2023 Form 5500 filing — Pioneer Bank 401(K) Savings 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 20240710101729NAL0023815760001) for Pioneer Bank 401(K) Savings Plan, reported by Pioneer Bank under EIN 14-0970570 and plan number 002. It reports 376 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240710101729NAL0023815760001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Pioneer Bank
- EIN
- 14-0970570
- Plan number
- 002
- Location
- Albany, NY
- Participants
- 376
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $23,102,531
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $23,102,531
- Employer contributions
- $502,091
- Participant contributions
- $1,428,761
- Total income / additions
- $4,819,415
- Benefits paid
- $2,160,886
- Administrative expenses
- $43,044
- Total expenses
- $2,235,650
- Net increase / (decrease)
- $2,583,765
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Pentegra Services, Inc | RECORDKEEPER | $43,043 | $0 |