2023 Form 5500 filing — Androscoggin Savings Bank Thrift 401(K) Retirement 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 20240917131632NAL0001136499001) for Androscoggin Savings Bank Thrift 401(K) Retirement Plan, reported by Androscoggin Savings Bank under EIN 01-0020240 and plan number 002. It reports 266 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240917131632NAL0001136499001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Androscoggin Savings Bank
- EIN
- 01-0020240
- Plan number
- 002
- Location
- Lewiston, ME
- Participants
- 266
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $24,900,644
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $24,900,644
- Employer contributions
- $970,378
- Participant contributions
- $1,543,957
- Total income / additions
- $6,498,897
- Benefits paid
- $2,960,498
- Administrative expenses
- $17,377
- Total expenses
- $2,975,540
- Net increase / (decrease)
- $3,523,357
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Baker Newman & Noyes LLC | ACCOUNTANT/AUDITOR | $11,600 | not reported in the loaded dataset |
| Portland Trust Company | CONSULTANT | $7,500 | not reported in the loaded dataset |
| Strategic Advisors, Inc. | ADVISOR | $5,065 | not reported in the loaded dataset |
| Fidelity Investments Institutional | RECORDKEEPER | -$6,788 | $0 |