Northfield Bank Employee Savings Plan — Form 5500 plan (Northfield 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, Northfield Bank Employee Savings Plan is a benefit plan reported by Northfield Bank under EIN 13-5578494 and plan number 002. The latest loaded filing year is 2023. The filing reports 498 participants and $32,940,897 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Northfield Bank
- EIN
- 13-5578494
- Plan number
- 002
- Plan type
- 2
- Location
- Woodbridge, NJ
- Latest filing year
- 2023
- Participants
- 498
- End-of-year plan assets
- $32,940,897
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 498 | H, C | 20240813112849NAL0010368401001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $32,940,897
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $32,940,897
- Net assets (BOY)
- $27,992,961
Income & contributions
- Employer contributions
- $633,149
- Participant contributions
- $2,415,209
- Total contributions
- $3,415,561
- Total income / additions
- $6,395,138
Expenses & distributions
- Benefits paid
- $1,437,825
- Administrative expenses
- $68,601
- Total expenses
- $1,506,426
- Net increase / (decrease)
- $4,888,712
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $68,101 | $0 | 2023 |
| Morningstar Investment Management L | INV ADV, PARTICIPANTS | $0 | $0 | 2023 |