Savibank 401(K) Retirement Plan & Trust — Form 5500 plan (Savi Financial Corporation)

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, Savibank 401(K) Retirement Plan & Trust is a benefit plan reported by Savi Financial Corporation under EIN 82-3841877 and plan number 001. The latest loaded filing year is 2023. The filing reports 163 participants and $9,237,714 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Savi Financial Corporation
EIN
82-3841877
Plan number
001
Plan type
2
Location
Mount Vernon, WA
Latest filing year
2023
Participants
163
End-of-year plan assets
$9,237,714

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023163H, C20241015180544NAL0017016051001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$9,237,714
Total liabilities (EOY)
$0
Net assets (EOY)
$9,237,714
Net assets (BOY)
$7,214,470

Income & contributions

Employer contributions
$422,892
Participant contributions
$937,543
Total contributions
$1,813,521
Total income / additions
$2,958,987

Expenses & distributions

Benefits paid
$894,076
Administrative expenses
$25,177
Total expenses
$935,743
Net increase / (decrease)
$2,023,244

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
American United Life Insurance CoNONE$1,978$35,6852023
Edward D Jones And CoNONE$0$26,9772023
Mid Atlantic Trust Company Fbo Lrs2NONE$11,047not reported in the loaded dataset2023

Related Form 5500 pages