Defined Benefit (Pension) · DOL Form 5500 · 2022

Provident Bank Pension Plan

Data updated 2026-08-25

$48M
Total assets Below avg plan size
103
Participants Small participant base
88th
Percentile by assets National rank
$465,263
Avg per participant High balance/head
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Official DOL plan name: Provident Bank Pension Plan · Sponsored by Provident Bank · New Jersey · Finance & Insurance

$48M in assets, 103 participants

Provident Bank's Provident Bank Pension Plan reported $48M in total assets and 103 participants in its 2022 DOL Form 5500 filing, ranking in the 88th 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.

  • #7,426 in Finance & Insurance (9,261 peers)

Coverage in New Jersey

Provident Bank Pension Plan covers 103 participants in New Jersey, about 12% of the average New Jersey filer (state average ~844 per filing). Assets: $48M.

#7,426
in Finance & Insurance (9,261 peers)
-18.0%
assets change YoY
0.5×
vs typical plan assets (national mean)

The plan reported a net loss of $11M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Provident Bank Pension Plan's outsized position by total assets

Provident Bank Pension Plan vs every filed plan by assets

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

$47,922,078 Top 12% higher than 88% 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

Provident Bank Pension 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. Provident Bank Pension Plan sits mid-pack in the medium band (103 participants).

DOL schedule card

Filing strip 221211130 · Provident Bank PY 2022 · Defined Benefit (Pension)

Provident Bank Pension Plan · $48M · 103 · 88th

  • 5500 $48M
  • ASSETS 103
  • PCT 88th
  • EIN Defined Benefit (Pension)
  • RANK near Retirement Plan for Bargaining Employees at Iaap
  • PHOTO ind #7426

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 New Jersey →

Provident Bank Pension Plan in the asset neighbourhood

Nielsen & Bainbridge Employees' Retirement Income PlanNielsen & Bainbridge Employe…$48MCleary Gottlieb Steen & Hamilton LLP 2013 Cash Balance PlanCleary Gottlieb Steen & Hami…$48MRetirement Plan for Bargaining Employees at IaapRetirement Plan for Bargaini…$48MNeenah Consolidated Pension PlanNeenah Consolidated Pension …$48MProvident Bank Pension Plan$48M
End-of-year total assets ($M) among Provident Bank Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

New Jersey filing particulars

Total Assets (Beginning of Year)$58M
Net Assets (End of Year)$48M
Net Income-$11M
Employer EIN221211130
Plan Effective Date1966-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Provident Bank)

Sponsor-wide plan assets over time

All Provident Bank plans reported in each filing year

Latest sponsor-wide plan assets
$406M 54.51965368048766% vs 2022
2024 filing year
$200M$250M$300M$350M$400M$450M 202220232024 $263M $406M ▲ +54.5%
Year Plans Participants Total Assets
2022 3 2,244 $263M
2023 3 2,182 $276M
2024 4 3,700 $406M

Nearby Defined Benefit (Pension) Plans in New Jersey

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

Provident Bank Pension Plan vs. nearby Defined Benefit (Pension) plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -50510152025 Total assets ($B) Participants Provident Bank Pension Plan, Total assets ($B): 0.047922078 · Participants: 103Provident Bank Pension PlanRetirement Plan of Johnson and Johnson, Total assets ($B): 19.833052673 · Participants: 38100Retirement Plan of Johnson and JohnsonJPMorgan Chase Retirement Plan, Total assets ($B): 14.820156855 · Participants: 102340JPMorgan Chase Retirement PlanNokia Retirement Income Plan, Total assets ($B): 14.495801 · Participants: 7413Nokia Retirement Income PlanThe Prudential Merged Retirement Plan, Total assets ($B): 12.277296822 · Participants: 17538The Prudential Merged Retirement PlanVerizon Pension Plan for Associates, Total assets ($B): 10.941506503 · Participants: 25746Verizon Pension Plan for Associates
Provident Bank Pension Plan vs. nearby Defined Benefit (Pension) plans in New Jersey, assets vs. participants

Provident Bank Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside New Jersey, the nearest Defined Benefit (Pension) by assets is Retirement Plan for Bargaining Employees at Iaap in PA ($48M); by covered participants it is Instrumentation Laboratory Retirement Plan in MA (103 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (103 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 Provident Bank Pension Plan assets move in 2022?
Provident Bank Pension Plan declined sharply - down 18.0% during 2022, from $58M to $48M. Reported net income was -$11M.
How have Provident Bank plan assets changed over time?
Across 3 plan years on file (2022-2024), Provident Bank's sponsor-wide assets grew 54.5%, from $263M to $406M.
Where does Provident Bank Pension Plan rank by assets among Form 5500 filers?
Provident Bank Pension Plan ranks in the 88th 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 Defined Benefit (Pension) plans are similar in size to Provident Bank Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Retirement Plan for Bargaining Employees at Iaap in PA ($48M, 174 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Provident Bank Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Instrumentation Laboratory Retirement Plan in MA (103 participants, $15M in assets).