Mascoma Bank 401(K) Profit Sharing Plan — Form 5500 plan (Mascoma 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, Mascoma Bank 401(K) Profit Sharing Plan is a benefit plan reported by Mascoma Bank under EIN 02-0163906 and plan number 002. The latest loaded filing year is 2023. The filing reports 500 participants and $64,905,265 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Mascoma Bank
- EIN
- 02-0163906
- Plan number
- 002
- Plan type
- 2
- Location
- Lebanon, NH
- Latest filing year
- 2023
- Participants
- 500
- End-of-year plan assets
- $64,905,265
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 500 | H, C | 20240723152532NAL0006753411001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $64,905,265
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $64,905,265
- Net assets (BOY)
- $56,474,237
Income & contributions
- Employer contributions
- $2,795,705
- Participant contributions
- $3,279,026
- Total contributions
- $6,968,367
- Total income / additions
- $16,552,047
Expenses & distributions
- Benefits paid
- $8,051,270
- Administrative expenses
- $69,749
- Total expenses
- $8,121,019
- Net increase / (decrease)
- $8,431,028
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| T Rowe Price Rps Inc | NONE | $53,499 | $0 | 2023 |
| Berrydunn | NONE | $16,250 | not reported in the loaded dataset | 2023 |