Defined Benefit (Pension) · DOL Form 5500 · 2023

Spencer Savings Bank, Sla Pension Plan

Data updated 2026-08-25

$71M
Total assets Below avg plan size
68
Participants Small participant base
89th
Percentile by assets National rank
$1.0M
Avg per participant High balance/head
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Official DOL plan name: Spencer Savings Bank, Sla Employees' Pension Plan · Sponsored by Spencer Savings Bank, Sla · New Jersey · Finance & Insurance

$71M in assets, 68 participants

Spencer Savings Bank, Sla's Spencer Savings Bank, Sla Employees' Pension Plan reported $71M in total assets and 68 participants in its 2023 DOL Form 5500 filing, ranking in the 89th 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.

  • #7,323 in Finance & Insurance (8,869 peers)

Where Spencer Savings Bank, Sla Employees' Pension Plan sits by assets

Spencer Savings Bank, Sla Employees' Pension Plan sits in the top quartile of all filed plans by assets, $71M for 68 participants (~$1.0M/participant), up 17.5% in 2023.

#7,323
in Finance & Insurance (8,869 peers)
+17.5%
assets growth YoY
0.7×
vs typical plan assets (national mean)

Spencer Savings Bank, Sla Employees' Pension Plan's outsized position by total assets

Spencer Savings Bank, Sla Employees' Pension Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$70,934,624 Top 11% higher than 89% of 127,068 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 2023

Spencer Savings Bank, Sla Employees' Pension Plan among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Spencer Savings Bank, Sla Employees' Pension Plan is a small filing (68 participants) on this national headcount ladder.

EBSA filing schedule strip

Filing strip 221296609 · Spencer Savings Bank, Sla PY 2023 · Defined Benefit (Pension)

Spencer Savings Bank, Sla Employees' Pension Plan · $71M · 68 · 89th

  • BOY $71M
  • SCH 68
  • EBSA 89th
  • PART Defined Benefit (Pension)
  • TYPE near Local 808 Ibt Pension Plan
  • NET ind #7323

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 →

Spencer Savings Bank, Sla Employees' Pension Plan in the asset neighbourhood

Lakeview Memorial Hospital Association, Inc. Employees' Pension PlanLakeview Memorial Hospital A…$71MLocal 808 Ibt Pension Plan$71MSpencer Savings Bank, Sla Employees' Pension PlanSpencer Savings Bank, Sla Em…$71MAccuride Consolidated Employee Pension PlanAccuride Consolidated Employ…$71MAcuity Brands, Inc. Pension PlanAcuity Brands, Inc. Pension …$71M
End-of-year total assets ($M) among Spencer Savings Bank, Sla Employees' Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$60M
Net Assets (End of Year)$71M
Net Income$11M
Employer EIN221296609
Plan Effective Date2002-10-09
Filing StatusFILING RECEIVED

Sponsor Plan History (Spencer Savings Bank, Sla)

Sponsor-wide plan assets over time

All Spencer Savings Bank, Sla plans reported in each filing year

Latest sponsor-wide plan assets
$164M 293.9124144146765% vs 2022
2024 filing year
$0M$50M$100M$150M$200M 202220232024 $41.5M $164M ▲ +293.9%
Year Plans Participants Total Assets
2022 1 284 $42M
2023 2 349 $116M
2024 3 669 $164M

Nearby Defined Benefit (Pension) Plans in New Jersey

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

Spencer Savings Bank, Sla Employees' Pension Plan vs. nearby Defined Benefit (Pension) plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -50510152025 Total assets ($B) Participants Spencer Savings Bank, Sla Employees' Pension Plan, Total assets ($B): 0.070934624 · Participants: 68Spencer Savings Bank, Sla Employees' Pension PlanRetirement Plan of Johnson and Johnson, Total assets ($B): 21.174819996 · Participants: 37749Retirement Plan of Johnson and JohnsonJPMorgan Chase Retirement Plan, Total assets ($B): 16.279006871 · Participants: 90644JPMorgan Chase Retirement PlanNokia Retirement Income Plan, Total assets ($B): 13.864923 · Participants: 7492Nokia Retirement Income PlanThe Prudential Merged Retirement Plan, Total assets ($B): 12.225782081 · Participants: 16230The Prudential Merged Retirement PlanVerizon Pension Plan for Associates, Total assets ($B): 10.930667796 · Participants: 23778Verizon Pension Plan for Associates
Spencer Savings Bank, Sla Employees' Pension Plan vs. nearby Defined Benefit (Pension) plans in New Jersey, assets vs. participants
Compare Spencer Savings Bank, Sla Employees' Pension Plan side-by-side with 3 peers →

Spencer Savings Bank, Sla Employees' 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 Local 808 Ibt Pension Plan in NY ($71M); by covered participants it is Michigan Health and Hospital Association Staff Pension Plan in MI (68 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (68 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Spencer Savings Bank, Sla Employees' Pension Plan assets move in 2023? ▼
Spencer Savings Bank, Sla Employees' Pension Plan grew sharply - up 17.5% during 2023, from $60M to $71M. Reported net income was $11M.
How have Spencer Savings Bank, Sla plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Spencer Savings Bank, Sla's sponsor-wide assets grew 293.9%, from $42M to $164M.
Where does Spencer Savings Bank, Sla Employees' Pension Plan rank by assets among Form 5500 filers? ▼
Spencer Savings Bank, Sla Employees' Pension Plan ranks in the 89th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Spencer Savings Bank, Sla Employees' Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Local 808 Ibt Pension Plan in NY ($71M, 506 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Spencer Savings Bank, Sla Employees' Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Michigan Health and Hospital Association Staff Pension Plan in MI (68 participants, N/A in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 221296609.

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.