2023 Form 5500 filing — Rhinebeck Bank 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 20240930125758NAL0011187170001) for Rhinebeck Bank Employee Stock Ownership Plan, reported by Rhinebeck Bank under EIN 14-1002430 and plan number 006. It reports 180 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials).

Form 5500 2 · 2023

Filing snapshot

Net assets (EOY)-$187.1KReported net assets-$187,082
Participants180
Provider compensationNone reported
Schedules filedSchedule HLoaded schedules
EFAST2 acknowledgement
20240930125758NAL0011187170001
Plan sponsor
Rhinebeck Bank
EIN
14-1002430
Plan number
006
Location
Poughkeepsie, NY
Received date
not reported in the loaded dataset
Schedule H · 2023

Reported financial snapshot

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

Reported balance (end of year)$3.4M total assets
Net assets-$187.1KLiabilities$3.6M
Money in vs. money out
Total income / additions-$51.7K
Total expenses$330.8K
Benefits paid / distributions$50.3K
Contributions
Employer$409.2K
ParticipantNot reported
Full reported line items
Total assets (EOY)
$3,424,823
Total liabilities (EOY)
$3,611,905
Net assets (EOY)
-$187,082
Employer contributions
$409,151
Total income / additions
-$51,705
Benefits paid
$50,253
Administrative expenses
$0
Total expenses
$330,794
Net increase / (decrease)
-$382,499

Related Form 5500 pages