 5500 ↗ |
| 2023 | 156 | $24.9M | $737K | $4,852 | 0.45% | Not published | Form 5500 ↗ |
| 2022 | 169 | $21.5M | $224K | $1,384 | 0.33% | Not published | Form 5500 ↗ |
| 2021 | 148 | $16.6M | $207K | $1,524 | 0.42% | Not published | Form 5500 ↗ |
Other Torrington Savings Bank plans (1)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
Torrington Savings Bank Defined Contribution Retirement Plan
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Hooker & Holcombe Retirement Servic | Schedule C ↗ |
| Independent auditor | Caron & Bletzer, PLLC (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | Profit-sharing · Terminated (final filing) | Form 5500 ↗ |
Common questions
Does Torrington Savings Bank match 401(k) contributions?
The match terms for the Torrington Savings Bank 401(k) Savings Plan have not been published from its filing yet. The plan year 2025 filing reports $879K in employer contributions, about $5,263 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Torrington Savings Bank 401(k) match vested?
The vesting schedule for the Torrington Savings Bank 401(k) Savings Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Torrington Savings Bank 401(k)?
The recordkeeper listed on Schedule C of the plan year 2025 filing is Usi Consulting Group, Inc.. The plan administrator is Torrington Savings Bank.
I left Torrington Savings Bank. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Torrington Savings Bank, (860) 496-2152) or the recordkeeper, Usi Consulting Group, Inc.. The Torrington Savings Bank old 401(k) page lists the contacts from every plan filing. Find an old Torrington Savings Bank 401(k)
Data from the public Form 5500 annual reports Torrington Savings Bank filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024 and 2025) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Torrington Savings Bank. Not financial advice. Report a correction · Methodology