401k Record

Employers › Oceanfirst Bank

Oceanfirst Bank 401(k)

Recordkeeping fees per participant · largest plan, Retirement Plan for Oceanfirst Bank · plan year 2024

$158.56

Higher than 91% of the 5,847 plans $50 to 250M that report it.

Source

= $201,692 / 1,272
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250715114450NAL0001568675001, received 2025-07-15
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250715114450NAL0001568675001, received 2025-07-15

10th: $10.22median $69.9190th: $151.08

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 2025-07-15.

Largest plan, all six figures: Retirement Plan for Oceanfirst Bank

Recordkeeping fees per participantheadline

$158.56

10th: $10.22median $69.9190th: $151.08

Higher than 91% of the 5,847 plans $50 to 250M that report it.

Source

= $201,692 / 1,272
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250715114450NAL0001568675001, received 2025-07-15
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250715114450NAL0001568675001, received 2025-07-15

Administrative expenses excluding investment management, per participant

$189.63

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

Higher than 83% of the 8,758 plans $50 to 250M that report it.

Source

= $241,212 / 1,272
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250715114450NAL0001568675001, received 2025-07-15
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250715114450NAL0001568675001, received 2025-07-15

Administrative expenses per participant

$189.63

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

Higher than 68% of the 9,042 plans $50 to 250M that report it.

Source

= $241,212 / 1,272
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250715114450NAL0001568675001, received 2025-07-15
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250715114450NAL0001568675001, received 2025-07-15

Administrative expenses as a share of assets

0.220%

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

Higher than 74% of the 9,049 plans $50 to 250M that report it.

Source

= $241,212 / $109,607,791
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250715114450NAL0001568675001, received 2025-07-15
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250715114450NAL0001568675001, received 2025-07-15

Employer contributions per participant

$1,802

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

Higher than 28% of the 9,105 plans $50 to 250M that report it.

Source

= $2,292,376 / 1,272
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250715114450NAL0001568675001, received 2025-07-15
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250715114450NAL0001568675001, received 2025-07-15

Employer share of total contributions

23.8%

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

Higher than 31% of the 9,112 plans $50 to 250M that report it.

Source

= $2,292,376 / $9,617,001
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250715114450NAL0001568675001, received 2025-07-15
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250715114450NAL0001568675001, received 2025-07-15

Plan terms, as stated in Oceanfirst Bank's SEC filings

Plan terms are not published in public filings.

Plans sponsored

PlanAssetsParticipants with a balanceHeadlineYear
Retirement Plan for Oceanfirst Bank$109,607,7911,272 $158.56 recordkeeping fees per participant2024
Oceanfirst Bank Employee Stock Ownership Plan$27,227,2531,008 $67.52 administrative expenses excl. investment management, per participant2024

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Sponsor name as filed: OCEANFIRST BANK; SEC registrant: OCEANFIRST BANK EMPLOYEE STOCK OWNERSHIP PLAN (CIK 1031986, matched by EIN).