Shawmut LLC 401(K) Savings Plan — Form 5500 plan (Shawmut LLC)
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, Shawmut LLC 401(K) Savings Plan is a benefit plan reported by Shawmut LLC under EIN 83-0963693 and plan number 001. The latest loaded filing year is 2023. The filing reports 550 participants and $24,879,246 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Shawmut LLC
- EIN
- 83-0963693
- Plan number
- 001
- Plan type
- 2
- Location
- West Bridgewater, MA
- Latest filing year
- 2023
- Participants
- 550
- End-of-year plan assets
- $24,879,246
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 550 | H, C | 20241011121638NAL0012471075001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $24,879,246
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $24,879,246
- Net assets (BOY)
- $22,438,539
Income & contributions
- Employer contributions
- $573,191
- Participant contributions
- $1,591,960
- Total contributions
- $2,186,242
- Total income / additions
- $6,089,196
Expenses & distributions
- Benefits paid
- $3,622,982
- Administrative expenses
- $15,161
- Total expenses
- $3,648,489
- Net increase / (decrease)
- $2,440,707
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Strategic Advisors, Inc. | ADVISOR | $8,062 | not reported in the loaded dataset | 2023 |
| Fidelity Investments Institutional | RECORDKEEPER | $7,099 | $0 | 2023 |