Webster Five Cents Savings Bank 401(K) Plan — Form 5500 plan (Webster Five Cents 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, Webster Five Cents Savings Bank 401(K) Plan is a benefit plan reported by Webster Five Cents Savings Bank under EIN 04-1953630 and plan number 002. The latest loaded filing year is 2023. The filing reports 232 participants and $27,889,853 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Webster Five Cents Savings Bank
- EIN
- 04-1953630
- Plan number
- 002
- Plan type
- 2
- Location
- Auburn, MA
- Latest filing year
- 2023
- Participants
- 232
- End-of-year plan assets
- $27,889,853
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 232 | H, C | 20240911094620NAL0003555107001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $27,889,853
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $27,889,853
- Net assets (BOY)
- $24,362,036
Income & contributions
- Employer contributions
- $826,272
- Participant contributions
- $1,036,661
- Total contributions
- $2,169,544
- Total income / additions
- $6,506,788
Expenses & distributions
- Benefits paid
- $2,950,638
- Administrative expenses
- $28,333
- Total expenses
- $2,978,971
- Net increase / (decrease)
- $3,527,817
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Fidelity Investments Institutional | RECORDKEEPER | $28,333 | not reported in the loaded dataset | 2023 |