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Company:
Oritani Bank
Plan:
Oritani Bank Employee Stock Ownership Plan
 

Oritani Bank

74 Plan:

 
 
74
44
67
87
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 13 point difference between this plan's BrightScope Rating (74) and the top rated plan (87) could equate to:
[How is this calculated?]
8 additional years of work
Up to $39,900 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

Oritani Bank Employee Stock Ownership Plan is a defined contribution plan with a stock bonus component and leveraged ESOP component. This plan has a BrightScope Rating of 74. This plan is in the top 15% of plans for Account Balances, Company Generosity, Participation Rate, and Total Plan Cost. Oritani Bank Employee Stock Ownership Plan currently has over 100 active participants and over $49.4M in plan assets.

 

 Retirement Plan Details

Address 370 Pascack Road
Township Of Washington, NJ 07676 
Industry Savings Institutions
Administrator Anne E. Mooradian
Net Plan Assets $49,400,000
Total Participants 180
Avg Account Balance $100,000

 Compare Other Companies in Peer Group

Think Mutual Bank 77.7
Artisan's Bank 76.7
Legacy Banks 71.9
BankNewport 69.8
Collateral Holdings, Ltd. 68.4
Territorial Savings Bank 68.3

 Top 2 Funds in this 401k

1. Oritani Financial Corp. Stock Fund 99%
2. Cash and Cash Equivalents 0%

  Plan Service Provider

Auditor KPMG, Llp

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