2023 Form 5500 filing — The Retirement Plan For Employees Of Franklin Savings Bank
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 20240903061303NAL0030480160001) for The Retirement Plan For Employees Of Franklin Savings Bank, reported by Franklin Savings Bank under EIN 01-0072660 and plan number 001. It reports 228 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240903061303NAL0030480160001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Franklin Savings Bank
- EIN
- 01-0072660
- Plan number
- 001
- Location
- Farmington, ME
- Participants
- 228
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $61,391,633
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $61,391,633
- Employer contributions
- $166,812
- Total income / additions
- $8,349,635
- Benefits paid
- $1,376,411
- Administrative expenses
- $223,015
- Total expenses
- $1,599,426
- Net increase / (decrease)
- $6,750,209
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Pentegra Retirement Trust | NAMED FIDUCIARY | $201,127 | not reported in the loaded dataset |