ESOP · DOL Form 5500 · 2022

Kearny Bank ESOP

Data updated 2026-08-25

$50M
Total assets Below avg plan size
472
Participants Below avg headcount
88th
Percentile by assets National rank
$106,156
Avg per participant Below avg balance/head
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Official DOL plan name: Kearny Bank Employee Stock Ownership Plan · Sponsored by Kearny Bank · New Jersey · Finance & Insurance

$50M in assets, 472 participants

Kearny Bank's Kearny Bank Employee Stock Ownership Plan reported $50M in total assets and 472 participants in its 2022 DOL Form 5500 filing, ranking in the 88th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #7,486 in Finance & Insurance (9,261 peers)

Where Kearny Bank Employee Stock Ownership Plan sits by assets

Kearny Bank Employee Stock Ownership Plan sits in the top quartile of all filed plans by assets, $50M for 472 participants (~$106,156/participant), down 24.2% in 2022.

#7,486
in Finance & Insurance (9,261 peers)
-24.2%
assets change YoY
0.5×
vs typical plan assets (national mean)

The plan reported a net loss of $14M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Kearny Bank Employee Stock Ownership Plan's outsized position by total assets

Kearny Bank Employee Stock Ownership Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$50,105,549 Top 12% higher than 88% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Kearny Bank Employee Stock Ownership Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Kearny Bank Employee Stock Ownership Plan sits mid-pack in the medium band (472 participants).

Form 5500 schedule snapshot

Filing strip 221032860 · Kearny Bank PY 2022 · ESOP

Kearny Bank Employee Stock Ownership Plan · $50M · 472 · 88th

  • RANK $50M
  • PHOTO 472
  • IND 88th
  • EOY ESOP
  • 5500 near Andres Construction Employee Stock Ownership Plan
  • ASSETS ind #7486

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with What is an ESOP? → · Plans in New Jersey →

Kearny Bank Employee Stock Ownership Plan in the asset neighbourhood

Tier 1 Performance Solutions Employee Stock Ownership PlanTier 1 Performance Solutions…$50MMorton G. Thalhimer, Inc. Employee Stock Ownership Plan and TrustMorton G. Thalhimer, Inc. Em…$50MKearny Bank Employee Stock Ownership PlanKearny Bank Employee Stock O…$50MAndres Construction Employee Stock Ownership PlanAndres Construction Employee…$50MFred Weber, Inc. Employee Stock Ownership PlanFred Weber, Inc. Employee St…$50M
End-of-year total assets ($M) among Kearny Bank Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$66M
Net Assets (End of Year)$23M
Net Income-$14M
Employer EIN221032860
Plan Effective Date2005-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Kearny Bank)

Sponsor-wide plan assets over time

All Kearny Bank plans reported in each filing year

Latest sponsor-wide plan assets
$98M 5.042486232585026% vs 2022
2024 filing year
$96M$98M$100M$102M$104M 202220232024 $103M $97.6M ▼ -5.0%
Year Plans Participants Total Assets
2022 2 1,007 $103M
2023 2 945 $102M
2024 2 937 $98M

Nearby ESOP Plans in New Jersey

Peer ESOP plans, same state, same plan type, ranked by total assets.

Kearny Bank Employee Stock Ownership Plan vs. nearby ESOP plans in New Jersey, assets vs. participants Scatter plot of 6 data points. 010002000300040005000 0200400600 Total assets ($M) Participants Kearny Bank Employee Stock Ownership Plan, Total assets ($M): 50.105549 · Participants: 472Kearny Bank Employee Stock Ownership PlanJohnson and Johnson Retirement Savings Plan, Total assets ($M): 511.419208 · Participants: 3858Johnson and Johnson Retirement Savings PlanOkonite Company Employees Stock Ownership Plan, Total assets ($M): 375.8 · Participants: 1111Okonite Company Employees Stock Ownership PlanMathematica Group Holding Inc. Employee Stock Ownership Plan, Total assets ($M): 303.370516 · Participants: 1383Mathematica Group Holding Inc. Employee Stock Ownership PlanConair LLC Savings and Investment Plan, Total assets ($M): 298.596718 · Participants: 1131Conair LLC Savings and Investment PlanInvestors Bank Amended and Restated Employee Stock Ownership Plan, Total assets ($M): 126.859258 · Participants: 1287Investors Bank Amended and Restated Employee Stock Ownership Plan
Kearny Bank Employee Stock Ownership Plan vs. nearby ESOP plans in New Jersey, assets vs. participants
Compare Kearny Bank Employee Stock Ownership Plan side-by-side with 3 peers →

Kearny Bank Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside New Jersey, the nearest ESOP by assets is Andres Construction Employee Stock Ownership Plan in TX ($50M); by covered participants it is Esa Employee Stock Ownership Plan in CA (471 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (472 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Kearny Bank Employee Stock Ownership Plan assets move in 2022? ▼
Kearny Bank Employee Stock Ownership Plan declined sharply - down 24.2% during 2022, from $66M to $50M. Reported net income was -$14M.
How have Kearny Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Kearny Bank's sponsor-wide assets declined 5.0%, from $103M to $98M.
Where does Kearny Bank Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Kearny Bank Employee Stock Ownership Plan ranks in the 88th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which ESOP plans are similar in size to Kearny Bank Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Andres Construction Employee Stock Ownership Plan in TX ($50M, 176 participants).
Which ESOP plans cover a similar participant headcount to Kearny Bank Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Esa Employee Stock Ownership Plan in CA (471 participants, $39M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 221032860.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.