2023 Form 5500 filing — Nbt Bancorp Inc. 401(K) & 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 20240709083058NAL0020603792001) for Nbt Bancorp Inc. 401(K) & Employee Stock Ownership Plan, reported by Nbt Bancorp Inc. under EIN 16-1268674 and plan number 002. It reports 2,358 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240709083058NAL0020603792001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Nbt Bancorp Inc.
- EIN
- 16-1268674
- Plan number
- 002
- Location
- Norwich, NY
- Participants
- 2,358
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $321,605,789
- Total liabilities (EOY)
- $817,578
- Net assets (EOY)
- $320,788,211
- Employer contributions
- $5,311,908
- Participant contributions
- $13,031,102
- Total income / additions
- $74,904,227
- Benefits paid
- $28,623,542
- Administrative expenses
- $38,674
- Total expenses
- $28,662,216
- Net increase / (decrease)
- $46,242,011
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Charles Schwab Trust Bank | NONE | $0 | $47,428 |
| Epic Retirement Plan Services | WHOLLY OWNED SUBSIDIARY | $38,674 | $0 |
| Charles Schwab & Co., Inc. | NONE | $11,418 | $0 |