2023 Form 5500 filing — Peoples Security Bank 401(K) Profit Sharing 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 20241010133033NAL0011503971001) for Peoples Security Bank 401(K) Profit Sharing Plan, reported by Peoples Security Bank & Trust Company under EIN 24-0603570 and plan number 004. It reports 522 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241010133033NAL0011503971001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Peoples Security Bank & Trust Company
- EIN
- 24-0603570
- Plan number
- 004
- Location
- Scranton, PA
- Participants
- 522
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $46,780,833
- Total liabilities (EOY)
- $100,746
- Net assets (EOY)
- $46,680,087
- Employer contributions
- $2,037,168
- Participant contributions
- $1,405,738
- Total income / additions
- $9,702,735
- Benefits paid
- $4,050,541
- Administrative expenses
- $118,854
- Total expenses
- $4,169,395
- Net increase / (decrease)
- $5,533,340
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Conrad Siegel Investment Advisors | NONE | $51,992 | not reported in the loaded dataset |
| Conrad Siegel | NONE | $45,741 | not reported in the loaded dataset |
| Charles Schwab Bank | NONE | $21,121 | $0 |
| Fidelity & Research Company | NONE | $0 | $0 |