Severn Savings Bank, Fsb Employee Stock Ownership Plan — Form 5500 plan (Severn Savings Bank, Fsb)
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, Severn Savings Bank, Fsb Employee Stock Ownership Plan is a benefit plan reported by Severn Savings Bank, Fsb under EIN 52-0792362 and plan number 002. The latest loaded filing year is 2023. The filing reports 23 participants and $0 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Severn Savings Bank, Fsb
- EIN
- 52-0792362
- Plan number
- 002
- Plan type
- 2
- Location
- Easton, MD
- Latest filing year
- 2023
- Participants
- 23
- End-of-year plan assets
- $0
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 23 | I | 20241015144654NAL0058213426001 |
Reported financial statement (2023 · Schedule I)
Net assets
- Total assets (EOY)
- $0
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $0
- Net assets (BOY)
- $154,385
Income & contributions
- Total income / additions
- -$99,104
Expenses & distributions
- Benefits paid
- $55,281
- Total expenses
- $55,281
- Net increase / (decrease)
- -$154,385
Service provider compensation (Schedule C)
No Schedule C service provider compensation is loaded for this plan yet.