Plan5500

The Mechanics Bank Retirement Plan & Trust — Form 5500 plan (Mechanics 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, The Mechanics Bank Retirement Plan & Trust is a benefit plan reported by Mechanics Bank under EIN 94-0672780 and plan number 002. The latest loaded filing year is 2023. The filing reports 803 participants and $59,001,244 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Mechanics Bank
EIN
94-0672780
Plan number
002
Plan type
2
Location
Walnut Creek, CA
Latest filing year
2023
Participants
803
End-of-year plan assets
$59,001,244

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023803H, C20241015163449NAL0015090627001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$59,001,244
Total liabilities (EOY)
$0
Net assets (EOY)
$59,001,244
Net assets (BOY)
$56,191,314

Income & contributions

Total contributions
$0
Total income / additions
$6,291,726

Expenses & distributions

Benefits paid
$3,383,453
Administrative expenses
$98,343
Total expenses
$3,481,796
Net increase / (decrease)
$2,809,930

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Pension Benefit Information, LLCSEARCH FIRM$10,440not reported in the loaded dataset2023
MercerACTUARY$7,825not reported in the loaded dataset2023

Related Form 5500 pages