2023 Form 5500 filing — Connectone Bank 401k 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 20241008115052NAL0009609683001) for Connectone Bank 401k Plan, reported by Connectone Bank under EIN 20-1172127 and plan number 001. It reports 686 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241008115052NAL0009609683001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Connectone Bank
- EIN
- 20-1172127
- Plan number
- 001
- Location
- Englewood Cliffs, NJ
- Participants
- 686
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $45,927,963
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $45,927,963
- Employer contributions
- $2,526,534
- Participant contributions
- $4,340,364
- Total income / additions
- $14,164,049
- Benefits paid
- $3,617,674
- Administrative expenses
- $47,396
- Total expenses
- $3,665,070
- Net increase / (decrease)
- $10,498,979
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Saiph Capital, LLC | SERVICE PROVIDER | $0 | $59,586 |
| Voya Retirement Insurance & Annuity | INVESTMENT ADVISORY (PAR | $47,029 | $0 |
| Loren D. Stark Company | THIRD PARTY ADMINISTRATO | $0 | $18,835 |
| Morningstar Investment Mgmt | SERVICE PROVIDER | $11,644 | not reported in the loaded dataset |
| Morningstar | INVESTMENT ADVISORY (PLA | $0 | $6,480 |