ESOP · DOL Form 5500 · 2022
Provident Bank ESOP
Data updated 2026-08-11
- $73M
- Total assets
- 983
- Participants
- 91st
- Percentile by assets
- $74,189
- Avg per participant
Official DOL plan name: Provident Bank Employee Stock Ownership Plan · Sponsored by Provident Bank · New Jersey · Finance & Insurance
$73M in assets, 983 participants
Provident Bank's Provident Bank Employee Stock Ownership Plan reported $73M in total assets and 983 participants in its 2022 DOL Form 5500 filing, ranking in the 91st 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.
- 91st percentile by assets (of 139,126 plans)
- #7,892 in Finance & Insurance (9,261 peers)
Where Provident Bank Employee Stock Ownership Plan sits by assets
Provident Bank Employee Stock Ownership Plan sits in the top 10% of all filed plans by assets, $73M for 983 participants (~$74,189/participant), down 15.7% in 2022.
- $73M
- total plan assets (2022 EOY)
- 983
- covered participants
- 91st
- percentile by assets (of 139,126 plans)
- $74,189
- avg assets per participant
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.
Provident Bank Employee Stock Ownership Plan vs the 2022 asset distribution
By assets, Provident Bank Employee Stock Ownership Plan outranks 91% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 0.7x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2022)
| Total Assets (Beginning of Year) | $86M |
|---|---|
| Net Assets (End of Year) | $60M |
| Net Income | -$7M |
| Employer EIN | 221211130 |
| Plan Effective Date | 2002-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Provident Bank)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 3 | 2,244 | $263M |
| 2023 | 3 | 2,182 | $276M |
| 2024 | 4 | 3,700 | $406M |
Nearby ESOP Plans in New Jersey
Peer ESOP plans, same state, same plan type, ranked by total assets.
Provident Bank Employee Stock Ownership Plan vs. nearby ESOP plans in New Jersey, assets vs. participants
- Johnson and Johnson Retirement Savings Plan $511M · 3,858
- Okonite Company Employees Stock Ownership Plan $376M · 1,111
- Mathematica Group Holding Inc. Employee Stock Ownership Plan $303M · 1,383
- Conair LLC Savings and Investment Plan $299M · 1,131
- Investors Bank Amended and Restated Employee Stock Ownership Plan $127M · 1,287
Similar-Sized ESOP Plans Nationally
ESOP plans in other states closest to Provident Bank Employee Stock Ownership Plan by total assets, not by location.
Frequently Asked Questions
How did Provident Bank Employee Stock Ownership Plan assets move in 2022? ▼
How have Provident Bank plan assets changed over time? ▼
Where does Provident Bank Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Which ESOP plans are similar in size to Provident Bank Employee Stock Ownership Plan? ▼
Next read for Provident Bank Employee Stock Ownership …
Scale reading
Ways to act on Provident Bank Employee Stock Ownership Plan's numbers.
- By total assets, Provident Bank Employee Stock Ownership Plan ranks in the top 10% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar ESOP plans in New Jersey. Compare plans
- Provident Bank's sponsor-wide assets have grown 54.5% since 2022 across 3 plan years on file. More Finance & Insurance plans