Somerset Regal Bank 401(k) match, vesting and fees
What Somerset Regal Bank's 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Principal Life Insurance Company | Schedule C ↗ |
| Independent auditor | Eisneramper LLC (unmodified opinion) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
| Late participant contributions | Reported on the filing | Schedule H ↗ |
How the plan compares
Plan year 2025 medians for 1,478 defined-contribution plans in finance and insurance with 100 to 499 participants.
| Somerset Regal Bank: employer contribution per participant | $2,023 | |
| Peer median | $3,122 |
| Somerset Regal Bank: average balance | $148,223 | |
| Peer median | $111,687 |
| Somerset Regal Bank: admin expenses ÷ assets | 0.30% | |
| Peer median | 0.20% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $13.5M at the end of plan year 2021 to $19.9M at the end of plan year 2025.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2025 | 134 | $19.9M | $271K | $2,023 | 0.30% | Not published | Form 5500 ↗ |
| 2024 | 131 | $16.6M | $263K | $2,008 | 0.31% | Not published | Form 5500 ↗ |
| 2023 | 130 | $13.3M | $172K | $1,321 | 0.26% | Not published | Form 5500 ↗ |
| 2022 | 81 | $11.5M | $123K | $1,535 | 0.31% | Not published | Form 5500 ↗ |
| 2021 | 79 | $13.5M | $110K | $1,410 | 0.26% | Not published | Form 5500 ↗ |
Other Somerset Regal Bank plans (2)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
Somerset Regal Bank Employee Stock Ownership Plan
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Independent auditor | Eisner Amper LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | Retirement · Active | Form 5500 ↗ |
Somerset Savings Bank, Sla Pension Plan
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Plan type and status | Pension (defined benefit) · Frozen | Form 5500 ↗ |
Common questions
Does Somerset Regal Bank match 401(k) contributions?
The match terms for the Somerset Regal Bank 401(k) Retirement Plan have not been published from its filing yet. The plan year 2025 filing reports $271K in employer contributions, about $2,023 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Somerset Regal Bank 401(k) match vested?
The vesting schedule for the Somerset Regal Bank 401(k) Retirement Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Somerset Regal Bank 401(k)?
The recordkeeper listed on Schedule C of the plan year 2025 filing is Principal Life Insurance Company. The plan administrator is Somerset Regal Bank.
I left Somerset Regal Bank. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Somerset Regal Bank, (732) 893-1770) or the recordkeeper, Principal Life Insurance Company. The Somerset Regal Bank old 401(k) page lists the contacts from every plan filing. Find an old Somerset Regal Bank 401(k)
Data from the public Form 5500 annual reports Somerset Regal Bank filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024 and 2025) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Somerset Regal Bank. Not financial advice. Report a correction · Methodology