2023 Form 5500 filing — The Adirondack Trust Company Employee Stock Ownership 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 20241015133007NAL0014722339001) for The Adirondack Trust Company Employee Stock Ownership Plan, reported by The Adirondack Trust Company under EIN 14-0458765 and plan number 002. It reports 569 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)$71MReported net assets$71,025,228
Participants569
Provider compensation$6.7K1 Schedule C row(s)$6,662
Schedules filedSchedule H, Schedule CLoaded schedules
- EFAST2 acknowledgement
- 20241015133007NAL0014722339001
- Plan sponsor
- The Adirondack Trust Company
- EIN
- 14-0458765
- Plan number
- 002
- Location
- Saratoga Springs, NY
- 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)$71M total assets
Net assets$71MLiabilities$2.4K
Full reported line items
- Total assets (EOY)
- $71,027,588
- Total liabilities (EOY)
- $2,360
- Net assets (EOY)
- $71,025,228
- Employer contributions
- $2,439,255
- Participant contributions
- $1,084,350
- Total income / additions
- $7,785,207
- Benefits paid
- $4,920,097
- Administrative expenses
- $6,662
- Total expenses
- $4,926,759
- Net increase / (decrease)
- $2,858,448
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Futureplan By Ascensus | NONE | $6,662 | not reported in the loaded dataset |