401(k) · DOL Form 5500 · 2024

Valley National Bank 401(k) Plan

Data updated 2026-08-25

$663M
Total assets Above avg plan size
3,741
Participants Above avg headcount
98th
Percentile by assets National rank
$177,155
Avg per participant Above avg balance/head
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Official DOL plan name: Valley National Bank Savings and Investment Plan · Sponsored by Valley National Bank · New Jersey · Finance & Insurance

$663M in assets, 3,741 participants

Valley National Bank's Valley National Bank Savings and Investment Plan reported $663M in total assets and 3,741 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.

  • #8,210 in Finance & Insurance (8,549 peers)

Coverage in New Jersey

Valley National Bank Savings and Investment Plan covers 3,741 participants in New Jersey, 4.4x the typical New Jersey plan (state average ~844 per filing). Assets: $663M.

#8,210
in Finance & Insurance (8,549 peers)
+14.5%
assets growth YoY
6.6×
vs typical plan assets (national mean)

Valley National Bank Savings and Investment Plan's outsized position by total assets

Valley National Bank Savings and Investment Plan vs every filed plan by assets

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

$662,735,832 Top 2% higher than 98% 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 Savings and Investment 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. Valley National Bank Savings and Investment Plan lands in the large band (3,741 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Valley National Bank Savings and Investment Plan end-of-year assets rose from $579M in the plan year 2023 filing to $663M in the plan year 2024 filing.
  • Valley National Bank Savings and Investment Plan reported net income fell from $94M in the plan year 2023 filing to $84M in the plan year 2024 filing.
  • Valley National Bank Savings and Investment Plan reported participants rose from 3,489 in the plan year 2023 filing to 3,741 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 221186387 · Valley National Bank PY 2024 · 401(k)

Valley National Bank Savings and Investment Plan · $663M · 3,741 · 98th

  • EOY $663M
  • EOY 3,741
  • EOY 98th
  • EOY 401(k)
  • EOY near Endurance 401(k) Plan
  • EOY ind #8210

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 Savings and Investment Plan in the asset neighbourhood

Talen Energy Retirement Savings PlanTalen Energy Retirement Savi…$664MValley National Bank Savings and Investment PlanValley National Bank Savings…$663MEndurance 401(k) Plan$663MWestern Washington U.a. Supplemental Pension PlanWestern Washington U.a. Supp…$661MBj's Wholesale Club, Inc. 401(k) Savings PlanBj's Wholesale Club, Inc. 40…$661M
End-of-year total assets ($M) among Valley National Bank Savings and Investment Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

New Jersey filing particulars

Total Assets (Beginning of Year)$579M
Net Assets (End of Year)$663M
Net Income$84M
Employer EIN221186387
Plan Effective Date1965-03-31
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 401(k) Plans in New Jersey

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

Valley National Bank Savings and Investment Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -200204060 Total assets ($B) Participants Valley National Bank Savings and Investment Plan, Total assets ($B): 0.662735832 · Participants: 3741Valley National Bank Savings and Investment 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
Valley National Bank Savings and Investment Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants
Compare Valley National Bank Savings and Investment Plan side-by-side with 3 peers →

Valley National Bank Savings and Investment Plan's out-of-state 401(k) peers by assets and headcount

Outside New Jersey, the nearest 401(k) by assets is Endurance 401(k) Plan in GA ($663M); by covered participants it is Tk Elevator Retirement Savings Plan in GA (3,742 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($663M here).

Similar participant headcount

Nearest other-state filings by covered participants (3,741 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 Savings and Investment Plan assets move in 2024? ▼
Valley National Bank Savings and Investment Plan grew at a solid clip - up 14.5% during 2024, from $579M to $663M. Reported net income was $84M.
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 Savings and Investment Plan rank by assets among Form 5500 filers? ▼
Valley National Bank Savings and Investment 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 Valley National Bank Savings and Investment Plan? ▼
Among 401(k) plans in other states, the closest by assets is Endurance 401(k) Plan in GA ($663M, 2,712 participants).
Which 401(k) plans cover a similar participant headcount to Valley National Bank Savings and Investment Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Tk Elevator Retirement Savings Plan in GA (3,742 participants, $668M 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.