Defined Benefit (Pension)
2022 plan-year Defined Benefit (Pension) DOL Form 5500

Retirement Income Plan for Selective Insurance Company of America

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

Retirement Income Plan for Selective Insurance Company of America holds $342M for 539 participants — about $634,198 per participant, down 25.1% over the 2022 plan year.

$342M
total plan assets (2022 EOY)
539
covered participants
$634,198
avg assets per participant
-25.1%
assets change YoY

The plan reported a net loss of $115M for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$342M
Participants
539
State
Industry
Finance & Insurance

What the Filing Says About Retirement Income Plan for Selective Insurance Company of America

Retirement Income Plan for Selective Insurance Company of America is a Defined Benefit (Pension) retirement plan sponsored by Selective Insurance Company of America, headquartered in New Jersey. As of the 2022 Form 5500 filing, the plan reports $342M in total end-of-year assets and covers 539 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 1986-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $457M at the beginning of 2022 to $342M at year-end — a decline of 25.1%. Net assets (after liabilities) closed the year at $342M, with reported net income of $-114,801,981 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)$457M
Total Assets (End of Year)$342M
Net Assets (End of Year)$342M
Net Income$-114,801,981
Plan TypeDefined Benefit (Pension)
Employer EIN221272390
Plan Effective Date1986-01-01
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 Defined Benefit (Pension) Plans in New Jersey

Peer Defined Benefit (Pension) plans — same state, same plan type — ranked by total assets.

Frequently Asked Questions

How much money is in the Retirement Income Plan for Selective Insurance Company of America?
As of the 2022 Form 5500 filing, Retirement Income Plan for Selective Insurance Company of America holds $342M in total assets with 539 participants. It is sponsored by Selective Insurance Company of America.
What type of plan is Retirement Income Plan for Selective Insurance Company of America?
Retirement Income Plan for Selective Insurance Company of America is a Defined Benefit (Pension) plan. It has been effective since 1986-01-01. The plan is filed with the U.S. Department of Labor under EIN 221272390.
Who sponsors the Retirement Income Plan for Selective Insurance Company of America?
Retirement Income Plan for Selective Insurance Company of America 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 Retirement Income Plan for Selective Insurance Company of America perform in 2022?
Retirement Income Plan for Selective Insurance Company of America declined by 25.1% during 2022, moving from $457M to $342M in total assets. Net income was $-114,801,981.
Where can I find official filings for Retirement Income Plan for Selective Insurance Company of America?
Official Form 5500 filings for Retirement Income Plan for Selective Insurance Company of America 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 Retirement Income Plan for Selective Insurance Company of America compare to other plans?
You can compare Retirement Income Plan for Selective Insurance Company of America against other Defined Benefit (Pension) 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.