2023 Form 5500 filing — Genesee Regional Bank 401(K) Plan And Trust
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 20240808155746NAL0011406882001) for Genesee Regional Bank 401(K) Plan And Trust, reported by Genesee Regional Bank under EIN 36-3351119 and plan number 001. It reports 206 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240808155746NAL0011406882001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Genesee Regional Bank
- EIN
- 36-3351119
- Plan number
- 001
- Location
- Rochester, NY
- Participants
- 206
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $18,286,130
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $18,286,130
- Employer contributions
- $594,690
- Participant contributions
- $1,506,664
- Total income / additions
- $5,050,552
- Benefits paid
- $3,039,887
- Administrative expenses
- $79,044
- Total expenses
- $3,118,931
- Net increase / (decrease)
- $1,931,621
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| The Waterford Group LLC | ADVISOR | $51,034 | not reported in the loaded dataset |
| Fidelity Investments Institutional | RECORDKEEPER | $28,010 | $0 |