2023 Form 5500 filing — Needham Bank 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 20251008140536NAL0013591458001) for Needham Bank Employee Stock Ownership Plan, reported by Needham Bank under EIN 84-3556185 and plan number 002. It reports 284 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials).

Form 5500 2 · 2023

Filing snapshot

Net assets (EOY)-$323.6KReported net assets-$323,550
Participants284
Provider compensationNone reported
Schedules filedSchedule HLoaded schedules
EFAST2 acknowledgement
20251008140536NAL0013591458001
Plan sponsor
Needham Bank
EIN
84-3556185
Plan number
002
Location
Needham, MA
Received date
not reported in the loaded dataset
Schedule H · 2023

Reported financial snapshot

Reported figures as filed, in whole dollars. Only fields the filing reports are shown.

Reported balance (end of year)$13.4M total assets
Net assets-$323.6KLiabilities$13.8M
Money in vs. money out
Total income / additions-$323.6K
Total expenses$0
Benefits paid / distributions$0
Full reported line items
Total assets (EOY)
$13,446,450
Total liabilities (EOY)
$13,770,000
Net assets (EOY)
-$323,550
Total income / additions
-$323,550
Benefits paid
$0
Administrative expenses
$0
Total expenses
$0
Net increase / (decrease)
-$323,550

Related Form 5500 pages