Harborone Bank Employee Stock Ownership 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 Bank Employee Stock Ownership Plan is a benefit plan reported by Harborone Bank under EIN 04-1123040 and plan number 003. The latest loaded filing year is 2023. The filing reports 554 participants and $53,638,327 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Harborone Bank
- EIN
- 04-1123040
- Plan number
- 003
- Plan type
- 2
- Location
- Brockton, MA
- Latest filing year
- 2023
- Participants
- 554
- End-of-year plan assets
- $53,638,327
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 554 | H | 20241010135133NAL0020198257001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $53,638,327
- Total liabilities (EOY)
- $28,119,200
- Net assets (EOY)
- $25,519,127
- Net assets (BOY)
- $33,870,072
Income & contributions
- Employer contributions
- $2,281,022
- Total contributions
- $2,281,022
- Total income / additions
- -$5,123,225
Expenses & distributions
- Benefits paid
- $1,029,684
- Administrative expenses
- $4,864
- Total expenses
- $3,227,720
- Net increase / (decrease)
- -$8,350,945
Service provider compensation (Schedule C)
No Schedule C service provider compensation is loaded for this plan yet.