ESOP · DOL Form 5500 · 2023

Columbia Bank ESOP

Data updated 2026-08-11

$86M
Total assets
729
Participants
90th
Percentile by assets
$117,381
Avg per participant
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Official DOL plan name: Columbia Bank Employee Stock Ownership Plan · Sponsored by Columbia Bank · New Jersey · Finance & Insurance

$86M in assets, 729 participants

Columbia Bank's Columbia Bank Employee Stock Ownership Plan reported $86M in total assets and 729 participants in its 2023 DOL Form 5500 filing, ranking in the 90th 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.

  • 90th percentile by assets (of 127,072 plans)
  • #7,537 in Finance & Insurance (8,869 peers)

Where Columbia Bank Employee Stock Ownership Plan sits by assets

Columbia Bank Employee Stock Ownership Plan sits in the top 10% of all filed plans by assets, $86M for 729 participants (~$117,381/participant), down 11.7% in 2023.

$86M
total plan assets (2023 EOY)
729
covered participants
90th
percentile by assets (of 127,072 plans)
$117,381
avg assets per participant

The plan reported a net loss of $10M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Columbia Bank Employee Stock Ownership Plan reported net income fell from $5M in the plan year 2022 filing to -$10M in the plan year 2023 filing.
  • Columbia Bank Employee Stock Ownership Plan reported participants rose from 609 in the plan year 2022 filing to 729 in the plan year 2023 filing.
  • Columbia Bank Employee Stock Ownership Plan end-of-year assets fell from $97M in the plan year 2022 filing to $86M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Columbia Bank Employee Stock Ownership Plan vs the 2023 asset distribution

By assets, Columbia Bank Employee Stock Ownership Plan outranks 90% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 0.9x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$97M
Net Assets (End of Year)$49M
Net Income-$10M
Employer EIN220900560
Plan Effective Date2018-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Columbia Bank)

$620M$640M$660M$680M$700M$720M 202220232024 $645M $710M ▲ +10.1%
Total plan assets by year, all Columbia Bank plans on file
Year Plans Participants Total Assets
2022 3 1,605 $645M
2023 3 1,811 $681M
2024 3 1,737 $710M

Nearby ESOP Plans in New Jersey

Peer ESOP plans, same state, same plan type, ranked by total assets.

Columbia Bank Employee Stock Ownership Plan vs. nearby ESOP plans in New Jersey, assets vs. participants

Columbia Bank Employee Stock Ownership Plan vs. nearby ESOP plans in New Jersey, assets vs. participants Scatter plot of 6 data points. 0100020003000 0100200300400500 Total assets ($M) Participants Columbia Bank Employ…Okonite Company Empl…Mathematica Group Ho…Conair LLC Savings a…Amboy Bancorporation…Employees' Stock Own…
Columbia Bank Employee Stock Ownership Plan vs. nearby ESOP plans in New Jersey, assets vs. participants

Similar-Sized ESOP Plans Nationally

ESOP plans in other states closest to Columbia Bank Employee Stock Ownership Plan by total assets, not by location.

Frequently Asked Questions

How did Columbia Bank Employee Stock Ownership Plan assets move in 2023?
Columbia Bank Employee Stock Ownership Plan pulled back noticeably - down 11.7% during 2023, from $97M to $86M. Reported net income was -$10M.
How have Columbia Bank plan assets changed over time?
Across 3 plan years on file (2022-2024), Columbia Bank's sponsor-wide assets grew 10.1%, from $645M to $710M.
Where does Columbia Bank Employee Stock Ownership Plan rank by assets among Form 5500 filers?
Columbia Bank Employee Stock Ownership Plan ranks in the 90th 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 ESOP plans are similar in size to Columbia Bank Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by assets is Southwestern Financial Corporation Employee Stock Ownership Plan in AZ ($86M, 157 participants).

Next read for Columbia Bank Employee Stock Ownership P…

Scale reading

Ways to act on Columbia Bank Employee Stock Ownership Plan's numbers.