401(k) · DOL Form 5500 · 2022

Provident Bank 401(k) Plan

Data updated 2026-08-25

$142M
Total assets Near avg plan size
1,158
Participants Near avg headcount
94th
Percentile by assets National rank
$122,456
Avg per participant Near avg balance/head
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Official DOL plan name: Provident Bank 401(k) Plan · Sponsored by Provident Bank · New Jersey · Finance & Insurance

$142M in assets, 1,158 participants

Provident Bank's Provident Bank 401(k) Plan reported $142M in total assets and 1,158 participants in its 2022 DOL Form 5500 filing, ranking in the 94th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #8,403 in Finance & Insurance (9,261 peers)

Where Provident Bank 401(k) Plan sits by assets

Provident Bank 401(k) Plan sits in the top 10% of all filed plans by assets, $142M for 1,158 participants (~$122,456/participant), down 14.8% in 2022.

#8,403
in Finance & Insurance (9,261 peers)
-14.8%
assets change YoY
1.4×
vs typical plan assets (national mean)

The plan reported a net loss of $25M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Provident Bank 401(k) Plan's outsized position by total assets

Provident Bank 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$141,804,587 Top 6% higher than 94% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Provident Bank 401(k) Plan's large-plan peer group by participant headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Provident Bank 401(k) Plan lands in the large band (1,158 participants).

DOL schedule card

Filing strip 221211130 · Provident Bank PY 2022 · 401(k)

Provident Bank 401(k) Plan · $142M · 1,158 · 94th

  • IND $142M
  • EOY 1,158
  • 5500 94th
  • ASSETS 401(k)
  • PCT near United Fire Group 401(k) Plan
  • EIN ind #8403

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Finance & Insurance retirement plans → · Plans in New Jersey →

Provident Bank 401(k) Plan in the asset neighbourhood

Spring Education Group 401(k) Retirement PlanSpring Education Group 401(k…$142MR.C. Willey Home Furnishings Combined Retirement Investment Savings PlanR.C. Willey Home Furnishings…$142MProvident Bank 401(k) Plan$142MUnited Fire Group 401(k) Plan$142MSwissport North America Holdings, Inc.Swissport North America Hold…$142M
End-of-year total assets ($M) among Provident Bank 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$166M
Net Assets (End of Year)$142M
Net Income-$25M
Employer EIN221211130
Plan Effective Date1981-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Provident Bank)

Sponsor-wide plan assets over time

All Provident Bank plans reported in each filing year

Latest sponsor-wide plan assets
$406M 54.51965368048766% vs 2022
2024 filing year
$200M$250M$300M$350M$400M$450M 202220232024 $263M $406M ▲ +54.5%
Year Plans Participants Total Assets
2022 3 2,244 $263M
2023 3 2,182 $276M
2024 4 3,700 $406M

Nearby 401(k) Plans in New Jersey

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Provident Bank 401(k) Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -10010203040 Total assets ($B) Participants Provident Bank 401(k) Plan, Total assets ($B): 0.141804587 · Participants: 1158Provident Bank 401(k) PlanJPMorgan Chase 401(k) Savings Plan, Total assets ($B): 36.787229834 · Participants: 168280JPMorgan Chase 401(k) Savings PlanVerizon Savings Plan for Management Employees, Total assets ($B): 25.16607858 · Participants: 76788Verizon Savings Plan for Management EmployeesJohnson and Johnson Savings Plan, Total assets ($B): 21.189900271 · Participants: 43271Johnson and Johnson Savings PlanPfizer Savings Plan, Total assets ($B): 17.828820505 · Participants: 27796Pfizer Savings PlanErnst & Young Retirement Savings Plan, Total assets ($B): 12.40459021 · Participants: 52975Ernst & Young Retirement Savings Plan
Provident Bank 401(k) Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants

Provident Bank 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside New Jersey, the nearest 401(k) by assets is United Fire Group 401(k) Plan in IA ($142M); by covered participants it is Prologis 401(k) Savings Plan in CO (1,158 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,158 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Provident Bank 401(k) Plan assets move in 2022? ▼
Provident Bank 401(k) Plan pulled back noticeably - down 14.8% during 2022, from $166M to $142M. Reported net income was -$25M.
How have Provident Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Provident Bank's sponsor-wide assets grew 54.5%, from $263M to $406M.
Where does Provident Bank 401(k) Plan rank by assets among Form 5500 filers? ▼
Provident Bank 401(k) Plan ranks in the 94th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Provident Bank 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is United Fire Group 401(k) Plan in IA ($142M, 1,077 participants).
Which 401(k) plans cover a similar participant headcount to Provident Bank 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Prologis 401(k) Savings Plan in CO (1,158 participants, $289M in assets).