2023 Form 5500 filing — The Mechanics Bank Retirement Plan & 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 20241015163449NAL0015090627001) for The Mechanics Bank Retirement Plan & Trust, reported by Mechanics Bank under EIN 94-0672780 and plan number 002. It reports 803 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)$59MReported net assets$59,001,244
Participants803
Provider compensation$18.3K2 Schedule C row(s)$18,265
Schedules filedSchedule H, Schedule CLoaded schedules
- EFAST2 acknowledgement
- 20241015163449NAL0015090627001
- Plan sponsor
- Mechanics Bank
- EIN
- 94-0672780
- Plan number
- 002
- Location
- Walnut Creek, CA
- 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)$59M total assets
Net assets$59MLiabilities$0
Full reported line items
- Total assets (EOY)
- $59,001,244
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $59,001,244
- Total income / additions
- $6,291,726
- Benefits paid
- $3,383,453
- Administrative expenses
- $98,343
- Total expenses
- $3,481,796
- Net increase / (decrease)
- $2,809,930
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Pension Benefit Information, LLC | SEARCH FIRM | $10,440 | not reported in the loaded dataset |
| Mercer | ACTUARY | $7,825 | not reported in the loaded dataset |