2023 Form 5500 filing — The Adirondack Trust Company Employee Stock Ownership 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 20241015133007NAL0014722339001) for The Adirondack Trust Company Employee Stock Ownership Plan, reported by The Adirondack Trust Company under EIN 14-0458765 and plan number 002. It reports 569 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241015133007NAL0014722339001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- The Adirondack Trust Company
- EIN
- 14-0458765
- Plan number
- 002
- Location
- Saratoga Springs, NY
- Participants
- 569
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $71,027,588
- Total liabilities (EOY)
- $2,360
- Net assets (EOY)
- $71,025,228
- Employer contributions
- $2,439,255
- Participant contributions
- $1,084,350
- Total income / additions
- $7,785,207
- Benefits paid
- $4,920,097
- Administrative expenses
- $6,662
- Total expenses
- $4,926,759
- Net increase / (decrease)
- $2,858,448
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Futureplan By Ascensus | NONE | $6,662 | not reported in the loaded dataset |