2023 Form 5500 filing — The Retirement Plan Of Kennebunk Savings 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 20241011142842NAL0022039889001) for The Retirement Plan Of Kennebunk Savings Bank, reported by Kennebunk Savings Bank under EIN 01-0100600 and plan number 001. It reports 604 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241011142842NAL0022039889001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Kennebunk Savings Bank
- EIN
- 01-0100600
- Plan number
- 001
- Location
- Kennebunk, ME
- Participants
- 604
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $69,964,969
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $69,964,969
- Employer contributions
- $750,000
- Total income / additions
- $7,814,281
- Benefits paid
- $2,262,777
- Administrative expenses
- $120,118
- Total expenses
- $2,382,895
- Net increase / (decrease)
- $5,431,386
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Vanguard Advisors Inc | NONE | $100,458 | not reported in the loaded dataset |
| Vanguard Fiduciary Trust Company | NONE | $17,160 | not reported in the loaded dataset |