2023 Form 5500 filing — Retirement Plan For Employees Of Ion Bank
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 20241009131620NAL0019270033001) for Retirement Plan For Employees Of Ion Bank, reported by Ion Bank under EIN 06-0465530 and plan number 001. It reports 205 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241009131620NAL0019270033001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Ion Bank
- EIN
- 06-0465530
- Plan number
- 001
- Location
- Naugatuck, CT
- Participants
- 205
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $79,275,680
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $79,275,680
- Employer contributions
- $0
- Total income / additions
- $11,245,957
- Benefits paid
- $2,764,004
- Administrative expenses
- $170,145
- Total expenses
- $2,934,149
- Net increase / (decrease)
- $8,311,808
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Broadridge | NONE | $124,569 | $0 |
| Aetna Life Insurance Company | NONE | $45,690 | not reported in the loaded dataset |