401(k) · DOL Form 5500 · 2023

Ocean Bank 401(k) Plan

Data updated 2026-08-25

$95M
Total assets Below avg plan size
645
Participants Below avg headcount
91st
Percentile by assets National rank
$147,857
Avg per participant Above avg balance/head
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Official DOL plan name: Ocean Bank 401(k) Savings Plan · Sponsored by Ocean Bank · Florida · Finance & Insurance

$95M in assets, 645 participants

Ocean Bank's Ocean Bank 401(k) Savings Plan reported $95M in total assets and 645 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.

  • #7,629 in Finance & Insurance (8,869 peers)

Where Ocean Bank 401(k) Savings Plan sits by assets

Ocean Bank 401(k) Savings Plan sits in the top 10% of all filed plans by assets, $95M for 645 participants (~$147,857/participant), up 7.7% in 2023.

#7,629
in Finance & Insurance (8,869 peers)
+7.7%
assets growth YoY
1.0×
vs typical plan assets (national mean)

Ocean Bank 401(k) Savings Plan's outsized position by total assets

Ocean Bank 401(k) Savings Plan vs every filed plan by assets

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

$95,367,562 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

Ocean Bank 401(k) 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. Ocean Bank 401(k) Savings Plan sits mid-pack in the medium band (645 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Ocean Bank 401(k) Savings Plan reported net income rose from -$9M in the plan year 2022 filing to $7M in the plan year 2023 filing.
  • Ocean Bank 401(k) Savings Plan end-of-year assets rose from $89M in the plan year 2022 filing to $95M in the plan year 2023 filing.
  • Ocean Bank 401(k) Savings Plan reported participants rose from 632 in the plan year 2022 filing to 645 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 592237280 · Ocean Bank PY 2023 · 401(k)

Ocean Bank 401(k) Savings Plan · $95M · 645 · 91st

  • RANK $95M
  • RANK 645
  • RANK 91st
  • RANK 401(k)
  • RANK near Keystone-Bartonville 401(k) Retirement Plan
  • RANK ind #7629

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 Florida →

Ocean Bank 401(k) Savings Plan in the asset neighbourhood

Van Meter Inc. 401(k) Plan$95MGreen Diamond Savings Plan$95MCoalfire Systems, Inc. 401(k) PlanCoalfire Systems, Inc. 401(k…$95MKeystone-Bartonville 401(k) Retirement PlanKeystone-Bartonville 401(k) …$95MOcean Bank 401(k) Savings PlanOcean Bank 401(k) Savings Pl…$95M
End-of-year total assets ($M) among Ocean Bank 401(k) 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)$89M
Net Assets (End of Year)$95M
Net Income$7M
Employer EIN592237280
Plan Effective Date1987-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Ocean Bank)

Sponsor-wide plan assets over time

All Ocean Bank plans reported in each filing year

Latest sponsor-wide plan assets
$107M 21.304179608975858% vs 2022
2024 filing year
$80M$90M$100M$110M 202220232024 $88.5M $107M ▲ +21.3%
Year Plans Participants Total Assets
2022 1 632 $89M
2023 1 645 $95M
2024 1 649 $107M

Nearby 401(k) Plans in Florida

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

Ocean Bank 401(k) Savings Plan vs. nearby 401(k) plans in Florida, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000 -505101520 Total assets ($B) Participants Ocean Bank 401(k) Savings Plan, Total assets ($B): 0.095367562 · Participants: 645Ocean Bank 401(k) Savings PlanL3harris Retirement Savings Plan, Total assets ($B): 15.384363901 · Participants: 40665L3harris Retirement Savings PlanSavings Plan for Employees and Partners of Pwc, Total assets ($B): 11.333196569 · Participants: 50817Savings Plan for Employees and Partners of PwcAdp Totalsource Retirement Savings Plan, Total assets ($B): 8.025816173 · Participants: 308867Adp Totalsource Retirement Savings PlanTrinet 401(k) Plan, Total assets ($B): 7.029692551 · Participants: 157945Trinet 401(k) PlanPublix Super Markets, Inc. 401(k) Smart Plan, Total assets ($B): 6.572590596 · Participants: 184674Publix Super Markets, Inc. 401(k) Smart Plan
Ocean Bank 401(k) Savings Plan vs. nearby 401(k) plans in Florida, assets vs. participants
Compare Ocean Bank 401(k) Savings Plan side-by-side with 3 peers →

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

Outside Florida, the nearest 401(k) by assets is Keystone-Bartonville 401(k) Retirement Plan in IL ($95M); by covered participants it is Compugroup Medical Systems 401(k) Plan in TX (645 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($95M here).

Similar participant headcount

Nearest other-state filings by covered participants (645 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 Ocean Bank 401(k) Savings Plan assets move in 2023? ▼
Ocean Bank 401(k) Savings Plan grew at a solid clip - up 7.7% during 2023, from $89M to $95M. Reported net income was $7M.
How have Ocean Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Ocean Bank's sponsor-wide assets grew 21.3%, from $89M to $107M.
Where does Ocean Bank 401(k) Savings Plan rank by assets among Form 5500 filers? ▼
Ocean Bank 401(k) Savings Plan 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 Ocean Bank 401(k) Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Keystone-Bartonville 401(k) Retirement Plan in IL ($95M, 603 participants).
Which 401(k) plans cover a similar participant headcount to Ocean Bank 401(k) Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Compugroup Medical Systems 401(k) Plan in TX (645 participants, $40M 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 592237280.

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.