2023 Form 5500 filing — Coastal Community 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 20241010115551NAL0020934305001) for Coastal Community Bank 401(K) Plan, reported by Coastal Community Bank under EIN 91-1811848 and plan number 001. It reports 490 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241010115551NAL0020934305001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Coastal Community Bank
- EIN
- 91-1811848
- Plan number
- 001
- Location
- Everett, WA
- Participants
- 490
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $38,252,150
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $38,252,150
- Employer contributions
- $1,666,978
- Participant contributions
- $4,067,935
- Total income / additions
- $12,287,357
- Benefits paid
- $2,845,238
- Administrative expenses
- $96,527
- Total expenses
- $2,956,098
- Net increase / (decrease)
- $9,331,259
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Rbc Wealth Management | NONE | $45,773 | not reported in the loaded dataset |
| Northwest Plan Services | NONE | $39,276 | not reported in the loaded dataset |
| Matrix Trust Company | NONE | $17,795 | not reported in the loaded dataset |