2023 Form 5500 filing — Peoples Security Bank And Trust Company Group Health 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 20241003152857NAL0017965664001) for Peoples Security Bank And Trust Company Group Health Plan, reported by Peoples Security Bank & Trust Company under EIN 24-0603570 and plan number 502. It reports 280 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241003152857NAL0017965664001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Peoples Security Bank & Trust Company
- EIN
- 24-0603570
- Plan number
- 502
- Location
- Scranton, PA
- Participants
- 280
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $1,133,882
- Total liabilities (EOY)
- $67,051
- Net assets (EOY)
- $1,066,831
- Employer contributions
- $2,750,566
- Participant contributions
- $1,064,799
- Total income / additions
- $3,821,394
- Benefits paid
- $2,898,408
- Administrative expenses
- $962,470
- Total expenses
- $3,860,878
- Net increase / (decrease)
- -$39,484
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Unimerica Insurance Company | NONE | $839,119 | not reported in the loaded dataset |
| L. R. Webber Associates, Inc. | NONE | $39,281 | not reported in the loaded dataset |
| The Benecon Group, Inc. | NONE | $36,046 | not reported in the loaded dataset |
| Highmark | NONE | $34,258 | not reported in the loaded dataset |
| Pbasc | NONE | $9,051 | not reported in the loaded dataset |