Defined Benefit (Pension) · DOL Form 5500 · 2023
Valley National Bank Pension Plan
Data updated 2026-08-11
- $256M
- Total assets
- 687
- Participants
- 96th
- Percentile by assets
- $372,884
- Avg per participant
Official DOL plan name: Valley National Bank Pension Plan · Sponsored by Valley National Bank · New Jersey · Finance & Insurance
$256M in assets, 687 participants
Valley National Bank's Valley National Bank Pension Plan reported $256M in total assets and 687 participants in its 2023 DOL Form 5500 filing, ranking in the 96th 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.
- 96th percentile by assets (of 127,072 plans)
- #8,236 in Finance & Insurance (8,869 peers)
Where Valley National Bank Pension Plan sits by assets
Valley National Bank Pension Plan sits in the top 5% of all filed plans by assets, $256M for 687 participants (~$372,884/participant), up 10.0% in 2023.
- $256M
- total plan assets (2023 EOY)
- 687
- covered participants
- 96th
- percentile by assets (of 127,072 plans)
- $372,884
- avg assets per participant
Where Valley National Bank Pension Plan sits by total assets
Valley National Bank Pension Plan vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$256,171,398 Top 4% higher than 96% 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
- Valley National Bank Pension Plan reported net income rose from -$45M in the plan year 2022 filing to $23M in the plan year 2023 filing.
- Valley National Bank Pension Plan reported participants fell from 763 in the plan year 2022 filing to 687 in the plan year 2023 filing.
- Valley National Bank Pension Plan end-of-year assets rose from $233M in the plan year 2022 filing to $256M in the plan year 2023 filing.
Valley National Bank Pension Plan vs the 2023 asset distribution
By assets, Valley National Bank Pension Plan outranks 96% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 2.6x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2023)
| Total Assets (Beginning of Year) | $233M |
|---|---|
| Net Assets (End of Year) | $256M |
| Net Income | $23M |
| Employer EIN | 221186387 |
| Plan Effective Date | 1965-03-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Valley National Bank)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 3 | 4,111 | $760M |
| 2023 | 3 | 4,225 | $910M |
| 2024 | 3 | 4,404 | $1.0B |
Nearby Defined Benefit (Pension) Plans in New Jersey
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
Valley National Bank Pension Plan vs. nearby Defined Benefit (Pension) plans in New Jersey, assets vs. participants
- Retirement Plan of Johnson and Johnson $21.2B · 37,749
- JPMorgan Chase Retirement Plan $16.3B · 90,644
- Nokia Retirement Income Plan $13.9B · 7,492
- The Prudential Merged Retirement Plan $12.2B · 16,230
- Verizon Pension Plan for Associates $10.9B · 23,778
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Valley National Bank Pension Plan by total assets, not by location.
- Central Bancompany Retirement Plan (MO) $256M · 1,301
- United Association Local 7 Pension Plan (NY) $257M · 867
- Pension Plan of Tallahassee Memorial Healthcare, Inc. (FL) $255M · 482
- Plumbers Local No 98 Defined Benefit Pension Fund (MI) $258M · 780
Frequently Asked Questions
How did Valley National Bank Pension Plan assets move in 2023? ▼
How have Valley National Bank plan assets changed over time? ▼
Where does Valley National Bank Pension Plan rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to Valley National Bank Pension Plan? ▼
Next read for Valley National Bank Pension Plan
Scale reading
Ways to act on Valley National Bank Pension Plan's numbers.
- By total assets, Valley National Bank Pension Plan ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in New Jersey. Compare plans
- Valley National Bank's sponsor-wide assets have grown 33.4% since 2022 across 3 plan years on file. More Finance & Insurance plans