401(k) · DOL Form 5500 · 2023

Somerset Regal Bank 401(k) Plan

Data updated 2026-08-25

$13M
Total assets Small plan by assets
62
Participants Small participant base
65th
Percentile by assets National rank
$215,255
Avg per participant Above avg balance/head
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Official DOL plan name: Somerset Regal Bank 401(k) Retirement Plan · Sponsored by Somerset Regal Bank · New Jersey · Finance & Insurance

$13M in assets, 62 participants

Somerset Regal Bank's Somerset Regal Bank 401(k) Retirement Plan reported $13M in total assets and 62 participants in its 2023 DOL Form 5500 filing, ranking in the 65th 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.

  • #4,419 in Finance & Insurance (8,869 peers)

Somerset Regal Bank multi-year trail

Somerset Regal Bank's plans moved +50.5% in assets from 2022 to 2024; this filing shows Somerset Regal Bank 401(k) Retirement Plan at $13M / 62 participants.

#4,419
in Finance & Insurance (8,869 peers)
+16.4%
assets growth YoY

Somerset Regal Bank 401(k) Retirement Plan's mid-pack asset rank among Finance & Insurance and all filers

Somerset Regal Bank 401(k) Retirement Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$13,345,779 Top 35% higher than 65% of 127,068 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 2023

Somerset Regal Bank 401(k) Retirement Plan among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Somerset Regal Bank 401(k) Retirement Plan is a small filing (62 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Somerset Regal Bank 401(k) Retirement Plan reported net income rose from -$2M in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Somerset Regal Bank 401(k) Retirement Plan end-of-year assets rose from $11M in the plan year 2022 filing to $13M in the plan year 2023 filing.
  • Somerset Regal Bank 401(k) Retirement Plan reported participants rose from 58 in the plan year 2022 filing to 62 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 220784760 · Somerset Regal Bank PY 2023 · 401(k)

Somerset Regal Bank 401(k) Retirement Plan · $13M · 62 · 65th

  • NET $13M
  • NET 62
  • NET 65th
  • NET 401(k)
  • NET near Radical Media 401(k) Profit Sharing Plan
  • NET ind #4419

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 Regal Bank 401(k) Retirement Plan in the asset neighbourhood

Somerset Regal Bank 401(k) Retirement PlanSomerset Regal Bank 401(k) R…$13MRadical Media 401(k) Profit Sharing PlanRadical Media 401(k) Profit …$13MPerry, Johnson, Anderson, Miller & Moskowitz LLP Profit Sharing/401(k) PlanPerry, Johnson, Anderson, Mi…$13MBabylon 401(k) Plan$13MSun and Sands Enterprises Profit Sharing and 401(k) PlanSun and Sands Enterprises Pr…$13M
End-of-year total assets ($M) among Somerset Regal Bank 401(k) Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Somerset Regal Bank multi-year asset trail

Sponsor-wide plan assets over time

All Somerset Regal Bank 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 Regal Bank filing trail (2023)

Total Assets (Beginning of Year)$11M
Net Assets (End of Year)$13M
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 Regal Bank 401(k) Retirement Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -1001020304050 Total assets ($B) Participants Somerset Regal Bank 401(k) Retirement Plan, Total assets ($B): 0.013345779 · Participants: 62Somerset Regal Bank 401(k) Retirement PlanJPMorgan Chase 401(k) Savings Plan, Total assets ($B): 44.552237022 · Participants: 176610JPMorgan Chase 401(k) Savings PlanVerizon Savings Plan for Management Employees, Total assets ($B): 27.825640157 · Participants: 78072Verizon Savings Plan for Management EmployeesJohnson and Johnson Savings Plan, Total assets ($B): 22.177853595 · Participants: 41291Johnson and Johnson Savings PlanErnst & Young Retirement Savings Plan, Total assets ($B): 15.543526764 · Participants: 59346Ernst & Young Retirement Savings PlanMerck US Savings Plan, Total assets ($B): 13.424416176 · Participants: 26850Merck US Savings Plan
Somerset Regal Bank 401(k) Retirement Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants
Compare Somerset Regal Bank 401(k) Retirement Plan side-by-side with 3 peers →

Somerset Regal Bank 401(k) Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside New Jersey, the nearest 401(k) by assets is Radical Media 401(k) Profit Sharing Plan in NY ($13M); by covered participants it is Gemtech Industries, Inc. 401(k) Plan in CA (62 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (62 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Somerset Regal Bank 401(k) Retirement Plan assets move in 2023? ▼
Somerset Regal Bank 401(k) Retirement Plan grew sharply - up 16.4% during 2023, from $11M to $13M. Reported net income was $2M.
How have Somerset Regal Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Somerset Regal Bank's sponsor-wide assets grew 50.5%, from $28M to $41M.
Which 401(k) plans are similar in size to Somerset Regal Bank 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Radical Media 401(k) Profit Sharing Plan in NY ($13M, 74 participants).
Which 401(k) plans cover a similar participant headcount to Somerset Regal Bank 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Gemtech Industries, Inc. 401(k) Plan in CA (62 participants, $800K in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 220784760.

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.