Pioneer Bank 401(K) Savings Plan — Form 5500 plan (Pioneer 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, Pioneer Bank 401(K) Savings Plan is a benefit plan reported by Pioneer Bank under EIN 14-0970570 and plan number 002. The latest loaded filing year is 2023. The filing reports 376 participants and $23,102,531 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Pioneer Bank
- EIN
- 14-0970570
- Plan number
- 002
- Plan type
- 2
- Location
- Albany, NY
- Latest filing year
- 2023
- Participants
- 376
- End-of-year plan assets
- $23,102,531
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 376 | H, C | 20240710101729NAL0023815760001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $23,102,531
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $23,102,531
- Net assets (BOY)
- $20,518,766
Income & contributions
- Employer contributions
- $502,091
- Participant contributions
- $1,428,761
- Total contributions
- $1,983,314
- Total income / additions
- $4,819,415
Expenses & distributions
- Benefits paid
- $2,160,886
- Administrative expenses
- $43,044
- Total expenses
- $2,235,650
- Net increase / (decrease)
- $2,583,765
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Pentegra Services, Inc | RECORDKEEPER | $43,043 | $0 | 2023 |