2023 Form 5500 filing — E.S.A.I.C., Inc. Dba Eastern Shore Associates 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 20240828141101NAL0011914545001) for E.S.A.I.C., Inc. Dba Eastern Shore Associates Employee Stock Ownership Plan, reported by E.S.A.I.C., Inc. Dba Eastern Shore Associates under EIN 16-1265337 and plan number 002. It reports 94 participants. Attached schedules in the loaded dataset include Schedule I (small plan financials).

Form 5500 2 · 2023

Filing snapshot

Net assets (EOY)$11MReported net assets$11,031,915
Participants94
Provider compensationNone reported
Schedules filedSchedule ILoaded schedules
EFAST2 acknowledgement
20240828141101NAL0011914545001
Plan sponsor
E.S.A.I.C., Inc. Dba Eastern Shore Associates
EIN
16-1265337
Plan number
002
Location
Fulton, NY
Received date
not reported in the loaded dataset
Schedule I · 2023

Reported financial snapshot

Reported figures as filed, in whole dollars. Only fields the filing reports are shown.

Reported balance (end of year)$11M total assets
Net assets$11MLiabilities
Money in vs. money out
Total income / additions$2.2M
Total expenses$775.7K
Benefits paid / distributions$775.7K
Contributions
Employer$900K
ParticipantNot reported
Full reported line items
Total assets (EOY)
$11,031,915
Net assets (EOY)
$11,031,915
Employer contributions
$900,000
Total income / additions
$2,247,526
Benefits paid
$775,674
Total expenses
$775,674
Net increase / (decrease)
$1,471,852

Related Form 5500 pages