2023 Form 5500 filing — Spencer Savings Bank Sla Savings Retirement 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 20250625074751NAL0011201360001) for Spencer Savings Bank Sla Savings Retirement Plan, reported by Spencer Savings Bank Sla under EIN 22-1296609 and plan number 002. It reports 377 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20250625074751NAL0011201360001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Spencer Savings Bank Sla
- EIN
- 22-1296609
- Plan number
- 002
- Location
- Elmwood Park, NJ
- Participants
- 377
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $45,230,420
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $45,230,420
- Employer contributions
- $1,097,792
- Participant contributions
- $1,824,315
- Total income / additions
- $8,511,867
- Benefits paid
- $4,640,043
- Administrative expenses
- $168,968
- Total expenses
- $4,809,011
- Net increase / (decrease)
- $3,702,856
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $168,968 | $0 |
| Kestra Advisory Services, LLC | INVESTMENT ADVISORY | $0 | $84,010 |
| Morningstar Investment Management L | INV ADV, PARTICIPANTS | $0 | $0 |