Civic Intelligence

NAUGATUCK SAVINGS BANK

Plan context: Retirement Plan for Employees of Ion Bank

EIN 06-0465530 • Naugatuck, CT • 55 filings • 13 plans

251 Church StreetNaugatuck, CT 06770
Current Snapshot

Latest Year

2025

2025 Participants

38

2025 Assets

$58,201,363

2025 Contributions

$5,000,000

Historical Graphs

Total Assets Over Time

Aggregate end-of-year assets by filing year, excluding zero-asset years

$84,418,257$42,209,129$0199920122024YearValue
$58,201,363Latest year 2024

Participants Over Time

Largest reported end-of-year plan headcount by filing year, used to avoid double-counting participants across overlapping plans

3021510199920122024YearValue
38Latest year 2024

Company Timeline

Year summaries and individual filings are combined here so you can stay in one place while moving across years and plan filings.

Year / FilingFilingsParticipantsAssetsContributionsContrib./Participant
202510$0$0-
Retirement Plan for Employees of Ion Bank-0---
2024138$58,201,363$0-
Retirement Plan for Employees of Ion Bank-38$58,201,363--
2023146$79,275,680$0-
Retirement Plan for Employees of Ion Bank-46$79,275,680--
2022147$70,963,872$0-
Retirement Plan for Employees of Ion Bank-47$70,963,872--
2021151$84,418,257$0-
Retirement Plan for Employees of Ion Bank-51$84,418,257--
2020155$75,957,122$5,000,000$90,909iApproximate average salary by contribution assumption: employee only about $2,272,727 at 4% or $1,515,152 at 6%; with 50% employer match about $1,515,152 at 4% or $1,010,101 at 6%; with 100% employer match about $1,136,364 at 4% or $757,576 at 6%.
Retirement Plan for Employees of Ion Bank-55$75,957,122$5,000,000$90,909iApproximate average salary by contribution assumption: employee only about $2,272,727 at 4% or $1,515,152 at 6%; with 50% employer match about $1,515,152 at 4% or $1,010,101 at 6%; with 100% employer match about $1,136,364 at 4% or $757,576 at 6%.
2019161$65,585,277$1,800,000$29,508iApproximate average salary by contribution assumption: employee only about $737,705 at 4% or $491,803 at 6%; with 50% employer match about $491,803 at 4% or $327,869 at 6%; with 100% employer match about $368,852 at 4% or $245,902 at 6%.
Retirement Plan for Employees of Ion Bank-61$65,585,277$1,800,000$29,508iApproximate average salary by contribution assumption: employee only about $737,705 at 4% or $491,803 at 6%; with 50% employer match about $491,803 at 4% or $327,869 at 6%; with 100% employer match about $368,852 at 4% or $245,902 at 6%.
20182302$79,385,400$3,074,909$10,182iApproximate average salary by contribution assumption: employee only about $254,545 at 4% or $169,697 at 6%; with 50% employer match about $169,697 at 4% or $113,131 at 6%; with 100% employer match about $127,273 at 4% or $84,848 at 6%.
Retirement Plan for Employees of Ion Bank-66$55,070,532--
Naugatuck Savings Bank 401K Profit Sharing Plan & Trust-302$24,314,868$3,074,909$10,182iApproximate average salary by contribution assumption: employee only about $254,545 at 4% or $169,697 at 6%; with 50% employer match about $169,697 at 4% or $113,131 at 6%; with 100% employer match about $127,273 at 4% or $84,848 at 6%.
20172293$83,907,481$2,278,096$7,775iApproximate average salary by contribution assumption: employee only about $194,377 at 4% or $129,585 at 6%; with 50% employer match about $129,585 at 4% or $86,390 at 6%; with 100% employer match about $97,188 at 4% or $64,792 at 6%.
Retirement Plan for Employees of Ion Bank-71$60,066,828--
Naugatuck Savings Bank 401K Profit Sharing Plan & Trust-293$23,840,653$2,278,096$7,775iApproximate average salary by contribution assumption: employee only about $194,377 at 4% or $129,585 at 6%; with 50% employer match about $129,585 at 4% or $86,390 at 6%; with 100% employer match about $97,188 at 4% or $64,792 at 6%.
2016276$54,028,997$1,500,000$19,737iApproximate average salary by contribution assumption: employee only about $493,421 at 4% or $328,947 at 6%; with 50% employer match about $328,947 at 4% or $219,298 at 6%; with 100% employer match about $246,711 at 4% or $164,474 at 6%.
Retirement Plan for Employees of Ion Bank-76$54,028,997$1,500,000$19,737iApproximate average salary by contribution assumption: employee only about $493,421 at 4% or $328,947 at 6%; with 50% employer match about $328,947 at 4% or $219,298 at 6%; with 100% employer match about $246,711 at 4% or $164,474 at 6%.
Ion Financial, Mhc Short Term Disability Plan-0---
2015181$50,070,355$0-
Retirement Plan for Employees of Ion Bank-81$50,070,355--
2014286$51,858,677$0-
Retirement Plan for Employees of Ion Bank-86$51,858,677--
ION BANK CAFETERIA PLAN-0---
20133186$49,490,370$1,086,380$5,841iApproximate average salary by contribution assumption: employee only about $146,019 at 4% or $97,346 at 6%; with 50% employer match about $97,346 at 4% or $64,897 at 6%; with 100% employer match about $73,009 at 4% or $48,673 at 6%.
Retirement Plan for Employees of Ion Bank-93$49,477,139$1,000,000$10,753iApproximate average salary by contribution assumption: employee only about $268,817 at 4% or $179,211 at 6%; with 50% employer match about $179,211 at 4% or $119,474 at 6%; with 100% employer match about $134,409 at 4% or $89,606 at 6%.
ION BANK CAFETERIA PLAN-81$13,231$86,380$1,066iApproximate average salary by contribution assumption: employee only about $26,660 at 4% or $17,774 at 6%; with 50% employer match about $17,774 at 4% or $11,849 at 6%; with 100% employer match about $13,330 at 4% or $8,887 at 6%.
ION FINANCIAL, MHC LONG TERM CARE PLAN-186---
20122101$43,544,446$45,417$450iApproximate average salary by contribution assumption: employee only about $11,242 at 4% or $7,495 at 6%; with 50% employer match about $7,495 at 4% or $4,996 at 6%; with 100% employer match about $5,621 at 4% or $3,747 at 6%.
Retirement Plan for Employees of Ion Bank-101$41,933,192--
NAUGATUCK SAVINGS BANK CAFETERIA PLAN-34$1,611,254$45,417$1,336iApproximate average salary by contribution assumption: employee only about $33,395 at 4% or $22,263 at 6%; with 50% employer match about $22,263 at 4% or $14,842 at 6%; with 100% employer match about $16,697 at 4% or $11,132 at 6%.
20112108$38,375,979$3,041,775$28,165iApproximate average salary by contribution assumption: employee only about $704,115 at 4% or $469,410 at 6%; with 50% employer match about $469,410 at 4% or $312,940 at 6%; with 100% employer match about $352,057 at 4% or $234,705 at 6%.
Retirement Plan for Employees of Ion Bank-108$38,367,592$3,000,000$27,778iApproximate average salary by contribution assumption: employee only about $694,444 at 4% or $462,963 at 6%; with 50% employer match about $462,963 at 4% or $308,642 at 6%; with 100% employer match about $347,222 at 4% or $231,481 at 6%.
NAUGATUCK SAVINGS BANK CAFETERIA PLAN-30$8,387$41,775$1,393iApproximate average salary by contribution assumption: employee only about $34,813 at 4% or $23,208 at 6%; with 50% employer match about $23,208 at 4% or $15,472 at 6%; with 100% employer match about $17,406 at 4% or $11,604 at 6%.
20102113$35,644,466$41,028$363iApproximate average salary by contribution assumption: employee only about $9,077 at 4% or $6,051 at 6%; with 50% employer match about $6,051 at 4% or $4,034 at 6%; with 100% employer match about $4,538 at 4% or $3,026 at 6%.
Retirement Plan for Employees of Ion Bank-113$35,629,141--
NAUGATUCK SAVINGS BANK CAFATERIA PLAN-26$15,325$41,028$1,578iApproximate average salary by contribution assumption: employee only about $39,450 at 4% or $26,300 at 6%; with 50% employer match about $26,300 at 4% or $17,533 at 6%; with 100% employer match about $19,725 at 4% or $13,150 at 6%.
20093257$40,220,934$7,702,962$29,973iApproximate average salary by contribution assumption: employee only about $749,315 at 4% or $499,544 at 6%; with 50% employer match about $499,544 at 4% or $333,029 at 6%; with 100% employer match about $374,658 at 4% or $249,772 at 6%.
Retirement Plan for Employees of Ion Bank-120$32,529,564$6,500,000$54,167iApproximate average salary by contribution assumption: employee only about $1,354,167 at 4% or $902,778 at 6%; with 50% employer match about $902,778 at 4% or $601,852 at 6%; with 100% employer match about $677,083 at 4% or $451,389 at 6%.
Naugatuck Savings Bank 401K Profit Sharing Plan & Trust-257$7,682,057$1,165,364$4,534iApproximate average salary by contribution assumption: employee only about $113,362 at 4% or $75,575 at 6%; with 50% employer match about $75,575 at 4% or $50,383 at 6%; with 100% employer match about $56,681 at 4% or $37,787 at 6%.
NAUGATUCK SAVINGS BANK CAFETERIA PLAN-29$9,313$37,598$1,296iApproximate average salary by contribution assumption: employee only about $32,412 at 4% or $21,608 at 6%; with 50% employer match about $21,608 at 4% or $14,405 at 6%; with 100% employer match about $16,206 at 4% or $10,804 at 6%.
20083133$26,509,405$2,511,974$18,887iApproximate average salary by contribution assumption: employee only about $472,176 at 4% or $314,784 at 6%; with 50% employer match about $314,784 at 4% or $209,856 at 6%; with 100% employer match about $236,088 at 4% or $157,392 at 6%.
Retirement Plan for Employees of Ion Bank-127$21,518,620$1,849,307$14,561iApproximate average salary by contribution assumption: employee only about $364,037 at 4% or $242,691 at 6%; with 50% employer match about $242,691 at 4% or $161,794 at 6%; with 100% employer match about $182,018 at 4% or $121,346 at 6%.
Naugatuck Savings Bank 401K Profit Sharing Plan & Trust-133$4,978,501$623,300$4,686iApproximate average salary by contribution assumption: employee only about $117,162 at 4% or $78,108 at 6%; with 50% employer match about $78,108 at 4% or $52,072 at 6%; with 100% employer match about $58,581 at 4% or $39,054 at 6%.
NAUGATUCK SAVINGS BANK CAFETERIA PLAN-28$12,284$39,367$1,406iApproximate average salary by contribution assumption: employee only about $35,149 at 4% or $23,433 at 6%; with 50% employer match about $23,433 at 4% or $15,622 at 6%; with 100% employer match about $17,575 at 4% or $11,716 at 6%.
20073148$34,625,873$3,460,453$23,381iApproximate average salary by contribution assumption: employee only about $584,536 at 4% or $389,691 at 6%; with 50% employer match about $389,691 at 4% or $259,794 at 6%; with 100% employer match about $292,268 at 4% or $194,845 at 6%.
Retirement Plan for Employees of Ion Bank-138$28,587,115$3,000,000$21,739iApproximate average salary by contribution assumption: employee only about $543,478 at 4% or $362,319 at 6%; with 50% employer match about $362,319 at 4% or $241,546 at 6%; with 100% employer match about $271,739 at 4% or $181,159 at 6%.
Naugatuck Savings Bank 401K Profit Sharing Plan & Trust-148$6,038,758$460,453$3,111iApproximate average salary by contribution assumption: employee only about $77,779 at 4% or $51,853 at 6%; with 50% employer match about $51,853 at 4% or $34,569 at 6%; with 100% employer match about $38,890 at 4% or $25,926 at 6%.
NAUGATUCK SAVINGS BANK CAFETERIA PLAN-26---
20063160$28,980,807$3,022,198$18,889iApproximate average salary by contribution assumption: employee only about $472,218 at 4% or $314,812 at 6%; with 50% employer match about $314,812 at 4% or $209,875 at 6%; with 100% employer match about $236,109 at 4% or $157,406 at 6%.
Retirement Plan for Employees of Ion Bank-149$23,635,807$2,459,099$16,504iApproximate average salary by contribution assumption: employee only about $412,601 at 4% or $275,067 at 6%; with 50% employer match about $275,067 at 4% or $183,378 at 6%; with 100% employer match about $206,300 at 4% or $137,534 at 6%.
Naugatuck Savings Bank 401K Profit Sharing Plan & Trust-160$5,337,886$541,215$3,383iApproximate average salary by contribution assumption: employee only about $84,565 at 4% or $56,377 at 6%; with 50% employer match about $56,377 at 4% or $37,584 at 6%; with 100% employer match about $42,282 at 4% or $28,188 at 6%.
NAUGATUCK SAVINGS BANK CAFETERIA PLAN-21$7,114$21,884$1,042iApproximate average salary by contribution assumption: employee only about $26,052 at 4% or $17,368 at 6%; with 50% employer match about $17,368 at 4% or $11,579 at 6%; with 100% employer match about $13,026 at 4% or $8,684 at 6%.
20053149$23,979,256$2,581,274$17,324iApproximate average salary by contribution assumption: employee only about $433,100 at 4% or $288,733 at 6%; with 50% employer match about $288,733 at 4% or $192,489 at 6%; with 100% employer match about $216,550 at 4% or $144,367 at 6%.
Retirement Plan for Employees of Ion Bank-149$19,112,690$2,063,694$13,850iApproximate average salary by contribution assumption: employee only about $346,257 at 4% or $230,838 at 6%; with 50% employer match about $230,838 at 4% or $153,892 at 6%; with 100% employer match about $173,129 at 4% or $115,419 at 6%.
Naugatuck Savings Bank 401K Profit Sharing Plan & Trust-145$4,856,315$492,063$3,394iApproximate average salary by contribution assumption: employee only about $84,838 at 4% or $56,559 at 6%; with 50% employer match about $56,559 at 4% or $37,706 at 6%; with 100% employer match about $42,419 at 4% or $28,279 at 6%.
NAUGATUCK SAVINGS BANK CAFETERIA PLAN-19$10,251$25,517$1,343iApproximate average salary by contribution assumption: employee only about $33,575 at 4% or $22,383 at 6%; with 50% employer match about $22,383 at 4% or $14,922 at 6%; with 100% employer match about $16,788 at 4% or $11,192 at 6%.
20043149$20,906,337$3,267,637$21,930iApproximate average salary by contribution assumption: employee only about $548,261 at 4% or $365,507 at 6%; with 50% employer match about $365,507 at 4% or $243,672 at 6%; with 100% employer match about $274,131 at 4% or $182,754 at 6%.
Retirement Plan for Employees of Ion Bank-138$16,284,252$2,787,000$20,196iApproximate average salary by contribution assumption: employee only about $504,891 at 4% or $336,594 at 6%; with 50% employer match about $336,594 at 4% or $224,396 at 6%; with 100% employer match about $252,446 at 4% or $168,297 at 6%.
Naugatuck Savings Bank 401K Profit Sharing Plan & Trust-149$4,617,894$458,069$3,074iApproximate average salary by contribution assumption: employee only about $76,857 at 4% or $51,238 at 6%; with 50% employer match about $51,238 at 4% or $34,159 at 6%; with 100% employer match about $38,429 at 4% or $25,619 at 6%.
NAUGATUCK SAVINGS BANK CAFETERIA PLAN-22$4,191$22,568$1,026iApproximate average salary by contribution assumption: employee only about $25,645 at 4% or $17,097 at 6%; with 50% employer match about $17,097 at 4% or $11,398 at 6%; with 100% employer match about $12,823 at 4% or $8,548 at 6%.
20033140$16,767,546$3,598,797$25,706iApproximate average salary by contribution assumption: employee only about $642,642 at 4% or $428,428 at 6%; with 50% employer match about $428,428 at 4% or $285,619 at 6%; with 100% employer match about $321,321 at 4% or $214,214 at 6%.
Retirement Plan for Employees of Ion Bank-140$12,845,575$3,128,000$22,343iApproximate average salary by contribution assumption: employee only about $558,571 at 4% or $372,381 at 6%; with 50% employer match about $372,381 at 4% or $248,254 at 6%; with 100% employer match about $279,286 at 4% or $186,190 at 6%.
Naugatuck Savings Bank 401K Profit Sharing Plan & Trust-119$3,920,439$452,045$3,799iApproximate average salary by contribution assumption: employee only about $94,967 at 4% or $63,312 at 6%; with 50% employer match about $63,312 at 4% or $42,208 at 6%; with 100% employer match about $47,484 at 4% or $31,656 at 6%.
NAUGATUCK SAVINSS BANK CAPETERIA PLAN-16$1,532$18,752$1,172iApproximate average salary by contribution assumption: employee only about $29,300 at 4% or $19,533 at 6%; with 50% employer match about $19,533 at 4% or $13,022 at 6%; with 100% employer match about $14,650 at 4% or $9,767 at 6%.
20023132$8,425,843$1,354,429$10,261iApproximate average salary by contribution assumption: employee only about $256,521 at 4% or $171,014 at 6%; with 50% employer match about $171,014 at 4% or $114,009 at 6%; with 100% employer match about $128,260 at 4% or $85,507 at 6%.
Retirement Plan for Employees of Ion Bank-132$8,425,291$954,000$7,227iApproximate average salary by contribution assumption: employee only about $180,682 at 4% or $120,455 at 6%; with 50% employer match about $120,455 at 4% or $80,303 at 6%; with 100% employer match about $90,341 at 4% or $60,227 at 6%.
NAUGATUCK SAVINGS BANK CAFETERIA PLAN-15$552$8,605$574iApproximate average salary by contribution assumption: employee only about $14,342 at 4% or $9,561 at 6%; with 50% employer match about $9,561 at 4% or $6,374 at 6%; with 100% employer match about $7,171 at 4% or $4,781 at 6%.
Naugatuck Savings Bank 401K Profit Sharing Plan & Trust-118-$391,824$3,321iApproximate average salary by contribution assumption: employee only about $83,014 at 4% or $55,342 at 6%; with 50% employer match about $55,342 at 4% or $36,895 at 6%; with 100% employer match about $41,507 at 4% or $27,671 at 6%.
20012123$8,640,893$1,971,467$16,028iApproximate average salary by contribution assumption: employee only about $400,705 at 4% or $267,136 at 6%; with 50% employer match about $267,136 at 4% or $178,091 at 6%; with 100% employer match about $200,352 at 4% or $133,568 at 6%.
Retirement Plan for Employees of Ion Bank-123$8,640,893$1,632,000$13,268iApproximate average salary by contribution assumption: employee only about $331,707 at 4% or $221,138 at 6%; with 50% employer match about $221,138 at 4% or $147,425 at 6%; with 100% employer match about $165,854 at 4% or $110,569 at 6%.
Naugatuck Savings Bank 401K Profit Sharing Plan & Trust-101-$339,467$3,361iApproximate average salary by contribution assumption: employee only about $84,026 at 4% or $56,018 at 6%; with 50% employer match about $56,018 at 4% or $37,345 at 6%; with 100% employer match about $42,013 at 4% or $28,009 at 6%.
20002109$0$329,046$3,019iApproximate average salary by contribution assumption: employee only about $75,469 at 4% or $50,313 at 6%; with 50% employer match about $50,313 at 4% or $33,542 at 6%; with 100% employer match about $37,735 at 4% or $25,156 at 6%.
Naugatuck Savings Bank 401K Profit Sharing Plan & Trust-94-$329,046$3,500iApproximate average salary by contribution assumption: employee only about $87,512 at 4% or $58,341 at 6%; with 50% employer match about $58,341 at 4% or $38,894 at 6%; with 100% employer match about $43,756 at 4% or $29,171 at 6%.
Retirement Plan for Employees of Ion Bank-109---
1999294$7,740,010$380,000$4,043iApproximate average salary by contribution assumption: employee only about $101,064 at 4% or $67,376 at 6%; with 50% employer match about $67,376 at 4% or $44,917 at 6%; with 100% employer match about $50,532 at 4% or $33,688 at 6%.
Retirement Plan for Employees of Ion Bank-94$7,740,010$380,000$4,043iApproximate average salary by contribution assumption: employee only about $101,064 at 4% or $67,376 at 6%; with 50% employer match about $67,376 at 4% or $44,917 at 6%; with 100% employer match about $50,532 at 4% or $33,688 at 6%.
Naugatuck Savings Bank 401K Profit Sharing Plan & Trust-81---