Plan Ledger DOL Form 5500 · updated monthly

Columbia Bank401(k)

COLUMBIA BANK SAVINGS AND INVESTMENT PLAN · FAIR LAWN, NJ · plan year 2024

Reported admin expense ratio · 2024
0.03%

Peer grade: B+ · admin costs + employer contributions vs same-size plans · how grading works

Columbia Bank reported $37,084 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,950 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio rose from 0.02% to 0.03%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other finance & insurance employers. By assets it is the 283rd-largest of 2,419 plans among New Jersey employers on file, and the 767th of 4,798 in finance & insurance. In 2024, employees put in $2.40 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$141,701,620
Participants with balances980
Active participants806
Employer contributions$2,377,999
Employee contributions$5,710,295
Employer contribution per active participant$2,950
Average account balance$144,593
Benefits paid to participants$20,185,423
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$141.7M · 980 accts · $2.4M emplr
2023$130.1M · 964 accts · $2.6M emplr
2022$116.0M · 1,010 accts · $2.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$32,789
Investment management$4,295
Total administrative$37,084
The Columbia Bank 401(k) match · 2024
Employer contribution per active participant$2,950
Median for plans this size$3,635
2024$2,950 per active participant
2023$3,502 per active participant
2022$2,658 per active participant

Columbia Bank's 2024 employer contribution ran below the $3,635 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processingindirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$37,084 · 0.03%
2023$12,033 · 0.01%
2022$19,115 · 0.02%
All plans at this employer2
COLUMBIA BANK SAVINGS AND INVESTMENT PLAN401(k)
COLUMBIA BANK EMPLOYEE STOCK OWNERSHIP PLANESOP
Same employer
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Zelis Healthcare, LLC NJ$172.2M · 0.16%
Cenlar Capital Corporation NJ$167.8M · 0.03%
Enstar (US) Inc. NJ$134.0M · 0.17%
Investors Bank NJ$126.9M
Peapack-Gladstone Bank NJ$122.4M · 0.20%

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Source: U.S. Department of Labor, Form 5500 series, EIN 220900560 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.