2023 Form 5500 filing — Walden Savings 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 20240730092728NAL0031388000001) for Walden Savings Bank 401(K) Plan, reported by Walden Savings Bank under EIN 14-1155630 and plan number 002. It reports 175 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
Form 5500 2 · 2023
Filing snapshot
Net assets (EOY)$15.7MReported net assets$15,726,120
Participants175
Provider compensation$68.7K3 Schedule C row(s)$68,691
Schedules filedSchedule H, Schedule CLoaded schedules
- EFAST2 acknowledgement
- 20240730092728NAL0031388000001
- Plan sponsor
- Walden Savings Bank
- EIN
- 14-1155630
- Plan number
- 002
- Location
- Montgomery, NY
- Received date
- not reported in the loaded dataset
Schedule H · 2023
Reported financial snapshot
Reported figures as filed, in whole dollars. Only fields the filing reports are shown.
Reported balance (end of year)$15.7M total assets
Net assets$15.7MLiabilities$0
Full reported line items
- Total assets (EOY)
- $15,726,120
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $15,726,120
- Employer contributions
- $379,473
- Participant contributions
- $839,277
- Total income / additions
- $3,616,381
- Benefits paid
- $876,160
- Administrative expenses
- $71,663
- Total expenses
- $967,719
- Net increase / (decrease)
- $2,648,662
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Empower Life & Annuity Insurance Co | RECORDKEEPER | $36,216 | $0 |
| J Alden Associates Inc | BROKER/ADVISER | $0 | $25,510 |
| Leafhouse Financial Advisors, LLC | INVESTMENT ADVISOR | $6,965 | not reported in the loaded dataset |