Leader Bank 401k Plan — Form 5500 plan (Leader 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, Leader Bank 401k Plan is a benefit plan reported by Leader Bank under EIN 04-3557920 and plan number 001. The latest loaded filing year is 2023. The filing reports 423 participants and $47,834,466 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Leader Bank
- EIN
- 04-3557920
- Plan number
- 001
- Plan type
- 2
- Location
- Arlington, MA
- Latest filing year
- 2023
- Participants
- 423
- End-of-year plan assets
- $47,834,466
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 423 | H, C | 20241002132227NAL0014385904001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $47,834,466
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $47,834,466
- Net assets (BOY)
- $37,301,186
Income & contributions
- Employer contributions
- $594,947
- Participant contributions
- $3,423,405
- Total contributions
- $4,785,652
- Total income / additions
- $13,528,854
Expenses & distributions
- Benefits paid
- $2,982,072
- Administrative expenses
- $7,410
- Total expenses
- $2,995,574
- Net increase / (decrease)
- $10,533,280
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Strategic Advisors, Inc. | ADVISOR | $26,661 | not reported in the loaded dataset | 2023 |
| Lion Street Advisors, LLC | CONSULTANT | $20,000 | not reported in the loaded dataset | 2023 |
| Marcum Llp | ACCOUNTANT/AUDITOR | $13,500 | not reported in the loaded dataset | 2023 |
| Fidelity Investments Institutional | RECORDKEEPER | -$52,751 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Leader Bank
- 2023 Form 5500 filing
- Form 5500 filings in MA
- 401(k) and benefit plan filings in Arlington, MA
- Strategic Advisors, Inc. — Schedule C compensation
- Lion Street Advisors, LLC — Schedule C compensation
- Marcum Llp — Schedule C compensation
- Fidelity Investments Institutional — Schedule C compensation