Kearny Bank Employee Stock Ownership 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 Employee Stock Ownership Plan is a benefit plan reported by Kearny Bank under EIN 22-1032860 and plan number 004. The latest loaded filing year is 2023. The filing reports 588 participants and $44,214,770 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Kearny Bank
- EIN
- 22-1032860
- Plan number
- 004
- Plan type
- 2
- Location
- Fairfield, NJ
- Latest filing year
- 2023
- Participants
- 588
- End-of-year plan assets
- $44,214,770
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 588 | H | 20240626092201NAL0005618371001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $44,214,770
- Total liabilities (EOY)
- $25,457,196
- Net assets (EOY)
- $18,757,574
- Net assets (BOY)
- $22,802,149
Income & contributions
- Employer contributions
- $1,629,244
- Total contributions
- $1,629,244
- Total income / additions
- -$2,075,877
Expenses & distributions
- Benefits paid
- $920,390
- Administrative expenses
- $0
- Total expenses
- $1,785,191
- Net increase / (decrease)
- -$3,861,068
Service provider compensation (Schedule C)
No Schedule C service provider compensation is loaded for this plan yet.