401(k) · DOL Form 5500 · 2022
Provident Bank 401(k) Plan
Data updated 2026-08-11
- $142M
- Total assets
- 1,158
- Participants
- 94th
- Percentile by assets
- $122,456
- Avg per participant
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.
- 94th percentile by assets (of 139,126 plans)
- #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.
- $142M
- total plan assets (2022 EOY)
- 1,158
- covered participants
- 94th
- percentile by assets (of 139,126 plans)
- $122,456
- avg assets per participant
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 vs the 2022 asset distribution
By assets, Provident Bank 401(k) Plan outranks 94% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 1.4x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2022)
| Total Assets (Beginning of Year) | $166M |
|---|---|
| Net Assets (End of Year) | $142M |
| Net Income | -$25M |
| Employer EIN | 221211130 |
| Plan Effective Date | 1981-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Provident Bank)
| 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
- JPMorgan Chase 401(k) Savings Plan $36.8B · 168,280
- Verizon Savings Plan for Management Employees $25.2B · 76,788
- Johnson and Johnson Savings Plan $21.2B · 43,271
- Pfizer Savings Plan $17.8B · 27,796
- Ernst & Young Retirement Savings Plan $12.4B · 52,975
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Provident Bank 401(k) Plan by total assets, not by location.
- United Fire Group 401(k) Plan (IA) $142M · 1,077
- R.C. Willey Home Furnishings Combined Retirement Investment Savings Plan (UT) $142M · 2,106
- Swissport North America Holdings, Inc. (NC) $142M · 4,962
- Spring Education Group 401(k) Retirement Plan (PA) $142M · 5,638
Frequently Asked Questions
How did Provident Bank 401(k) Plan assets move in 2022? ▼
How have Provident Bank plan assets changed over time? ▼
Where does Provident Bank 401(k) Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to Provident Bank 401(k) Plan? ▼
Next read for Provident Bank 401(k) Plan
Scale reading
Ways to act on Provident Bank 401(k) Plan's numbers.
- By total assets, Provident Bank 401(k) Plan ranks in the top 10% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in New Jersey. Compare plans
- Provident Bank's sponsor-wide assets have grown 54.5% since 2022 across 3 plan years on file. More Finance & Insurance plans