Spencer Savings Bank Sla Savings Retirement 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 Savings Retirement Plan is a benefit plan reported by Spencer Savings Bank Sla under EIN 22-1296609 and plan number 002. The latest loaded filing year is 2023. The filing reports 377 participants and $45,230,420 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
- 002
- Plan type
- 2
- Location
- Elmwood Park, NJ
- Latest filing year
- 2023
- Participants
- 377
- End-of-year plan assets
- $45,230,420
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 377 | H, C | 20250625074751NAL0011201360001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $45,230,420
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $45,230,420
- Net assets (BOY)
- $41,527,564
Income & contributions
- Employer contributions
- $1,097,792
- Participant contributions
- $1,824,315
- Total contributions
- $3,447,255
- Total income / additions
- $8,511,867
Expenses & distributions
- Benefits paid
- $4,640,043
- Administrative expenses
- $168,968
- Total expenses
- $4,809,011
- Net increase / (decrease)
- $3,702,856
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $168,968 | $0 | 2023 |
| Kestra Advisory Services, LLC | INVESTMENT ADVISORY | $0 | $84,010 | 2023 |
| Morningstar Investment Management L | INV ADV, PARTICIPANTS | $0 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Spencer Savings Bank Sla
- 2023 Form 5500 filing
- Form 5500 filings in NJ
- 401(k) and benefit plan filings in Elmwood Park, NJ
- Principal Life Insurance Company — Schedule C compensation
- Kestra Advisory Services, LLC — Schedule C compensation
- Morningstar Investment Management L — Schedule C compensation