2023 Form 5500 filing — Northway Bank 401(K) And Profit Sharing 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 20240731154728NAL0021832577001) for Northway Bank 401(K) And Profit Sharing Plan, reported by Northway Bank under EIN 02-0108854 and plan number 002. It reports 271 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)$21.7MReported net assets$21,681,089
Participants271
Provider compensationNone reported1 Schedule C row(s)
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20240731154728NAL0021832577001
Plan sponsor
Northway Bank
EIN
02-0108854
Plan number
002
Location
Berlin, NH
Received date
not reported in the loaded dataset
How to read this filing
  • This is a single annual Form 5500 filing, identified by its EFAST2 acknowledgement id.
  • Schedule chips (Sch H / I / C) show which schedules this filing includes.
  • Net assets = total assets minus total liabilities (Schedule H/I).
  • Fields a filing did not report are labeled not reported in the loaded dataset — never estimated.
  • For the plan's full history, open the plan profile.
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)$21.7M total assets
Net assets$21.7MLiabilities$0
Money in vs. money out
Total income / additions$5.7M
Total expenses$2.3M
Benefits paid / distributions$2.3M
Contributions
Employer$976.7K
Participant$1.3M
Full reported line items
Total assets (EOY)
$21,681,089
Total liabilities (EOY)
$0
Net assets (EOY)
$21,681,089
Employer contributions
$976,692
Participant contributions
$1,274,794
Total income / additions
$5,740,385
Benefits paid
$2,287,820
Administrative expenses
-$7,350
Total expenses
$2,280,470
Net increase / (decrease)
$3,459,915
Schedule C

Reported service provider compensation

Compensation reported on the 2023 filing, ranked by reported total.

  1. 1
    RECORDKEEPER · Direct -$7.3K · Indirect $0

What to inspect next

Frequently asked questions

What does EFAST2 acknowledgement 20240731154728NAL0021832577001 cover?
It is the 2023 Form 5500 filing for Northway Bank 401(K) And Profit Sharing Plan, reported by Northway Bank (EIN 02-0108854).
Which Form 5500 schedules are attached to this 2023 filing?
Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

Related Form 5500 pages