401(k) · DOL Form 5500 · 2023

Kearny Bank 401(k) Plan

Data updated 2026-08-25

$58M
Total assets Below avg plan size
528
Participants Below avg headcount
87th
Percentile by assets National rank
$110,328
Avg per participant Below avg balance/head
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Official DOL plan name: Kearny Bank Employees' Savings Plan · Sponsored by Kearny Bank · New Jersey · Finance & Insurance

$58M in assets, 528 participants

Kearny Bank's Kearny Bank Employees' Savings Plan reported $58M in total assets and 528 participants in its 2023 DOL Form 5500 filing, ranking in the 87th 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.

  • #7,098 in Finance & Insurance (8,869 peers)

Where Kearny Bank Employees' Savings Plan sits by assets

Kearny Bank Employees' Savings Plan sits in the top quartile of all filed plans by assets, $58M for 528 participants (~$110,328/participant), up 10.7% in 2023.

#7,098
in Finance & Insurance (8,869 peers)
+10.7%
assets growth YoY
0.6×
vs typical plan assets (national mean)

Kearny Bank Employees' Savings Plan's outsized position by total assets

Kearny Bank Employees' Savings Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$58,253,447 Top 13% higher than 87% of 127,068 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 2023

Kearny Bank Employees' Savings Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Kearny Bank Employees' Savings Plan sits mid-pack in the medium band (528 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Kearny Bank Employees' Savings Plan reported net income rose from -$10M in the plan year 2022 filing to $6M in the plan year 2023 filing.
  • Kearny Bank Employees' Savings Plan end-of-year assets rose from $53M in the plan year 2022 filing to $58M in the plan year 2023 filing.
  • Kearny Bank Employees' Savings Plan reported participants fell from 535 in the plan year 2022 filing to 528 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 221032860 · Kearny Bank PY 2023 · 401(k)

Kearny Bank Employees' Savings Plan · $58M · 528 · 87th

  • VS-ST $58M
  • VS-ST 528
  • VS-ST 87th
  • VS-ST 401(k)
  • VS-ST near Ags Payroll Services LLC 401(k) Plan
  • VS-ST ind #7098

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 →

Kearny Bank Employees' Savings Plan in the asset neighbourhood

Gi Associates, LLC 401(k) Profit Sharing Plan and Trust 006 GisGi Associates, LLC 401(k) Pr…$58MRestaurant Technologies, Inc. & Subsidiaries 401(k) PlanRestaurant Technologies, Inc…$58MKearny Bank Employees' Savings PlanKearny Bank Employees' Savin…$58MAgs Payroll Services LLC 401(k) PlanAgs Payroll Services LLC 401…$58MSchluter Systems L.P. 401(k) Profit Sharing PlanSchluter Systems L.P. 401(k)…$58M
End-of-year total assets ($M) among Kearny Bank Employees' Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$53M
Net Assets (End of Year)$58M
Net Income$6M
Employer EIN221032860
Plan Effective Date2004-11-01
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 401(k) Plans in New Jersey

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

Kearny Bank Employees' Savings Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -1001020304050 Total assets ($B) Participants Kearny Bank Employees' Savings Plan, Total assets ($B): 0.058253447 · Participants: 528Kearny Bank Employees' Savings PlanJPMorgan Chase 401(k) Savings Plan, Total assets ($B): 44.552237022 · Participants: 176610JPMorgan Chase 401(k) Savings PlanVerizon Savings Plan for Management Employees, Total assets ($B): 27.825640157 · Participants: 78072Verizon Savings Plan for Management EmployeesJohnson and Johnson Savings Plan, Total assets ($B): 22.177853595 · Participants: 41291Johnson and Johnson Savings PlanErnst & Young Retirement Savings Plan, Total assets ($B): 15.543526764 · Participants: 59346Ernst & Young Retirement Savings PlanMerck US Savings Plan, Total assets ($B): 13.424416176 · Participants: 26850Merck US Savings Plan
Kearny Bank Employees' Savings Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants
Compare Kearny Bank Employees' Savings Plan side-by-side with 3 peers →

Kearny Bank Employees' Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside New Jersey, the nearest 401(k) by assets is Ags Payroll Services LLC 401(k) Plan in NY ($58M); by covered participants it is Citadel Retirement Plan in PA (528 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (528 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Kearny Bank Employees' Savings Plan assets move in 2023? ▼
Kearny Bank Employees' Savings Plan grew at a solid clip - up 10.7% during 2023, from $53M to $58M. Reported net income was $6M.
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 Employees' Savings Plan rank by assets among Form 5500 filers? ▼
Kearny Bank Employees' Savings Plan ranks in the 87th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Kearny Bank Employees' Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Ags Payroll Services LLC 401(k) Plan in NY ($58M, 11,998 participants).
Which 401(k) plans cover a similar participant headcount to Kearny Bank Employees' Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Citadel Retirement Plan in PA (528 participants, $76M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

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.