Liberty Bank 401(K) Plan — Form 5500 plan (Liberty 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, Liberty Bank 401(K) Plan is a benefit plan reported by Liberty Bank under EIN 06-0452570 and plan number 002. The latest loaded filing year is 2023. The filing reports 918 participants and $105,002,143 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Liberty Bank
- EIN
- 06-0452570
- Plan number
- 002
- Plan type
- 2
- Location
- Middletown, CT
- Latest filing year
- 2023
- Participants
- 918
- End-of-year plan assets
- $105,002,143
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 918 | H, C | 20241011095924NAL0012348179002 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $105,002,143
- Net assets (EOY)
- $105,002,143
- Net assets (BOY)
- $83,975,119
Income & contributions
- Employer contributions
- $1,956,162
- Participant contributions
- $5,471,222
- Total contributions
- $10,008,037
- Total income / additions
- $26,643,875
Expenses & distributions
- Benefits paid
- $5,342,169
- Administrative expenses
- $274,216
- Total expenses
- $5,616,851
- Net increase / (decrease)
- $21,027,024
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Schwab Retirement Plan Services,Inc | NONE | $152,116 | not reported in the loaded dataset | 2023 |
| Nepc LLC | NONE | $92,050 | not reported in the loaded dataset | 2023 |
| Grant Thornton Llp | NONE | $47,500 | not reported in the loaded dataset | 2023 |
| Charles Schwab & Co., Inc. | NONE | $206 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Liberty Bank
- 2023 Form 5500 filing
- Form 5500 filings in CT
- 401(k) and benefit plan filings in Middletown, CT
- Schwab Retirement Plan Services,Inc — Schedule C compensation
- Nepc LLC — Schedule C compensation
- Grant Thornton Llp — Schedule C compensation
- Charles Schwab & Co., Inc. — Schedule C compensation