Civic Intelligence

Boiling Springs Savings Bank

Plan context: Blue Foundry Bank Employee Stock Ownership Plan

EIN 22-0780922 • Parsippany, NJ • 30 filings • 9 plans

7 Sylvan Way Ste 200Parsippany, NJ 07054-3832
Current Snapshot

Latest Year

2024

2024 Participants

227

2024 Assets

$40,832,481

2024 Contributions

$3,494,069

Historical Graphs

Total Assets Over Time

Aggregate end-of-year assets by filing year, excluding zero-asset years

$50,002,784$25,001,392$0202120232024YearValue
$40,832,481Latest year 2024

Participants Over Time

Largest reported end-of-year plan headcount by filing year, used to avoid double-counting participants across overlapping plans

3711860200120172024YearValue
227Latest year 2024

Company Timeline

Year summaries and individual filings are combined here so you can stay in one place while moving across years and plan filings.

Year / FilingFilingsParticipantsAssetsContributionsContrib./Participant
20243227$40,832,481$3,494,069$15,392iApproximate average salary by contribution assumption: employee only about $384,809 at 4% or $256,540 at 6%; with 50% employer match about $256,540 at 4% or $171,026 at 6%; with 100% employer match about $192,405 at 4% or $128,270 at 6%.
Blue Foundry Bank Employee Stock Ownership Plan-113$22,166,325$1,324,389$11,720iApproximate average salary by contribution assumption: employee only about $293,006 at 4% or $195,338 at 6%; with 50% employer match about $195,338 at 4% or $130,225 at 6%; with 100% employer match about $146,503 at 4% or $97,669 at 6%.
Blue Foundry Bank 401(K) Plan-227$18,666,156$2,169,680$9,558iApproximate average salary by contribution assumption: employee only about $238,952 at 4% or $159,301 at 6%; with 50% employer match about $159,301 at 4% or $106,201 at 6%; with 100% employer match about $119,476 at 4% or $79,651 at 6%.
Boiling Springs Savings Bank Healthcare Benefits Plan-180---
20233181$38,533,172$3,363,685$18,584iApproximate average salary by contribution assumption: employee only about $464,597 at 4% or $309,732 at 6%; with 50% employer match about $309,732 at 4% or $206,488 at 6%; with 100% employer match about $232,299 at 4% or $154,866 at 6%.
Blue Foundry Bank Employee Stock Ownership Plan-113$21,982,802$1,324,389$11,720iApproximate average salary by contribution assumption: employee only about $293,006 at 4% or $195,338 at 6%; with 50% employer match about $195,338 at 4% or $130,225 at 6%; with 100% employer match about $146,503 at 4% or $97,669 at 6%.
Blue Foundry Bank 401(K) Plan-181$16,550,370$2,039,296$11,267iApproximate average salary by contribution assumption: employee only about $281,671 at 4% or $187,780 at 6%; with 50% employer match about $187,780 at 4% or $125,187 at 6%; with 100% employer match about $140,835 at 4% or $93,890 at 6%.
Boiling Springs Savings Bank Healthcare Benefits Plan-176---
20223195$44,344,175$3,709,808$19,025iApproximate average salary by contribution assumption: employee only about $475,616 at 4% or $317,078 at 6%; with 50% employer match about $317,078 at 4% or $211,385 at 6%; with 100% employer match about $237,808 at 4% or $158,539 at 6%.
Blue Foundry Bank Employee Stock Ownership Plan-103$29,299,310$1,324,389$12,858iApproximate average salary by contribution assumption: employee only about $321,454 at 4% or $214,302 at 6%; with 50% employer match about $214,302 at 4% or $142,868 at 6%; with 100% employer match about $160,727 at 4% or $107,151 at 6%.
Blue Foundry Bank 401(K) Plan-195$15,044,865$2,385,419$12,233iApproximate average salary by contribution assumption: employee only about $305,823 at 4% or $203,882 at 6%; with 50% employer match about $203,882 at 4% or $135,921 at 6%; with 100% employer match about $152,911 at 4% or $101,941 at 6%.
Boiling Springs Savings Bank Healthcare Benefits Plan-194---
20213175$50,002,784$2,905,257$16,601iApproximate average salary by contribution assumption: employee only about $415,037 at 4% or $276,691 at 6%; with 50% employer match about $276,691 at 4% or $184,461 at 6%; with 100% employer match about $207,518 at 4% or $138,346 at 6%.
Blue Foundry Bank Employee Stock Ownership Plan-105$33,382,734$1,324,389$12,613iApproximate average salary by contribution assumption: employee only about $315,331 at 4% or $210,220 at 6%; with 50% employer match about $210,220 at 4% or $140,147 at 6%; with 100% employer match about $157,665 at 4% or $105,110 at 6%.
Blue Foundry Bank 401(K) Plan-175$16,620,050$1,580,868$9,034iApproximate average salary by contribution assumption: employee only about $225,838 at 4% or $150,559 at 6%; with 50% employer match about $150,559 at 4% or $100,373 at 6%; with 100% employer match about $112,919 at 4% or $75,279 at 6%.
Boiling Springs Savings Bank Healthcare Benefits Plan-165---
20201198$0$0-
Boiling Springs Savings Bank Healthcare Benefits Plan-198---
20191214$0$0-
Boiling Springs Savings Bank Healthcare Benefits Plan-214---
20182152$0$0-
Boiling Springs Savings Bank Healthcare Benefits Plan-152---
Boiling Springs Savings Bank Health Reimbursement Plan-147---
20172150$0$0-
Boiling Springs Savings Bank Healthcare Benefits Plan-150---
Boiling Springs Savings Bank Health Reimbursement Plan-147---
20162165$0$0-
Boiling Springs Savings Bank Health Reimbursement Plan-134---
Boiling Springs Savings Bank Healthcare Benefits Plan-165---
20152371$0$0-
Boiling Springs Savings Bank Healthcare Benefits Plan-371---
Boiling Springs Savings Bank Health Reimbursement Plan-152---
20142341$0$0-
Boiling Springs Savings Bank Healthcare Benefits Plan-341---
Boiling Springs Savings Bank Health Reimbursement Plan-130---
20131122$0$0-
Boiling Springs Savings Bank Health Reimbursement Plan-122---
20121136$0$0-
Boiling Springs Savings Bank Health Reimbursement Plan-136---
20111138$0$0-
Boiling Springs Savings Bank Health Reimbursement Plan-138---
20101134$0$0-
Boiling Springs Savings Bank Health Reimbursement Plan-134---
200210$0$0-
RIDGEWOOD SAVINGS BANK OF NEW JERSEY EMPLOYEE STOCK OWNERSHIP PLAN-0---
2001132$0$0-
RIDGEWOOD SAVINGS BANK OF NEW JERSEY EMPLOYEE STOCK OWNERSHIP PLAN-32---