Banco Santander Usa Offices Retirement Plan — Form 5500 plan (Banco Santander S.A. New York Branch)
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, Banco Santander Usa Offices Retirement Plan is a benefit plan reported by Banco Santander S.A. New York Branch under EIN 13-2617929 and plan number 001. The latest loaded filing year is 2023. The filing reports 1,216 participants and $162,100,423 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Banco Santander S.A. New York Branch
- EIN
- 13-2617929
- Plan number
- 001
- Plan type
- 2
- Location
- New York, NY
- Latest filing year
- 2023
- Participants
- 1,216
- End-of-year plan assets
- $162,100,423
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 1,216 | H, C | 20241014162339NAL0027849473001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $162,100,423
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $162,100,423
- Net assets (BOY)
- $153,873,588
Income & contributions
- Employer contributions
- $818,000
- Total contributions
- $818,000
- Total income / additions
- $14,134,978
Expenses & distributions
- Benefits paid
- $5,415,063
- Administrative expenses
- $493,080
- Total expenses
- $5,908,143
- Net increase / (decrease)
- $8,226,835
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Towers Watson Investment Services | INVESTMENT CONSULTANT | $223,339 | not reported in the loaded dataset | 2023 |
| Willis Towers Watson Us LLC | NONE | $48,775 | not reported in the loaded dataset | 2023 |
| Principal Trust Company | TRUSTEE | $35,706 | not reported in the loaded dataset | 2023 |
| Korn Ferry (Us) | NONE | $26,880 | not reported in the loaded dataset | 2023 |
| Herbein + Company, Inc. | NONE | $22,500 | not reported in the loaded dataset | 2023 |
| Blackrock Institutional Trust Co | INVESTMENT MANAGER | $13,206 | not reported in the loaded dataset | 2023 |
| State Street Global Advsrs Trust Co | INVESTMENT MANAGER | $6,069 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Banco Santander S.A. New York Branch
- 2023 Form 5500 filing
- Form 5500 filings in NY
- 401(k) and benefit plan filings in New York, NY
- Towers Watson Investment Services — Schedule C compensation
- Willis Towers Watson Us LLC — Schedule C compensation
- Principal Trust Company — Schedule C compensation
- Korn Ferry (Us) — Schedule C compensation
- Herbein + Company, Inc. — Schedule C compensation
- Blackrock Institutional Trust Co — Schedule C compensation
- State Street Global Advsrs Trust Co — Schedule C compensation