401(k) · DOL Form 5500 · 2022

Oceanfirst Bank 401(k) Plan

Data updated 2026-08-25

$36M
Total assets Below avg plan size
799
Participants Near avg headcount
85th
Percentile by assets National rank
$44,755
Avg per participant Low balance/head
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Official DOL plan name: Oceanfirst Bank Employee Stock Ownership Plan · Sponsored by Oceanfirst Bank · New Jersey · Finance & Insurance

$36M in assets, 799 participants

Oceanfirst Bank's Oceanfirst Bank Employee Stock Ownership Plan reported $36M in total assets and 799 participants in its 2022 DOL Form 5500 filing, ranking in the 85th 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.

  • #6,997 in Finance & Insurance (9,261 peers)

Where Oceanfirst Bank Employee Stock Ownership Plan sits by assets

Oceanfirst Bank Employee Stock Ownership Plan sits in the top quartile of all filed plans by assets, $36M for 799 participants (~$44,755/participant), down 6.7% in 2022.

#6,997
in Finance & Insurance (9,261 peers)
-6.7%
assets change YoY
0.4×
vs typical plan assets (national mean)

The plan reported a net loss of $76K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

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

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

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

$35,759,595 Top 15% higher than 85% 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

Oceanfirst 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. Oceanfirst Bank Employee Stock Ownership Plan sits mid-pack in the medium band (799 participants).

DOL schedule card

Filing strip 210607451 · Oceanfirst Bank PY 2022 · 401(k)

Oceanfirst Bank Employee Stock Ownership Plan · $36M · 799 · 85th

  • ASSETS $36M
  • ASSETS 799
  • ASSETS 85th
  • ASSETS 401(k)
  • ASSETS near Volm Companies 401(k) Plan
  • ASSETS ind #6997

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 Finance & Insurance retirement plans → · Plans in New Jersey →

Oceanfirst Bank Employee Stock Ownership Plan in the asset neighbourhood

Mpw Industrial Services Savings PlanMpw Industrial Services Savi…$36MConsumer Cellular Inc 401(k) Profit Sharing Plan & TrustConsumer Cellular Inc 401(k)…$36MOceanfirst Bank Employee Stock Ownership PlanOceanfirst Bank Employee Sto…$36MVolm Companies 401(k) Plan$36MFit Electronics, Inc. 401(k) PlanFit Electronics, Inc. 401(k)…$36M
End-of-year total assets ($M) among Oceanfirst Bank Employee Stock Ownership Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$38M
Net Assets (End of Year)$29M
Net Income-$76K
Employer EIN210607451
Plan Effective Date2006-12-27
Filing StatusFILING RECEIVED

Sponsor Plan History (Oceanfirst Bank)

Sponsor-wide plan assets over time

All Oceanfirst Bank plans reported in each filing year

Latest sponsor-wide plan assets
$137M 9.388577087820641% vs 2022
2024 filing year
$120M$125M$130M$135M$140M 202220232024 $125M $137M ▲ +9.4%
Year Plans Participants Total Assets
2022 2 1,689 $125M
2023 2 1,748 $127M
2024 2 1,716 $137M

Nearby 401(k) Plans in New Jersey

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

Oceanfirst Bank Employee Stock Ownership Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -10010203040 Total assets ($B) Participants Oceanfirst Bank Employee Stock Ownership Plan, Total assets ($B): 0.035759595 · Participants: 799Oceanfirst Bank Employee Stock Ownership PlanJPMorgan Chase 401(k) Savings Plan, Total assets ($B): 36.787229834 · Participants: 168280JPMorgan Chase 401(k) Savings PlanVerizon Savings Plan for Management Employees, Total assets ($B): 25.16607858 · Participants: 76788Verizon Savings Plan for Management EmployeesJohnson and Johnson Savings Plan, Total assets ($B): 21.189900271 · Participants: 43271Johnson and Johnson Savings PlanPfizer Savings Plan, Total assets ($B): 17.828820505 · Participants: 27796Pfizer Savings PlanErnst & Young Retirement Savings Plan, Total assets ($B): 12.40459021 · Participants: 52975Ernst & Young Retirement Savings Plan
Oceanfirst Bank Employee Stock Ownership Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants
Compare Oceanfirst Bank Employee Stock Ownership Plan side-by-side with 3 peers →

Oceanfirst Bank Employee Stock Ownership Plan's out-of-state 401(k) peers by assets and headcount

Outside New Jersey, the nearest 401(k) by assets is Volm Companies 401(k) Plan in WI ($36M); by covered participants it is O'brien Auto Group 401(k) Plan in WA (799 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($36M here).

Similar participant headcount

Nearest other-state filings by covered participants (799 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 Oceanfirst Bank Employee Stock Ownership Plan assets move in 2022? ▼
Oceanfirst Bank Employee Stock Ownership Plan pulled back noticeably - down 6.7% during 2022, from $38M to $36M. Reported net income was -$76K.
How have Oceanfirst Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Oceanfirst Bank's sponsor-wide assets grew 9.4%, from $125M to $137M.
Where does Oceanfirst Bank Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Oceanfirst Bank Employee Stock Ownership Plan ranks in the 85th 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 401(k) plans are similar in size to Oceanfirst Bank Employee Stock Ownership Plan? ▼
Among 401(k) plans in other states, the closest by assets is Volm Companies 401(k) Plan in WI ($36M, 419 participants).
Which 401(k) plans cover a similar participant headcount to Oceanfirst Bank Employee Stock Ownership Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is O'brien Auto Group 401(k) Plan in WA (799 participants, $42M 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 210607451.

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.