401(k) · DOL Form 5500 · 2023

Oceanfirst Bank 401(k) Plan

Data updated 2026-08-25

$98M
Total assets Below avg plan size
933
Participants Near avg headcount
91st
Percentile by assets National rank
$105,322
Avg per participant Below avg balance/head
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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.

  • #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.

#7,661
in Finance & Insurance (8,869 peers)
+10.0%
assets growth YoY
1.0×
vs typical plan assets (national mean)

Retirement Plan for Oceanfirst Bank's outsized position 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 $2,050,000,000 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

Retirement Plan for Oceanfirst Bank 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. Retirement Plan for Oceanfirst Bank sits mid-pack in the medium band (933 participants).

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 →

Plan-year Form 5500 strip

Filing strip 210607451 · Oceanfirst Bank PY 2023 · 401(k)

Retirement Plan for Oceanfirst Bank · $98M · 933 · 91st

  • EBSA $98M
  • PART 933
  • TYPE 91st
  • NET 401(k)
  • BOOK near United States Bakery Profit Sharing & 401(k) Plan
  • VS-ST ind #7661

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 →

Retirement Plan for Oceanfirst Bank in the asset neighbourhood

Retirement Plan for Oceanfirst BankRetirement Plan for Oceanfir…$98MUnited States Bakery Profit Sharing & 401(k) PlanUnited States Bakery Profit …$98MSyracuse Orthopedic Specialists, P.C. Retirement Incentive Savings PlanSyracuse Orthopedic Speciali…$98MUpm Raflatac Retirement Savings PlanUpm Raflatac Retirement Savi…$98MAldrich Retirement Plan$98M
End-of-year total assets ($M) among Retirement Plan for Oceanfirst Bank and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

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)

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.

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 ($B) Participants Retirement Plan for Oceanfirst Bank, Total assets ($B): 0.098265264 · Participants: 933Retirement Plan for Oceanfirst BankJPMorgan 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
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 →

Retirement Plan for Oceanfirst Bank's out-of-state 401(k) peers by assets and headcount

Outside New Jersey, the nearest 401(k) by assets is United States Bakery Profit Sharing & 401(k) Plan in OR ($98M); by covered participants it is Mom365 Inc. 401(k) Retirement Plan in MO (933 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (933 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 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).
Which 401(k) plans cover a similar participant headcount to Retirement Plan for Oceanfirst Bank? ▼
Among 401(k) plans in other states, the closest by covered participants is Mom365 Inc. 401(k) Retirement Plan in MO (933 participants, $7M 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 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.