401(k) · DOL Form 5500 · 2022

Selective Insurance Company of America 401(k) Plan

Data updated 2026-08-11

$567M
Total assets
2,470
Participants
98th
Percentile by assets
$229,372
Avg per participant
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Official DOL plan name: Selective Insurance Retirement Savings Plan · Sponsored by Selective Insurance Company of America · New Jersey · Finance & Insurance

$567M in assets, 2,470 participants

Selective Insurance Company of America's Selective Insurance Retirement Savings Plan reported $567M in total assets and 2,470 participants in its 2022 DOL Form 5500 filing, ranking in the 98th 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.

  • 98th percentile by assets (of 139,126 plans)
  • #8,937 in Finance & Insurance (9,261 peers)

Coverage in New Jersey

Selective Insurance Retirement Savings Plan covers 2,470 participants in New Jersey, 2.9x the typical New Jersey plan (state average ~844 per filing). Assets: $567M.

$567M
total plan assets (2022 EOY)
2,470
covered participants
98th
percentile by assets (of 139,126 plans)
$229,372
avg assets per participant

The plan reported a net loss of $119M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Participants vs New Jersey filers

In New Jersey, the average filing covers about 844 participants across 4,145 plans. Selective Insurance Retirement Savings Plan reports 2,470 participants - 2.9x that state average ($567M EOY assets).

New Jersey filing particulars

Total Assets (Beginning of Year)$686M
Net Assets (End of Year)$567M
Net Income-$119M
Employer EIN221272390
Plan Effective Date1980-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Selective Insurance Company of America)

$0.8B$0.9B$1B$1.1B$1.2B 202220232024 $0.91B $1.1B ▲ +20.9%
Total plan assets by year, all Selective Insurance Company of America plans on file
Year Plans Participants Total Assets
2022 2 3,009 $908M
2023 2 3,070 $1.0B
2024 2 3,148 $1.1B

Nearby 401(k) Plans in New Jersey

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

Selective Insurance Retirement Savings Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants

Selective Insurance Retirement Savings Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -10010203040 Total assets ($B) Participants Selective Insurance …JPMorgan Chase 401(k…Verizon Savings Plan…Johnson and Johnson …Pfizer Savings PlanErnst & Young Retire…
Selective Insurance Retirement Savings Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Selective Insurance Retirement Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Selective Insurance Retirement Savings Plan assets move in 2022?
Selective Insurance Retirement Savings Plan declined sharply - down 17.4% during 2022, from $686M to $567M. Reported net income was -$119M.
How have Selective Insurance Company of America plan assets changed over time?
Across 3 plan years on file (2022-2024), Selective Insurance Company of America's sponsor-wide assets grew 20.7%, from $908M to $1.1B.
Where does Selective Insurance Retirement Savings Plan rank by assets among Form 5500 filers?
Selective Insurance Retirement Savings Plan ranks in the 98th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Selective Insurance Retirement Savings Plan?
Among 401(k) plans in other states, the closest by assets is Sinclair Broadcast Group, Inc. 401(k) Retirement Savings Plan in MD ($567M, 8,536 participants).

Next read for Selective Insurance Retirement Savings P…

Filing takeaways

Ways to act on Selective Insurance Retirement Savings Plan's numbers.