401(k) · DOL Form 5500 · 2022

Ocean Bank 401(k) Plan

Data updated 2026-08-11

$89M
Total assets
632
Participants
92nd
Percentile by assets
$140,046
Avg per participant
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Official DOL plan name: Ocean Bank 401(k) Savings Plan · Sponsored by Ocean Bank · Florida · Finance & Insurance

$89M in assets, 632 participants

Ocean Bank's Ocean Bank 401(k) Savings Plan reported $89M in total assets and 632 participants in its 2022 DOL Form 5500 filing, ranking in the 92nd 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.

  • 92nd percentile by assets (of 139,126 plans)
  • #8,087 in Finance & Insurance (9,261 peers)

Where Ocean Bank 401(k) Savings Plan sits by assets

Ocean Bank 401(k) Savings Plan sits in the top 10% of all filed plans by assets, $89M for 632 participants (~$140,046/participant), down 9.2% in 2022.

$89M
total plan assets (2022 EOY)
632
covered participants
92nd
percentile by assets (of 139,126 plans)
$140,046
avg assets per participant

The plan reported a net loss of $9M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

State

Ocean Bank 401(k) Savings Plan vs the 2022 asset distribution

By assets, Ocean Bank 401(k) Savings Plan outranks 92% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 0.9x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$97M
Net Assets (End of Year)$89M
Net Income-$9M
Employer EIN592237280
Plan Effective Date1987-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Ocean Bank)

$80M$90M$100M$110M 202220232024 $88.5M $107M ▲ +21.3%
Total plan assets by year, all Ocean Bank plans on file
Year Plans Participants Total Assets
2022 1 632 $89M
2023 1 645 $95M
2024 1 649 $107M

Nearby 401(k) Plans in Florida

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Ocean Bank 401(k) Savings Plan vs. nearby 401(k) plans in Florida, assets vs. participants

Ocean Bank 401(k) Savings Plan vs. nearby 401(k) plans in Florida, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000 -5051015 Total assets ($B) Participants Ocean Bank 401(k) Sa…L3harris Retirement …Savings Plan for Emp…Adp Totalsource Reti…Publix Super Markets…Nextera Energy, Inc.…
Ocean Bank 401(k) Savings Plan vs. nearby 401(k) plans in Florida, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Ocean Bank 401(k) Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Ocean Bank 401(k) Savings Plan assets move in 2022?
Ocean Bank 401(k) Savings Plan pulled back noticeably - down 9.2% during 2022, from $97M to $89M. Reported net income was -$9M.
How have Ocean Bank plan assets changed over time?
Across 3 plan years on file (2022-2024), Ocean Bank's sponsor-wide assets grew 21.3%, from $89M to $107M.
Where does Ocean Bank 401(k) Savings Plan rank by assets among Form 5500 filers?
Ocean Bank 401(k) Savings Plan ranks in the 92nd percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Ocean Bank 401(k) Savings Plan?
Among 401(k) plans in other states, the closest by assets is Bowman Consulting Group, Ltd. Retirement Plan in VA ($89M, 1,031 participants).

Next read for Ocean Bank 401(k) Savings Plan

Scale reading

Ways to act on Ocean Bank 401(k) Savings Plan's numbers.