401k Record

Employers › Cross River Bank

Cross River Bank 401(k)

Administrative expenses excluding investment management, per participant · Cross River Bank 401(k) Plan · plan year 2024

$245.80

Higher than 90% of the 8,758 plans $50 to 250M that report it.

Source

= $167,146 / 680
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251015202051NAL0011116178001, received 2025-10-15
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251015202051NAL0011116178001, received 2025-10-15

10th: $16.21median $93.2090th: $246.84

Percentiles compare this plan with the Schedule H plans $50 to 250M in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-10-15.

Cost and contributions

Recordkeeping fees per participant

not reported

Not reported on this filing.

Administrative expenses per participant

$245.80

10th: $29.39median $132.8490th: $350.58

Higher than 79% of the 9,042 plans $50 to 250M that report it.

Source

= $167,146 / 680
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251015202051NAL0011116178001, received 2025-10-15
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251015202051NAL0011116178001, received 2025-10-15

Administrative expenses as a share of assets

0.314%

10th: 0.022%median 0.136%90th: 0.326%

Higher than 89% of the 9,049 plans $50 to 250M that report it.

Source

= $167,146 / $53,264,269
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251015202051NAL0011116178001, received 2025-10-15
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251015202051NAL0011116178001, received 2025-10-15

Employer contributions per participant

$5,005

10th: $965median $2,73890th: $8,164

Higher than 77% of the 9,105 plans $50 to 250M that report it.

Source

= $3,403,721 / 680
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251015202051NAL0011116178001, received 2025-10-15
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251015202051NAL0011116178001, received 2025-10-15

Employer share of total contributions

25.9%

10th: 15.6%median 29.5%90th: 50.6%

Higher than 38% of the 9,112 plans $50 to 250M that report it.

Source

= $3,403,721 / $13,161,453
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251015202051NAL0011116178001, received 2025-10-15
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251015202051NAL0011116178001, received 2025-10-15

Plan terms, as stated in Cross River Bank's SEC filings

Plan terms are not published in public filings.

Plan features

2A age/service-weighted · 2E profit-sharing · 2F ERISA 404(c) plan · 2J 401(k) feature · 2G fully participant-directed · 2K 401(m) arrangement · 3D IRS pre-approved plan · 3H controlled-group sponsor · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20251015202051NAL0011116178001, received 2025-10-15

Full record, Cross River Bank 401(k) Plan

FieldValueSource
Plan sponsorCROSS RIVER BANKForm 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20251015202051NAL0011116178001, received 2025-10-15
Plan nameCROSS RIVER BANK 401(K) PLANForm 5500, line 1a; PLAN_NAME pos 16; filing 20251015202051NAL0011116178001, received 2025-10-15
Sponsor EIN / plan number26-1942598 / 001Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20251015202051NAL0011116178001, received 2025-10-15
Plan typesingle-employerForm 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20251015202051NAL0011116178001, received 2025-10-15
Sponsor locationFORT LEE, NJForm 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20251015202051NAL0011116178001, received 2025-10-15
Industry (business code)522110, Finance and insuranceForm 5500, line 2d; BUSINESS_CODE pos 46; filing 20251015202051NAL0011116178001, received 2025-10-15
Plan year2024-01-01 to 2024-12-31Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20251015202051NAL0011116178001, received 2025-10-15
Filing received2025-10-15Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20251015202051NAL0011116178001, received 2025-10-15
Final filingnoForm 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20251015202051NAL0011116178001, received 2025-10-15
Amended filingnoForm 5500, Part I line B; AMENDED_IND pos 7; filing 20251015202051NAL0011116178001, received 2025-10-15
Participants, beginning of year822Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20251015202051NAL0011116178001, received 2025-10-15
Active participants661Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20251015202051NAL0011116178001, received 2025-10-15
Participants, end of year816Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20251015202051NAL0011116178001, received 2025-10-15
Participants with an account balance680Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251015202051NAL0011116178001, received 2025-10-15
Total assets, beginning of year$38,018,768Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20251015202051NAL0011116178001, received 2025-10-15
Total assets, end of year$53,264,269Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251015202051NAL0011116178001, received 2025-10-15
Net assets, end of year$53,264,269Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20251015202051NAL0011116178001, received 2025-10-15
Total income$19,776,888Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20251015202051NAL0011116178001, received 2025-10-15
Net income$15,245,501Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20251015202051NAL0011116178001, received 2025-10-15
Employer contributions$3,403,721Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251015202051NAL0011116178001, received 2025-10-15
Participant contributions$6,582,556Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20251015202051NAL0011116178001, received 2025-10-15
Other contributions (incl. rollovers)$3,175,176Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20251015202051NAL0011116178001, received 2025-10-15
Total contributions$13,161,453Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251015202051NAL0011116178001, received 2025-10-15
Benefit payments$4,316,621Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20251015202051NAL0011116178001, received 2025-10-15
Total expenses (incl. benefit payments)$4,531,387Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20251015202051NAL0011116178001, received 2025-10-15
Total administrative expenses$167,146Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251015202051NAL0011116178001, received 2025-10-15
Contract administrator fees$167,146Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20251015202051NAL0011116178001, received 2025-10-15
Administrative expenses excluding investment management$167,146derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251015202051NAL0011116178001, received 2025-10-15
Held in mutual funds$51,596,871Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20251015202051NAL0011116178001, received 2025-10-15
Independent auditorEISNERAMPER LLPSchedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20251015202051NAL0011116178001, received 2025-10-15

Position = column in the DOL layout for form year 2024. Filing 20251015202051NAL0011116178001, received 2025-10-15.

Service providers paid directly by the plan

ProviderRelationshipService codesDirect compensationIndirect
ALLIANCEBERNSTEIN LPINVESTMENT ADVISOR 27 Investment advisory (plan) $86,206no
EMPOWER ANNUITY INS CO OF AMERICArecordkeeperRECORDKEEPER 64 Recordkeeping fees $55,114yes
ECONOMIC GROUP PENSION SERVICESCONTRACT ADMIN 13 Contract administrator $21,725no

Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20251015202051NAL0011116178001, received 2025-10-15.

No filing for the previous plan year is in the data, so there is no year-over-year comparison.

Alerts, claims and corrections

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Sponsor name as filed: CROSS RIVER BANK; SEC registrant: Cross River Bank (CIK 2008229, matched by EIN).