2023 Form 5500 filing — Oceanfirst 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 20241007110314NAL0007507843001) for Oceanfirst Bank Employee Stock Ownership Plan, reported by Oceanfirst Bank under EIN 21-0607451 and plan number 004. It reports 1,057 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241007110314NAL0007507843001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Oceanfirst Bank
- EIN
- 21-0607451
- Plan number
- 004
- Location
- Toms River, NJ
- Participants
- 1,057
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $28,709,313
- Total liabilities (EOY)
- $4,241,197
- Net assets (EOY)
- $24,468,116
- Employer contributions
- $2,444,751
- Total income / additions
- -$2,194,085
- Benefits paid
- $2,097,083
- Administrative expenses
- $66,060
- Total expenses
- $2,346,197
- Net increase / (decrease)
- -$4,540,282
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Greatbanc Trust Company | TRUSTEE | $41,100 | not reported in the loaded dataset |
| Mazars Usa Llp | ACCOUNTANT | $24,960 | not reported in the loaded dataset |