Lincoln Bancorp Employee Stock Ownership Plan — Form 5500 plan (Lincoln Bancorp)
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, Lincoln Bancorp Employee Stock Ownership Plan is a benefit plan reported by Lincoln Bancorp under EIN 42-1224950 and plan number 002. The latest loaded filing year is 2023. The filing reports 478 participants and $16,699,860 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Lincoln Bancorp
- EIN
- 42-1224950
- Plan number
- 002
- Plan type
- 2
- Location
- Waterloo, IA
- Latest filing year
- 2023
- Participants
- 478
- End-of-year plan assets
- $16,699,860
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 478 | H | 20241015161254NAL0057166898001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $16,699,860
- Total liabilities (EOY)
- $3,445,816
- Net assets (EOY)
- $13,254,044
- Net assets (BOY)
- $17,300,599
Income & contributions
- Employer contributions
- $1,414,574
- Total contributions
- $1,414,574
- Total income / additions
- -$2,093,601
Expenses & distributions
- Benefits paid
- $1,802,520
- Administrative expenses
- $4,715
- Total expenses
- $1,952,954
- Net increase / (decrease)
- -$4,046,555
Service provider compensation (Schedule C)
No Schedule C service provider compensation is loaded for this plan yet.