Webster Bank, N.a. 401(k) Plan: Login, Facts & Contact Information

Webster Bank, N.a. 401(k) Plan Facts

Plan name
WEBSTER BANK RETIREMENT SAVINGS PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
WEBSTER BANK, N.A.
Participants
5,648 (4,326 active employees)
Former employees with a balance
2,204
Plan assets
$1,129,668,892 at Dec 31, 2024
Average account balance
$173,822 across 6,499 accounts
Employer contributions
$20,931,444 in plan year 2024 (31% of all contributions)
Recordkeeper
Fidelity Investments Institutional
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Oct 1, 1984
✓ Employer contributions✓ Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments✓ Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Sep 17, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $66.8 million went into the plan in contributions, $20.9 million of it from the employer (31%).
  • $114.6 million was paid out to participants.
  • Investment and other income added $156.5 million.
  • Administrative expenses were $249,785, about $38 per account.

How the Webster Bank, N.a. 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20194,881$551.2 million$13.0 million$34.4 million
20205,081$651.3 million$13.4 million$34.2 million
20215,011$718.7 million$13.2 million$73.6 million
20225,303$575.5 million$12.3 million$60.0 million
20234,964$1.02 billion$13.2 million$64.5 million
20245,648$1.13 billion$20.9 million$114.6 million

Webster Bank, N.a. 401(k) Contact Information

Phone
516-327-7503
Mailing address
ONE JERICHO PLAZA, JERICHO NY 11753
Plan sponsor
WEBSTER BANK, N.A.
Employer identification number (EIN)
06-0273620
Plan number
003

Questions about the Webster Bank, N.a. 401(k)

Does Webster Bank, N.a contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $20.9 million, 31% of all contributions.

Does the Webster Bank, N.a 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Webster Bank, N.a 401(k) plan?

5,648 participants at the start of plan year 2024, 4,326 of them active employees, and 2,204 former employees who still had money in the plan.

What is the average 401(k) balance at Webster Bank, N.a?

About $173,822 per account: $1.13 billion in plan assets across 6,499 accounts with a balance at the end of plan year 2024.

Who manages the Webster Bank, N.a 401(k) accounts?

Fidelity NetBenefits (listed on the filing as FIDELITY INVESTMENTS INSTITUTIONAL) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Webster Bank, N.a. How do I access my 401(k)?

Your account stays with Fidelity NetBenefits after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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