Plan5500

Retirement Plan For Oceanfirst Bank — Form 5500 plan (Oceanfirst 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, Retirement Plan For Oceanfirst Bank is a benefit plan reported by Oceanfirst Bank under EIN 21-0607451 and plan number 002. The latest loaded filing year is 2023. The filing reports 1,340 participants and $98,265,264 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Oceanfirst Bank
EIN
21-0607451
Plan number
002
Plan type
2
Location
Toms River, NJ
Latest filing year
2023
Participants
1,340
End-of-year plan assets
$98,265,264

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20231,340H, C20240701094049NAL0002696835003

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$98,265,264
Net assets (EOY)
$98,265,264
Net assets (BOY)
$89,331,203

Income & contributions

Employer contributions
$2,261,650
Participant contributions
$6,517,590
Total contributions
$9,984,690
Total income / additions
$21,847,384

Expenses & distributions

Benefits paid
$12,725,957
Administrative expenses
$155,304
Total expenses
$12,913,323
Net increase / (decrease)
$8,934,061

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Transamerica Retirement SolutionsRECORD KEEPER$117,864$02023
Mazars Usa LlpAUDITOR$37,440not reported in the loaded dataset2023
National Financial ServicesSECURITIES BROKER$0$02023

Related Form 5500 pages