Defined Benefit (Pension)
2023 plan-year Defined Benefit (Pension) DOL Form 5500

Standard Chartered Bank Retirement Account Plan

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by Standard Chartered Bank · New Jersey · Finance & Insurance

What the 2023 filing shows

Standard Chartered Bank Retirement Account Plan holds $171M for 194 participants — about $879,177 per participant, up 8.1% over the 2023 plan year.

$171M
total plan assets (2023 EOY)
194
covered participants
$879,177
avg assets per participant
+8.1%
assets growth YoY
Total Assets (2023)
$171M
Participants
194
State
Industry
Finance & Insurance

What the Filing Says About Standard Chartered Bank Retirement Account Plan

Standard Chartered Bank Retirement Account Plan is a Defined Benefit (Pension) retirement plan sponsored by Standard Chartered Bank, headquartered in New Jersey. As of the 2023 Form 5500 filing, the plan reports $171M in total end-of-year assets and covers 194 participants across the Finance & Insurance industry. The sponsor's EIN on file with the U.S. Department of Labor is 941595409, and the plan has been effective since 1988-10-31. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $158M at the beginning of 2023 to $171M at year-end — a gain of 8.1%. Net assets (after liabilities) closed the year at $170M, with reported net income of $13M 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)$158M
Total Assets (End of Year)$171M
Net Assets (End of Year)$170M
Net Income$13M
Plan TypeDefined Benefit (Pension)
Employer EIN941595409
Plan Effective Date1988-10-31
Filing StatusFILING RECEIVED

Sponsor Plan History (Standard Chartered Bank)

Year Plans Participants Total Assets
2022 2 1,297 $443M
2023 2 1,297 $518M
2024 2 1,342 $568M

Nearby Defined Benefit (Pension) Plans in New Jersey

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

Frequently Asked Questions

How much money is in the Standard Chartered Bank Retirement Account Plan?
As of the 2023 Form 5500 filing, Standard Chartered Bank Retirement Account Plan holds $171M in total assets with 194 participants. It is sponsored by Standard Chartered Bank.
What type of plan is Standard Chartered Bank Retirement Account Plan?
Standard Chartered Bank Retirement Account Plan is a Defined Benefit (Pension) plan. It has been effective since 1988-10-31. The plan is filed with the U.S. Department of Labor under EIN 941595409.
Who sponsors the Standard Chartered Bank Retirement Account Plan?
Standard Chartered Bank Retirement Account Plan is sponsored by Standard Chartered Bank, located in New Jersey. The sponsor's EIN is 941595409 and the plan operates in the Finance & Insurance industry.
How did Standard Chartered Bank Retirement Account Plan perform in 2023?
Standard Chartered Bank Retirement Account Plan grew by 8.1% during 2023, moving from $158M to $171M in total assets. Net income was $13M.
Where can I find official filings for Standard Chartered Bank Retirement Account Plan?
Official Form 5500 filings for Standard Chartered Bank Retirement Account Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 941595409 or plan name at efast.dol.gov.
How does Standard Chartered Bank Retirement Account Plan compare to other plans?
You can compare Standard Chartered Bank Retirement Account Plan against other Defined Benefit (Pension) plans on the plan type page, or view plans in New Jersey on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

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 941595409.

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.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.