Fairfield County Bank Incentive Retirement Plan — Form 5500 plan (Fairfield County 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, Fairfield County Bank Incentive Retirement Plan is a benefit plan reported by Fairfield County Bank under EIN 06-0510330 and plan number 002. The latest loaded filing year is 2023. The filing reports 362 participants and $80,730,633 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Fairfield County Bank
- EIN
- 06-0510330
- Plan number
- 002
- Plan type
- 2
- Location
- Ridgefield, CT
- Latest filing year
- 2023
- Participants
- 362
- End-of-year plan assets
- $80,730,633
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 362 | H, C | 20241001144741NAL0004113955001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $80,730,633
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $80,730,633
- Net assets (BOY)
- $73,015,838
Income & contributions
- Employer contributions
- $1,735,131
- Participant contributions
- $2,345,679
- Total contributions
- $4,391,037
- Total income / additions
- $16,468,302
Expenses & distributions
- Benefits paid
- $8,694,515
- Administrative expenses
- $46,186
- Total expenses
- $8,753,507
- Net increase / (decrease)
- $7,714,795
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Prudential Retirement Insurance And | NONE | $40,663 | $0 | 2023 |
| Creative Planning LLC | NONE | $5,000 | not reported in the loaded dataset | 2023 |