Plan5500

Spencer Savings Bank, Sla Employees' Pension Plan — Form 5500 plan (Spencer Savings Bank, Sla)

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, Spencer Savings Bank, Sla Employees' Pension Plan is a benefit plan reported by Spencer Savings Bank, Sla under EIN 22-1296609 and plan number 001. The latest loaded filing year is 2023. The filing reports 328 participants and $70,934,624 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Spencer Savings Bank, Sla
EIN
22-1296609
Plan number
001
Plan type
2
Location
Elmwood Park, NJ
Latest filing year
2023
Participants
328
End-of-year plan assets
$70,934,624

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023328H, C20260320120506NAL0004968065001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$70,934,624
Total liabilities (EOY)
$0
Net assets (EOY)
$70,934,624
Net assets (BOY)
$60,390,309

Income & contributions

Total contributions
$0
Total income / additions
$14,000,729

Expenses & distributions

Benefits paid
$3,261,525
Administrative expenses
$194,889
Total expenses
$3,456,414
Net increase / (decrease)
$10,544,315

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$163,305$02023
Kestra Advisory Services, LLCINVESTMENT ADVISORY$0$61,8012023
Principal Global Investors LLCINVESTMENT ADVISORY$0$1,5002023

Related Form 5500 pages