# Kearny Bank 401(k) Plan
Source: https://planprovider.pro/companies/kearny-bank-401k-plan

> Kearny Bank&#39;s 401(k) plan: 520 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Kearny Bank

- **Sponsor EIN:** 221032860

- **Sponsor Address:** 120 PASSAIC AVENUE, FAIRFIELD, NJ, 07004

- **Plan Type:** 401(k)

- **Total Participants:** 520

- **Total Assets:** $62.8M

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** No

- **Allows Roth Contributions:** No

- **Participant Loans:** No

- **Participant-Directed Investments:** Yes

- **ERISA Section 404(c) Fiduciary Safe Harbor:** No

## Plan Financials by Year

| Year|Participants|Total Assets|Employer Contrib.|Employee Contrib.|

| 2024|520|$62.8M|$1.4M|$3.4M|

| 2023|522|$58.3M|$1.4M|$3.3M|

| 2022|528|$52.6M|$1.4M|$3.5M|

## Service Providers (Schedule C)

Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).

| Provider Name|
Role|
Direct Compensation|
Indirect Compensation|
Total Fees|

| SCHNEIDER DOWNS|Auditor|—|—|$0|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [SCHNEIDER DOWNS](https://planprovider.pro/provider/schneider-downs-and-co-inc) — Auditor

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $0

### Historical Administrative Expenses

Breakdown of administrative expense categories reported on Form 5500 filings.

| Year|
Total Admin Expenses|
Investment Mgmt Fees|
Contract Admin Fees|
IQPA Audit Fees|
Professional Fees|

| 2024|$44,224|—|$44,224|—|—|

| 2023|$202,914|—|$194,959|—|—|

| 2022|$211,573|—|$204,148|—|—|

## Similar Plans

- [Kearny Bank](https://planprovider.pro/companies/kearny-bank-plan-004) — 448 participants

- [Northfield Bank](https://planprovider.pro/companies/northfield-bank-401k-plan) — 350 participants

- [Spencer Savings Bank Sla](https://planprovider.pro/companies/spencer-savings-bank-sla-401k-plan) — 298 participants

- [Northfield Bank](https://planprovider.pro/companies/northfield-bank-plan-003) — 286 participants

- [Oceanfirst Bank](https://planprovider.pro/companies/oceanfirst-bank-401k-plan-004) — 775 participants

- [Manasquan Bank](https://planprovider.pro/companies/manasquan-bank-401k-plan) — 240 participants

[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/kearny-bank-401k-plan)

&copy; 2026 PlanProvider.Pro
