Profit Sharing
2022 plan-year Profit Sharing DOL Form 5500

Selective Insurance Retirement Savings Plan

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by Selective Insurance Company of America · New Jersey · Finance & Insurance

What the 2023 filing shows

Selective Insurance Retirement Savings Plan holds $567M for 2,470 participants — about $229,372 per participant, down 17.4% over the 2022 plan year.

$567M
total plan assets (2022 EOY)
2,470
covered participants
$229,372
avg assets per participant
-17.4%
assets change YoY

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.

Total Assets (2023)
$567M
Participants
2,470
State
Industry
Finance & Insurance

What the Filing Says About Selective Insurance Retirement Savings Plan

Selective Insurance Retirement Savings Plan is a Profit Sharing retirement plan sponsored by Selective Insurance Company of America, headquartered in New Jersey. As of the 2022 Form 5500 filing, the plan reports $567M in total end-of-year assets and covers 2,470 participants across the Finance & Insurance industry. The sponsor's EIN on file with the U.S. Department of Labor is 221272390, and the plan has been effective since 1980-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $686M at the beginning of 2022 to $567M at year-end — a decline of 17.4%. Net assets (after liabilities) closed the year at $567M, with reported net income of $-119,316,937 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$686M
Total Assets (End of Year)$567M
Net Assets (End of Year)$567M
Net Income$-119,316,937
Plan TypeProfit Sharing
Employer EIN221272390
Plan Effective Date1980-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Selective Insurance Company of America)

Year Plans Participants Total Assets
2022 2 3,009 $908M
2023 2 3,070 $1.0B
2024 2 3,148 $1.1B

Nearby Profit Sharing Plans in New Jersey

Peer Profit Sharing plans — same state, same plan type — ranked by total assets.

Frequently Asked Questions

How much money is in the Selective Insurance Retirement Savings Plan?
As of the 2022 Form 5500 filing, Selective Insurance Retirement Savings Plan holds $567M in total assets with 2,470 participants. It is sponsored by Selective Insurance Company of America.
What type of plan is Selective Insurance Retirement Savings Plan?
Selective Insurance Retirement Savings Plan is a Profit Sharing plan. It has been effective since 1980-01-01. The plan is filed with the U.S. Department of Labor under EIN 221272390.
Who sponsors the Selective Insurance Retirement Savings Plan?
Selective Insurance Retirement Savings Plan is sponsored by Selective Insurance Company of America, located in New Jersey. The sponsor's EIN is 221272390 and the plan operates in the Finance & Insurance industry.
How did Selective Insurance Retirement Savings Plan perform in 2022?
Selective Insurance Retirement Savings Plan declined by 17.4% during 2022, moving from $686M to $567M in total assets. Net income was $-119,316,937.
Where can I find official filings for Selective Insurance Retirement Savings Plan?
Official Form 5500 filings for Selective Insurance Retirement Savings Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 221272390 or plan name at efast.dol.gov.
How does Selective Insurance Retirement Savings Plan compare to other plans?
You can compare Selective Insurance Retirement Savings Plan against other Profit Sharing plans on the plan type page, or view plans in New Jersey on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) — original filing retrieval by EIN 221272390.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.