Exchange Bank Savings And Profit Sharing Plan — Form 5500 plan (Exchange 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, Exchange Bank Savings And Profit Sharing Plan is a benefit plan reported by Exchange Bank under EIN 94-0463800 and plan number 002. The latest loaded filing year is 2023. The filing reports 666 participants and $106,840,022 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Exchange Bank
- EIN
- 94-0463800
- Plan number
- 002
- Plan type
- 2
- Location
- Santa Rosa, CA
- Latest filing year
- 2023
- Participants
- 666
- End-of-year plan assets
- $106,840,022
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 666 | H, C | 20241015103156NAL0057013762001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $106,840,022
- Total liabilities (EOY)
- $75,582
- Net assets (EOY)
- $106,764,440
- Net assets (BOY)
- $88,412,170
Income & contributions
- Employer contributions
- $1,153,613
- Participant contributions
- $2,422,722
- Total contributions
- $5,625,376
- Total income / additions
- $19,150,988
Expenses & distributions
- Benefits paid
- $6,416,063
- Administrative expenses
- $3,800
- Total expenses
- $6,419,863
- Net increase / (decrease)
- $12,731,125
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Epic Advisors | RECORDKEEPER | $0 | $3,800 | 2023 |