Newtown Savings Bank Defined Benefit Pension Plan — Form 5500 plan (Newtown 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, Newtown Savings Bank Defined Benefit Pension Plan is a benefit plan reported by Newtown Savings Bank under EIN 06-0472240 and plan number 001. The latest loaded filing year is 2023. The filing reports 155 participants and $11,551,318 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$11.6MPlan net assets, end of year$11,551,318
Participants155Covered participants reported
Assets / participant$74.5KComputed: assets ÷ participants$74,525 (computed)
Provider compensation$66K2 Schedule C provider row(s)$66,020
- Plan sponsor
- Newtown Savings Bank
- EIN
- 06-0472240
- Plan number
- 001
- Plan type
- 2
- Location
- Newtown, CT
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 155 | H, C | 20250624113743NAL0016621410001 |
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)$11.6M total assets
Net assets$11.6MLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $11,551,318
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $11,551,318
- Net assets (BOY)
- $11,977,027
Income & contributions
- Total contributions
- $0
- Total income / additions
- $1,694,779
Expenses & distributions
- Benefits paid
- $2,034,700
- Administrative expenses
- $85,788
- Total expenses
- $2,120,488
- Net increase / (decrease)
- -$425,709
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 assets18%Computed ratio
Benefits paid ÷ total income120%Computed ratio
Provider comp. ÷ net assets1%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Bank Of America | NONE | $45,220 | not reported in the loaded dataset | 2023 |
| Usi Consulting Group, Inc | NONE | $20,800 | not reported in the loaded dataset | 2023 |