2023 Form 5500 filing — Torrington Savings Bank 401(K) Savings 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 20240703085653NAL0006142817001) for Torrington Savings Bank 401(K) Savings Plan, reported by Torrington Savings Bank under EIN 06-0564890 and plan number 002. It reports 169 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240703085653NAL0006142817001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Torrington Savings Bank
- EIN
- 06-0564890
- Plan number
- 002
- Location
- Torrington, CT
- Participants
- 169
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $24,873,920
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $24,873,920
- Employer contributions
- $737,433
- Participant contributions
- $749,627
- Total income / additions
- $5,146,526
- Benefits paid
- $1,665,192
- Administrative expenses
- $105,375
- Total expenses
- $1,770,567
- Net increase / (decrease)
- $3,375,959
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Hooker & Holcombe Retirement Servic | NONE | $59,029 | not reported in the loaded dataset |
| Hooker & Holcombe Investment Adviso | NONE | $32,761 | not reported in the loaded dataset |
| Caron & Bletzer, Pllc | NONE | $13,585 | not reported in the loaded dataset |
| Charles Schwab Trust Bank | SHAREHOLDER SERVICES | $0 | not reported in the loaded dataset |