2023 Form 5500 filing — Reliance Savings Bank Profit Sharing And 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 20240730100748NAL0011712531001) for Reliance Savings Bank Profit Sharing And 401(K) Plan, reported by Reliance Savings Bank under EIN 23-1012663 and plan number 002. It reports 122 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240730100748NAL0011712531001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Reliance Savings Bank
- EIN
- 23-1012663
- Plan number
- 002
- Location
- Altoona, PA
- Participants
- 122
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $14,158,703
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $14,158,703
- Employer contributions
- $332,526
- Participant contributions
- $476,417
- Total income / additions
- $2,798,592
- Benefits paid
- $2,392,474
- Administrative expenses
- $3,381
- Total expenses
- $2,395,855
- Net increase / (decrease)
- $402,737
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Cambridge Investment Research Advis | INVESTMENT ADVISORY | $0 | $26,917 |
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $3,380 | $0 |
| Wilshire Advisors LLC | INVESTMENT ADVISORY | $0 | $0 |