401(k) · DOL Form 5500 · 2023

Oceanfirst Bank 401(k) Plan

Data updated 2026-08-11

$98M
Total assets
933
Participants
91st
Percentile by assets
$105,322
Avg per participant
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Official DOL plan name: Retirement Plan for Oceanfirst Bank · Sponsored by Oceanfirst Bank · New Jersey · Finance & Insurance

$98M in assets, 933 participants

Oceanfirst Bank's Retirement Plan for Oceanfirst Bank reported $98M in total assets and 933 participants in its 2023 DOL Form 5500 filing, ranking in the 91st 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.

  • 91st percentile by assets (of 127,072 plans)
  • #7,661 in Finance & Insurance (8,869 peers)

Where Retirement Plan for Oceanfirst Bank sits by assets

Retirement Plan for Oceanfirst Bank sits in the top 10% of all filed plans by assets, $98M for 933 participants (~$105,322/participant), up 10.0% in 2023.

$98M
total plan assets (2023 EOY)
933
covered participants
91st
percentile by assets (of 127,072 plans)
$105,322
avg assets per participant

Where Retirement Plan for Oceanfirst Bank sits by total assets

Retirement Plan for Oceanfirst Bank vs every filed plan by assets

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

$98,265,264 Top 9% higher than 91% of 127,068 filed plans

This plan $0 $2,010,000,000 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

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Retirement Plan for Oceanfirst Bank reported net income rose from -$16M in the plan year 2022 filing to $9M in the plan year 2023 filing.
  • Retirement Plan for Oceanfirst Bank end-of-year assets rose from $89M in the plan year 2022 filing to $98M in the plan year 2023 filing.
  • Retirement Plan for Oceanfirst Bank reported participants rose from 890 in the plan year 2022 filing to 933 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
New Jersey
Industry
Finance & Insurance

Retirement Plan for Oceanfirst Bank vs the 2023 asset distribution

By assets, Retirement Plan for Oceanfirst Bank outranks 91% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 1.0x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$89M
Net Assets (End of Year)$98M
Net Income$9M
Employer EIN210607451
Plan Effective Date1988-09-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Oceanfirst Bank)

$120M$125M$130M$135M$140M 202220232024 $125M $137M ▲ +9.4%
Total plan assets by year, all Oceanfirst Bank plans on file
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.

Retirement Plan for Oceanfirst Bank vs. nearby 401(k) plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -1001020304050 Total assets ($B) Participants Retirement Plan for …, Total assets ($B): 0.098265264 · Participants: 933Retirement Plan for …JPMorgan Chase 401(k…, Total assets ($B): 44.552237022 · Participants: 176610JPMorgan Chase 401(k…Verizon Savings Plan…, Total assets ($B): 27.825640157 · Participants: 78072Verizon Savings Plan…Johnson and Johnson …, Total assets ($B): 22.177853595 · Participants: 41291Johnson and Johnson …Ernst & Young Retire…, Total assets ($B): 15.543526764 · Participants: 59346Ernst & Young Retire…Merck US Savings Plan, Total assets ($B): 13.424416176 · Participants: 26850Merck US Savings Plan
Retirement Plan for Oceanfirst Bank vs. nearby 401(k) plans in New Jersey, assets vs. participants
Compare Retirement Plan for Oceanfirst Bank side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Retirement Plan for Oceanfirst Bank by total assets, not by location.

Frequently Asked Questions

How did Retirement Plan for Oceanfirst Bank assets move in 2023? ▼
Retirement Plan for Oceanfirst Bank grew at a solid clip - up 10.0% during 2023, from $89M to $98M. Reported net income was $9M.
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 Retirement Plan for Oceanfirst Bank rank by assets among Form 5500 filers? ▼
Retirement Plan for Oceanfirst Bank ranks in the 91st percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Retirement Plan for Oceanfirst Bank? ▼
Among 401(k) plans in other states, the closest by assets is United States Bakery Profit Sharing & 401(k) Plan in OR ($98M, 994 participants).

Next read for Retirement Plan for Oceanfirst Bank

Scale reading

Ways to act on Retirement Plan for Oceanfirst Bank's numbers.

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 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.