Defined Benefit (Pension) · DOL Form 5500 · 2024

Spencer Savings Bank, Sla Pension Plan

Data updated 2026-08-11

$69M
Total assets
109
Participants
87th
Percentile by assets
$629,083
Avg per participant
PlainRetire home → About this data

Official DOL plan name: Spencer Savings Bank, Sla Employees' Pension Plan · Sponsored by Spencer Savings Bank, Sla · New Jersey · Finance & Insurance

$69M in assets, 109 participants

Spencer Savings Bank, Sla's Spencer Savings Bank, Sla Employees' Pension Plan reported $69M in total assets and 109 participants in its 2024 DOL Form 5500 filing, ranking in the 87th 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.

  • 87th percentile by assets (of 123,622 plans)
  • #6,882 in Finance & Insurance (8,549 peers)

Coverage in New Jersey

Spencer Savings Bank, Sla Employees' Pension Plan covers 109 participants in New Jersey, about 13% of the average New Jersey filer (state average ~844 per filing). Assets: $69M.

$69M
total plan assets (2024 EOY)
109
covered participants
87th
percentile by assets (of 123,622 plans)
$629,083
avg assets per participant

Where Spencer Savings Bank, Sla Employees' Pension Plan sits by total assets

Spencer Savings Bank, Sla Employees' Pension Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$68,570,047 Top 13% higher than 87% of 123,620 filed plans

This plan $0 $2,010,000,000 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 2024

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Spencer Savings Bank, Sla Employees' Pension Plan reported participants rose from 68 in the plan year 2023 filing to 109 in the plan year 2024 filing.
  • Spencer Savings Bank, Sla Employees' Pension Plan reported net income fell from $11M in the plan year 2023 filing to $8M in the plan year 2024 filing.
  • Spencer Savings Bank, Sla Employees' Pension Plan end-of-year assets fell from $71M in the plan year 2023 filing to $69M in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
New Jersey
Industry
Finance & Insurance

Participants vs New Jersey filers

In New Jersey, the average filing covers about 844 participants across 4,145 plans. Spencer Savings Bank, Sla Employees' Pension Plan reports 109 participants - about 13% of that state average ($69M EOY assets).

New Jersey filing particulars

Total Assets (Beginning of Year)$61M
Net Assets (End of Year)$69M
Net Income$8M
Employer EIN221296609
Plan Effective Date2002-10-09
Filing StatusFILING RECEIVED

Sponsor Plan History (Spencer Savings Bank, Sla)

$0M$50M$100M$150M$200M 202220232024 $41.5M $164M ▲ +293.9%
Total plan assets by year, all Spencer Savings Bank, Sla plans on file
Year Plans Participants Total Assets
2022 1 284 $42M
2023 2 349 $116M
2024 3 669 $164M

Nearby Defined Benefit (Pension) Plans in New Jersey

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

Spencer Savings Bank, Sla Employees' Pension Plan vs. nearby Defined Benefit (Pension) plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -50510152025 Total assets ($B) Participants Spencer Savings Bank…, Total assets ($B): 0.068570047 · Participants: 109Spencer Savings Bank…Retirement Plan of J…, Total assets ($B): 21.095569114 · Participants: 37882Retirement Plan of J…JPMorgan Chase Retir…, Total assets ($B): 16.066557714 · Participants: 83812JPMorgan Chase Retir…Nokia Retirement Inc…, Total assets ($B): 12.855309 · Participants: 7280Nokia Retirement Inc…The Prudential Merge…, Total assets ($B): 12.025028912 · Participants: 16233The Prudential Merge…Merck US Pension Plan, Total assets ($B): 10.090083286 · Participants: 26843Merck US Pension Plan
Spencer Savings Bank, Sla Employees' Pension Plan vs. nearby Defined Benefit (Pension) plans in New Jersey, assets vs. participants
Compare Spencer Savings Bank, Sla Employees' Pen… side-by-side with 3 peers →

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Spencer Savings Bank, Sla Employees' Pension Plan by total assets, not by location.

Frequently Asked Questions

How did Spencer Savings Bank, Sla Employees' Pension Plan assets move in 2024? ▼
Spencer Savings Bank, Sla Employees' Pension Plan grew at a solid clip - up 13.1% during 2024, from $61M to $69M. Reported net income was $8M.
How have Spencer Savings Bank, Sla plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Spencer Savings Bank, Sla's sponsor-wide assets grew 293.9%, from $42M to $164M.
Where does Spencer Savings Bank, Sla Employees' Pension Plan rank by assets among Form 5500 filers? ▼
Spencer Savings Bank, Sla Employees' Pension Plan ranks in the 87th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Spencer Savings Bank, Sla Employees' Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is National Guardian Life Insurance Company Pension Plan for Employees in WI ($69M, 206 participants).

Next read for Spencer Savings Bank, Sla Employees' Pen…

Filing takeaways

Ways to act on Spencer Savings Bank, Sla Employees' Pension Plan's numbers.

  • By total assets, Spencer Savings Bank, Sla Employees' Pension Plan ranks in the top quartile 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
  • Spencer Savings Bank, Sla's sponsor-wide assets have grown 293.9% since 2022 across 3 plan years on file. More Finance & Insurance plans

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 221296609.

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.