2023 Form 5500 filing — Presence Bank Employee Stock Ownership 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 20240603121941NAL0018148977001) for Presence Bank Employee Stock Ownership Plan, reported by Presence Bank under EIN 23-1580399 and plan number 003. It reports 30 participants. Attached schedules in the loaded dataset include Schedule I (small plan financials).
- EFAST2 acknowledgement
- 20240603121941NAL0018148977001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Presence Bank
- EIN
- 23-1580399
- Plan number
- 003
- Location
- Coatesville, PA
- Participants
- 30
- Schedules available
- Schedule I
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $2,780,188
- Total liabilities (EOY)
- $2,527,486
- Net assets (EOY)
- $252,702
- Employer contributions
- $195,854
- Participant contributions
- $0
- Total income / additions
- -$34,916
- Benefits paid
- $2,906
- Administrative expenses
- $0
- Total expenses
- $88,629
- Net increase / (decrease)
- -$123,545
- Schedule source
- Schedule I