2023 Form 5500 filing — Somerset Trust Company 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 20240918101002NAL0001636355001) for Somerset Trust Company Employee Stock Ownership Plan, reported by Somerset Trust Company under EIN 25-0807970 and plan number 003. It reports 515 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials).
- EFAST2 acknowledgement
- 20240918101002NAL0001636355001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Somerset Trust Company
- EIN
- 25-0807970
- Plan number
- 003
- Location
- Somerset, PA
- Participants
- 515
- Schedules available
- Schedule H
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $7,909,821
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $7,909,821
- Employer contributions
- $1,018,109
- Total income / additions
- $1,648,416
- Benefits paid
- $1,120,281
- Administrative expenses
- $0
- Total expenses
- $1,120,281
- Net increase / (decrease)
- $528,135
- Schedule source
- Schedule H