2023 Form 5500 filing — Malvern Bank National Association Group Health Benefit 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 20241115110856NAL0000928705001) for Malvern Bank National Association Group Health Benefit Plan, reported by Malvern Bank, National Association under EIN 23-0835060 and plan number 501. It reports 53 participants. Attached schedules in the loaded dataset include Schedule I (small plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241115110856NAL0000928705001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Malvern Bank, National Association
- EIN
- 23-0835060
- Plan number
- 501
- Location
- Paoli, PA
- Participants
- 53
- Schedules available
- Schedule I, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $49,794
- Total liabilities (EOY)
- $2,515
- Net assets (EOY)
- $47,279
- Employer contributions
- -$228
- Participant contributions
- $0
- Total income / additions
- $179
- Benefits paid
- -$14,310
- Administrative expenses
- $0
- Total expenses
- -$14,166
- Net increase / (decrease)
- $14,345
- Schedule source
- Schedule I
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Pbasc | ADMIN | -$6 | not reported in the loaded dataset |
| L. R. Webber Associates, Inc. | BROKER | -$18 | not reported in the loaded dataset |
| The Benecon Group | BROKER | -$57 | not reported in the loaded dataset |