Peoples Security Bank 401(K) Profit Sharing Plan — Form 5500 plan (Peoples Security Bank & Trust Company)

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, Peoples Security Bank 401(K) Profit Sharing Plan is a benefit plan reported by Peoples Security Bank & Trust Company under EIN 24-0603570 and plan number 004. The latest loaded filing year is 2023. The filing reports 522 participants and $46,780,833 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Peoples Security Bank & Trust Company
EIN
24-0603570
Plan number
004
Plan type
2
Location
Scranton, PA
Latest filing year
2023
Participants
522
End-of-year plan assets
$46,780,833

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023522H, C20241010133033NAL0011503971001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$46,780,833
Total liabilities (EOY)
$100,746
Net assets (EOY)
$46,680,087
Net assets (BOY)
$41,146,747

Income & contributions

Employer contributions
$2,037,168
Participant contributions
$1,405,738
Total contributions
$3,657,357
Total income / additions
$9,702,735

Expenses & distributions

Benefits paid
$4,050,541
Administrative expenses
$118,854
Total expenses
$4,169,395
Net increase / (decrease)
$5,533,340

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Conrad Siegel Investment AdvisorsNONE$51,992not reported in the loaded dataset2023
Conrad SiegelNONE$45,741not reported in the loaded dataset2023
Charles Schwab BankNONE$21,121$02023
Fidelity & Research CompanyNONE$0$02023

Related Form 5500 pages