Defined Benefit (Pension) · DOL Form 5500 · 2022

Connectone Bank Pension Plan

Data updated 2026-08-25

$13M
Total assets Small plan by assets
10
Participants Small participant base
70th
Percentile by assets National rank
$1.3M
Avg per participant High balance/head
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Official DOL plan name: Union Center National Bank Pension Trust · Sponsored by Connectone Bank · New Jersey · Finance & Insurance

$13M in assets, 10 participants

Connectone Bank's Union Center National Bank Pension Trust reported $13M in total assets and 10 participants in its 2022 DOL Form 5500 filing, ranking in the 70th 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.

  • #5,046 in Finance & Insurance (9,261 peers)

Connectone Bank multi-year trail

Connectone Bank's plans moved +54.7% in assets from 2022 to 2024; this filing shows Union Center National Bank Pension Trust at $13M / 10 participants.

#5,046
in Finance & Insurance (9,261 peers)
-24.7%
assets change YoY

The plan reported a net loss of $4M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Union Center National Bank Pension Trust's outsized position by total assets

Union Center National Bank Pension Trust vs every filed plan by assets

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

$13,258,120 Top 30% higher than 70% 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

Union Center National Bank Pension Trust among micro filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Union Center National Bank Pension Trust is a micro filing (10 participants), the leftmost band.

EBSA filing schedule strip

Filing strip 201172127 · Connectone Bank PY 2022 · Defined Benefit (Pension)

Union Center National Bank Pension Trust · $13M · 10 · 70th

  • PCT $13M
  • EIN 10
  • RANK 70th
  • PHOTO Defined Benefit (Pension)
  • IND near Ampac Fine Chemicals LLC Pension Plan for Bargaini
  • EOY ind #5046

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 →

Union Center National Bank Pension Trust in the asset neighbourhood

Meritrust Credit Union Retirement PlanMeritrust Credit Union Retir…$13MAmpac Fine Chemicals LLC Pension Plan for BargainiAmpac Fine Chemicals LLC Pen…$13MUnion Center National Bank Pension TrustUnion Center National Bank P…$13MEmployees' Retirement Plan of Telemundo of Puerto Rico, Inc.Employees' Retirement Plan o…$13MThe Orchestral Association Retirement Plan for Administrative EmployeesThe Orchestral Association R…$13M
End-of-year total assets ($M) among Union Center National Bank Pension Trust and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

Connectone Bank multi-year asset trail

Sponsor-wide plan assets over time

All Connectone Bank plans reported in each filing year

Latest sponsor-wide plan assets
$75M 54.74371518880472% vs 2022
2024 filing year
$40M$50M$60M$70M$80M 202220232024 $48.7M $75.3M ▲ +54.7%
Year Plans Participants Total Assets
2022 2 407 $49M
2023 2 492 $61M
2024 2 507 $75M

Connectone Bank filing trail (2022)

Total Assets (Beginning of Year)$18M
Net Assets (End of Year)$13M
Net Income-$4M
Employer EIN201172127
Plan Effective Date1950-03-15
Filing StatusFILING RECEIVED

Nearby Defined Benefit (Pension) Plans in New Jersey

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

Union Center National Bank Pension Trust vs. nearby Defined Benefit (Pension) plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -50510152025 Total assets ($B) Participants Union Center National Bank Pension Trust, Total assets ($B): 0.01325812 · Participants: 10Union Center National Bank Pension TrustRetirement 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
Union Center National Bank Pension Trust vs. nearby Defined Benefit (Pension) plans in New Jersey, assets vs. participants
Compare Union Center National Bank Pension Trust side-by-side with 3 peers →

Union Center National Bank Pension Trust's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside New Jersey, the nearest Defined Benefit (Pension) by assets is Ampac Fine Chemicals LLC Pension Plan for Bargaini in CA ($13M); by covered participants it is Rebecca Lee Dds a Dental Corp Defined Benefit Pension Plan in CA (10 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (10 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 Union Center National Bank Pension Trust assets move in 2022? ▼
Union Center National Bank Pension Trust declined sharply - down 24.7% during 2022, from $18M to $13M. Reported net income was -$4M.
How have Connectone Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Connectone Bank's sponsor-wide assets grew 54.7%, from $49M to $75M.
Which Defined Benefit (Pension) plans are similar in size to Union Center National Bank Pension Trust? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Ampac Fine Chemicals LLC Pension Plan for Bargaini in CA ($13M, 78 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Union Center National Bank Pension Trust? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Rebecca Lee Dds a Dental Corp Defined Benefit Pension Plan in CA (10 participants, $600K 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 201172127.

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.