2023 Form 5500 filing — Cambridge Bancorp Savings Investment 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 20241011091449NAL0010761395001) for Cambridge Bancorp Savings Investment Plan, reported by Cambridge Trust Company under EIN 04-1145370 and plan number 002. It reports 593 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241011091449NAL0010761395001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Cambridge Trust Company
- EIN
- 04-1145370
- Plan number
- 002
- Location
- Burlington, MA
- Participants
- 593
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $73,702,095
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $73,702,095
- Employer contributions
- $1,894,512
- Participant contributions
- $4,044,045
- Total income / additions
- $18,783,605
- Benefits paid
- $9,023,598
- Administrative expenses
- $155,217
- Total expenses
- $9,178,815
- Net increase / (decrease)
- $9,604,790
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Sentinel Benefits Group, LLC | N/A | $77,028 | not reported in the loaded dataset |
| Sentinel Pension Advisors | N/A | $59,684 | not reported in the loaded dataset |
| Charles Schwab Trust Bank | N/A | $18,506 | not reported in the loaded dataset |