Defined Benefit (Pension) · DOL Form 5500 · 2024
Spencer Savings Bank, Sla Pension Plan
Data updated 2026-08-25
- $69M
- Total assets Below avg plan size
- 109
- Participants Small participant base
- 87th
- Percentile by assets National rank
- $629,083
- Avg per participant High balance/head
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.
- #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.
- #6,882
- in Finance & Insurance (8,549 peers)
- +13.1%
- assets growth YoY
- 0.7×
- vs typical plan assets (national mean)
Spencer Savings Bank, Sla Employees' Pension Plan's outsized position 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
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
Spencer Savings Bank, Sla Employees' Pension Plan among mid-size filed plans by headcount
Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Spencer Savings Bank, Sla Employees' Pension Plan sits mid-pack in the medium band (109 participants).
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.
DOL schedule card
Filing strip 221296609 · Spencer Savings Bank, Sla PY 2024 · Defined Benefit (Pension)
Spencer Savings Bank, Sla Employees' Pension Plan · $69M · 109 · 87th
- PART $69M
- TYPE 109
- NET 87th
- BOOK Defined Benefit (Pension)
- VS-ST near National Guardian Life Insurance Company Pension Plan for Employees
- BOY ind #6882
Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Finance & Insurance retirement plans → · Plans in New Jersey →
Spencer Savings Bank, Sla Employees' Pension Plan in the asset neighbourhood
New Jersey filing particulars
| Total Assets (Beginning of Year) | $61M |
|---|---|
| Net Assets (End of Year) | $69M |
| Net Income | $8M |
| Employer EIN | 221296609 |
| Plan Effective Date | 2002-10-09 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Spencer Savings Bank, Sla)
Sponsor-wide plan assets over time
All Spencer Savings Bank, Sla plans reported in each filing year
- Latest sponsor-wide plan assets
- $164M 293.9124144146765% vs 2022
- 2024 filing year
| 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.
- Retirement Plan of Johnson and Johnson $21.1B · 37,882
- JPMorgan Chase Retirement Plan $16.1B · 83,812
- Nokia Retirement Income Plan $12.9B · 7,280
- The Prudential Merged Retirement Plan $12.0B · 16,233
- Merck US Pension Plan $10.1B · 26,843
Spencer Savings Bank, Sla Employees' Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside New Jersey, the nearest Defined Benefit (Pension) by assets is National Guardian Life Insurance Company Pension Plan for Employees in WI ($69M); by covered participants it is Non-Contributory Retirement Program for Certain Employees of Blue Cross and Blue Shield of Nebraska in NE (109 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($69M here).
Similar participant headcount
Nearest other-state filings by covered participants (109 participants); asset peers above are excluded.
- Non-Contributory Retirement Program for Certain Employees of Blue Cross and Blue Shield of Nebraska (NE) 109 · 0 off
- Erc Retirement Plan (CT) 109 · 0 off
- Apex Tool Group, LLC Pension Plan for Apex Bargaining Unit Employees in Dayton, Oh (MD) 109 · 0 off
- Air France USA Retirement Plan (NY) 109 · 0 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.