2023 Form 5500 filing — The Savings Bank Mutual Life Insurance Company Of Massachusetts 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 20241011124732NAL0022767025001) for The Savings Bank Mutual Life Insurance Company Of Massachusetts 401(K) Plan, reported by The Savings Bank Mutual Life Insurance Company Of Massachusetts under EIN 04-3117253 and plan number 002. It reports 283 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)$83.4MReported net assets$83,442,671

Participants283

Provider compensation$21.3K1 Schedule C row(s)$21,250

Schedules filedSchedule H, Schedule CLoaded schedules

EFAST2 acknowledgement: 20241011124732NAL0022767025001
Plan sponsor: The Savings Bank Mutual Life Insurance Company Of Massachusetts
EIN: 04-3117253
Plan number: 002
Location: Woburn, MA
Received date: not reported in the loaded dataset

How to read this filing

This is a single annual Form 5500 filing, identified by its EFAST2 acknowledgement id.
Schedule chips (Sch H / I / C) show which schedules this filing includes.
Net assets = total assets minus total liabilities (Schedule H/I).
Fields a filing did not report are labeled not reported in the loaded dataset — never estimated.
For the plan's full history, open the plan profile.

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)$83.4M total assets

Net assets$83.4MLiabilities$0

Money in vs. money out

Total income / additions$18M

Total expenses$2.3M

Benefits paid / distributions$2.2M

Contributions

Employer$1.5M

Participant$2.4M

Full reported line items

Total assets (EOY): $83,442,671
Total liabilities (EOY): $0
Net assets (EOY): $83,442,671
Employer contributions: $1,500,563
Participant contributions: $2,392,485
Total income / additions: $18,036,149
Benefits paid: $2,246,710
Administrative expenses: $19,075
Total expenses: $2,265,785
Net increase / (decrease): $15,770,364

Schedule C

Reported service provider compensation

Compensation reported on the 2023 filing, ranked by reported total.

1
The Vanguard Group, Inc.$21.3K
NONE · Direct $21.3K · Indirect $0

What to inspect next

Frequently asked questions

What does EFAST2 acknowledgement 20241011124732NAL0022767025001 cover?: It is the 2023 Form 5500 filing for The Savings Bank Mutual Life Insurance Company Of Massachusetts 401(K) Plan, reported by The Savings Bank Mutual Life Insurance Company Of Massachusetts (EIN 04-3117253).
Which Form 5500 schedules are attached to this 2023 filing?: Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).