2023 Form 5500 filing — Lee Bank 401(K) 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 20241002154858NAL0008573937001) for Lee Bank 401(K) Plan, reported by Lee Bank under EIN 04-3158399 and plan number 002. It reports 125 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241002154858NAL0008573937001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Lee Bank
- EIN
- 04-3158399
- Plan number
- 002
- Location
- Lee, MA
- Participants
- 125
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $16,125,701
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $16,125,701
- Employer contributions
- $376,366
- Participant contributions
- $608,204
- Total income / additions
- $3,743,984
- Benefits paid
- $831,053
- Administrative expenses
- $283
- Total expenses
- $831,336
- Net increase / (decrease)
- $2,912,648
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Mmlis | BROKER/ADVISOR | $0 | $30,266 |
| Strategic Pension Services, LLC | THIRD PARTY ADMIN | $2,302 | $9,908 |
| Empower Annuity Ins. Co Of America | RECORDKEEPER | $405 | not reported in the loaded dataset |
| Empower Advisory Group, LLC | INVESTMENT MANAGEMENT | $353 | not reported in the loaded dataset |