Defined Benefit (Pension) · DOL Form 5500 · 2023

Provident Bank Pension Plan

Data updated 2026-08-25

$53M
Total assets Below avg plan size
95
Participants Small participant base
86th
Percentile by assets National rank
$555,100
Avg per participant High balance/head
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Official DOL plan name: Provident Bank Pension Plan · Sponsored by Provident Bank · New Jersey · Finance & Insurance

$53M in assets, 95 participants

Provident Bank's Provident Bank Pension Plan reported $53M in total assets and 95 participants in its 2023 DOL Form 5500 filing, ranking in the 86th 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.

  • #6,961 in Finance & Insurance (8,869 peers)

Where Provident Bank Pension Plan sits by assets

Provident Bank Pension Plan sits in the top quartile of all filed plans by assets, $53M for 95 participants (~$555,100/participant), up 10.0% in 2023.

#6,961
in Finance & Insurance (8,869 peers)
+10.0%
assets growth YoY
0.5×
vs typical plan assets (national mean)

Provident Bank Pension Plan's outsized position by total assets

Provident Bank Pension Plan vs every filed plan by assets

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

$52,734,494 Top 14% higher than 86% 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

Provident Bank Pension 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. Provident Bank Pension Plan is a small filing (95 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Provident Bank Pension Plan reported net income rose from -$11M in the plan year 2022 filing to $5M in the plan year 2023 filing.
  • Provident Bank Pension Plan end-of-year assets rose from $48M in the plan year 2022 filing to $53M in the plan year 2023 filing.
  • Provident Bank Pension Plan reported participants fell from 103 in the plan year 2022 filing to 95 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 221211130 · Provident Bank PY 2023 · Defined Benefit (Pension)

Provident Bank Pension Plan · $53M · 95 · 86th

  • PHOTO $53M
  • IND 95
  • EOY 86th
  • 5500 Defined Benefit (Pension)
  • ASSETS near The Maryland State Education Association Pension Plan and Trust
  • PCT ind #6961

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 →

Provident Bank Pension Plan in the asset neighbourhood

Patriot Federal Credit Union Retirement Pension PlanPatriot Federal Credit Union…$53MRetirement Plan for the Employees of Museum AssociatesRetirement Plan for the Empl…$53MProvident Bank Pension Plan$53MThe Maryland State Education Association Pension Plan and TrustThe Maryland State Education…$53MGroup Retirement Income Plan No. 12Group Retirement Income Plan…$53M
End-of-year total assets ($M) among Provident Bank Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$48M
Net Assets (End of Year)$53M
Net Income$5M
Employer EIN221211130
Plan Effective Date1966-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Provident Bank)

Sponsor-wide plan assets over time

All Provident Bank plans reported in each filing year

Latest sponsor-wide plan assets
$406M 54.51965368048766% vs 2022
2024 filing year
$200M$250M$300M$350M$400M$450M 202220232024 $263M $406M ▲ +54.5%
Year Plans Participants Total Assets
2022 3 2,244 $263M
2023 3 2,182 $276M
2024 4 3,700 $406M

Nearby Defined Benefit (Pension) Plans in New Jersey

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

Provident Bank Pension Plan vs. nearby Defined Benefit (Pension) plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -50510152025 Total assets ($B) Participants Provident Bank Pension Plan, Total assets ($B): 0.052734494 · Participants: 95Provident Bank Pension PlanRetirement Plan of Johnson and Johnson, Total assets ($B): 21.174819996 · Participants: 37749Retirement Plan of Johnson and JohnsonJPMorgan Chase Retirement Plan, Total assets ($B): 16.279006871 · Participants: 90644JPMorgan Chase Retirement PlanNokia Retirement Income Plan, Total assets ($B): 13.864923 · Participants: 7492Nokia Retirement Income PlanThe Prudential Merged Retirement Plan, Total assets ($B): 12.225782081 · Participants: 16230The Prudential Merged Retirement PlanVerizon Pension Plan for Associates, Total assets ($B): 10.930667796 · Participants: 23778Verizon Pension Plan for Associates
Provident Bank Pension Plan vs. nearby Defined Benefit (Pension) plans in New Jersey, assets vs. participants
Compare Provident Bank Pension Plan side-by-side with 3 peers →

Provident Bank Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside New Jersey, the nearest Defined Benefit (Pension) by assets is The Maryland State Education Association Pension Plan and Trust in MD ($53M); by covered participants it is Garrett Transportation I Inc. Pension Plan in CA (95 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (95 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 Provident Bank Pension Plan assets move in 2023? ▼
Provident Bank Pension Plan grew at a solid clip - up 10.0% during 2023, from $48M to $53M. Reported net income was $5M.
How have Provident Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Provident Bank's sponsor-wide assets grew 54.5%, from $263M to $406M.
Where does Provident Bank Pension Plan rank by assets among Form 5500 filers? ▼
Provident Bank Pension Plan ranks in the 86th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Provident Bank Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is The Maryland State Education Association Pension Plan and Trust in MD ($53M, 81 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Provident Bank Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Garrett Transportation I Inc. Pension Plan in CA (95 participants, $173M 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 221211130.

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.