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, Penns Woods Bancorp, Inc. 401(K) Plan is a benefit plan reported by Penns Woods Bancorp, Inc. under EIN 23-2226454 and plan number 001. The latest loaded filing year is 2023. The filing reports 326 participants and $18,537,978 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $18,537,978
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $18,537,978
- Net assets (BOY)
- $14,639,260
Income & contributions
- Employer contributions
- $540,907
- Participant contributions
- $1,283,898
- Total contributions
- $1,859,976
- Total income / additions
- $4,304,340
Expenses & distributions
- Benefits paid
- $346,231
- Administrative expenses
- $59,391
- Total expenses
- $405,622
- Net increase / (decrease)
- $3,898,718