Cambridge Bancorp Savings Investment Plan — Form 5500 plan (Cambridge Trust Company)
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, Cambridge Bancorp Savings Investment Plan is a benefit plan reported by Cambridge Trust Company under EIN 04-1145370 and plan number 002. The latest loaded filing year is 2023. The filing reports 593 participants and $73,702,095 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Cambridge Trust Company
- EIN
- 04-1145370
- Plan number
- 002
- Plan type
- 2
- Location
- Burlington, MA
- Latest filing year
- 2023
- Participants
- 593
- End-of-year plan assets
- $73,702,095
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 593 | H, C | 20241011091449NAL0010761395001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $73,702,095
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $73,702,095
- Net assets (BOY)
- $64,097,305
Income & contributions
- Employer contributions
- $1,894,512
- Participant contributions
- $4,044,045
- Total contributions
- $7,410,445
- Total income / additions
- $18,783,605
Expenses & distributions
- Benefits paid
- $9,023,598
- Administrative expenses
- $155,217
- Total expenses
- $9,178,815
- Net increase / (decrease)
- $9,604,790
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Sentinel Benefits Group, LLC | N/A | $77,028 | not reported in the loaded dataset | 2023 |
| Sentinel Pension Advisors | N/A | $59,684 | not reported in the loaded dataset | 2023 |
| Charles Schwab Trust Bank | N/A | $18,506 | not reported in the loaded dataset | 2023 |