Defined Benefit (Pension) · DOL Form 5500 · 2023

Selective Insurance Company of America Pension Plan

Data updated 2026-08-11

$348M
Total assets
525
Participants
97th
Percentile by assets
$663,649
Avg per participant
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Official DOL plan name: Retirement Income Plan for Selective Insurance Company of America · Sponsored by Selective Insurance Company of America · New Jersey · Finance & Insurance

$348M in assets, 525 participants

Selective Insurance Company of America's Retirement Income Plan for Selective Insurance Company of America reported $348M in total assets and 525 participants in its 2023 DOL Form 5500 filing, ranking in the 97th 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.

  • 97th percentile by assets (of 127,072 plans)
  • #8,357 in Finance & Insurance (8,869 peers)

Where Retirement Income Plan for Selective Insurance Company of America sits by assets

Retirement Income Plan for Selective Insurance Company of America sits in the top 5% of all filed plans by assets, $348M for 525 participants (~$663,649/participant), up 1.9% in 2023.

$348M
total plan assets (2023 EOY)
525
covered participants
97th
percentile by assets (of 127,072 plans)
$663,649
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Retirement Income Plan for Selective Insurance Company of America reported net income rose from -$115M in the plan year 2022 filing to $7M in the plan year 2023 filing.
  • Retirement Income Plan for Selective Insurance Company of America reported participants fell from 539 in the plan year 2022 filing to 525 in the plan year 2023 filing.
  • Retirement Income Plan for Selective Insurance Company of America end-of-year assets rose from $342M in the plan year 2022 filing to $348M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Retirement Income Plan for Selective Insurance Company of America vs the 2023 asset distribution

By assets, Retirement Income Plan for Selective Insurance Company of America outranks 97% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 3.5x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$342M
Net Assets (End of Year)$348M
Net Income$7M
Employer EIN221272390
Plan Effective Date1986-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Selective Insurance Company of America)

$0.8B$0.9B$1B$1.1B$1.2B 202220232024 $0.91B $1.1B ▲ +20.9%
Total plan assets by year, all Selective Insurance Company of America plans on file
Year Plans Participants Total Assets
2022 2 3,009 $908M
2023 2 3,070 $1.0B
2024 2 3,148 $1.1B

Nearby Defined Benefit (Pension) Plans in New Jersey

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

Retirement Income Plan for Selective Insurance Company of America vs. nearby Defined Benefit (Pension) plans in New Jersey, assets vs. participants

Retirement Income Plan for Selective Insurance Company of America vs. nearby Defined Benefit (Pension) plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -50510152025 Total assets ($B) Participants Retirement Income Pl…Retirement Plan of J…JPMorgan Chase Retir…Nokia Retirement Inc…The Prudential Merge…Verizon Pension Plan…
Retirement Income Plan for Selective Insurance Company of America vs. nearby Defined Benefit (Pension) plans in New Jersey, assets vs. participants

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Retirement Income Plan for Selective Insurance Company of America by total assets, not by location.

Frequently Asked Questions

How did Retirement Income Plan for Selective Insurance Company of America assets move in 2023?
Retirement Income Plan for Selective Insurance Company of America edged up modestly - up 1.9% during 2023, from $342M to $348M. Reported net income was $7M.
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 Retirement Income Plan for Selective Insurance Company of America rank by assets among Form 5500 filers?
Retirement Income Plan for Selective Insurance Company of America ranks in the 97th 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 Defined Benefit (Pension) plans are similar in size to Retirement Income Plan for Selective Insurance Company of America?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Cleveland Bakers and Teamsters Pension Fund in OH ($348M, 1,930 participants).

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Ways to act on Retirement Income Plan for Selective Insurance Company of America's numbers.

  • By total assets, Retirement Income Plan for Selective Insurance Company of America 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
  • Selective Insurance Company of America's sponsor-wide assets have grown 20.7% since 2022 across 3 plan years on file. More Finance & Insurance plans