2023 Form 5500 filing — Liberty 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 20241011095924NAL0012348179002) for Liberty Bank 401(K) Plan, reported by Liberty Bank under EIN 06-0452570 and plan number 002. It reports 918 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241011095924NAL0012348179002
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Liberty Bank
- EIN
- 06-0452570
- Plan number
- 002
- Location
- Middletown, CT
- Participants
- 918
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $105,002,143
- Net assets (EOY)
- $105,002,143
- Employer contributions
- $1,956,162
- Participant contributions
- $5,471,222
- Total income / additions
- $26,643,875
- Benefits paid
- $5,342,169
- Administrative expenses
- $274,216
- Total expenses
- $5,616,851
- Net increase / (decrease)
- $21,027,024
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Schwab Retirement Plan Services,Inc | NONE | $152,116 | not reported in the loaded dataset |
| Nepc LLC | NONE | $92,050 | not reported in the loaded dataset |
| Grant Thornton Llp | NONE | $47,500 | not reported in the loaded dataset |
| Charles Schwab & Co., Inc. | NONE | $206 | $0 |