401(k) · DOL Form 5500 · 2022

Somerset Savings Bank, Sla 401(k) Plan

Data updated 2026-08-25

$11M
Total assets Small plan by assets
58
Participants Small participant base
68th
Percentile by assets National rank
$197,726
Avg per participant Above avg balance/head
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Official DOL plan name: Somerset Savings Bank, Sla Savings & Investment Plan · Sponsored by Somerset Savings Bank, Sla · New Jersey · Finance & Insurance

$11M in assets, 58 participants

Somerset Savings Bank, Sla's Somerset Savings Bank, Sla Savings & Investment Plan reported $11M in total assets and 58 participants in its 2022 DOL Form 5500 filing, ranking in the 68th 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.

  • #4,748 in Finance & Insurance (9,261 peers)

Somerset Savings Bank, Sla multi-year trail

Somerset Savings Bank, Sla's plans moved +50.5% in assets from 2022 to 2024; this filing shows Somerset Savings Bank, Sla Savings & Investment Plan at $11M / 58 participants.

#4,748
in Finance & Insurance (9,261 peers)
-15.0%
assets change YoY

The plan reported a net loss of $2M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Somerset Savings Bank, Sla Savings & Investment Plan's outsized position by total assets

Somerset Savings Bank, Sla Savings & Investment Plan vs every filed plan by assets

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

$11,468,107 Top 32% higher than 68% 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 Savings Bank, Sla Savings & Investment Plan among smaller filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Somerset Savings Bank, Sla Savings & Investment Plan is a small filing (58 participants) on this national headcount ladder.

Published 5500 schedule card

Filing strip 220784760 · Somerset Savings Bank, Sla PY 2022 · 401(k)

Somerset Savings Bank, Sla Savings & Investment Plan · $11M · 58 · 68th

  • IND $11M
  • EOY 58
  • 5500 68th
  • ASSETS 401(k)
  • PCT near Tei & Associates, L.L.C. 401(k) Profit Sharing Plan
  • EIN ind #4748

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 →

Somerset Savings Bank, Sla Savings & Investment Plan in the asset neighbourhood

Somerset Savings Bank, Sla Savings & Investment PlanSomerset Savings Bank, Sla S…$11MTei & Associates, L.L.C. 401(k) Profit Sharing PlanTei & Associates, L.L.C. 401…$11MSmith & Downey, P.a. 401(k) PlanSmith & Downey, P.a. 401(k) …$11MYanke Profit Sharing and 401(k) PlanYanke Profit Sharing and 401…$11MCcj & Associates, LLC. 401(k) PlanCcj & Associates, LLC. 401(k…$11M
End-of-year total assets ($M) among Somerset Savings Bank, Sla Savings & Investment Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Somerset Savings Bank, Sla multi-year asset trail

Sponsor-wide plan assets over time

All Somerset Savings Bank, Sla plans reported in each filing year

Latest sponsor-wide plan assets
$41M 50.472843749196436% vs 2022
2024 filing year
$25M$30M$35M$40M$45M 202220232024 $27.6M $41.5M ▲ +50.5%
Year Plans Participants Total Assets
2022 2 115 $28M
2023 3 244 $36M
2024 3 283 $41M

Somerset Savings Bank, Sla filing trail (2022)

Total Assets (Beginning of Year)$13M
Net Assets (End of Year)$11M
Net Income-$2M
Employer EIN220784760
Plan Effective Date1984-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in New Jersey

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

Somerset Savings Bank, Sla Savings & Investment Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -10010203040 Total assets ($B) Participants Somerset Savings Bank, Sla Savings & Investment Plan, Total assets ($B): 0.011468107 · Participants: 58Somerset Savings Bank, Sla Savings & Investment PlanJPMorgan Chase 401(k) Savings Plan, Total assets ($B): 36.787229834 · Participants: 168280JPMorgan Chase 401(k) Savings PlanVerizon Savings Plan for Management Employees, Total assets ($B): 25.16607858 · Participants: 76788Verizon Savings Plan for Management EmployeesJohnson and Johnson Savings Plan, Total assets ($B): 21.189900271 · Participants: 43271Johnson and Johnson Savings PlanPfizer Savings Plan, Total assets ($B): 17.828820505 · Participants: 27796Pfizer Savings PlanErnst & Young Retirement Savings Plan, Total assets ($B): 12.40459021 · Participants: 52975Ernst & Young Retirement Savings Plan
Somerset Savings Bank, Sla Savings & Investment Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants

Somerset Savings Bank, Sla Savings & Investment Plan's out-of-state 401(k) peers by assets and headcount

Outside New Jersey, the nearest 401(k) by assets is Tei & Associates, L.L.C. 401(k) Profit Sharing Plan in TX ($11M); by covered participants it is Huron Community Bank 401(k) Plan in MI (58 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($11M here).

Similar participant headcount

Nearest other-state filings by covered participants (58 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 Savings Bank, Sla Savings & Investment Plan assets move in 2022?
Somerset Savings Bank, Sla Savings & Investment Plan pulled back noticeably - down 15.0% during 2022, from $13M to $11M. Reported net income was -$2M.
How have Somerset Savings Bank, Sla plan assets changed over time?
Across 3 plan years on file (2022-2024), Somerset Savings Bank, Sla's sponsor-wide assets grew 50.5%, from $28M to $41M.
Which 401(k) plans are similar in size to Somerset Savings Bank, Sla Savings & Investment Plan?
Among 401(k) plans in other states, the closest by assets is Tei & Associates, L.L.C. 401(k) Profit Sharing Plan in TX ($11M, 66 participants).
Which 401(k) plans cover a similar participant headcount to Somerset Savings Bank, Sla Savings & Investment Plan?
Among 401(k) plans in other states, the closest by covered participants is Huron Community Bank 401(k) Plan in MI (58 participants, $4M in assets).