401(k) · DOL Form 5500 · 2024

Selective Insurance Company of America 401(k) Plan

Data updated 2026-08-11

$764M
Total assets
2,687
Participants
98th
Percentile by assets
$284,403
Avg per participant
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Official DOL plan name: Selective Insurance Retirement Savings Plan · Sponsored by Selective Insurance Company of America · New Jersey · Finance & Insurance

$764M in assets, 2,687 participants

Selective Insurance Company of America's Selective Insurance Retirement Savings Plan reported $764M in total assets and 2,687 participants in its 2024 DOL Form 5500 filing, ranking in the 98th 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.

  • 98th percentile by assets (of 123,622 plans)
  • #8,244 in Finance & Insurance (8,549 peers)

Coverage in New Jersey

Selective Insurance Retirement Savings Plan covers 2,687 participants in New Jersey, 3.2x the typical New Jersey plan (state average ~844 per filing). Assets: $764M.

$764M
total plan assets (2024 EOY)
2,687
covered participants
98th
percentile by assets (of 123,622 plans)
$284,403
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Selective Insurance Retirement Savings Plan reported net income fell from $110M in the plan year 2023 filing to $88M in the plan year 2024 filing.
  • Selective Insurance Retirement Savings Plan end-of-year assets rose from $677M in the plan year 2023 filing to $764M in the plan year 2024 filing.
  • Selective Insurance Retirement Savings Plan reported participants rose from 2,545 in the plan year 2023 filing to 2,687 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Participants vs New Jersey filers

In New Jersey, the average filing covers about 844 participants across 4,145 plans. Selective Insurance Retirement Savings Plan reports 2,687 participants - 3.2x that state average ($764M EOY assets).

New Jersey filing particulars

Total Assets (Beginning of Year)$677M
Net Assets (End of Year)$764M
Net Income$88M
Employer EIN221272390
Plan Effective Date1980-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Selective Insurance Company of America)

$0.8B$0.9B$1B$1.1B$1.2B 202220232024 $0.91B $1.1B ▲ +20.9%
Total plan assets by year, all Selective Insurance Company of America plans on file
Year Plans Participants Total Assets
2022 2 3,009 $908M
2023 2 3,070 $1.0B
2024 2 3,148 $1.1B

Nearby 401(k) Plans in New Jersey

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Selective Insurance Retirement Savings Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants

Selective Insurance Retirement Savings Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -200204060 Total assets ($B) Participants Selective Insurance …JPMorgan Chase 401(k…Verizon Savings Plan…Johnson and Johnson …Ernst & Young Retire…Merck US Savings Plan
Selective Insurance Retirement Savings Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Selective Insurance Retirement Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Selective Insurance Retirement Savings Plan assets move in 2024?
Selective Insurance Retirement Savings Plan grew at a solid clip - up 12.9% during 2024, from $677M to $764M. Reported net income was $88M.
How have Selective Insurance Company of America plan assets changed over time?
Across 3 plan years on file (2022-2024), Selective Insurance Company of America's sponsor-wide assets grew 20.7%, from $908M to $1.1B.
Where does Selective Insurance Retirement Savings Plan rank by assets among Form 5500 filers?
Selective Insurance Retirement Savings Plan ranks in the 98th 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 401(k) plans are similar in size to Selective Insurance Retirement Savings Plan?
Among 401(k) plans in other states, the closest by assets is Kyndryl 401(k) Plan in NY ($764M, 6,859 participants).

Next read for Selective Insurance Retirement Savings P…

Filing takeaways

Ways to act on Selective Insurance Retirement Savings Plan's numbers.