Kearny Bank Employees' Savings Plan — Form 5500 plan (Kearny 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, Kearny Bank Employees' Savings Plan is a benefit plan reported by Kearny Bank under EIN 22-1032860 and plan number 003. The latest loaded filing year is 2023. The filing reports 767 participants and $58,253,447 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Kearny Bank
- EIN
- 22-1032860
- Plan number
- 003
- Plan type
- 2
- Location
- Fairfield, NJ
- Latest filing year
- 2023
- Participants
- 767
- End-of-year plan assets
- $58,253,447
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 767 | H, C | 20240626090758NAL0017935906001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $58,253,447
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $58,253,447
- Net assets (BOY)
- $52,522,536
Income & contributions
- Employer contributions
- $1,405,618
- Participant contributions
- $3,294,573
- Total contributions
- $4,786,262
- Total income / additions
- $11,880,468
Expenses & distributions
- Benefits paid
- $6,130,150
- Administrative expenses
- $202,914
- Total expenses
- $6,333,064
- Net increase / (decrease)
- $5,547,404
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Pentegra Services, Inc. | RECORDKEEPER | $202,963 | not reported in the loaded dataset | 2023 |