2023 Form 5500 filing — Blue Foundry Bank Employee Stock Ownership Plan
Plain-English filing summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240930093345NAL0005379809001) for Blue Foundry Bank Employee Stock Ownership Plan, reported by Blue Foundry Bank under EIN 22-0780922 and plan number 004. It reports 174 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials).
- EFAST2 acknowledgement
- 20240930093345NAL0005379809001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Blue Foundry Bank
- EIN
- 22-0780922
- Plan number
- 004
- Location
- Rutherford, NJ
- Participants
- 174
- Schedules available
- Schedule H
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $21,982,802
- Total liabilities (EOY)
- $20,587,624
- Net assets (EOY)
- $1,395,178
- Employer contributions
- $1,324,389
- Total income / additions
- -$5,931,523
- Benefits paid
- $60,597
- Administrative expenses
- $0
- Total expenses
- $750,321
- Net increase / (decrease)
- -$6,681,844
- Schedule source
- Schedule H