Salem Five Cents Savings Bank — Form 5500 filings & benefit plans

Form 5500 plan sponsor summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Salem Five Cents Savings Bank (EIN 04-1802790) is a plan sponsor located in Salem, MA with 3 reported benefit plan(s) in the loaded dataset. The latest loaded Form 5500 filing year is 2023.

Company overview (based on loaded 2023 public filings)

EIN
04-1802790
Location
Salem, MA
Loaded plans
3
Latest filing year
2023

Reported financial aggregate (2023)

Reported net position

Total reported assets (EOY)
$174,357,518
Total reported liabilities (EOY)
$0
Total reported net assets (EOY)
$174,357,518

Contributions & income

Employer contributions
$1,841,291
Participant contributions
$5,457,296
Total income / additions
$34,613,472

Expenses & distributions

Benefits paid / distributions
$17,236,253
Total expenses
$17,272,333
Net increase / (decrease)
$17,341,139

Coverage

Total reported participants
1,833
Plans with financial statements
2
Plans with provider compensation
1

Totals sum the latest loaded 2023 public Form 5500 filing per plan for this company's plans — one filing per plan, so multiple years are never double-counted. Figures are reported values from loaded Schedule H / I (and Schedule C for provider compensation); fields a plan did not report are treated as missing, not zero. These are not audited or official totals.

Largest loaded plans by reported assets

Salem Five Cents Savings Bank plans by reported end-of-year assets
PlanPlan #ParticipantsReported assets (EOY)Year
Salem Five 401(K) Retirement Plan002977$99,176,5022023
Sbera Pension Plan As Adopted By Salem Five Cents Savings Bank001311$75,181,0162023
Salem Five Cents Savings Bank Consolidated Benefits Plan501545not reported in the loaded dataset2023

Search all 3 loaded plans for this company →

Latest loaded filings

Most recent loaded Form 5500 filings for Salem Five Cents Savings Bank
YearPlanParticipantsSchedulesFiling
2023Salem Five Cents Savings Bank Consolidated Benefits Plan54520240702072424NAL0004723473001
2023Salem Five 401(K) Retirement Plan977H, C20240708073125NAL0012027041001
2023Sbera Pension Plan As Adopted By Salem Five Cents Savings Bank311H20250523111623NAL0009954514001

Related Form 5500 pages