Defined Benefit (Pension) · DOL Form 5500 · 2024

Connectone Bank Pension Plan

Data updated 2026-08-25

$16M
Total assets Small plan by assets
10
Participants Small participant base
65th
Percentile by assets National rank
$1.6M
Avg per participant High balance/head
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Official DOL plan name: Union Center National Bank Pension Trust · Sponsored by Connectone Bank · New Jersey · Finance & Insurance

$16M in assets, 10 participants

Connectone Bank's Union Center National Bank Pension Trust reported $16M in total assets and 10 participants in its 2024 DOL Form 5500 filing, ranking in the 65th 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.

  • #4,230 in Finance & Insurance (8,549 peers)

Connectone Bank multi-year trail

Connectone Bank's plans moved +54.7% in assets from 2022 to 2024; this filing shows Union Center National Bank Pension Trust at $16M / 10 participants.

#4,230
in Finance & Insurance (8,549 peers)
+7.4%
assets growth YoY

Union Center National Bank Pension Trust's mid-pack asset rank among Finance & Insurance and all filers

Union Center National Bank Pension Trust vs every filed plan by assets

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

$15,704,063 Top 35% higher than 65% 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

Union Center National Bank Pension Trust among micro filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Union Center National Bank Pension Trust is a micro filing (10 participants), the leftmost band.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Union Center National Bank Pension Trust reported net income fell from $1M in the plan year 2023 filing to $1M in the plan year 2024 filing.
  • Union Center National Bank Pension Trust end-of-year assets rose from $15M in the plan year 2023 filing to $16M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 201172127 · Connectone Bank PY 2024 · Defined Benefit (Pension)

Union Center National Bank Pension Trust · $16M · 10 · 65th

  • NET $16M
  • NET 10
  • NET 65th
  • NET Defined Benefit (Pension)
  • NET near Tidewater Barge Lines, Inc. Employee Retirement Plan
  • NET ind #4230

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 →

Union Center National Bank Pension Trust in the asset neighbourhood

Alexandria Real Estate Equities, Inc. Cash Balance Pension PlanAlexandria Real Estate Equit…$16MTidewater Barge Lines, Inc. Employee Retirement PlanTidewater Barge Lines, Inc. …$16MUnion Center National Bank Pension TrustUnion Center National Bank P…$16MAnesthesia Associates of Boise, P.a. Cash Balance PlanAnesthesia Associates of Boi…$16MGulf Coast Educators Fcu Employees' Pension PlanGulf Coast Educators Fcu Emp…$16M
End-of-year total assets ($M) among Union Center National Bank Pension Trust and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Connectone Bank multi-year asset trail

Sponsor-wide plan assets over time

All Connectone Bank plans reported in each filing year

Latest sponsor-wide plan assets
$75M 54.74371518880472% vs 2022
2024 filing year
$40M$50M$60M$70M$80M 202220232024 $48.7M $75.3M ▲ +54.7%
Year Plans Participants Total Assets
2022 2 407 $49M
2023 2 492 $61M
2024 2 507 $75M

Connectone Bank filing trail (2024)

Total Assets (Beginning of Year)$15M
Net Assets (End of Year)$16M
Net Income$1M
Employer EIN201172127
Plan Effective Date1950-03-15
Filing StatusFILING RECEIVED

Nearby Defined Benefit (Pension) Plans in New Jersey

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

Union Center National Bank Pension Trust vs. nearby Defined Benefit (Pension) plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -50510152025 Total assets ($B) Participants Union Center National Bank Pension Trust, Total assets ($B): 0.015704063 · Participants: 10Union Center National Bank Pension TrustRetirement 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
Union Center National Bank Pension Trust vs. nearby Defined Benefit (Pension) plans in New Jersey, assets vs. participants
Compare Union Center National Bank Pension Trust side-by-side with 3 peers →

Union Center National Bank Pension Trust's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside New Jersey, the nearest Defined Benefit (Pension) by assets is Tidewater Barge Lines, Inc. Employee Retirement Plan in WA ($16M); by covered participants it is Pension Plan for Hourly Paid Employees of Delta Star, Inc. in VA (10 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (10 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 Union Center National Bank Pension Trust assets move in 2024? ▼
Union Center National Bank Pension Trust grew at a solid clip - up 7.4% during 2024, from $15M to $16M. Reported net income was $1M.
How have Connectone Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Connectone Bank's sponsor-wide assets grew 54.7%, from $49M to $75M.
Which Defined Benefit (Pension) plans are similar in size to Union Center National Bank Pension Trust? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Tidewater Barge Lines, Inc. Employee Retirement Plan in WA ($16M, 13 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Union Center National Bank Pension Trust? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Pension Plan for Hourly Paid Employees of Delta Star, Inc. in VA (10 participants, N/A 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 201172127.

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.