Androscoggin Savings Bank Thrift 401(K) Retirement Plan — Form 5500 plan (Androscoggin Savings Bank)
Plain-English plan 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, Androscoggin Savings Bank Thrift 401(K) Retirement Plan is a benefit plan reported by Androscoggin Savings Bank under EIN 01-0020240 and plan number 002. The latest loaded filing year is 2023. The filing reports 266 participants and $24,900,644 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Androscoggin Savings Bank
- EIN
- 01-0020240
- Plan number
- 002
- Plan type
- 2
- Location
- Lewiston, ME
- Latest filing year
- 2023
- Participants
- 266
- End-of-year plan assets
- $24,900,644
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 266 | H, C | 20240917131632NAL0001136499001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $24,900,644
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $24,900,644
- Net assets (BOY)
- $21,377,287
Income & contributions
- Employer contributions
- $970,378
- Participant contributions
- $1,543,957
- Total contributions
- $2,649,827
- Total income / additions
- $6,498,897
Expenses & distributions
- Benefits paid
- $2,960,498
- Administrative expenses
- $17,377
- Total expenses
- $2,975,540
- Net increase / (decrease)
- $3,523,357
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Baker Newman & Noyes LLC | ACCOUNTANT/AUDITOR | $11,600 | not reported in the loaded dataset | 2023 |
| Portland Trust Company | CONSULTANT | $7,500 | not reported in the loaded dataset | 2023 |
| Strategic Advisors, Inc. | ADVISOR | $5,065 | not reported in the loaded dataset | 2023 |
| Fidelity Investments Institutional | RECORDKEEPER | -$6,788 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Androscoggin Savings Bank
- 2023 Form 5500 filing
- Form 5500 filings in ME
- 401(k) and benefit plan filings in Lewiston, ME
- Baker Newman & Noyes LLC — Schedule C compensation
- Portland Trust Company — Schedule C compensation
- Strategic Advisors, Inc. — Schedule C compensation
- Fidelity Investments Institutional — Schedule C compensation