2023 Form 5500 filing — Employee Stock Ownership Plan Of Westfield Financial, Inc.
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 20240729101826NAL0019219425001) for Employee Stock Ownership Plan Of Westfield Financial, Inc., reported by Western New England Bancorp, Inc. under EIN 73-1627673 and plan number 003. It reports 420 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials).
- EFAST2 acknowledgement
- 20240729101826NAL0019219425001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Western New England Bancorp, Inc.
- EIN
- 73-1627673
- Plan number
- 003
- Location
- Westfield, MA
- Participants
- 420
- Schedules available
- Schedule H
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $15,092,556
- Total liabilities (EOY)
- $3,049,802
- Net assets (EOY)
- $12,042,754
- Employer contributions
- $830,021
- Total income / additions
- $488,787
- Benefits paid
- $595,823
- Administrative expenses
- $25
- Total expenses
- $891,577
- Net increase / (decrease)
- -$402,790
- Schedule source
- Schedule H