2023 Form 5500 filing — Newtown Savings Bank Employees' 401(K) Savings 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 20250624114347NAL0007216705001) for Newtown Savings Bank Employees' 401(K) Savings Plan, reported by Newtown Savings Bank under EIN 06-0472240 and plan number 002. It reports 381 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20250624114347NAL0007216705001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Newtown Savings Bank
- EIN
- 06-0472240
- Plan number
- 002
- Location
- Newtown, CT
- Participants
- 381
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $37,501,480
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $37,501,480
- Employer contributions
- $842,346
- Participant contributions
- $1,228,832
- Total income / additions
- $10,720,146
- Benefits paid
- $4,145,512
- Administrative expenses
- $100,460
- Total expenses
- $4,245,972
- Net increase / (decrease)
- $6,474,174
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Hooker & Holcombe Retirement Servic | NONE | $35,003 | not reported in the loaded dataset |
| Usi Consulting Group, Inc. | NONE | $25,468 | not reported in the loaded dataset |
| Wolf & Company, P.C. | NONE | $15,750 | not reported in the loaded dataset |
| Usi Advisors, Inc. | NONE | $12,299 | not reported in the loaded dataset |
| Hooker & Holcombe Investment Adviso | NONE | $11,940 | not reported in the loaded dataset |
| Charles Schwab Trust Bank | NONE | $0 | not reported in the loaded dataset |
| Charles Schwab & Co., Inc. | NONE | $0 | not reported in the loaded dataset |