William Penn Bank 401(K) Retirement Savings Plan — Form 5500 plan (William Penn 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, William Penn Bank 401(K) Retirement Savings Plan is a benefit plan reported by William Penn Bank under EIN 23-0953930 and plan number 002. The latest loaded filing year is 2023. The filing reports 131 participants and $9,749,669 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- William Penn Bank
- EIN
- 23-0953930
- Plan number
- 002
- Plan type
- 2
- Location
- Bristol, PA
- Latest filing year
- 2023
- Participants
- 131
- End-of-year plan assets
- $9,749,669
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 131 | H, C | 20240628083124NAL0000181219001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $9,749,669
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $9,749,669
- Net assets (BOY)
- $8,802,721
Income & contributions
- Employer contributions
- $444,154
- Participant contributions
- $574,063
- Total contributions
- $1,032,468
- Total income / additions
- $2,228,802
Expenses & distributions
- Benefits paid
- $1,278,822
- Administrative expenses
- $3,032
- Total expenses
- $1,281,854
- Net increase / (decrease)
- $946,948
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Fidelity Investments Institutional | RECORDKEEPER | $3,032 | $0 | 2023 |