2023 Form 5500 filing — Lakeland Bancorp, Inc. Salary Savings 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 20241015112824NAL0055769266001) for Lakeland Bancorp, Inc. Salary Savings 401(K) Plan And Trust, reported by Lakeland Bancorp, Inc. under EIN 22-2953275 and plan number 002. It reports 1,135 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241015112824NAL0055769266001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Lakeland Bancorp, Inc.
- EIN
- 22-2953275
- Plan number
- 002
- Location
- Oak Ridge, NJ
- Participants
- 1,135
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $107,411,350
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $107,411,350
- Employer contributions
- $2,196,098
- Participant contributions
- $6,913,105
- Total income / additions
- $24,320,750
- Benefits paid
- $8,999,362
- Administrative expenses
- $202,223
- Total expenses
- $9,201,585
- Net increase / (decrease)
- $15,119,165
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| John Hancock Retirement Plan Srvcs | RETAINED BY EMPLOYER | $131,723 | $0 |
| Gallagher Fiduciary Advisors, LLC | RETAINED BY EMPLOYER | $50,000 | not reported in the loaded dataset |
| Nisivoccia Llp | RETAINED BY EMPLOYER | $20,500 | not reported in the loaded dataset |