2023 Form 5500 filing — The Mechanics Bank Retirement Plan & Trust
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 20241015163449NAL0015090627001) for The Mechanics Bank Retirement Plan & Trust, reported by Mechanics Bank under EIN 94-0672780 and plan number 002. It reports 803 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241015163449NAL0015090627001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Mechanics Bank
- EIN
- 94-0672780
- Plan number
- 002
- Location
- Walnut Creek, CA
- Participants
- 803
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $59,001,244
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $59,001,244
- Total income / additions
- $6,291,726
- Benefits paid
- $3,383,453
- Administrative expenses
- $98,343
- Total expenses
- $3,481,796
- Net increase / (decrease)
- $2,809,930
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Pension Benefit Information, LLC | SEARCH FIRM | $10,440 | not reported in the loaded dataset |
| Mercer | ACTUARY | $7,825 | not reported in the loaded dataset |