Nextier Retirement Savings Plan — Form 5500 plan (Nextier Bank, N.A.)

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, Nextier Retirement Savings Plan is a benefit plan reported by Nextier Bank, N.A. under EIN 25-0660700 and plan number 001. The latest loaded filing year is 2023. The filing reports 338 participants and $18,854,584 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Nextier Bank, N.A.
EIN
25-0660700
Plan number
001
Plan type
2
Location
Butler, PA
Latest filing year
2023
Participants
338
End-of-year plan assets
$18,854,584

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023338H, C20240717132252NAL0004418625001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$18,854,584
Total liabilities (EOY)
$18,896
Net assets (EOY)
$18,835,688
Net assets (BOY)
$15,831,746

Income & contributions

Employer contributions
$403,950
Participant contributions
$1,193,864
Total contributions
$2,224,158
Total income / additions
$4,905,631

Expenses & distributions

Benefits paid
$1,814,514
Administrative expenses
$83,024
Total expenses
$1,901,689
Net increase / (decrease)
$3,003,942

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Stancorp Financial GroupNONE$42,537$622023
Private Advisor Group, LLCNONE$40,843not reported in the loaded dataset2023

Related Form 5500 pages