2023 Form 5500 filing — Far Bank 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 20241002122607NAL0014316336001) for Far Bank Retirement Plan, reported by Far Bank under EIN 91-1046164 and plan number 001. It reports 303 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241002122607NAL0014316336001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Far Bank
- EIN
- 91-1046164
- Plan number
- 001
- Location
- Bainbridge Island, WA
- Participants
- 303
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $10,991,187
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $10,991,187
- Employer contributions
- $203,645
- Participant contributions
- $1,007,069
- Total income / additions
- $2,888,225
- Benefits paid
- $1,697,800
- Administrative expenses
- $1,763
- Total expenses
- $1,699,563
- Net increase / (decrease)
- $1,188,662
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Fidelity Investments Institutional | RECORDKEEPER | $1,763 | $0 |