Plan5500

Lakeland Bancorp, Inc. Salary Savings 401(K) Plan And Trust — Form 5500 plan (Lakeland Bancorp, Inc.)

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, Lakeland Bancorp, Inc. Salary Savings 401(K) Plan And Trust is a benefit plan reported by Lakeland Bancorp, Inc. under EIN 22-2953275 and plan number 002. The latest loaded filing year is 2023. The filing reports 1,135 participants and $107,411,350 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Lakeland Bancorp, Inc.
EIN
22-2953275
Plan number
002
Plan type
2
Location
Oak Ridge, NJ
Latest filing year
2023
Participants
1,135
End-of-year plan assets
$107,411,350

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20231,135H, C20241015112824NAL0055769266001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$107,411,350
Total liabilities (EOY)
$0
Net assets (EOY)
$107,411,350
Net assets (BOY)
$92,292,185

Income & contributions

Employer contributions
$2,196,098
Participant contributions
$6,913,105
Total contributions
$9,472,845
Total income / additions
$24,320,750

Expenses & distributions

Benefits paid
$8,999,362
Administrative expenses
$202,223
Total expenses
$9,201,585
Net increase / (decrease)
$15,119,165

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
John Hancock Retirement Plan SrvcsRETAINED BY EMPLOYER$131,723$02023
Gallagher Fiduciary Advisors, LLCRETAINED BY EMPLOYER$50,000not reported in the loaded dataset2023
Nisivoccia LlpRETAINED BY EMPLOYER$20,500not reported in the loaded dataset2023

Related Form 5500 pages