Sbera 401(K) Plan As Adopted By Northeast Bank — Form 5500 plan (Northeast Bank)

Plain-English plan 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, Sbera 401(K) Plan As Adopted By Northeast Bank is a benefit plan reported by Northeast Bank under EIN 01-0029040 and plan number 002. The latest loaded filing year is 2023. The filing reports 273 participants and $22,673,412 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Northeast Bank
EIN
01-0029040
Plan number
002
Plan type
2
Location
Lewiston, ME
Latest filing year
2023
Participants
273
End-of-year plan assets
$22,673,412

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023273H20240730071500NAL0031196176001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$22,673,412
Total liabilities (EOY)
$0
Net assets (EOY)
$22,673,412
Net assets (BOY)
$18,021,776

Income & contributions

Employer contributions
$501,818
Participant contributions
$1,579,301
Total contributions
$2,541,078
Total income / additions
$5,881,389

Expenses & distributions

Benefits paid
$1,229,113
Administrative expenses
$640
Total expenses
$1,229,753
Net increase / (decrease)
$4,651,636

Service provider compensation (Schedule C)

No Schedule C service provider compensation is loaded for this plan yet.

Related Form 5500 pages