2023 Form 5500 filing — Manasquan Bank 401(K) 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 20240628052612NAL0000151585001) for Manasquan Bank 401(K) Plan, reported by Manasquan Bank under EIN 21-0506080 and plan number 002. It reports 273 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240628052612NAL0000151585001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Manasquan Bank
- EIN
- 21-0506080
- Plan number
- 002
- Location
- Wall Township, NJ
- Participants
- 273
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $31,248,110
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $31,248,110
- Employer contributions
- $1,457,052
- Participant contributions
- $1,595,811
- Total income / additions
- $7,973,842
- Benefits paid
- $1,553,644
- Administrative expenses
- $84,435
- Total expenses
- $1,638,945
- Net increase / (decrease)
- $6,334,897
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Global Retirement Partners | INVESTMENT/FINANCIAL ADVI | $77,696 | $0 |
| Adp, Inc. | RECORD KEEPER | $6,739 | $0 |
| Adp Broker-Dealer | RECORD KEEPER | $0 | $0 |