Defined Benefit (Pension) · DOL Form 5500 · 2024
Standard Chartered Bank Pension Plan
Data updated 2026-08-11
- $160M
- Total assets
- 178
- Participants
- 93rd
- Percentile by assets
- $899,872
- Avg per participant
Official DOL plan name: Standard Chartered Bank Retirement Account Plan · Sponsored by Standard Chartered Bank · New Jersey · Finance & Insurance
$160M in assets, 178 participants
Standard Chartered Bank's Standard Chartered Bank Retirement Account Plan reported $160M in total assets and 178 participants in its 2024 DOL Form 5500 filing, ranking in the 93rd 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.
- 93rd percentile by assets (of 123,622 plans)
- #7,630 in Finance & Insurance (8,549 peers)
Coverage in New Jersey
Standard Chartered Bank Retirement Account Plan covers 178 participants in New Jersey, about 21% of the average New Jersey filer (state average ~844 per filing). Assets: $160M.
- $160M
- total plan assets (2024 EOY)
- 178
- covered participants
- 93rd
- percentile by assets (of 123,622 plans)
- $899,872
- avg assets per participant
The plan reported a net loss of $10M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Standard Chartered Bank Retirement Account Plan reported net income fell from $13M in the plan year 2023 filing to -$10M in the plan year 2024 filing.
- Standard Chartered Bank Retirement Account Plan reported participants fell from 194 in the plan year 2023 filing to 178 in the plan year 2024 filing.
- Standard Chartered Bank Retirement Account Plan end-of-year assets fell from $171M in the plan year 2023 filing to $160M 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. Standard Chartered Bank Retirement Account Plan reports 178 participants - about 21% of that state average ($160M EOY assets).
New Jersey filing particulars
| Total Assets (Beginning of Year) | $171M |
|---|---|
| Net Assets (End of Year) | $160M |
| Net Income | -$10M |
| Employer EIN | 941595409 |
| Plan Effective Date | 1988-10-31 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Standard Chartered Bank)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 1,297 | $443M |
| 2023 | 2 | 1,297 | $518M |
| 2024 | 2 | 1,342 | $568M |
Nearby Defined Benefit (Pension) Plans in New Jersey
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
Standard Chartered Bank Retirement Account Plan vs. nearby Defined Benefit (Pension) plans in New Jersey, assets vs. participants
- Retirement Plan of Johnson and Johnson $21.1B · 37,882
- JPMorgan Chase Retirement Plan $16.1B · 83,812
- Nokia Retirement Income Plan $12.9B · 7,280
- The Prudential Merged Retirement Plan $12.0B · 16,233
- Merck US Pension Plan $10.1B · 26,843
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Standard Chartered Bank Retirement Account Plan by total assets, not by location.
- Alyeska Pipeline Service Company Pension Plan for Operating Company Employees (AK) $160M · 668
- Ust LLC Retirement Income Plan for Hourly Employees (VA) $160M · 296
- Crown Central Retirement Plan (MD) $160M · N/A
- Sanofi Pasteur Inc. Retirement Plan (PA) $160M · 1,191
Frequently Asked Questions
How did Standard Chartered Bank Retirement Account Plan assets move in 2024? ▼
How have Standard Chartered Bank plan assets changed over time? ▼
Where does Standard Chartered Bank Retirement Account Plan rank by assets among Form 5500 filers? ▼
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Filing takeaways
Ways to act on Standard Chartered Bank Retirement Account Plan's numbers.
- By total assets, Standard Chartered Bank Retirement Account Plan ranks in the top 10% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in New Jersey. Compare plans
- Standard Chartered Bank's sponsor-wide assets have grown 28.0% since 2022 across 3 plan years on file. More Finance & Insurance plans