Defined Benefit (Pension)
2024 plan-year Defined Benefit (Pension) DOL Form 5500

PROVIDENT BANK PENSION PLAN

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

PROVIDENT BANK

This Defined Benefit (Pension) plan holds $56M in total assets and serves 89 participants as of 2024. It is sponsored by PROVIDENT BANK in New Jersey. The plan reported positive net income of $3M for the year.

Total Assets (2023)
$56M
Participants
89
State
Industry
Finance & Insurance

What the Filing Says About PROVIDENT BANK PENSION PLAN

PROVIDENT BANK PENSION PLAN is a Defined Benefit (Pension) retirement plan sponsored by PROVIDENT BANK, headquartered in New Jersey. As of the 2024 Form 5500 filing, the plan reports $56M in total end-of-year assets and covers 89 participants across the Finance & Insurance industry. The sponsor's EIN on file with the U.S. Department of Labor is 221211130, and the plan has been effective since 1966-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $53M at the beginning of 2024 to $56M at year-end — a gain of 5.9%. Net assets (after liabilities) closed the year at $56M, with reported net income of $3M driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$53M
Total Assets (End of Year)$56M
Net Assets (End of Year)$56M
Net Income$3M
Plan TypeDefined Benefit (Pension)
Employer EIN221211130
Plan Effective Date1966-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (PROVIDENT BANK)

Year Plans Participants Total Assets
2022 3 2,244 $263M
2023 3 2,182 $276M
2024 4 3,700 $406M

Nearby Defined Benefit (Pension) Plans in New Jersey

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

Frequently Asked Questions

How much money is in the PROVIDENT BANK PENSION PLAN?
As of the 2024 Form 5500 filing, PROVIDENT BANK PENSION PLAN holds $56M in total assets with 89 participants. It is sponsored by PROVIDENT BANK.
What type of plan is PROVIDENT BANK PENSION PLAN?
PROVIDENT BANK PENSION PLAN is a Defined Benefit (Pension) plan. It has been effective since 1966-01-01. The plan is filed with the U.S. Department of Labor under EIN 221211130.
Who sponsors the PROVIDENT BANK PENSION PLAN?
PROVIDENT BANK PENSION PLAN is sponsored by PROVIDENT BANK, located in New Jersey. The sponsor's EIN is 221211130 and the plan operates in the Finance & Insurance industry.
How did PROVIDENT BANK PENSION PLAN perform in 2024?
PROVIDENT BANK PENSION PLAN grew by 5.9% during 2024, moving from $53M to $56M in total assets. Net income was $3M.
Where can I find official filings for PROVIDENT BANK PENSION PLAN?
Official Form 5500 filings for PROVIDENT BANK PENSION PLAN are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 221211130 or plan name at efast.dol.gov.
How does PROVIDENT BANK PENSION PLAN compare to other plans?
You can compare PROVIDENT BANK PENSION PLAN against other Defined Benefit (Pension) plans on the plan type page, or view plans in New Jersey on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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 221211130.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from official public datasets. See our methodology for details.