401(k) · DOL Form 5500 · 2024

Kearny Bank 401(k) Plan

Data updated 2026-08-11

$63M
Total assets
522
Participants
87th
Percentile by assets
$120,246
Avg per participant
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Official DOL plan name: Kearny Bank Employees' Savings Plan · Sponsored by Kearny Bank · New Jersey · Finance & Insurance

$63M in assets, 522 participants

Kearny Bank's Kearny Bank Employees' Savings Plan reported $63M in total assets and 522 participants in its 2024 DOL Form 5500 filing, ranking in the 87th 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.

  • 87th percentile by assets (of 123,622 plans)
  • #6,769 in Finance & Insurance (8,549 peers)

Where Kearny Bank Employees' Savings Plan sits by assets

Kearny Bank Employees' Savings Plan sits in the top quartile of all filed plans by assets, $63M for 522 participants (~$120,246/participant), up 7.8% in 2024.

$63M
total plan assets (2024 EOY)
522
covered participants
87th
percentile by assets (of 123,622 plans)
$120,246
avg assets per participant

Where Kearny Bank Employees' Savings Plan sits by total assets

Kearny Bank Employees' Savings Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$62,768,437 Top 13% higher than 87% of 123,620 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 2024

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Kearny Bank Employees' Savings Plan reported net income fell from $6M in the plan year 2023 filing to $4M in the plan year 2024 filing.
  • Kearny Bank Employees' Savings Plan end-of-year assets rose from $58M in the plan year 2023 filing to $63M in the plan year 2024 filing.
  • Kearny Bank Employees' Savings Plan reported participants fell from 528 in the plan year 2023 filing to 522 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Kearny Bank Employees' Savings Plan vs the 2024 asset distribution

By assets, Kearny Bank Employees' Savings Plan outranks 87% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 0.6x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$58M
Net Assets (End of Year)$63M
Net Income$4M
Employer EIN221032860
Plan Effective Date2004-11-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Kearny Bank)

$96M$98M$100M$102M$104M 202220232024 $103M $97.6M ▼ -5.0%
Total plan assets by year, all Kearny Bank plans on file
Year Plans Participants Total Assets
2022 2 1,007 $103M
2023 2 945 $102M
2024 2 937 $98M

Nearby 401(k) Plans in New Jersey

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

Kearny Bank Employees' Savings Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -200204060 Total assets ($B) Participants Kearny Bank Employee…, Total assets ($B): 0.062768437 · Participants: 522Kearny Bank Employee…JPMorgan Chase 401(k…, Total assets ($B): 52.9134575 · Participants: 185532JPMorgan Chase 401(k…Verizon Savings Plan…, Total assets ($B): 29.376133902 · Participants: 69218Verizon Savings Plan…Johnson and Johnson …, Total assets ($B): 23.58476515 · Participants: 42583Johnson and Johnson …Ernst & Young Retire…, Total assets ($B): 18.327167732 · Participants: 56714Ernst & Young Retire…Merck US Savings Plan, Total assets ($B): 14.970916966 · Participants: 27956Merck US Savings Plan
Kearny Bank Employees' Savings Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Kearny Bank Employees' Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Kearny Bank Employees' Savings Plan assets move in 2024?
Kearny Bank Employees' Savings Plan grew at a solid clip - up 7.8% during 2024, from $58M to $63M. Reported net income was $4M.
How have Kearny Bank plan assets changed over time?
Across 3 plan years on file (2022-2024), Kearny Bank's sponsor-wide assets declined 5.0%, from $103M to $98M.
Where does Kearny Bank Employees' Savings Plan rank by assets among Form 5500 filers?
Kearny Bank Employees' Savings Plan ranks in the 87th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Kearny Bank Employees' Savings Plan?
Among 401(k) plans in other states, the closest by assets is Healthcare Associations of California 401(k) Plan in CA ($63M, 170 participants).

Next read for Kearny Bank Employees' Savings Plan

Scale reading

Ways to act on Kearny Bank Employees' Savings Plan's numbers.