Sterling Bancorp And Sterling National Bank 401(k) Plan: Login, Facts & Contact Information

No recent filing

No Form 5500 has been filed for this plan since plan year 2013. 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.

Sterling Bancorp And Sterling National Bank 401(k) Plan Facts (plan year 2013)

Plan name
STERLING BANCORP/STERLING NATIONAL BANK 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
STERLING BANCORP AND STERLING NATIONAL BANK
Participants
666 (533 active employees)
Former employees with a balance
88
Plan assets
$39,871,388 at Dec 31, 2013
Average account balance
$70,946 across 562 accounts
Employer contributions
$489,340 in plan year 2013 (11% of all contributions)
Plan year
Jan 1, 2013 – Dec 31, 2013
Plan established
Jan 1, 1990
✓ 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 2013 (Jan 1, 2013 – Dec 31, 2013), filed Sep 16, 2014. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2013

  • $4.27 million went into the plan in contributions, $489,340 of it from the employer (11%).
  • $4.54 million was paid out to participants.
  • Investment and other income added $8.59 million.
  • Administrative expenses were $20,153, about $36 per account.

How the Sterling Bancorp And Sterling National Bank 401(k) changed, 2009–2013

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2009866$20.8 million$936,009$1.79 million
2010837$26.1 million$314,914$1.73 million
2011651$27.0 million$352,998$1.69 million
2012652$31.6 million$440,235$2.11 million
2013666$39.9 million$489,340$4.54 million

Sterling Bancorp And Sterling National Bank 401(k) Contact Information

Phone
212-490-9886
Mailing address
145 E 40TH ST MEZZANINE LEVEL, NEW YORK NY 100176664
Plan sponsor
STERLING BANCORP AND STERLING NATIONAL BANK
Employer identification number (EIN)
13-2565216
Plan number
003

Questions about the Sterling Bancorp And Sterling National Bank 401(k)

Is the Sterling Bancorp And Sterling National Bank 401(k) plan still active?

We can't confirm that. The last Form 5500 on record for this plan covers plan year 2013, and no later filing was found under this employer's EIN.

Does Sterling Bancorp And Sterling National Bank contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2013 the employer contributed $489,340, 11% of all contributions.

Does the Sterling Bancorp And Sterling National Bank 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Sterling Bancorp And Sterling National Bank 401(k) plan?

666 participants at the start of plan year 2013, 533 of them active employees, and 88 former employees who still had money in the plan.

What is the average 401(k) balance at Sterling Bancorp And Sterling National Bank?

About $70,946 per account: $39.9 million in plan assets across 562 accounts with a balance at the end of plan year 2013.

Who manages the Sterling Bancorp And Sterling National Bank 401(k) accounts?

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

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