Plan5500

Generations 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, Generations Bank (EIN 15-0443420) is a plan sponsor located in Seneca Falls, NY 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
15-0443420
Location
Seneca Falls, NY
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 Generations Bank

  • 2 loaded plans hold $4.7M in reported assets.
  • The largest, Generations Bank 401(K) Plan, holds 69% of this company's reported plan assets.
  • Plans cover 188 reported participants.
  • 2 of 2 plans report full financial statements.
Aggregate financials · 2023

Reported financial aggregate

Total reported net assets$3.6MSummed across loaded plans$3,632,499
Total reported assets$4.7M$4,673,273
Total reported participants188
Total reported liabilities$1M$1,040,774

Reported net position

Reported assets = net assets + liabilities (summed)$4.7M total assets
Net assets$3.6MLiabilities$1M
Contributions & income
Employer contributions$125.5K
Participant contributions$273.1K
Total income / additions$616.6K
Expenses & distributions
Benefits paid / distributions$488.8K
Total expenses$540.7K
Net increase / (decrease)$75.9K

Data coverage

Plans with financial statements2 / 2 (100%)
Plans with provider compensation0 / 2 ()

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 assets69%Generations Bank 401(K) Plan
Participants per plan94Average 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
    Generations Bank 401(K) Plan$3.2M
    Plan #004 · 96 participants · 2023
  2. 2
    Generations Bank Employee Stock Ownership Plan$1.5M
    Plan #003 · 92 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 Generations Bank. Open one for its full reported snapshot.

  1. 2023
    Generations Bank Employee Stock Ownership Plan92 participants · 2Sch I
    View filing →
  2. 2023
    Generations Bank 401(K) Plan96 participants · 2Sch I
    View filing →

What to inspect next

Frequently asked questions

How many benefit plans does Generations Bank report on Form 5500?
Generations Bank (EIN 15-0443420) reports 2 benefit plan(s) in the loaded Form 5500 dataset.
What is the EIN for Generations Bank?
The Employer Identification Number (EIN) reported for Generations Bank is 15-0443420.
What is the latest Form 5500 filing year for Generations Bank?
The latest loaded Form 5500 filing year for Generations Bank is 2023.

Related Form 5500 pages