Astoria Bank 401(k) Plan: Login, Facts & Contact Information

No recent filing

No Form 5500 has been filed for this plan since plan year 2017. The plan may have been terminated, merged into another plan, or moved to a new sponsor. Everything below comes from its last filing on record.

Astoria Bank 401(k) Plan Facts (plan year 2017)

Plan name
ASTORIA BANK 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
ASTORIA BANK
Participants
2,226 (1,254 active employees)
Former employees with a balance
902
Plan assets
$260,607,390 at Dec 31, 2017
Average account balance
$121,100 across 2,152 accounts
Employer contributions
$3,667,810 in plan year 2017 (33% of all contributions)
Plan year
Jan 1, 2017 – Dec 31, 2017
Plan established
Mar 1, 1986
Employer contributions Automatic enrollment Default investment for undecided participants Participants choose their own investments Self-directed brokerage window Profit sharing Company stock (ESOP)

Source: Form 5500 for plan year 2017 (Jan 1, 2017 – Dec 31, 2017), filed Oct 10, 2018. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2017

  • $11.1 million went into the plan in contributions, $3.67 million of it from the employer (33%).
  • $37.1 million was paid out to participants.
  • Investment and other income added $34.9 million.
  • Administrative expenses were $233,708, about $109 per account.

How the Astoria Bank 401(k) changed, 20122017

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20121,629$79.9 million$9.14 million
20131,877$102.8 million$2.02 million$10.3 million
20141,993$228.1 million$2.20 million$24.4 million
20152,254$240.1 million$3.94 million$19.3 million
20162,383$252.0 million$3.95 million$24.3 million
20172,226$260.6 million$3.67 million$37.1 million

Astoria Bank 401(k) Contact Information

Phone
516-327-3000
Mailing address
ONE ASTORIA BANK PLAZA, LAKE SUCCESS NY 110421085
Plan sponsor
ASTORIA BANK
Employer identification number (EIN)
11-0494055
Plan number
003

Questions about the Astoria Bank 401(k)

Is the Astoria Bank 401(k) plan still active?

We can't confirm that. The last Form 5500 on record for this plan covers plan year 2017, and no later filing was found under this employer's EIN.

Does Astoria Bank contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2017 the employer contributed $3.67 million, 33% of all contributions.

Does the Astoria Bank 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Astoria Bank 401(k) plan?

2,226 participants at the start of plan year 2017, 1,254 of them active employees, and 902 former employees who still had money in the plan.

What is the average 401(k) balance at Astoria Bank?

About $121,100 per account: $260.6 million in plan assets across 2,152 accounts with a balance at the end of plan year 2017.

Who manages the Astoria Bank 401(k) accounts?

Empower is the plan's recordkeeper, which is where participants log in to see their balance.

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