401(k) · DOL Form 5500 · 2023

Northfield Bank 401(k) Plan

Data updated 2026-08-25

$33M
Total assets Below avg plan size
387
Participants Below avg headcount
80th
Percentile by assets National rank
$85,119
Avg per participant Below avg balance/head
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Official DOL plan name: Northfield Bank Employee Savings Plan · Sponsored by Northfield Bank · New Jersey · Finance & Insurance

$33M in assets, 387 participants

Northfield Bank's Northfield Bank Employee Savings Plan reported $33M in total assets and 387 participants in its 2023 DOL Form 5500 filing, ranking in the 80th 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.

  • #6,228 in Finance & Insurance (8,869 peers)

Coverage in New Jersey

Northfield Bank Employee Savings Plan covers 387 participants in New Jersey, about 46% of the average New Jersey filer (state average ~844 per filing). Assets: $33M.

#6,228
in Finance & Insurance (8,869 peers)
+17.7%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Northfield Bank Employee Savings Plan's outsized position by total assets

Northfield Bank Employee Savings Plan vs every filed plan by assets

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

$32,940,897 Top 20% higher than 80% 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

Northfield Bank Employee 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. Northfield Bank Employee Savings Plan sits mid-pack in the medium band (387 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Northfield Bank Employee Savings Plan reported net income rose from -$2M in the plan year 2022 filing to $5M in the plan year 2023 filing.
  • Northfield Bank Employee Savings Plan end-of-year assets rose from $28M in the plan year 2022 filing to $33M in the plan year 2023 filing.
  • Northfield Bank Employee Savings Plan reported participants rose from 369 in the plan year 2022 filing to 387 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 135578494 · Northfield Bank PY 2023 · 401(k)

Northfield Bank Employee Savings Plan · $33M · 387 · 80th

  • IND $33M
  • EOY 387
  • 5500 80th
  • ASSETS 401(k)
  • PCT near Laird Connectivity, Inc. 401(k) Plan
  • EIN ind #6228

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 →

Northfield Bank Employee Savings Plan in the asset neighbourhood

Northfield Bank Employee Savings PlanNorthfield Bank Employee Sav…$33MLaird Connectivity, Inc. 401(k) PlanLaird Connectivity, Inc. 401…$33MTwin Cities Spine Center 401(k) Profit Sharing Plan and TrustTwin Cities Spine Center 401…$33MClover Health 401(k)$33MAja Video Systems, Inc. 401(k) PlanAja Video Systems, Inc. 401(…$33M
End-of-year total assets ($M) among Northfield Bank Employee Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

New Jersey filing particulars

Total Assets (Beginning of Year)$28M
Net Assets (End of Year)$33M
Net Income$5M
Employer EIN135578494
Plan Effective Date1980-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Northfield Bank)

Sponsor-wide plan assets over time

All Northfield Bank plans reported in each filing year

Latest sponsor-wide plan assets
$74M 8.11703952710699% vs 2022
2024 filing year
$72M$74M$76M$78M$80M$82M 202220232024 $80.1M $73.6M ▼ -8.1%
Year Plans Participants Total Assets
2022 2 665 $80M
2023 2 694 $74M
2024 2 712 $74M

Nearby 401(k) Plans in New Jersey

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

Northfield Bank Employee Savings Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -1001020304050 Total assets ($B) Participants Northfield Bank Employee Savings Plan, Total assets ($B): 0.032940897 · Participants: 387Northfield Bank Employee 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
Northfield Bank Employee Savings Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants
Compare Northfield Bank Employee Savings Plan side-by-side with 3 peers →

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

Outside New Jersey, the nearest 401(k) by assets is Laird Connectivity, Inc. 401(k) Plan in OH ($33M); by covered participants it is Lb&b Associates Inc. 401(k) Plan in MD (387 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($33M here).

Similar participant headcount

Nearest other-state filings by covered participants (387 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 Northfield Bank Employee Savings Plan assets move in 2023? ▼
Northfield Bank Employee Savings Plan grew sharply - up 17.7% during 2023, from $28M to $33M. Reported net income was $5M.
How have Northfield Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Northfield Bank's sponsor-wide assets declined 8.1%, from $80M to $74M.
Where does Northfield Bank Employee Savings Plan rank by assets among Form 5500 filers? ▼
Northfield Bank Employee Savings Plan ranks in the 80th 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 Northfield Bank Employee Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Laird Connectivity, Inc. 401(k) Plan in OH ($33M, 117 participants).
Which 401(k) plans cover a similar participant headcount to Northfield Bank Employee Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Lb&b Associates Inc. 401(k) Plan in MD (387 participants, $22M 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 135578494.

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.