2023 Form 5500 filing — Centric Bank 401k Plan
Plain-English filing 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, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240129120846NAL0011714723001) for Centric Bank 401k Plan, reported by Centric Bank under EIN 23-0510610 and plan number 001. It reports 138 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240129120846NAL0011714723001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Centric Bank
- EIN
- 23-0510610
- Plan number
- 001
- Location
- Enola, PA
- Participants
- 138
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $0
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $0
- Employer contributions
- $40,492
- Participant contributions
- $122,078
- Total income / additions
- $579,756
- Benefits paid
- $6,613,515
- Administrative expenses
- $35,906
- Total expenses
- $6,681,367
- Net increase / (decrease)
- -$6,101,611
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Pa Retirement Solutions, Inc. | CONTRACT ADMIN | $13,818 | $2,804 |
| Empower Annuity Ins Co Of America | RECORDKEEPER | $9,283 | $0 |
| Rbc Capital Markets, LLC | INVESTMENT ADVISOR | $8,412 | not reported in the loaded dataset |
| Empower Advisory Group | INVESTMENT MGMT | $3,852 | not reported in the loaded dataset |