Pension Plan Of The Milford Bank — Form 5500 plan (The Milford 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, Pension Plan Of The Milford Bank is a benefit plan reported by The Milford Bank under EIN 06-0453420 and plan number 001. The latest loaded filing year is 2023. The filing reports 107 participants and $0 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$0Plan net assets, end of year
Participants107Covered participants reported
Assets / participant$0Computed: assets ÷ participants$0 (computed)
Provider compensation$72.3K1 Schedule C provider row(s)$72,294
Plan sponsor
The Milford Bank
EIN
06-0453420
Plan number
001
Plan type
2
Location
Milford, CT
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023107H, C20240723110413NAL0018078816001
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Money in vs. money out
Total income / additions$1.5M
Total expenses$5.5K
Benefits paid / distributions$3.1K
Contributions
Employer$1.3M
ParticipantNot reported
Full reported line items

Net assets

Total assets (EOY)
$0
Total liabilities (EOY)
$0
Net assets (EOY)
$0
Net assets (BOY)
-$1,485,664

Income & contributions

Employer contributions
$1,339,758
Total contributions
$1,339,758
Total income / additions
$1,491,208

Expenses & distributions

Benefits paid
$3,083
Administrative expenses
$2,461
Total expenses
$5,544
Net increase / (decrease)
$1,485,664
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Benefits paid ÷ total income0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$72,294$02023

Related Form 5500 pages