Plan Ledger DOL Form 5500 · updated monthly

Peapack-Gladstone Bank401(k)

PEAPACK-GLADSTONE BANK EMPLOYEES SAVINGS AND INVESTMENTS PLAN · BEDMINSTER, NJ · plan year 2025

Reported admin expense ratio · 2025
0.20%

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

Peapack-Gladstone Bank reported $232,304 in plan administrative expenses for 2025: 0.20% of average plan assets, above the peer median. Employer contributions averaged $5,743 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 4 years on file its reported administrative ratio has held roughly steady near 0.20%. The plan sits in the $50M–$250M size bracket, benchmarked here against 605 comparable plans and shown alongside other finance & insurance employers. By assets it is the 319th-largest of 2,419 plans among New Jersey employers on file, and the 852nd of 4,798 in finance & insurance. In 2025, employees put in $2.17 for every $1.00 the employer contributed; active participation has grown from 486 to 689 since 2022.

Plan summary
Net assets, end of year$122,442,503
Participants with balances833
Active participants689
Employer contributions$3,956,911
Employee contributions$8,581,316
Employer contribution per active participant$5,743
Average account balance$146,990
Benefits paid to participants$15,310,702
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$122.4M · 833 accts · $4.0M emplr
2024$107.4M · 746 accts · $3.3M emplr
2023$91.9M · 629 accts · $3.3M emplr
2022$76.7M · 612 accts · $3.1M emplr
Administrative expenses, itemized · 2025
Investment management$212,903
Audit (IQPA)$28,875
Total administrative$232,304
The Peapack-Gladstone Bank 401(k) match · 2025
Employer contribution per active participant$5,743
Median for plans this size$4,093
2025$5,743 per active participant
2024$5,205 per active participant
2023$6,472 per active participant
2022$6,481 per active participant

Peapack-Gladstone Bank's 2025 employer contribution ran above the $4,093 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20253
ONEDIGITAL INVESTMENT ADVISORS LLC · Investment advisory (plan)$147,920
CROWE LLP · Accounting / audit$28,875
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 history4
2025$232,304 · 0.20%
2024$136,050 · 0.14%
2023$182,358 · 0.22%
2022$166,540 · 0.21%
Same employer
Similar plansFinance & Insurance · New Jersey
Columbia Bank NJ$141.7M · 0.03%
Enstar (US) Inc. NJ$134.0M · 0.17%
Investors Bank NJ$126.9M
Fortitude Re NJ$112.0M · 0.07%
Oceanfirst Bank NJ$109.6M · 0.23%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 222491488 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.