2023 Form 5500 filing — Bar Harbor Bankshares 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 20240708152053NAL0012529025001) for Bar Harbor Bankshares 401k Plan, reported by Bar Harbor Bankshares under EIN 01-0393663 and plan number 002. It reports 707 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
Form 5500 2 · 2023
Filing snapshot
Net assets (EOY)$55.2MReported net assets$55,182,107
Participants707
Provider compensation$71.1K2 Schedule C row(s)$71,147
Schedules filedSchedule H, Schedule CLoaded schedules
- EFAST2 acknowledgement
- 20240708152053NAL0012529025001
- Plan sponsor
- Bar Harbor Bankshares
- EIN
- 01-0393663
- Plan number
- 002
- Location
- Bar Harbor, ME
- Received date
- not reported in the loaded dataset
Schedule H · 2023
Reported financial snapshot
Reported figures as filed, in whole dollars. Only fields the filing reports are shown.
Reported balance (end of year)$55.2M total assets
Net assets$55.2MLiabilities$0
Full reported line items
- Total assets (EOY)
- $55,182,107
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $55,182,107
- Employer contributions
- $1,405,620
- Participant contributions
- $2,943,302
- Total income / additions
- $12,566,081
- Benefits paid
- $4,730,273
- Administrative expenses
- $70,257
- Total expenses
- $4,802,772
- Net increase / (decrease)
- $7,763,309
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Morgan Stanley Global Banking Opera | NONE | $44,724 | not reported in the loaded dataset |
| The Vanguard Group, Inc. | NONE | $26,423 | $0 |