2023 Form 5500 filing — Sandy Spring Bancorp, Inc. Retirement Income Plan
Plain-English filing 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, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240523153233NAL0009582864001) for Sandy Spring Bancorp, Inc. Retirement Income Plan, reported by Sandy Spring Bancorp, Inc. under EIN 52-1532952 and plan number 001. It reports 471 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240523153233NAL0009582864001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Sandy Spring Bancorp, Inc.
- EIN
- 52-1532952
- Plan number
- 001
- Location
- Olney, MD
- Participants
- 471
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $0
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $0
- Employer contributions
- $1,428,578
- Total income / additions
- $2,830,110
- Benefits paid
- $34,968,582
- Administrative expenses
- $149,452
- Total expenses
- $35,118,034
- Net increase / (decrease)
- -$32,287,924
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $149,451 | $0 |
| Morgan Stanley Global | INVESTMENT ADVISORY | $24,598 | not reported in the loaded dataset |