Penn Community Bank Retirement Plan — Form 5500 plan (Penn Community 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, Penn Community Bank Retirement Plan is a benefit plan reported by Penn Community Bank under EIN 23-1330248 and plan number 002. The latest loaded filing year is 2023. The filing reports 395 participants and $36,310,538 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Penn Community Bank
- EIN
- 23-1330248
- Plan number
- 002
- Plan type
- 2
- Location
- Perkasie, PA
- Latest filing year
- 2023
- Participants
- 395
- End-of-year plan assets
- $36,310,538
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 395 | H, C | 20240926101912NAL0000328995001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $36,310,538
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $36,310,538
- Net assets (BOY)
- $33,410,608
Income & contributions
- Employer contributions
- $1,404,289
- Participant contributions
- $2,003,710
- Total contributions
- $3,617,100
- Total income / additions
- $9,404,765
Expenses & distributions
- Benefits paid
- $6,376,866
- Administrative expenses
- $127,969
- Total expenses
- $6,504,835
- Net increase / (decrease)
- $2,899,930
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Whartonhill Advisors, LLC | ADVISOR | $69,166 | not reported in the loaded dataset | 2023 |
| Newport Group, Inc. | RECORDKEEPER | $53,302 | $0 | 2023 |
| Maillie, Llp | AUDITOR | $5,500 | not reported in the loaded dataset | 2023 |