2023 Form 5500 filing — Newsbank Retirement Savings 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 20241009125126NAL0032664128001) for Newsbank Retirement Savings Plan, reported by Newsbank, Inc. under EIN 06-1084869 and plan number 001. It reports 424 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

Form 5500 2 · 2023

Filing snapshot

Net assets (EOY)$51.8MReported net assets$51,811,933
Participants424
Provider compensation$44K3 Schedule C row(s)$44,008
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20241009125126NAL0032664128001
Plan sponsor
Newsbank, Inc.
EIN
06-1084869
Plan number
001
Location
Chester, VT
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)$51.8M total assets
Net assets$51.8MLiabilities$0
Money in vs. money out
Total income / additions$14M
Total expenses$5.1M
Benefits paid / distributions$5.1M
Contributions
Employer$606K
Participant$3.2M
Full reported line items
Total assets (EOY)
$51,811,933
Total liabilities (EOY)
$0
Net assets (EOY)
$51,811,933
Employer contributions
$605,986
Participant contributions
$3,172,628
Total income / additions
$14,010,941
Benefits paid
$5,103,636
Administrative expenses
$44,073
Total expenses
$5,147,709
Net increase / (decrease)
$8,863,232

Reported service provider compensation (Schedule C)

Compensation reported on the 2023 filing
ProviderServiceDirect comp.Indirect comp.
Trg Investment Advisors, LLCINVESTMENT ADVISOR$28,948not reported in the loaded dataset
Urish Popeck & Co., LLCACCOUNTANT/AUDITOR$7,863not reported in the loaded dataset
Fidelity Investments InstitutionalRECORDKEEPER$7,197$0

Related Form 5500 pages