Wayne Savings Community Bank Restated Employee Stock Ownership Plan — Form 5500 plan (Wayne Savings 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, Wayne Savings Community Bank Restated Employee Stock Ownership Plan is a benefit plan reported by Wayne Savings Community Bank under EIN 34-0606020 and plan number 002. The latest loaded filing year is 2023. The filing reports 150 participants and $2,492 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Wayne Savings Community Bank
EIN
34-0606020
Plan number
002
Plan type
2
Location
Wooster, OH
Latest filing year
2023
Participants
150
End-of-year plan assets
$2,492

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023150H, C20241010085937NAL0009837603001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$2,492
Total liabilities (EOY)
$0
Net assets (EOY)
$2,492
Net assets (BOY)
$2,307,554

Income & contributions

Employer contributions
$0
Total contributions
$0
Total income / additions
-$114,395

Expenses & distributions

Benefits paid
$2,092,970
Administrative expenses
$97,697
Total expenses
$2,190,667
Net increase / (decrease)
-$2,305,062

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Pentegra Retirement Services, Inc.NONE$0not reported in the loaded dataset2023

Related Form 5500 pages