2023 Form 5500 filing — Seattle Bank Profit Sharing & Salary Deferral 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 20240925171658NAL0014722545001) for Seattle Bank Profit Sharing & Salary Deferral Plan, reported by Seattle Bank under EIN 91-1984151 and plan number 001. It reports 137 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240925171658NAL0014722545001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Seattle Bank
- EIN
- 91-1984151
- Plan number
- 001
- Location
- Seattle, WA
- Participants
- 137
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $16,376,433
- Total liabilities (EOY)
- $5,000
- Net assets (EOY)
- $16,371,433
- Employer contributions
- $344,494
- Participant contributions
- $737,671
- Total income / additions
- $3,614,545
- Benefits paid
- $439,592
- Administrative expenses
- $56,464
- Total expenses
- $509,515
- Net increase / (decrease)
- $3,105,030
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Rbc Retirement Plan Advisors | NONE | $28,639 | not reported in the loaded dataset |
| Northwest Plan Services | NONE | $22,979 | not reported in the loaded dataset |
| Schwab Bank | NONE | $4,846 | $0 |