Claremont Savings Bank 401(K) Profit Sharing Plan & Trust — Form 5500 plan (Claremont 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, Claremont Savings Bank 401(K) Profit Sharing Plan & Trust is a benefit plan reported by Claremont Savings Bank under EIN 02-0119060 and plan number 002. The latest loaded filing year is 2023. The filing reports 117 participants and $15,047,062 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Claremont Savings Bank
- EIN
- 02-0119060
- Plan number
- 002
- Plan type
- 2
- Location
- Claremont, NH
- Latest filing year
- 2023
- Participants
- 117
- End-of-year plan assets
- $15,047,062
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 117 | H, C | 20240624140537NAL0008373200002 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $15,047,062
- Net assets (EOY)
- $15,047,062
- Net assets (BOY)
- $14,901,642
Income & contributions
- Employer contributions
- $210,757
- Participant contributions
- $472,202
- Total contributions
- $768,633
- Total income / additions
- $3,346,310
Expenses & distributions
- Benefits paid
- $3,120,916
- Administrative expenses
- $79,974
- Total expenses
- $3,200,890
- Net increase / (decrease)
- $145,420
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Third Party Administrators, Inc. | TPA | $3,300 | $0 | 2023 |
| John Hancock Usa | RECORDKEEPER | $1,923 | $0 | 2023 |