Plan5500

Chelsea Groton Bank Savings Plan — Form 5500 plan (Chelsea Groton 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, Chelsea Groton Bank Savings Plan is a benefit plan reported by Chelsea Groton Bank under EIN 06-0376640 and plan number 002. The latest loaded filing year is 2023. The filing reports 298 participants and $40,107,564 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Chelsea Groton Bank
EIN
06-0376640
Plan number
002
Plan type
2
Location
Groton, CT
Latest filing year
2023
Participants
298
End-of-year plan assets
$40,107,564

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023298H, C20241001145351NAL0006965617001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$40,107,564
Net assets (EOY)
$40,107,564
Net assets (BOY)
$33,498,998

Income & contributions

Employer contributions
$1,224,271
Participant contributions
$1,154,161
Total contributions
$2,392,220
Total income / additions
$8,431,360

Expenses & distributions

Benefits paid
$1,736,856
Administrative expenses
$85,938
Total expenses
$1,822,794
Net increase / (decrease)
$6,608,566

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Transamerica Retirement SolutionsRECORDKEEPER$68,688$02023
Hooker & Holcombe Investment AdvINVESTMENT ADVISORY$17,250not reported in the loaded dataset2023
National Financial ServicesSECURITIES BROKER$0$02023

Related Form 5500 pages