Manasquan Bank 401(K) Plan — Form 5500 plan (Manasquan 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, Manasquan Bank 401(K) Plan is a benefit plan reported by Manasquan Bank under EIN 21-0506080 and plan number 002. The latest loaded filing year is 2023. The filing reports 273 participants and $31,248,110 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Manasquan Bank
- EIN
- 21-0506080
- Plan number
- 002
- Plan type
- 2
- Location
- Wall Township, NJ
- Latest filing year
- 2023
- Participants
- 273
- End-of-year plan assets
- $31,248,110
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 273 | H, C | 20240628052612NAL0000151585001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $31,248,110
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $31,248,110
- Net assets (BOY)
- $24,913,213
Income & contributions
- Employer contributions
- $1,457,052
- Participant contributions
- $1,595,811
- Total contributions
- $3,540,975
- Total income / additions
- $7,973,842
Expenses & distributions
- Benefits paid
- $1,553,644
- Administrative expenses
- $84,435
- Total expenses
- $1,638,945
- Net increase / (decrease)
- $6,334,897
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Global Retirement Partners | INVESTMENT/FINANCIAL ADVI | $77,696 | $0 | 2023 |
| Adp, Inc. | RECORD KEEPER | $6,739 | $0 | 2023 |
| Adp Broker-Dealer | RECORD KEEPER | $0 | $0 | 2023 |