2023 Form 5500 filing — Dart Bank 401(K) Employee Stock Ownership 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 20240806143656NAL0002378081001) for Dart Bank 401(K) Employee Stock Ownership Plan, reported by Dart Bank under EIN 38-0464116 and plan number 001. It reports 257 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240806143656NAL0002378081001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Dart Bank
- EIN
- 38-0464116
- Plan number
- 001
- Location
- Mason, MI
- Participants
- 257
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $26,231,246
- Net assets (EOY)
- $26,231,246
- Employer contributions
- $824,418
- Participant contributions
- $1,580,647
- Total income / additions
- $7,396,558
- Benefits paid
- $2,007,154
- Administrative expenses
- -$2,449
- Total expenses
- $2,004,705
- Net increase / (decrease)
- $5,391,853
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Cambridge Investment Research Inc | BROKER/ ADVISOR | $0 | $46,568 |
| Maner Costerisan & Ellis Pc | AUDITOR | $10,800 | $0 |
| Ellis Benefits Group Inc | CONTRACT ADMIN | $5,865 | $0 |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $5,298 | $0 |
| Camels Consulting Group LLC | OTHER | $2,200 | $0 |
| Empower Annuity Insurance Company | RECORDKEEPER | $0 | $0 |