401(k) · DOL Form 5500 · 2024
Provident Bank 401(k) Plan
Data updated 2026-08-11
- $184M
- Total assets
- 1,781
- Participants
- 94th
- Percentile by assets
- $103,512
- Avg per participant
Official DOL plan name: Provident Bank 401(k) Plan · Sponsored by Provident Bank · New Jersey · Finance & Insurance
$184M in assets, 1,781 participants
Provident Bank's Provident Bank 401(k) Plan reported $184M in total assets and 1,781 participants in its 2024 DOL Form 5500 filing, ranking in the 94th 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.
- 94th percentile by assets (of 123,622 plans)
- #7,729 in Finance & Insurance (8,549 peers)
Coverage in New Jersey
Provident Bank 401(k) Plan covers 1,781 participants in New Jersey, 2.1x the typical New Jersey plan (state average ~844 per filing). Assets: $184M.
- $184M
- total plan assets (2024 EOY)
- 1,781
- covered participants
- 94th
- percentile by assets (of 123,622 plans)
- $103,512
- avg assets per participant
Where Provident Bank 401(k) Plan sits by total assets
Provident Bank 401(k) Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$184,354,407 Top 6% higher than 94% 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
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Provident Bank 401(k) Plan reported participants rose from 1,150 in the plan year 2023 filing to 1,781 in the plan year 2024 filing.
- Provident Bank 401(k) Plan end-of-year assets rose from $164M in the plan year 2023 filing to $184M in the plan year 2024 filing.
- Provident Bank 401(k) Plan reported net income fell from $22M in the plan year 2023 filing to $20M in the plan year 2024 filing.
Participants vs New Jersey filers
In New Jersey, the average filing covers about 844 participants across 4,145 plans. Provident Bank 401(k) Plan reports 1,781 participants - 2.1x that state average ($184M EOY assets).
New Jersey filing particulars
| Total Assets (Beginning of Year) | $164M |
|---|---|
| Net Assets (End of Year) | $184M |
| Net Income | $20M |
| Employer EIN | 221211130 |
| Plan Effective Date | 1981-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Provident Bank)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 3 | 2,244 | $263M |
| 2023 | 3 | 2,182 | $276M |
| 2024 | 4 | 3,700 | $406M |
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
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Provident Bank 401(k) Plan by total assets, not by location.
- M/I Homes, Inc. 401(k) Profit Sharing Plan (OH) $184M · 1,540
- Calista 401(k) Retirement Plan (AK) $184M · 2,643
- Belmark Employees' Retirement Savings Plan and Trust (WI) $184M · 1,301
- Irobot Fund for the Future 401(k) Plan (MA) $185M · 766
Frequently Asked Questions
How did Provident Bank 401(k) Plan assets move in 2024? ▼
How have Provident Bank plan assets changed over time? ▼
Where does Provident Bank 401(k) Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to Provident Bank 401(k) Plan? ▼
Next read for Provident Bank 401(k) Plan
Filing takeaways
Ways to act on Provident Bank 401(k) Plan's numbers.
- By total assets, Provident Bank 401(k) Plan ranks in the top 10% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in New Jersey. Compare plans
- Provident Bank's sponsor-wide assets have grown 54.5% since 2022 across 3 plan years on file. More Finance & Insurance plans