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

Somerset Savings Bank, Sla Pension Plan

ERISA Form 5500 plan record drawn from DOL EBSA โ€” verify with linked source filings below.

Sponsored by Somerset Savings Bank, Sla ยท New Jersey ยท Finance & Insurance

What the 2023 filing shows

Somerset Savings Bank, Sla Pension Plan holds N/A for 57 participants.

N/A
total plan assets (2022 EOY)
57
covered participants
Total Assets (2023)
N/A
Participants
57
State
Industry
Finance & Insurance

What the Filing Says About Somerset Savings Bank, Sla Pension Plan

Somerset Savings Bank, Sla Pension Plan is a Defined Benefit (Pension) retirement plan sponsored by Somerset Savings Bank, Sla, headquartered in New Jersey. As of the 2022 Form 5500 filing, the plan reports N/A in total end-of-year assets and covers 57 participants across the Finance & Insurance industry. The sponsor's EIN on file with the U.S. Department of Labor is 220784760, and the plan has been effective since 1959-05-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from N/A at the beginning of 2022 to N/A at year-end. Net assets (after liabilities) closed the year at N/A. 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 โ€” 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)N/A
Total Assets (End of Year)N/A
Net Assets (End of Year)N/A
Plan TypeDefined Benefit (Pension)
Employer EIN220784760
Plan Effective Date1959-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Somerset Savings Bank, Sla)

Year Plans Participants Total Assets
2022 2 115 N/A
2023 3 244 $21M
2024 3 283 $26M

Nearby Defined Benefit (Pension) Plans in New Jersey

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

Frequently Asked Questions

How much money is in the Somerset Savings Bank, Sla Pension Plan?
As of the 2022 Form 5500 filing, Somerset Savings Bank, Sla Pension Plan holds N/A in total assets with 57 participants. It is sponsored by Somerset Savings Bank, Sla.
What type of plan is Somerset Savings Bank, Sla Pension Plan?
Somerset Savings Bank, Sla Pension Plan is a Defined Benefit (Pension) plan. It has been effective since 1959-05-01. The plan is filed with the U.S. Department of Labor under EIN 220784760.
Who sponsors the Somerset Savings Bank, Sla Pension Plan?
Somerset Savings Bank, Sla Pension Plan is sponsored by Somerset Savings Bank, Sla, located in New Jersey. The sponsor's EIN is 220784760 and the plan operates in the Finance & Insurance industry.
How did Somerset Savings Bank, Sla Pension Plan perform in 2022?
Somerset Savings Bank, Sla Pension Plan held N/A in total assets at the end of 2022.
Where can I find official filings for Somerset Savings Bank, Sla Pension Plan?
Official Form 5500 filings for Somerset Savings Bank, Sla Pension Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 220784760 or plan name at efast.dol.gov.
How does Somerset Savings Bank, Sla Pension Plan compare to other plans?
You can compare Somerset Savings Bank, Sla Pension Plan 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) โ€” original filing retrieval by EIN 220784760.

Reference: IRS Publication 560 โ€” Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B โ€” 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.