Needham Bank Employee Stock Ownership Plan — Form 5500 plan (Needham 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, Needham Bank Employee Stock Ownership Plan is a benefit plan reported by Needham Bank under EIN 84-3556185 and plan number 002. The latest loaded filing year is 2023. The filing reports 284 participants and $13,446,450 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Needham Bank
- EIN
- 84-3556185
- Plan number
- 002
- Plan type
- 2
- Location
- Needham, MA
- Latest filing year
- 2023
- Participants
- 284
- End-of-year plan assets
- $13,446,450
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 284 | H | 20251008140536NAL0013591458001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $13,446,450
- Total liabilities (EOY)
- $13,770,000
- Net assets (EOY)
- -$323,550
- Net assets (BOY)
- $0
Income & contributions
- Total contributions
- $0
- Total income / additions
- -$323,550
Expenses & distributions
- Benefits paid
- $0
- Administrative expenses
- $0
- Total expenses
- $0
- Net increase / (decrease)
- -$323,550
Service provider compensation (Schedule C)
No Schedule C service provider compensation is loaded for this plan yet.