VALLEY NATIONAL BANK PENSION PLAN
ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.
VALLEY NATIONAL BANK
This Defined Benefit (Pension) plan holds $256M in total assets and serves 687 participants as of 2023. It is sponsored by VALLEY NATIONAL BANK in New Jersey. The plan reported positive net income of $23M for the year.
What the Filing Says About VALLEY NATIONAL BANK PENSION PLAN
VALLEY NATIONAL BANK PENSION PLAN is a Defined Benefit (Pension) retirement plan sponsored by VALLEY NATIONAL BANK, headquartered in New Jersey. As of the 2023 Form 5500 filing, the plan reports $256M in total end-of-year assets and covers 687 participants across the Finance & Insurance industry. The sponsor's EIN on file with the U.S. Department of Labor is 221186387, and the plan has been effective since 1965-03-01. Its filing status is currently FILING RECEIVED.
Year over year, total assets moved from $233M at the beginning of 2023 to $256M at year-end — a gain of 10.0%. Net assets (after liabilities) closed the year at $256M, with reported net income of $23M driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.
Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.
Financial Summary (2023)
| Total Assets (Beginning of Year) | $233M |
| Total Assets (End of Year) | $256M |
| Net Assets (End of Year) | $256M |
| Net Income | $23M |
| Plan Type | Defined Benefit (Pension) |
| 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.
- 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
Related Data
Guides
Related Data on Other Portals
Frequently Asked Questions
How much money is in the VALLEY NATIONAL BANK PENSION PLAN? ▼
What type of plan is VALLEY NATIONAL BANK PENSION PLAN? ▼
Who sponsors the VALLEY NATIONAL BANK PENSION PLAN? ▼
How did VALLEY NATIONAL BANK PENSION PLAN perform in 2023? ▼
Where can I find official filings for VALLEY NATIONAL BANK PENSION PLAN? ▼
How does VALLEY NATIONAL BANK PENSION PLAN compare to other plans? ▼
Explore PlainRetire
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 221186387.
Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.
Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.
Read our methodology — how this data is sourced, computed, and verified.