Plan5500

Somerset Regal Bank — Form 5500 filings & benefit plans

Form 5500 plan sponsor summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Somerset Regal Bank (EIN 22-0784760) is a plan sponsor located in Bound Brook, NJ with 2 reported benefit plan(s) in the loaded dataset. The latest loaded Form 5500 filing year is 2023.

Company overview (based on loaded 2023 public filings)

EIN
22-0784760
Location
Bound Brook, NJ
Loaded plans
3
Latest filing year
2023

This is a company / sponsor profile — aggregate totals across all of this employer's loaded plans. Open an individual plan below for its own full financial statement.

What stands out for Somerset Regal Bank

  • 3 loaded plans hold $36.3M in reported assets.
  • The largest, Somerset Savings Bank, Sla Pension Plan, holds 43% of this company's reported plan assets.
  • Plans cover 296 reported participants.
  • 3 of 3 plans report full financial statements.
  • 1 report Schedule C provider compensation.
Aggregate financials · 2023

Reported financial aggregate

Total reported net assets$29.3MSummed across loaded plans$29,287,885
Total reported assets$36.3M$36,318,103
Total reported participants296
Total reported liabilities$7M$7,030,218

Reported net position

Reported assets = net assets + liabilities (summed)$36.3M total assets
Net assets$29.3MLiabilities$7M
Contributions & income
Employer contributions$930.3K
Participant contributions$483.2K
Total income / additions$5M
Expenses & distributions
Benefits paid / distributions$3M
Total expenses$3.3M
Net increase / (decrease)$1.7M

Data coverage

Plans with financial statements3 / 3 (100%)
Plans with provider compensation1 / 3 (33%)

Totals sum the latest loaded 2023 public Form 5500 filing per plan for this company's plans — one filing per plan, so multiple years are never double-counted. Figures are reported values from loaded Schedule H / I (and Schedule C for provider compensation); fields a plan did not report are treated as missing, not zero. These are not audited or official totals.

Computed from loaded plans

Portfolio comparison

Largest plan share of assets43%Somerset Savings Bank, Sla Pension Plan
Participants per plan99Average across loaded plans
Loaded plans3
Ranked by reported assets

Largest loaded plans

Bars show each plan's reported end-of-year assets relative to the largest.

  1. 1
    Somerset Savings Bank, Sla Pension Plan$15.7M
    Plan #001 · 96 participants · 2023
  2. 2
    Somerset Regal Bank 401(K) Retirement Plan$13.3M
    Plan #002 · 81 participants · 2023
  3. 3
    Somerset Regal Bank Employee Stock Ownership Plan$7.3M
    Plan #003 · 119 participants · 2023

All loaded plans by assets → · By participants → · With financial statements → · With provider compensation →

EFAST2 filings

Latest loaded filings

Most recent loaded Form 5500 filings for Somerset Regal Bank. Open one for its full reported snapshot.

  1. 2023
    Somerset Regal Bank 401(K) Retirement Plan81 participants · 2Sch HSch C
    View filing →
  2. 2023
    Somerset Regal Bank Employee Stock Ownership Plan119 participants · 2Sch H
    View filing →
  3. 2023
    Somerset Savings Bank, Sla Pension Plan96 participants · 2Sch I
    View filing →

What to inspect next

Frequently asked questions

How many benefit plans does Somerset Regal Bank report on Form 5500?
Somerset Regal Bank (EIN 22-0784760) reports 2 benefit plan(s) in the loaded Form 5500 dataset.
What is the EIN for Somerset Regal Bank?
The Employer Identification Number (EIN) reported for Somerset Regal Bank is 22-0784760.
What is the latest Form 5500 filing year for Somerset Regal Bank?
The latest loaded Form 5500 filing year for Somerset Regal Bank is 2023.

Related Form 5500 pages