Employees' Retirement Income Plan Of Bank Leumi Usa — Form 5500 plan (Valley National Bank)

Plain-English plan 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, Employees' Retirement Income Plan Of Bank Leumi Usa is a benefit plan reported by Valley National Bank under EIN 22-1186387 and plan number 004. The latest loaded filing year is 2023. The filing reports 272 participants and $75,339,330 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$75.3MPlan net assets, end of year$75,339,330
Participants272Covered participants reported
Assets / participant$277KComputed: assets ÷ participants$276,983 (computed)
Provider compensationNone reported
Plan sponsor
Valley National Bank
EIN
22-1186387
Plan number
004
Plan type
2
Location
Morristown, NJ
Latest filing year
2023
EFAST2 filings

Form 5500 filing history

Each loaded annual filing for this plan. Open one for its full reported snapshot.

  1. 2023
    272 participants · 2Sch H
    View filing →
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$75.3M total assets
Net assets$75.3MLiabilities$0
Money in vs. money out
Total income / additions$35.8M
Total expenses$2.9M
Benefits paid / distributions$2.8M
Contributions
Employer$28.6M
ParticipantNot reported
Full reported line items

Net assets

Total assets (EOY)
$75,339,330
Total liabilities (EOY)
$0
Net assets (EOY)
$75,339,330
Net assets (BOY)
$42,426,586

Income & contributions

Employer contributions
$28,650,000
Total contributions
$28,650,000
Total income / additions
$35,765,346

Expenses & distributions

Benefits paid
$2,809,746
Administrative expenses
$42,856
Total expenses
$2,852,602
Net increase / (decrease)
$32,912,744
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Total expenses ÷ net assets4%Computed ratio
Benefits paid ÷ total income8%Computed ratio
Schedule C

Service provider compensation

Reported direct + indirect compensation per provider, ranked. Bars show relative scale.

No Schedule C service provider compensation is loaded for this plan yet.

Related Form 5500 pages