401(k) · DOL Form 5500 · 2024

Oceanfirst Bank 401(k) Plan

Data updated 2026-08-25

$27M
Total assets Below avg plan size
815
Participants Near avg headcount
76th
Percentile by assets National rank
$33,408
Avg per participant Low balance/head
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Official DOL plan name: Oceanfirst Bank Employee Stock Ownership Plan · Sponsored by Oceanfirst Bank · New Jersey · Finance & Insurance

$27M in assets, 815 participants

Oceanfirst Bank's Oceanfirst Bank Employee Stock Ownership Plan reported $27M in total assets and 815 participants in its 2024 DOL Form 5500 filing, ranking in the 76th 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.

  • #5,352 in Finance & Insurance (8,549 peers)

Where Oceanfirst Bank Employee Stock Ownership Plan sits by assets

Oceanfirst Bank Employee Stock Ownership Plan sits in the top quartile of all filed plans by assets, $27M for 815 participants (~$33,408/participant), down 5.2% in 2024.

#5,352
in Finance & Insurance (8,549 peers)
-5.2%
assets change YoY
0.3×
vs typical plan assets (national mean)

The plan reported a net loss of $112K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Oceanfirst Bank Employee Stock Ownership Plan's outsized position by total assets

Oceanfirst Bank Employee Stock Ownership Plan vs every filed plan by assets

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

$27,227,253 Top 24% higher than 76% 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

Oceanfirst Bank Employee Stock Ownership 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. Oceanfirst Bank Employee Stock Ownership Plan sits mid-pack in the medium band (815 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Oceanfirst Bank Employee Stock Ownership Plan reported net income rose from -$5M in the plan year 2023 filing to -$112K in the plan year 2024 filing.
  • Oceanfirst Bank Employee Stock Ownership Plan end-of-year assets fell from $29M in the plan year 2023 filing to $27M in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 210607451 · Oceanfirst Bank PY 2024 · 401(k)

Oceanfirst Bank Employee Stock Ownership Plan · $27M · 815 · 76th

  • VS-ST $27M
  • BOY 815
  • SCH 76th
  • EBSA 401(k)
  • PART near Blaine Brothers Maintenance, Inc. Retirement Plan
  • TYPE ind #5352

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 →

Oceanfirst Bank Employee Stock Ownership Plan in the asset neighbourhood

Oceanfirst Bank Employee Stock Ownership PlanOceanfirst Bank Employee Sto…$27MBlaine Brothers Maintenance, Inc. Retirement PlanBlaine Brothers Maintenance,…$27MNorth American Client Services, Inc. 401(k) PlanNorth American Client Servic…$27MW. K. Dickson & Company Employee Savings & Protection PlanW. K. Dickson & Company Empl…$27MWehah Farm, Inc. 401(k) Profit Sharing PlanWehah Farm, Inc. 401(k) Prof…$27M
End-of-year total assets ($M) among Oceanfirst Bank Employee Stock Ownership Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$29M
Net Assets (End of Year)$24M
Net Income-$112K
Employer EIN210607451
Plan Effective Date2006-12-27
Filing StatusFILING RECEIVED

Sponsor Plan History (Oceanfirst Bank)

Sponsor-wide plan assets over time

All Oceanfirst Bank plans reported in each filing year

Latest sponsor-wide plan assets
$137M 9.388577087820641% vs 2022
2024 filing year
$120M$125M$130M$135M$140M 202220232024 $125M $137M ▲ +9.4%
Year Plans Participants Total Assets
2022 2 1,689 $125M
2023 2 1,748 $127M
2024 2 1,716 $137M

Nearby 401(k) Plans in New Jersey

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

Oceanfirst Bank Employee Stock Ownership Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -200204060 Total assets ($B) Participants Oceanfirst Bank Employee Stock Ownership Plan, Total assets ($B): 0.027227253 · Participants: 815Oceanfirst Bank Employee Stock Ownership PlanJPMorgan Chase 401(k) Savings Plan, Total assets ($B): 52.9134575 · Participants: 185532JPMorgan Chase 401(k) Savings PlanVerizon Savings Plan for Management Employees, Total assets ($B): 29.376133902 · Participants: 69218Verizon Savings Plan for Management EmployeesJohnson and Johnson Savings Plan, Total assets ($B): 23.58476515 · Participants: 42583Johnson and Johnson Savings PlanErnst & Young Retirement Savings Plan, Total assets ($B): 18.327167732 · Participants: 56714Ernst & Young Retirement Savings PlanMerck US Savings Plan, Total assets ($B): 14.970916966 · Participants: 27956Merck US Savings Plan
Oceanfirst Bank Employee Stock Ownership Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants
Compare Oceanfirst Bank Employee Stock Ownership Plan side-by-side with 3 peers →

Oceanfirst Bank Employee Stock Ownership Plan's out-of-state 401(k) peers by assets and headcount

Outside New Jersey, the nearest 401(k) by assets is Blaine Brothers Maintenance, Inc. Retirement Plan in MN ($27M); by covered participants it is Copperpoint Insurance Co. 401(k) Plan in AZ (815 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (815 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 Oceanfirst Bank Employee Stock Ownership Plan assets move in 2024? ▼
Oceanfirst Bank Employee Stock Ownership Plan pulled back noticeably - down 5.2% during 2024, from $29M to $27M. Reported net income was -$112K.
How have Oceanfirst Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Oceanfirst Bank's sponsor-wide assets grew 9.4%, from $125M to $137M.
Where does Oceanfirst Bank Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Oceanfirst Bank Employee Stock Ownership Plan ranks in the 76th 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 Oceanfirst Bank Employee Stock Ownership Plan? ▼
Among 401(k) plans in other states, the closest by assets is Blaine Brothers Maintenance, Inc. Retirement Plan in MN ($27M, 382 participants).
Which 401(k) plans cover a similar participant headcount to Oceanfirst Bank Employee Stock Ownership Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Copperpoint Insurance Co. 401(k) Plan in AZ (815 participants, $178M 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 210607451.

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.