2023 Form 5500 filing — The Defined Benefit Plan Of The Institution For Savings In Newburyport
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 20250616125745NAL0002368226001) for The Defined Benefit Plan Of The Institution For Savings In Newburyport, reported by Institution For Savings In Newburyport under EIN 92-1546128 and plan number 001. It reports 243 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20250616125745NAL0002368226001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Institution For Savings In Newburyport
- EIN
- 92-1546128
- Plan number
- 001
- Location
- Newburyport, MA
- Participants
- 243
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $65,295,036
- Total liabilities (EOY)
- $62,225
- Net assets (EOY)
- $65,232,811
- Employer contributions
- $2,000,000
- Participant contributions
- $0
- Total income / additions
- $17,123,536
- Benefits paid
- $760,471
- Administrative expenses
- $653,044
- Total expenses
- $1,413,515
- Net increase / (decrease)
- $15,710,021
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Coop. Banks Employees Ret Assn. | PLAN ADMINISTRATOR | $158,773 | not reported in the loaded dataset |
| Acadian Asset Management LLC | INVESTMENT MGMT | $97,708 | not reported in the loaded dataset |
| Nepc, LLC | INVESTMENT ADVISOR | $76,815 | not reported in the loaded dataset |
| Hardman Johnston Global Advisors | INVESTMENT MGMT | $64,829 | not reported in the loaded dataset |
| Select Equity Group, L.P. | INVESTMENT MGMT | $60,844 | not reported in the loaded dataset |
| Agilis Partners LLC | ACTUARY | $32,650 | not reported in the loaded dataset |
| The Bank Of New York Mellon | CUSTODIAL SECURITIES | $30,879 | $0 |
| Copeland Capital Management, LLC | INVESTMENT MGMT | $26,238 | not reported in the loaded dataset |
| Blackrock Institution Trust Co. | INVESTMENT MGMT | $25,250 | $0 |
| Mondrian Investment Group | INVESTMENT MGMT | $24,330 | not reported in the loaded dataset |
| Fidelity Institutional Asset | INVESTMENT MGMT | $19,142 | $0 |
| Legal & General Invest Mgmt America | INVESTMENT MGMT | $8,329 | not reported in the loaded dataset |