Builtwell Bancorp Inc. 401(K) Plan — Form 5500 plan (Builtwell Bancorp Inc.)
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, Builtwell Bancorp Inc. 401(K) Plan is a benefit plan reported by Builtwell Bancorp Inc. under EIN 62-1104098 and plan number 001. The latest loaded filing year is 2023. The filing reports 341 participants and $19,771,992 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Builtwell Bancorp Inc.
- EIN
- 62-1104098
- Plan number
- 001
- Plan type
- 2
- Location
- Chattanooga, TN
- Latest filing year
- 2023
- Participants
- 341
- End-of-year plan assets
- $19,771,992
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 341 | H, C | 20240729112522NAL0019263025001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $19,771,992
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $19,771,992
- Net assets (BOY)
- $16,199,881
Income & contributions
- Employer contributions
- $642,266
- Participant contributions
- $1,150,622
- Total contributions
- $2,073,734
- Total income / additions
- $4,690,136
Expenses & distributions
- Benefits paid
- $1,028,727
- Administrative expenses
- $84,058
- Total expenses
- $1,118,025
- Net increase / (decrease)
- $3,572,111
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Voya Retirement Insurance & Annuity | SERVICE PROVIDER | $70,582 | $0 | 2023 |
| Mauldin And Jenkins | SERVICE PROVIDER | $11,800 | not reported in the loaded dataset | 2023 |