2023 Form 5500 filing — Harborone 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 20240710084922NAL0014641441001) for Harborone 401(K) Plan, reported by Harborone Bank under EIN 04-1123040 and plan number 002. It reports 648 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240710084922NAL0014641441001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Harborone Bank
- EIN
- 04-1123040
- Plan number
- 002
- Location
- Brockton, MA
- Participants
- 648
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $79,439,463
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $79,439,463
- Employer contributions
- $993,534
- Participant contributions
- $3,380,983
- Total income / additions
- $13,145,000
- Benefits paid
- $11,764,351
- Administrative expenses
- $138,936
- Total expenses
- $11,905,985
- Net increase / (decrease)
- $1,239,015
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| John Hancock | RETAINED BY EMPLOYER | $70,936 | $0 |
| Mma Securities, LLC | INVESTMENT ADVISORY | $40,000 | not reported in the loaded dataset |
| Gray, Gray & Gray | AUDITOR | $28,000 | not reported in the loaded dataset |