401(k) · DOL Form 5500 · 2022

Somerset Trust Company 401(k) Plan

Data updated 2026-08-25

$36M
Total assets Below avg plan size
453
Participants Below avg headcount
85th
Percentile by assets National rank
$78,736
Avg per participant Below avg balance/head
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Official DOL plan name: Somerset Trust Company 401(k) Profit Sharing Plan · Sponsored by Somerset Trust Company · Pennsylvania · Finance & Insurance

$36M in assets, 453 participants

Somerset Trust Company's Somerset Trust Company 401(k) Profit Sharing Plan reported $36M in total assets and 453 participants in its 2022 DOL Form 5500 filing, ranking in the 85th 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.

  • #6,993 in Finance & Insurance (9,261 peers)

Where Somerset Trust Company 401(k) Profit Sharing Plan sits by assets

Somerset Trust Company 401(k) Profit Sharing Plan sits in the top quartile of all filed plans by assets, $36M for 453 participants (~$78,736/participant), down 15.6% in 2022.

#6,993
in Finance & Insurance (9,261 peers)
-15.6%
assets change YoY
0.4×
vs typical plan assets (national mean)

The plan reported a net loss of $7M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Somerset Trust Company 401(k) Profit Sharing Plan's outsized position by total assets

Somerset Trust Company 401(k) Profit Sharing Plan vs every filed plan by assets

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

$35,667,541 Top 15% higher than 85% 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

Somerset Trust Company 401(k) Profit Sharing Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Somerset Trust Company 401(k) Profit Sharing Plan sits mid-pack in the medium band (453 participants).

EBSA filing schedule strip

Filing strip 250807970 · Somerset Trust Company PY 2022 · 401(k)

Somerset Trust Company 401(k) Profit Sharing Plan · $36M · 453 · 85th

  • VS-ST $36M
  • VS-ST 453
  • VS-ST 85th
  • VS-ST 401(k)
  • VS-ST near Viking Holding Company, LLC 401(k) Plan
  • VS-ST ind #6993

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 Pennsylvania →

Somerset Trust Company 401(k) Profit Sharing Plan in the asset neighbourhood

Somerset Trust Company 401(k) Profit Sharing PlanSomerset Trust Company 401(k…$36MViking Holding Company, LLC 401(k) PlanViking Holding Company, LLC …$36MWalsh Gallegos 401(k) Plan$36MBig Rock 401(k) Savings Plan$36MStillwater Insurance Group 401(k) PlanStillwater Insurance Group 4…$36M
End-of-year total assets ($M) among Somerset Trust Company 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$42M
Net Assets (End of Year)$36M
Net Income-$7M
Employer EIN250807970
Plan Effective Date1971-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Somerset Trust Company)

Sponsor-wide plan assets over time

All Somerset Trust Company plans reported in each filing year

Latest sponsor-wide plan assets
$51M 12.450359239444822% vs 2022
2024 filing year
$45M$50M$55M$60M 202220232024 $58.7M $51.4M ▼ -12.4%
Year Plans Participants Total Assets
2022 3 1,100 $59M
2023 3 1,113 $50M
2024 2 963 $51M

Nearby 401(k) Plans in Pennsylvania

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

Somerset Trust Company 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -505101520 Total assets ($B) Participants Somerset Trust Company 401(k) Profit Sharing Plan, Total assets ($B): 0.035667541 · Participants: 453Somerset Trust Company 401(k) Profit Sharing PlanComcast Corporation Retirement - Investment Plan, Total assets ($B): 14.751564896 · Participants: 97769Comcast Corporation Retirement - Investment PlanCigna 401(k) Plan, Total assets ($B): 11.46087279 · Participants: 66147Cigna 401(k) PlanThe PNC Financial Services Group, Inc. Incentive Savings Plan, Total assets ($B): 8.11713 · Participants: 59451The PNC Financial Services Group, Inc. Incentive Savings PlanThe Vanguard Retirement and Savings Plan, Total assets ($B): 8.097254785 · Participants: 17073The Vanguard Retirement and Savings PlanThe Bank of New York Mellon Corporation 401(k) Savings Plan, Total assets ($B): 7.823164827 · Participants: 25071The Bank of New York Mellon Corporation 401(k) Savings Plan
Somerset Trust Company 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants
Compare Somerset Trust Company 401(k) Profit Sharing Plan side-by-side with 3 peers →

Somerset Trust Company 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Pennsylvania, the nearest 401(k) by assets is Viking Holding Company, LLC 401(k) Plan in FL ($36M); by covered participants it is Primeritus Financial Services Inc. 401(k) Profit Sharing Plan in TN (453 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($36M here).

Similar participant headcount

Nearest other-state filings by covered participants (453 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 Somerset Trust Company 401(k) Profit Sharing Plan assets move in 2022? ▼
Somerset Trust Company 401(k) Profit Sharing Plan declined sharply - down 15.6% during 2022, from $42M to $36M. Reported net income was -$7M.
How have Somerset Trust Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Somerset Trust Company's sponsor-wide assets declined 12.5%, from $59M to $51M.
Where does Somerset Trust Company 401(k) Profit Sharing Plan rank by assets among Form 5500 filers? ▼
Somerset Trust Company 401(k) Profit Sharing Plan ranks in the 85th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Somerset Trust Company 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Viking Holding Company, LLC 401(k) Plan in FL ($36M, 904 participants).
Which 401(k) plans cover a similar participant headcount to Somerset Trust Company 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Primeritus Financial Services Inc. 401(k) Profit Sharing Plan in TN (453 participants, $8M in assets).

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 250807970.

Read our methodology - how this data is sourced, computed, and verified.

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