East Cambridge Savings Bank 401(K) 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 401(K) Plan is a benefit plan reported by East Cambridge Savings Bank under EIN 04-1269550 and plan number 002. The latest loaded filing year is 2023. The filing reports 240 participants and $21,743,301 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$21.7MPlan net assets, end of year$21,743,301
Participants240Covered participants reported
Assets / participant$90.6KComputed: assets ÷ participants$90,597 (computed)
Provider compensation$65.9K3 Schedule C provider row(s)$65,887
- Plan sponsor
- East Cambridge Savings Bank
- EIN
- 04-1269550
- Plan number
- 002
- Plan type
- 2
- Location
- Cambridge, MA
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 240 | H, C | 20240830073811NAL0007024675001 |
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)$21.7M total assets
Net assets$21.7MLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $21,743,301
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $21,743,301
- Net assets (BOY)
- $18,650,770
Income & contributions
- Employer contributions
- $476,443
- Participant contributions
- $1,265,634
- Total contributions
- $1,744,214
- Total income / additions
- $4,863,223
Expenses & distributions
- Benefits paid
- $1,753,520
- Administrative expenses
- $15,692
- Total expenses
- $1,770,692
- Net increase / (decrease)
- $3,092,531
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.
27%73%
Employer 27%Participant 73%
Total expenses ÷ net assets8%Computed ratio
Benefits paid ÷ total income36%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Capfinancial Partners LLC Dba Captr | INVESTMENT ADVISOR | $39,874 | not reported in the loaded dataset | 2023 |
| Empower Annuity Insurance Company O | RECORDKEEPER | $25,713 | $0 | 2023 |
| Qdro Consultants Company, LLC | OTHER | $300 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for East Cambridge Savings Bank
- 2023 Form 5500 filing
- Form 5500 filings in MA
- 401(k) and benefit plan filings in Cambridge, MA
- Capfinancial Partners LLC Dba Captr — Schedule C compensation
- Empower Annuity Insurance Company O — Schedule C compensation
- Qdro Consultants Company, LLC — Schedule C compensation