Defined Benefit (Pension) · DOL Form 5500 · 2024

Somerset Regal Bank Pension Plan

Data updated 2026-08-25

$16M
Total assets Small plan by assets
56
Participants Small participant base
66th
Percentile by assets National rank
$283,030
Avg per participant High balance/head
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Official DOL plan name: Somerset Savings Bank, Sla Pension Plan · Sponsored by Somerset Regal Bank · New Jersey · Finance & Insurance

$16M in assets, 56 participants

Somerset Regal Bank's Somerset Savings Bank, Sla Pension Plan reported $16M in total assets and 56 participants in its 2024 DOL Form 5500 filing, ranking in the 66th 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.

  • #4,247 in Finance & Insurance (8,549 peers)

Somerset Regal Bank multi-year trail

Somerset Regal Bank's plans moved +50.5% in assets from 2022 to 2024; this filing shows Somerset Savings Bank, Sla Pension Plan at $16M / 56 participants.

#4,247
in Finance & Insurance (8,549 peers)
+0.9%
assets growth YoY

Somerset Savings Bank, Sla Pension Plan's mid-pack asset rank among Finance & Insurance and all filers

Somerset Savings Bank, Sla Pension Plan vs every filed plan by assets

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

$15,849,674 Top 34% higher than 66% 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

Somerset Savings Bank, Sla Pension Plan among smaller filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Somerset Savings Bank, Sla Pension Plan is a small filing (56 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Somerset Savings Bank, Sla Pension Plan reported net income rose from -$404K in the plan year 2023 filing to $149K in the plan year 2024 filing.
  • Somerset Savings Bank, Sla Pension Plan reported participants fell from 63 in the plan year 2023 filing to 56 in the plan year 2024 filing.
  • Somerset Savings Bank, Sla Pension Plan end-of-year assets rose from $16M in the plan year 2023 filing to $16M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 220784760 · Somerset Regal Bank PY 2024 · Defined Benefit (Pension)

Somerset Savings Bank, Sla Pension Plan · $16M · 56 · 66th

  • EBSA $16M
  • PART 56
  • TYPE 66th
  • NET Defined Benefit (Pension)
  • BOOK near Supplemental Pension Plan of Indiana Harbor Belt Railroad Company
  • VS-ST ind #4247

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 →

Somerset Savings Bank, Sla Pension Plan in the asset neighbourhood

Somerset Savings Bank, Sla Pension PlanSomerset Savings Bank, Sla P…$16MSupplemental Pension Plan of Indiana Harbor Belt Railroad CompanySupplemental Pension Plan of…$16MBrethren Mutual Insurance Company Employee Retirement PlanBrethren Mutual Insurance Co…$16MTate & Lyle Hourly Pension PlanTate & Lyle Hourly Pension P…$16MAllina Health Pension Plan for Collectively Bargained EmployeesAllina Health Pension Plan f…$16M
End-of-year total assets ($M) among Somerset Savings Bank, Sla Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Somerset Regal Bank multi-year asset trail

Sponsor-wide plan assets over time

All Somerset Regal Bank plans reported in each filing year

Latest sponsor-wide plan assets
$41M 50.472843749196436% vs 2022
2024 filing year
$25M$30M$35M$40M$45M 202220232024 $27.6M $41.5M ▲ +50.5%
Year Plans Participants Total Assets
2022 2 115 $28M
2023 3 244 $36M
2024 3 283 $41M

Somerset Regal Bank filing trail (2024)

Total Assets (Beginning of Year)$16M
Net Assets (End of Year)$16M
Net Income$149K
Employer EIN220784760
Plan Effective Date1959-05-01
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.

Somerset Savings Bank, Sla Pension Plan vs. nearby Defined Benefit (Pension) plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -50510152025 Total assets ($B) Participants Somerset Savings Bank, Sla Pension Plan, Total assets ($B): 0.015849674 · Participants: 56Somerset Savings Bank, Sla Pension PlanRetirement 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
Somerset Savings Bank, Sla Pension Plan vs. nearby Defined Benefit (Pension) plans in New Jersey, assets vs. participants
Compare Somerset Savings Bank, Sla Pension Plan side-by-side with 3 peers →

Somerset Savings Bank, Sla Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside New Jersey, the nearest Defined Benefit (Pension) by assets is Supplemental Pension Plan of Indiana Harbor Belt Railroad Company in IN ($16M); by covered participants it is Los Angeles Turf Club, Incorporated Retirement Income Plan in CA (56 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (56 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 Somerset Savings Bank, Sla Pension Plan assets move in 2024? ▼
Somerset Savings Bank, Sla Pension Plan held essentially flat - up 0.9% during 2024, from $16M to $16M. Reported net income was $149K.
How have Somerset Regal Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Somerset Regal Bank's sponsor-wide assets grew 50.5%, from $28M to $41M.
Which Defined Benefit (Pension) plans are similar in size to Somerset Savings Bank, Sla Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Supplemental Pension Plan of Indiana Harbor Belt Railroad Company in IN ($16M, 66 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Somerset Savings Bank, Sla Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Los Angeles Turf Club, Incorporated Retirement Income Plan in CA (56 participants, $24M 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 220784760.

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.