The Retirement Plan Of Kennebunk Savings Bank — Form 5500 plan (Kennebunk Savings 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, The Retirement Plan Of Kennebunk Savings Bank is a benefit plan reported by Kennebunk Savings Bank under EIN 01-0100600 and plan number 001. The latest loaded filing year is 2023. The filing reports 604 participants and $69,964,969 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Kennebunk Savings Bank
- EIN
- 01-0100600
- Plan number
- 001
- Plan type
- 2
- Location
- Kennebunk, ME
- Latest filing year
- 2023
- Participants
- 604
- End-of-year plan assets
- $69,964,969
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 604 | H, C | 20241011142842NAL0022039889001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $69,964,969
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $69,964,969
- Net assets (BOY)
- $64,533,583
Income & contributions
- Employer contributions
- $750,000
- Total contributions
- $750,000
- Total income / additions
- $7,814,281
Expenses & distributions
- Benefits paid
- $2,262,777
- Administrative expenses
- $120,118
- Total expenses
- $2,382,895
- Net increase / (decrease)
- $5,431,386
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Vanguard Advisors Inc | NONE | $100,458 | not reported in the loaded dataset | 2023 |
| Vanguard Fiduciary Trust Company | NONE | $17,160 | not reported in the loaded dataset | 2023 |