Watertown Savings Bank 401(K) Retirement Plan — Form 5500 plan (Watertown Savings 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, Watertown Savings Bank 401(K) Retirement Plan is a benefit plan reported by Watertown Savings Bank under EIN 15-0486160 and plan number 003. The latest loaded filing year is 2023. The filing reports 131 participants and $27,325,931 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Watertown Savings Bank
- EIN
- 15-0486160
- Plan number
- 003
- Plan type
- 2
- Location
- Watertown, NY
- Latest filing year
- 2023
- Participants
- 131
- End-of-year plan assets
- $27,325,931
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 131 | H | 20241015102812NAL0029252449001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $27,325,931
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $27,325,931
- Net assets (BOY)
- $22,555,633
Income & contributions
- Employer contributions
- $863,165
- Participant contributions
- $592,504
- Total contributions
- $1,512,624
- Total income / additions
- $5,255,279
Expenses & distributions
- Benefits paid
- $473,049
- Administrative expenses
- $9,891
- Total expenses
- $484,981
- Net increase / (decrease)
- $4,770,298
Service provider compensation (Schedule C)
No Schedule C service provider compensation is loaded for this plan yet.