Defined Benefit (Pension) · DOL Form 5500 · 2024

Valley National Bank Pension Plan

Data updated 2026-08-25

$77M
Total assets Below avg plan size
42
Participants Small participant base
88th
Percentile by assets National rank
$1.8M
Avg per participant High balance/head
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Official DOL plan name: Employees' Retirement Income Plan of Bank Leumi USA · Sponsored by Valley National Bank · New Jersey · Finance & Insurance

$77M in assets, 42 participants

Valley National Bank's Employees' Retirement Income Plan of Bank Leumi USA reported $77M in total assets and 42 participants in its 2024 DOL Form 5500 filing, ranking in the 88th 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.

  • #7,015 in Finance & Insurance (8,549 peers)

Where Employees' Retirement Income Plan of Bank Leumi USA sits by assets

Employees' Retirement Income Plan of Bank Leumi USA sits in the top quartile of all filed plans by assets, $77M for 42 participants (~$1.8M/participant), up 2.2% in 2024.

#7,015
in Finance & Insurance (8,549 peers)
+2.2%
assets growth YoY
0.8×
vs typical plan assets (national mean)

Employees' Retirement Income Plan of Bank Leumi USA's outsized position by total assets

Employees' Retirement Income Plan of Bank Leumi USA vs every filed plan by assets

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

$77,014,426 Top 12% higher than 88% 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

Employees' Retirement Income Plan of Bank Leumi USA among smaller filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Employees' Retirement Income Plan of Bank Leumi USA is a small filing (42 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Employees' Retirement Income Plan of Bank Leumi USA reported net income fell from $33M in the plan year 2023 filing to $2M in the plan year 2024 filing.
  • Employees' Retirement Income Plan of Bank Leumi USA reported participants fell from 49 in the plan year 2023 filing to 42 in the plan year 2024 filing.
  • Employees' Retirement Income Plan of Bank Leumi USA end-of-year assets rose from $75M in the plan year 2023 filing to $77M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 221186387 · Valley National Bank PY 2024 · Defined Benefit (Pension)

Employees' Retirement Income Plan of Bank Leumi USA · $77M · 42 · 88th

  • PHOTO $77M
  • PHOTO 42
  • PHOTO 88th
  • PHOTO Defined Benefit (Pension)
  • PHOTO near State Department Federal Credit Union Defined Benefit Pension Plan
  • PHOTO ind #7015

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 →

Employees' Retirement Income Plan of Bank Leumi USA in the asset neighbourhood

Sunkist Retirement Plan - a$77ML3harris Communication Systems - East Pension Plan for Bargaining Unit EmployeesL3harris Communication Syste…$77MOffice & Professional Employees Iu Pension PlanOffice & Professional Employ…$77MState Department Federal Credit Union Defined Benefit Pension PlanState Department Federal Cre…$77MEmployees' Retirement Income Plan of Bank Leumi USAEmployees' Retirement Income…$77M
End-of-year total assets ($M) among Employees' Retirement Income Plan of Bank Leumi USA and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$75M
Net Assets (End of Year)$77M
Net Income$2M
Employer EIN221186387
Plan Effective Date1958-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Valley National Bank)

Sponsor-wide plan assets over time

All Valley National Bank plans reported in each filing year

Latest sponsor-wide plan assets
$1.0B 33.443801257382255% vs 2022
2024 filing year
$0.7B$0.8B$0.9B$1B$1.1B 202220232024 $0.76B $1.01B ▲ +32.9%
Year Plans Participants Total Assets
2022 3 4,111 $760M
2023 3 4,225 $910M
2024 3 4,404 $1.0B

Nearby Defined Benefit (Pension) Plans in New Jersey

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

Employees' Retirement Income Plan of Bank Leumi USA vs. nearby Defined Benefit (Pension) plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -50510152025 Total assets ($B) Participants Employees' Retirement Income Plan of Bank Leumi USA, Total assets ($B): 0.077014426 · Participants: 42Employees' Retirement Income Plan of Bank Leumi USARetirement Plan of Johnson and Johnson, Total assets ($B): 21.095569114 · Participants: 37882Retirement Plan of Johnson and JohnsonJPMorgan Chase Retirement Plan, Total assets ($B): 16.066557714 · Participants: 83812JPMorgan Chase Retirement PlanNokia Retirement Income Plan, Total assets ($B): 12.855309 · Participants: 7280Nokia Retirement Income PlanThe Prudential Merged Retirement Plan, Total assets ($B): 12.025028912 · Participants: 16233The Prudential Merged Retirement PlanMerck US Pension Plan, Total assets ($B): 10.090083286 · Participants: 26843Merck US Pension Plan
Employees' Retirement Income Plan of Bank Leumi USA vs. nearby Defined Benefit (Pension) plans in New Jersey, assets vs. participants

Employees' Retirement Income Plan of Bank Leumi USA's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside New Jersey, the nearest Defined Benefit (Pension) by assets is State Department Federal Credit Union Defined Benefit Pension Plan in VA ($77M); by covered participants it is Mclaughlin Body Company Hourly Employees' Pension Plan in IL (42 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (42 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 Employees' Retirement Income Plan of Bank Leumi USA assets move in 2024?
Employees' Retirement Income Plan of Bank Leumi USA edged up modestly - up 2.2% during 2024, from $75M to $77M. Reported net income was $2M.
How have Valley National Bank plan assets changed over time?
Across 3 plan years on file (2022-2024), Valley National Bank's sponsor-wide assets grew 33.4%, from $760M to $1.0B.
Where does Employees' Retirement Income Plan of Bank Leumi USA rank by assets among Form 5500 filers?
Employees' Retirement Income Plan of Bank Leumi USA ranks in the 88th 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 Employees' Retirement Income Plan of Bank Leumi USA?
Among Defined Benefit (Pension) plans in other states, the closest by assets is State Department Federal Credit Union Defined Benefit Pension Plan in VA ($77M, 37 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Employees' Retirement Income Plan of Bank Leumi USA?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Mclaughlin Body Company Hourly Employees' Pension Plan in IL (42 participants, $19M in assets).