Plan5500

Retirement Plan For Employees Of Ion Bank — Form 5500 plan (Ion 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, Retirement Plan For Employees Of Ion Bank is a benefit plan reported by Ion Bank under EIN 06-0465530 and plan number 001. The latest loaded filing year is 2023. The filing reports 205 participants and $79,275,680 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Ion Bank
EIN
06-0465530
Plan number
001
Plan type
2
Location
Naugatuck, CT
Latest filing year
2023
Participants
205
End-of-year plan assets
$79,275,680

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023205H, C20241009131620NAL0019270033001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$79,275,680
Total liabilities (EOY)
$0
Net assets (EOY)
$79,275,680
Net assets (BOY)
$70,963,872

Income & contributions

Employer contributions
$0
Total contributions
$0
Total income / additions
$11,245,957

Expenses & distributions

Benefits paid
$2,764,004
Administrative expenses
$170,145
Total expenses
$2,934,149
Net increase / (decrease)
$8,311,808

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
BroadridgeNONE$124,569$02023
Aetna Life Insurance CompanyNONE$45,690not reported in the loaded dataset2023

Related Form 5500 pages