Defined Benefit (Pension) · DOL Form 5500 · 2024

Valley National Bank Pension Plan

Data updated 2026-08-25

$275M
Total assets Near avg plan size
621
Participants Below avg headcount
95th
Percentile by assets National rank
$442,366
Avg per participant High balance/head
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Official DOL plan name: Valley National Bank Pension Plan · Sponsored by Valley National Bank · New Jersey · Finance & Insurance

$275M in assets, 621 participants

Valley National Bank's Valley National Bank Pension Plan reported $275M in total assets and 621 participants in its 2024 DOL Form 5500 filing, ranking in the 95th 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.

  • #7,914 in Finance & Insurance (8,549 peers)

Where Valley National Bank Pension Plan sits by assets

Valley National Bank Pension Plan sits in the top 5% of all filed plans by assets, $275M for 621 participants (~$442,366/participant), up 7.2% in 2024.

#7,914
in Finance & Insurance (8,549 peers)
+7.2%
assets growth YoY
2.8×
vs typical plan assets (national mean)

Valley National Bank Pension Plan's outsized position by total assets

Valley National Bank Pension Plan vs every filed plan by assets

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

$274,709,058 Top 5% higher than 95% 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

Valley National Bank 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. Valley National Bank Pension Plan sits mid-pack in the medium band (621 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Valley National Bank Pension Plan reported net income fell from $23M in the plan year 2023 filing to $19M in the plan year 2024 filing.
  • Valley National Bank Pension Plan reported participants fell from 687 in the plan year 2023 filing to 621 in the plan year 2024 filing.
  • Valley National Bank Pension Plan end-of-year assets rose from $256M in the plan year 2023 filing to $275M in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

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

Valley National Bank Pension Plan · $275M · 621 · 95th

  • IND $275M
  • EOY 621
  • 5500 95th
  • ASSETS Defined Benefit (Pension)
  • PCT near NECA Local 145 IBEW Pension Fund
  • EIN ind #7914

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 →

Valley National Bank Pension Plan in the asset neighbourhood

Utah Sheet Metal Pension TrustUtah Sheet Metal Pension Tru…$275MCase Western Reserve University Employees Retirement Plan BCase Western Reserve Univers…$275MNECA Local 145 IBEW Pension FundNECA Local 145 IBEW Pension …$275MValley National Bank Pension PlanValley National Bank Pension…$275MU.a. Local No. 447 Pension FundU.a. Local No. 447 Pension F…$274M
End-of-year total assets ($M) among Valley National Bank Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$256M
Net Assets (End of Year)$275M
Net Income$19M
Employer EIN221186387
Plan Effective Date1965-03-01
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.

Valley National Bank Pension Plan vs. nearby Defined Benefit (Pension) plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -50510152025 Total assets ($B) Participants Valley National Bank Pension Plan, Total assets ($B): 0.274709058 · Participants: 621Valley National Bank Pension PlanRetirement 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
Valley National Bank Pension Plan vs. nearby Defined Benefit (Pension) plans in New Jersey, assets vs. participants
Compare Valley National Bank Pension Plan side-by-side with 3 peers →

Valley National Bank 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 NECA Local 145 IBEW Pension Fund in IL ($275M); by covered participants it is Masterbrand, Inc. Pension Plan in OH (621 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($275M here).

Similar participant headcount

Nearest other-state filings by covered participants (621 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 Valley National Bank Pension Plan assets move in 2024? ▼
Valley National Bank Pension Plan grew at a solid clip - up 7.2% during 2024, from $256M to $275M. Reported net income was $19M.
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 Valley National Bank Pension Plan rank by assets among Form 5500 filers? ▼
Valley National Bank Pension Plan ranks in the 95th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Valley National Bank Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is NECA Local 145 IBEW Pension Fund in IL ($275M, 801 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Valley National Bank Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Masterbrand, Inc. Pension Plan in OH (621 participants, $82M 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 221186387.

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.