2023 Form 5500 filing — Waterstone Bank Ssb 401(K) 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 20240625152236NAL0005023523001) for Waterstone Bank Ssb 401(K) Plan, reported by Waterstone Bank Ssb under EIN 39-0691250 and plan number 002. It reports 277 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240625152236NAL0005023523001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Waterstone Bank Ssb
- EIN
- 39-0691250
- Plan number
- 002
- Location
- Wauwatosa, WI
- Participants
- 277
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $13,995,393
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $13,995,393
- Employer contributions
- $111,203
- Participant contributions
- $986,419
- Total income / additions
- $3,580,156
- Benefits paid
- $1,655,183
- Administrative expenses
- $90,038
- Total expenses
- $1,745,221
- Net increase / (decrease)
- $1,834,935
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $36,575 | $0 |
| Global Retirment Partners LLC | INVESTMENT ADVISORY | $27,959 | $1,053 |
| Wipfli Llp | ACCOUNTANT | $19,000 | not reported in the loaded dataset |
| The Retirment Advantage | CONTRACT ADMINISTRATOR | $6,485 | $5,309 |