Far Bank Retirement Plan — Form 5500 plan (Far 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, Far Bank Retirement Plan is a benefit plan reported by Far Bank under EIN 91-1046164 and plan number 001. The latest loaded filing year is 2023. The filing reports 303 participants and $10,991,187 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Far Bank
- EIN
- 91-1046164
- Plan number
- 001
- Plan type
- 2
- Location
- Bainbridge Island, WA
- Latest filing year
- 2023
- Participants
- 303
- End-of-year plan assets
- $10,991,187
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 303 | H, C | 20241002122607NAL0014316336001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $10,991,187
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $10,991,187
- Net assets (BOY)
- $9,802,525
Income & contributions
- Employer contributions
- $203,645
- Participant contributions
- $1,007,069
- Total contributions
- $1,314,771
- Total income / additions
- $2,888,225
Expenses & distributions
- Benefits paid
- $1,697,800
- Administrative expenses
- $1,763
- Total expenses
- $1,699,563
- Net increase / (decrease)
- $1,188,662
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Fidelity Investments Institutional | RECORDKEEPER | $1,763 | $0 | 2023 |