Harborone 401(K) Plan — Form 5500 plan (Harborone 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, Harborone 401(K) Plan is a benefit plan reported by Harborone Bank under EIN 04-1123040 and plan number 002. The latest loaded filing year is 2023. The filing reports 648 participants and $79,439,463 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Harborone Bank
- EIN
- 04-1123040
- Plan number
- 002
- Plan type
- 2
- Location
- Brockton, MA
- Latest filing year
- 2023
- Participants
- 648
- End-of-year plan assets
- $79,439,463
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 648 | H, C | 20240710084922NAL0014641441001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $79,439,463
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $79,439,463
- Net assets (BOY)
- $79,428,302
Income & contributions
- Employer contributions
- $993,534
- Participant contributions
- $3,380,983
- Total contributions
- $4,555,281
- Total income / additions
- $13,145,000
Expenses & distributions
- Benefits paid
- $11,764,351
- Administrative expenses
- $138,936
- Total expenses
- $11,905,985
- Net increase / (decrease)
- $1,239,015
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| John Hancock | RETAINED BY EMPLOYER | $70,936 | $0 | 2023 |
| Mma Securities, LLC | INVESTMENT ADVISORY | $40,000 | not reported in the loaded dataset | 2023 |
| Gray, Gray & Gray | AUDITOR | $28,000 | not reported in the loaded dataset | 2023 |