2023 Form 5500 filing — Bank Hapoalim B.M. Employee Savings And Investment 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 20240827153837NAL0023544498001) for Bank Hapoalim B.M. Employee Savings And Investment Plan, reported by Bank Hapoalim B.M. under EIN 13-2775750 and plan number 002. It reports 393 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240827153837NAL0023544498001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Bank Hapoalim B.M.
- EIN
- 13-2775750
- Plan number
- 002
- Location
- New York, NY
- Participants
- 393
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $57,922,461
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $57,922,461
- Employer contributions
- $1,276,576
- Participant contributions
- $3,106,843
- Total income / additions
- $14,270,981
- Benefits paid
- $3,562,919
- Administrative expenses
- $135,027
- Total expenses
- $3,697,946
- Net increase / (decrease)
- $10,573,035
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $135,026 | $0 |
| Newport Group Securities | INVESTMENT ADVISORY | $0 | $32,577 |
| Rogoff & Company Pc | ACCOUNTANT | $0 | $17,000 |