ESOP · DOL Form 5500 · 2022
Kearny Bank ESOP
Data updated 2026-08-11
- $50M
- Total assets
- 472
- Participants
- 88th
- Percentile by assets
- $106,156
- Avg per participant
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.
- 88th percentile by assets (of 139,126 plans)
- #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.
- $50M
- total plan assets (2022 EOY)
- 472
- covered participants
- 88th
- percentile by assets (of 139,126 plans)
- $106,156
- avg assets per participant
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 vs the 2022 asset distribution
By assets, Kearny Bank Employee Stock Ownership Plan outranks 88% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 0.5x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2022)
| Total Assets (Beginning of Year) | $66M |
|---|---|
| Net Assets (End of Year) | $23M |
| Net Income | -$14M |
| Employer EIN | 221032860 |
| Plan Effective Date | 2005-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Kearny Bank)
| 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
- Johnson and Johnson Retirement Savings Plan $511M · 3,858
- Okonite Company Employees Stock Ownership Plan $376M · 1,111
- Mathematica Group Holding Inc. Employee Stock Ownership Plan $303M · 1,383
- Conair LLC Savings and Investment Plan $299M · 1,131
- Investors Bank Amended and Restated Employee Stock Ownership Plan $127M · 1,287
Similar-Sized ESOP Plans Nationally
ESOP plans in other states closest to Kearny Bank Employee Stock Ownership Plan by total assets, not by location.
Frequently Asked Questions
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Scale reading
Ways to act on Kearny Bank Employee Stock Ownership Plan's numbers.
- By total assets, Kearny Bank Employee Stock Ownership Plan ranks in the top quartile of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar ESOP plans in New Jersey. Compare plans
- Kearny Bank's sponsor-wide assets have declined 5.0% since 2022 across 3 plan years on file. More Finance & Insurance plans