401(k) · DOL Form 5500 · 2024

Ocean Bank 401(k) Plan

Data updated 2026-08-25

$107M
Total assets Near avg plan size
649
Participants Below avg headcount
91st
Percentile by assets National rank
$165,431
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

$107M in assets, 649 participants

Ocean Bank's Ocean Bank 401(k) Savings Plan reported $107M in total assets and 649 participants in its 2024 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.

  • #7,331 in Finance & Insurance (8,549 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, $107M for 649 participants (~$165,431/participant), up 12.6% in 2024.

#7,331
in Finance & Insurance (8,549 peers)
+12.6%
assets growth YoY
1.1×
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 2024 · DOL Form 5500

$107,364,881 Top 9% higher than 91% of 123,620 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 2024

Ocean Bank 401(k) Savings Plan among mid-size filed plans by headcount

Plan-year 2024 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 (649 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Ocean Bank 401(k) Savings Plan reported net income rose from $7M in the plan year 2023 filing to $12M in the plan year 2024 filing.
  • Ocean Bank 401(k) Savings Plan end-of-year assets rose from $95M in the plan year 2023 filing to $107M in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 592237280 · Ocean Bank PY 2024 · 401(k)

Ocean Bank 401(k) Savings Plan · $107M · 649 · 91st

  • IND $107M
  • EOY 649
  • 5500 91st
  • ASSETS 401(k)
  • PCT near Its Inc 401(k) Retirement Plan & Trust
  • EIN ind #7331

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

Lendingtree, Inc. 401(k) Retirement Savings PlanLendingtree, Inc. 401(k) Ret…$107MPeapack-Gladstone Bank Employees Savings and Investment PlanPeapack-Gladstone Bank Emplo…$107MIts Inc 401(k) Retirement Plan & TrustIts Inc 401(k) Retirement Pl…$107MOcean Bank 401(k) Savings PlanOcean Bank 401(k) Savings Pl…$107MSociety for Human Resource Management Incentive Savings PlanSociety for Human Resource M…$107M
End-of-year total assets ($M) among Ocean Bank 401(k) Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$95M
Net Assets (End of Year)$107M
Net Income$12M
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): 0.107364881 · Participants: 649Ocean Bank 401(k) Savings PlanL3harris Retirement Savings Plan, Total assets ($B): 16.316786122 · Participants: 40330L3harris Retirement Savings PlanSavings Plan for Employees and Partners of Pwc, Total assets ($B): 13.167098888 · Participants: 51081Savings Plan for Employees and Partners of PwcAdp Totalsource Retirement Savings Plan, Total assets ($B): 9.190044852 · Participants: 310261Adp Totalsource Retirement Savings PlanPublix Super Markets, Inc. 401(k) Smart Plan, Total assets ($B): 8.068866271 · Participants: 197102Publix Super Markets, Inc. 401(k) Smart PlanNextera Energy, Inc. Employee Retirement Savings Plan, Total assets ($B): 5.484619612 · Participants: 16678Nextera Energy, Inc. Employee Retirement Savings 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 Its Inc 401(k) Retirement Plan & Trust in IA ($107M); by covered participants it is Lakeland Financial Corporation 401(k) Plan in IN (649 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (649 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. 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 2024? ▼
Ocean Bank 401(k) Savings Plan grew at a solid clip - up 12.6% during 2024, from $95M to $107M. Reported net income was $12M.
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 123,622 plans that reported assets for plan year 2024 (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 Its Inc 401(k) Retirement Plan & Trust in IA ($107M, 613 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 Lakeland Financial Corporation 401(k) Plan in IN (649 participants, $123M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

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.