Plan5500

Norway Savings Bank — Form 5500 filings & benefit plans

Form 5500 plan sponsor 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, Norway Savings Bank (EIN 01-0130870) is a plan sponsor located in Norway, ME with 2 reported benefit plan(s) in the loaded dataset. The latest loaded Form 5500 filing year is 2023.

Company overview (based on loaded 2023 public filings)

EIN
01-0130870
Location
Norway, ME
Loaded plans
2
Latest filing year
2023

This is a company / sponsor profile — aggregate totals across all of this employer's loaded plans. Open an individual plan below for its own full financial statement.

What stands out for Norway Savings Bank

  • 2 loaded plans hold $49.3M in reported assets.
  • The largest, Norway Savings Bank 401(K) Plan, holds 100% of this company's reported plan assets.
  • Plans cover 685 reported participants.
  • 1 of 2 plans report full financial statements.
  • 1 report Schedule C provider compensation.
Aggregate financials · 2023

Reported financial aggregate

Total reported net assets$49.3MSummed across loaded plans$49,279,599
Total reported assets$49.3M$49,279,599
Total reported participants685
Total reported liabilities$0

Reported net position

Reported assets = net assets + liabilities (summed)$49.3M total assets
Net assets$49.3MLiabilities$0
Contributions & income
Employer contributions$1.9M
Participant contributions$1.8M
Total income / additions$11.2M
Expenses & distributions
Benefits paid / distributions$4.5M
Total expenses$4.7M
Net increase / (decrease)$6.5M

Data coverage

Plans with financial statements1 / 2 (50%)
Plans with provider compensation1 / 2 (50%)

Totals sum the latest loaded 2023 public Form 5500 filing per plan for this company's plans — one filing per plan, so multiple years are never double-counted. Figures are reported values from loaded Schedule H / I (and Schedule C for provider compensation); fields a plan did not report are treated as missing, not zero. These are not audited or official totals.

Computed from loaded plans

Portfolio comparison

Largest plan share of assets100%Norway Savings Bank 401(K) Plan
Participants per plan343Average across loaded plans
Loaded plans2
Ranked by reported assets

Largest loaded plans

Bars show each plan's reported end-of-year assets relative to the largest.

  1. 1
    Norway Savings Bank 401(K) Plan$49.3M
    Plan #002 · 372 participants · 2023
  2. 2
    Norway Savings Bank Welfare Benefits Plannot reported in the loaded dataset
    Plan #501 · 313 participants · 2023

All loaded plans by assets → · By participants → · With financial statements → · With provider compensation →

EFAST2 filings

Latest loaded filings

Most recent loaded Form 5500 filings for Norway Savings Bank. Open one for its full reported snapshot.

  1. 2023
    Norway Savings Bank Welfare Benefits Plan313 participants · 2No schedules
    View filing →
  2. 2023
    Norway Savings Bank 401(K) Plan372 participants · 2Sch HSch C
    View filing →

What to inspect next

Frequently asked questions

How many benefit plans does Norway Savings Bank report on Form 5500?
Norway Savings Bank (EIN 01-0130870) reports 2 benefit plan(s) in the loaded Form 5500 dataset.
What is the EIN for Norway Savings Bank?
The Employer Identification Number (EIN) reported for Norway Savings Bank is 01-0130870.
What is the latest Form 5500 filing year for Norway Savings Bank?
The latest loaded Form 5500 filing year for Norway Savings Bank is 2023.

Related Form 5500 pages