2023 Form 5500 filing — The Hometown Savings Bank Employee 401(K) Plan And Trust
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 20241014081637NAL0014636643001) for The Hometown Savings Bank Employee 401(K) Plan And Trust, reported by The Hometown Savings Bank under EIN 44-0160260 and plan number 002. It reports 140 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241014081637NAL0014636643001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- The Hometown Savings Bank
- EIN
- 44-0160260
- Plan number
- 002
- Location
- Terre Haute, IN
- Participants
- 140
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $13,761,570
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $13,761,570
- Employer contributions
- $379,099
- Participant contributions
- $451,455
- Total income / additions
- $2,601,024
- Benefits paid
- $334,567
- Administrative expenses
- $13,616
- Total expenses
- $348,183
- Net increase / (decrease)
- $2,252,841
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Ameritas Life Insurance Corp | NONE | $13,616 | not reported in the loaded dataset |
| Charles Schwab Bank | NONE | $0 | $0 |