401(k) · DOL Form 5500 · 2024

Provident Bank 401(k) Plan

Data updated 2026-08-25

$184M
Total assets Near avg plan size
1,781
Participants Near avg headcount
94th
Percentile by assets National rank
$103,512
Avg per participant Below avg balance/head
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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.

  • #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.

#7,729
in Finance & Insurance (8,549 peers)
+12.2%
assets growth YoY
1.8×
vs typical plan assets (national mean)

Provident Bank 401(k) Plan's outsized position 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

This plan $0 $2,050,000,000 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

Provident Bank 401(k) Plan's large-plan peer group by participant headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Provident Bank 401(k) Plan lands in the large band (1,781 participants).

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.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 221211130 · Provident Bank PY 2024 · 401(k)

Provident Bank 401(k) Plan · $184M · 1,781 · 94th

  • PHOTO $184M
  • IND 1,781
  • EOY 94th
  • 5500 401(k)
  • ASSETS near M/I Homes, Inc. 401(k) Profit Sharing Plan
  • PCT ind #7729

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 →

Provident Bank 401(k) Plan in the asset neighbourhood

Irobot Fund for the Future 401(k) PlanIrobot Fund for the Future 4…$185MCalista 401(k) Retirement PlanCalista 401(k) Retirement Pl…$184MM/I Homes, Inc. 401(k) Profit Sharing PlanM/I Homes, Inc. 401(k) Profi…$184MProvident Bank 401(k) Plan$184MBelmark Employees' Retirement Savings Plan and TrustBelmark Employees' Retiremen…$184M
End-of-year total assets ($M) among Provident Bank 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

New Jersey filing particulars

Total Assets (Beginning of Year)$164M
Net Assets (End of Year)$184M
Net Income$20M
Employer EIN221211130
Plan Effective Date1981-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Provident Bank)

Sponsor-wide plan assets over time

All Provident Bank plans reported in each filing year

Latest sponsor-wide plan assets
$406M 54.51965368048766% vs 2022
2024 filing year
$200M$250M$300M$350M$400M$450M 202220232024 $263M $406M ▲ +54.5%
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.

Provident Bank 401(k) Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -200204060 Total assets ($B) Participants Provident Bank 401(k) Plan, Total assets ($B): 0.184354407 · Participants: 1781Provident Bank 401(k) PlanJPMorgan Chase 401(k) Savings Plan, Total assets ($B): 52.9134575 · Participants: 185532JPMorgan Chase 401(k) Savings PlanVerizon Savings Plan for Management Employees, Total assets ($B): 29.376133902 · Participants: 69218Verizon Savings Plan for Management EmployeesJohnson and Johnson Savings Plan, Total assets ($B): 23.58476515 · Participants: 42583Johnson and Johnson Savings PlanErnst & Young Retirement Savings Plan, Total assets ($B): 18.327167732 · Participants: 56714Ernst & Young Retirement Savings PlanMerck US Savings Plan, Total assets ($B): 14.970916966 · Participants: 27956Merck US Savings Plan
Provident Bank 401(k) Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants
Compare Provident Bank 401(k) Plan side-by-side with 3 peers →

Provident Bank 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside New Jersey, the nearest 401(k) by assets is M/I Homes, Inc. 401(k) Profit Sharing Plan in OH ($184M); by covered participants it is Incyte Corporation 401(k) Plan in DE (1,781 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($184M here).

Similar participant headcount

Nearest other-state filings by covered participants (1,781 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Provident Bank 401(k) Plan assets move in 2024? ▼
Provident Bank 401(k) Plan grew at a solid clip - up 12.2% during 2024, from $164M to $184M. Reported net income was $20M.
How have Provident Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Provident Bank's sponsor-wide assets grew 54.5%, from $263M to $406M.
Where does Provident Bank 401(k) Plan rank by assets among Form 5500 filers? ▼
Provident Bank 401(k) Plan ranks in the 94th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Provident Bank 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is M/I Homes, Inc. 401(k) Profit Sharing Plan in OH ($184M, 1,540 participants).
Which 401(k) plans cover a similar participant headcount to Provident Bank 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Incyte Corporation 401(k) Plan in DE (1,781 participants, $513M in assets).

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 221211130.

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.