Lee Bank 401(K) Plan — Form 5500 plan (Lee 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, Lee Bank 401(K) Plan is a benefit plan reported by Lee Bank under EIN 04-3158399 and plan number 002. The latest loaded filing year is 2023. The filing reports 125 participants and $16,125,701 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Lee Bank
- EIN
- 04-3158399
- Plan number
- 002
- Plan type
- 2
- Location
- Lee, MA
- Latest filing year
- 2023
- Participants
- 125
- End-of-year plan assets
- $16,125,701
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 125 | H, C | 20241002154858NAL0008573937001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $16,125,701
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $16,125,701
- Net assets (BOY)
- $13,213,053
Income & contributions
- Employer contributions
- $376,366
- Participant contributions
- $608,204
- Total contributions
- $1,077,474
- Total income / additions
- $3,743,984
Expenses & distributions
- Benefits paid
- $831,053
- Administrative expenses
- $283
- Total expenses
- $831,336
- Net increase / (decrease)
- $2,912,648
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Mmlis | BROKER/ADVISOR | $0 | $30,266 | 2023 |
| Strategic Pension Services, LLC | THIRD PARTY ADMIN | $2,302 | $9,908 | 2023 |
| Empower Annuity Ins. Co Of America | RECORDKEEPER | $405 | not reported in the loaded dataset | 2023 |
| Empower Advisory Group, LLC | INVESTMENT MANAGEMENT | $353 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Lee Bank
- 2023 Form 5500 filing
- Form 5500 filings in MA
- 401(k) and benefit plan filings in Lee, MA
- Mmlis — Schedule C compensation
- Strategic Pension Services, LLC — Schedule C compensation
- Empower Annuity Ins. Co Of America — Schedule C compensation
- Empower Advisory Group, LLC — Schedule C compensation