401(k) · DOL Form 5500 · 2023
Provident Bank 401(k) Plan
Data updated 2026-08-11
- $164M
- Total assets
- 1,150
- Participants
- 94th
- Percentile by assets
- $142,852
- Avg per participant
Official DOL plan name: Provident Bank 401(k) Plan · Sponsored by Provident Bank · New Jersey · Finance & Insurance
$164M in assets, 1,150 participants
Provident Bank's Provident Bank 401(k) Plan reported $164M in total assets and 1,150 participants in its 2023 DOL Form 5500 filing, ranking in the 94th 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.
- 94th percentile by assets (of 127,072 plans)
- #8,024 in Finance & Insurance (8,869 peers)
Where Provident Bank 401(k) Plan sits by assets
Provident Bank 401(k) Plan sits in the top 10% of all filed plans by assets, $164M for 1,150 participants (~$142,852/participant), up 15.8% in 2023.
- $164M
- total plan assets (2023 EOY)
- 1,150
- covered participants
- 94th
- percentile by assets (of 127,072 plans)
- $142,852
- avg assets per participant
Where Provident Bank 401(k) Plan sits by total assets
Provident Bank 401(k) Plan vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$164,279,353 Top 6% higher than 94% of 127,068 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Provident Bank 401(k) Plan reported net income rose from -$25M in the plan year 2022 filing to $22M in the plan year 2023 filing.
- Provident Bank 401(k) Plan end-of-year assets rose from $142M in the plan year 2022 filing to $164M in the plan year 2023 filing.
Provident Bank 401(k) Plan vs the 2023 asset distribution
By assets, Provident Bank 401(k) Plan outranks 94% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 1.6x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2023)
| Total Assets (Beginning of Year) | $142M |
|---|---|
| Net Assets (End of Year) | $164M |
| Net Income | $22M |
| Employer EIN | 221211130 |
| Plan Effective Date | 1981-01-01 |
| 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 401(k) Plans in New Jersey
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- JPMorgan Chase 401(k) Savings Plan $44.6B · 176,610
- Verizon Savings Plan for Management Employees $27.8B · 78,072
- Johnson and Johnson Savings Plan $22.2B · 41,291
- Ernst & Young Retirement Savings Plan $15.5B · 59,346
- Merck US Savings Plan $13.4B · 26,850
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Provident Bank 401(k) Plan by total assets, not by location.
- Orthomidwest, PLLC 401(k) Retirement Plan (IL) $164M · 1,550
- Hornady Manufacturing Company 401(k) Profit Sharing Plan (NE) $164M · 1,005
- Sm Energy Company 401(k) Profit Sharing Plan (CO) $164M · 531
- Texas Farm Bureau Companies 401(k) Plan (TX) $164M · 933
Frequently Asked Questions
How did Provident Bank 401(k) Plan assets move in 2023? ▼
How have Provident Bank plan assets changed over time? ▼
Where does Provident Bank 401(k) Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to Provident Bank 401(k) Plan? ▼
Next read for Provident Bank 401(k) Plan
Scale reading
Ways to act on Provident Bank 401(k) Plan's numbers.
- By total assets, Provident Bank 401(k) Plan ranks in the top 10% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar 401(k) 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