401(k) · DOL Form 5500 · 2023

Selective Insurance Company of America 401(k) Plan

Data updated 2026-08-25

$677M
Total assets Above avg plan size
2,545
Participants Above avg headcount
98th
Percentile by assets National rank
$265,872
Avg per participant High balance/head
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Official DOL plan name: Selective Insurance Retirement Savings Plan · Sponsored by Selective Insurance Company of America · New Jersey · Finance & Insurance

$677M in assets, 2,545 participants

Selective Insurance Company of America's Selective Insurance Retirement Savings Plan reported $677M in total assets and 2,545 participants in its 2023 DOL Form 5500 filing, ranking in the 98th 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.

  • #8,551 in Finance & Insurance (8,869 peers)

Coverage in New Jersey

Selective Insurance Retirement Savings Plan covers 2,545 participants in New Jersey, 3.0x the typical New Jersey plan (state average ~844 per filing). Assets: $677M.

#8,551
in Finance & Insurance (8,869 peers)
+19.4%
assets growth YoY
6.8×
vs typical plan assets (national mean)

Selective Insurance Retirement Savings Plan's outsized position by total assets

Selective Insurance Retirement Savings Plan vs every filed plan by assets

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

$676,644,459 Top 2% higher than 98% 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

Selective Insurance Retirement Savings Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Selective Insurance Retirement Savings Plan lands in the large band (2,545 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Selective Insurance Retirement Savings Plan reported net income rose from -$119M in the plan year 2022 filing to $110M in the plan year 2023 filing.
  • Selective Insurance Retirement Savings Plan end-of-year assets rose from $567M in the plan year 2022 filing to $677M in the plan year 2023 filing.
  • Selective Insurance Retirement Savings Plan reported participants rose from 2,470 in the plan year 2022 filing to 2,545 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 221272390 · Selective Insurance Company of America PY 2023 · 401(k)

Selective Insurance Retirement Savings Plan · $677M · 2,545 · 98th

  • PHOTO $677M
  • IND 2,545
  • EOY 98th
  • 5500 401(k)
  • ASSETS near Lutron Retirement Plan
  • PCT ind #8551

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 →

Selective Insurance Retirement Savings Plan in the asset neighbourhood

Cincinnati Bell Retirement Savings PlanCincinnati Bell Retirement S…$677MLutron Retirement Plan$677MSelective Insurance Retirement Savings PlanSelective Insurance Retireme…$677MMintz Levin Cohn Ferris Glovsky and Popeo Savings and Retirement PlanMintz Levin Cohn Ferris Glov…$676MNorthwest Carpenters Individual Account Pension PlanNorthwest Carpenters Individ…$676M
End-of-year total assets ($M) among Selective Insurance Retirement Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

New Jersey filing particulars

Total Assets (Beginning of Year)$567M
Net Assets (End of Year)$677M
Net Income$110M
Employer EIN221272390
Plan Effective Date1980-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Selective Insurance Company of America)

Sponsor-wide plan assets over time

All Selective Insurance Company of America plans reported in each filing year

Latest sponsor-wide plan assets
$1.1B 20.745423076089008% vs 2022
2024 filing year
$0.8B$0.9B$1B$1.1B$1.2B 202220232024 $0.91B $1.1B ▲ +20.9%
Year Plans Participants Total Assets
2022 2 3,009 $908M
2023 2 3,070 $1.0B
2024 2 3,148 $1.1B

Nearby 401(k) Plans in New Jersey

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

Selective Insurance Retirement Savings Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -1001020304050 Total assets ($B) Participants Selective Insurance Retirement Savings Plan, Total assets ($B): 0.676644459 · Participants: 2545Selective Insurance Retirement Savings 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
Selective Insurance Retirement Savings Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants
Compare Selective Insurance Retirement Savings Plan side-by-side with 3 peers →

Selective Insurance Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside New Jersey, the nearest 401(k) by assets is Lutron Retirement Plan in PA ($677M); by covered participants it is Brose North America, Inc. 401(k) Profit Sharing Plan and Trust in MI (2,545 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($677M here).

Similar participant headcount

Nearest other-state filings by covered participants (2,545 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 Selective Insurance Retirement Savings Plan assets move in 2023? ▼
Selective Insurance Retirement Savings Plan grew sharply - up 19.4% during 2023, from $567M to $677M. Reported net income was $110M.
How have Selective Insurance Company of America plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Selective Insurance Company of America's sponsor-wide assets grew 20.7%, from $908M to $1.1B.
Where does Selective Insurance Retirement Savings Plan rank by assets among Form 5500 filers? ▼
Selective Insurance Retirement Savings Plan ranks in the 98th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Selective Insurance Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Lutron Retirement Plan in PA ($677M, 2,221 participants).
Which 401(k) plans cover a similar participant headcount to Selective Insurance Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Brose North America, Inc. 401(k) Profit Sharing Plan and Trust in MI (2,545 participants, $128M 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 221272390.

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.