OceanFirst Bank
49
Plan:
41
66
87
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 38 point difference between this plan's BrightScope Rating (49) and the top rated plan (87) could equate to:
[How is this calculated?]
[How is this calculated?]
16 additional years of work Up to $175,800 in lost retirement savings.The delay in retirement calculations apply solely to this defined contribution plan and do not take into account other retirement plans and programs offered by this employer.
Retirement Plan Description
OceanFirst Bank Employee Stock Ownership Plan is a defined contribution plan with a profit-sharing component and leveraged ESOP component. This plan has a BrightScope Rating of 49. This plan is in the top 15% of plans for Total Plan Cost. OceanFirst Bank Employee Stock Ownership Plan currently has over 400 active participants and over $23.3M in plan assets.
Retirement Plan Details
| Address |
975 Hooper Avenue
Toms River, NJ 08753 |
| Industry | Savings Institutions |
| Administrator | Michael Fitzpatrick |
| Net Plan Assets | $23,300,000 |
| Total Participants | 470 |
| Avg Account Balance | $40,000 |
Compare Other Companies in Peer Group
| Think Mutual Bank | 77.7 |
| BankNewport | 69.8 |
| Oneida Savings Bank | 69.1 |
| BankFinancial | 67.0 |
| CFS Bancorp | 65.1 |
| Pulaski Bank | 64.0 |
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