2023 Form 5500 filing — Passumpsic Savings Bank Thrift Incentive Savings 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 20241014121318NAL0026118945001) for Passumpsic Savings Bank Thrift Incentive Savings Plan, reported by Passumpsic Savings Bank under EIN 03-0147560 and plan number 002. It reports 204 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)$23MReported net assets$23,033,281
Participants204
Provider compensation$50.2K1 Schedule C row(s)$50,178
Schedules filedSchedule H, Schedule CLoaded schedules
- EFAST2 acknowledgement
- 20241014121318NAL0026118945001
- Plan sponsor
- Passumpsic Savings Bank
- EIN
- 03-0147560
- Plan number
- 002
- Location
- St Johnsbury, VT
- Received date
- not reported in the loaded dataset
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)$23M total assets
Net assets$23MLiabilities$0
Full reported line items
- Total assets (EOY)
- $23,033,281
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $23,033,281
- Employer contributions
- $833,477
- Participant contributions
- $751,135
- Total income / additions
- $5,599,107
- Benefits paid
- $1,452,877
- Administrative expenses
- $50,178
- Total expenses
- $1,503,055
- Net increase / (decrease)
- $4,096,052
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Benefit Plans Admin Services, Inc | NONE | $50,178 | $0 |