East Cambridge Savings Bank Pension Plan — Form 5500 plan (East Cambridge 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, East Cambridge Savings Bank Pension Plan is a benefit plan reported by East Cambridge Savings Bank under EIN 04-1269550 and plan number 001. The latest loaded filing year is 2023. The filing reports 225 participants and $23,547,649 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$23.5MPlan net assets, end of year$23,547,649
Participants225Covered participants reported
Assets / participant$104.7KComputed: assets ÷ participants$104,656 (computed)
Provider compensation$150.9K2 Schedule C provider row(s)$150,947
- Plan sponsor
- East Cambridge Savings Bank
- EIN
- 04-1269550
- Plan number
- 001
- Plan type
- 2
- Location
- Cambridge, MA
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 225 | H, C | 20250730132747NAL0001960691001 |
Schedule H · 2023
Reported financial statement
Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.
Reported balance (end of year)$23.5M total assets
Net assets$23.5MLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $23,547,649
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $23,547,649
- Net assets (BOY)
- $19,746,495
Income & contributions
- Employer contributions
- $500,000
- Total contributions
- $500,000
- Total income / additions
- $5,162,354
Expenses & distributions
- Benefits paid
- $1,267,368
- Administrative expenses
- $93,832
- Total expenses
- $1,361,200
- Net increase / (decrease)
- $3,801,154
Computed from reported fields
Reported ratios
Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.
Total expenses ÷ net assets6%Computed ratio
Benefits paid ÷ total income25%Computed ratio
Provider comp. ÷ net assets1%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Empower Annuity Ins Co Of America | RECORDKEEPER | $93,832 | $0 | 2023 |
| Capfinancial Partners LLC | INVESTMENT ADVISOR | $57,115 | $0 | 2023 |