ESOP · DOL Form 5500 · 2022
Northfield Bank ESOP
Data updated 2026-08-11
- $52M
- Total assets
- 296
- Participants
- 88th
- Percentile by assets
- $176,082
- Avg per participant
Official DOL plan name: Northfield Bank Employee Stock Ownership Plan · Sponsored by Northfield Bank · New Jersey · Finance & Insurance
$52M in assets, 296 participants
Northfield Bank's Northfield Bank Employee Stock Ownership Plan reported $52M in total assets and 296 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)
- #7,520 in Finance & Insurance (9,261 peers)
Coverage in New Jersey
Northfield Bank Employee Stock Ownership Plan covers 296 participants in New Jersey, about 35% of the average New Jersey filer (state average ~844 per filing). Assets: $52M.
- $52M
- total plan assets (2022 EOY)
- 296
- covered participants
- 88th
- percentile by assets (of 139,126 plans)
- $176,082
- avg assets per participant
The plan reported a net loss of $1M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Where Northfield Bank Employee Stock Ownership Plan sits by total assets
Northfield Bank Employee Stock Ownership Plan vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$52,120,213 Top 12% higher than 88% of 139,123 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022
Participants vs New Jersey filers
In New Jersey, the average filing covers about 844 participants across 4,145 plans. Northfield Bank Employee Stock Ownership Plan reports 296 participants - about 35% of that state average ($52M EOY assets).
New Jersey filing particulars
| Total Assets (Beginning of Year) | $55M |
|---|---|
| Net Assets (End of Year) | $34M |
| Net Income | -$1M |
| Employer EIN | 135578494 |
| Plan Effective Date | 2007-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Northfield Bank)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 665 | $80M |
| 2023 | 2 | 694 | $74M |
| 2024 | 2 | 712 | $74M |
Nearby ESOP Plans in New Jersey
Peer ESOP plans, same state, same plan type, ranked by total assets.
Northfield 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 Northfield Bank Employee Stock Ownership Plan by total assets, not by location.
Frequently Asked Questions
How did Northfield Bank Employee Stock Ownership Plan assets move in 2022? ▼
How have Northfield Bank plan assets changed over time? ▼
Where does Northfield Bank Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Which ESOP plans are similar in size to Northfield Bank Employee Stock Ownership Plan? ▼
Next read for Northfield Bank Employee Stock Ownership…
Filing takeaways
Ways to act on Northfield Bank Employee Stock Ownership Plan's numbers.
- By total assets, Northfield 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
- Northfield Bank's sponsor-wide assets have declined 8.1% since 2022 across 3 plan years on file. More Finance & Insurance plans