Employees' Incentive Savings Plan Of Emigrant Bank — Form 5500 plan (Emigrant 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, Employees' Incentive Savings Plan Of Emigrant Bank is a benefit plan reported by Emigrant Bank under EIN 65-1128000 and plan number 002. The latest loaded filing year is 2023. The filing reports 700 participants and $147,773,452 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Emigrant Bank
- EIN
- 65-1128000
- Plan number
- 002
- Plan type
- 3
- Location
- Miami, FL
- Latest filing year
- 2023
- Participants
- 700
- End-of-year plan assets
- $147,773,452
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 700 | H, C | 20241015113145NAL0049039712001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $147,773,452
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $147,773,452
- Net assets (BOY)
- $129,373,343
Income & contributions
- Employer contributions
- $2,365,241
- Participant contributions
- $5,386,592
- Total contributions
- $8,267,741
- Total income / additions
- $28,658,234
Expenses & distributions
- Benefits paid
- $10,071,025
- Administrative expenses
- $187,100
- Total expenses
- $10,258,125
- Net increase / (decrease)
- $18,400,109
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Cerity Partners Retirement Services | ADVISOR | $172,290 | not reported in the loaded dataset | 2023 |
| Newport Group, Inc. | RECORDKEEPER | $14,810 | $0 | 2023 |