401(k) · DOL Form 5500 · 2024
Somerset Regal Bank 401(k) Plan
Data updated 2026-08-25
- $17M
- Total assets Small plan by assets
- 112
- Participants Small participant base
- 67th
- Percentile by assets National rank
- $148,135
- Avg per participant Above avg balance/head
Official DOL plan name: Somerset Regal Bank 401(k) Retirement Plan · Sponsored by Somerset Regal Bank · New Jersey · Finance & Insurance
$17M in assets, 112 participants
Somerset Regal Bank's Somerset Regal Bank 401(k) Retirement Plan reported $17M in total assets and 112 participants in its 2024 DOL Form 5500 filing, ranking in the 67th 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.
- #4,349 in Finance & Insurance (8,549 peers)
Coverage in New Jersey
Somerset Regal Bank 401(k) Retirement Plan covers 112 participants in New Jersey, about 13% of the average New Jersey filer (state average ~844 per filing). Assets: $17M.
- #4,349
- in Finance & Insurance (8,549 peers)
- +24.3%
- assets growth YoY
Somerset Regal Bank 401(k) Retirement Plan's outsized position by total assets
Somerset Regal Bank 401(k) Retirement Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$16,591,131 Top 33% higher than 67% 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
Somerset Regal Bank 401(k) Retirement 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. Somerset Regal Bank 401(k) Retirement Plan sits mid-pack in the medium band (112 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Somerset Regal Bank 401(k) Retirement Plan reported participants rose from 62 in the plan year 2023 filing to 112 in the plan year 2024 filing.
- Somerset Regal Bank 401(k) Retirement Plan reported net income rose from $2M in the plan year 2023 filing to $3M in the plan year 2024 filing.
- Somerset Regal Bank 401(k) Retirement Plan end-of-year assets rose from $13M in the plan year 2023 filing to $17M in the plan year 2024 filing.
EBSA filing schedule strip
Filing strip 220784760 · Somerset Regal Bank PY 2024 · 401(k)
Somerset Regal Bank 401(k) Retirement Plan · $17M · 112 · 67th
- PCT $17M
- EIN 112
- RANK 67th
- PHOTO 401(k)
- IND near North American Truck & Trailer, Inc 401(k) Plan
- EOY ind #4349
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 →
Somerset Regal Bank 401(k) Retirement Plan in the asset neighbourhood
New Jersey filing particulars
| Total Assets (Beginning of Year) | $13M |
|---|---|
| Net Assets (End of Year) | $17M |
| Net Income | $3M |
| Employer EIN | 220784760 |
| Plan Effective Date | 1984-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Somerset Regal Bank)
Sponsor-wide plan assets over time
All Somerset Regal Bank plans reported in each filing year
- Latest sponsor-wide plan assets
- $41M 50.472843749196436% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 115 | $28M |
| 2023 | 3 | 244 | $36M |
| 2024 | 3 | 283 | $41M |
Nearby 401(k) Plans in New Jersey
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- JPMorgan Chase 401(k) Savings Plan $52.9B · 185,532
- Verizon Savings Plan for Management Employees $29.4B · 69,218
- Johnson and Johnson Savings Plan $23.6B · 42,583
- Ernst & Young Retirement Savings Plan $18.3B · 56,714
- Merck US Savings Plan $15.0B · 27,956
Somerset Regal Bank 401(k) Retirement Plan's out-of-state 401(k) peers by assets and headcount
Outside New Jersey, the nearest 401(k) by assets is North American Truck & Trailer, Inc 401(k) Plan in SD ($17M); by covered participants it is Wiseway LLC 401(k) Profit Sharing Plan in KY (112 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($17M here).
- North American Truck & Trailer, Inc 401(k) Plan (SD) $17M · 287
- Leech Lake Band of Ojibwe Commercial 401(k) (MN) $17M · 1,003
- Norman H. Anderson, M.D., P.a. 401(k) Plan (FL) $17M · 91
- Holloway Houston, Inc. 401(k) Plan (TX) $17M · 162
Similar participant headcount
Nearest other-state filings by covered participants (112 participants); asset peers above are excluded.
- Wiseway LLC 401(k) Profit Sharing Plan (KY) 112 · 0 off
- Ellicott Dredge Group Plan (WI) 112 · 0 off
- Cascade Auto Center 401(k) Plan (WA) 112 · 0 off
- Washman LLC 401(k) Plan (OR) 112 · 0 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.