First County Bank Savings Plan — Form 5500 plan (First 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, First County Bank Savings Plan is a benefit plan reported by First County Bank under EIN 06-0547190 and plan number 002. The latest loaded filing year is 2023. The filing reports 300 participants and $37,102,584 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- First County Bank
- EIN
- 06-0547190
- Plan number
- 002
- Plan type
- 2
- Location
- Stamford, CT
- Latest filing year
- 2023
- Participants
- 300
- End-of-year plan assets
- $37,102,584
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 300 | H, C | 20241010074757NAL0019767345001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $37,102,584
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $37,102,584
- Net assets (BOY)
- $31,048,171
Income & contributions
- Employer contributions
- $1,016,813
- Participant contributions
- $1,632,436
- Total contributions
- $2,701,847
- Total income / additions
- $7,846,596
Expenses & distributions
- Benefits paid
- $1,778,321
- Administrative expenses
- $13,862
- Total expenses
- $1,792,183
- Net increase / (decrease)
- $6,054,413
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Excel Wealth Management, LLC | INVESTMENT ADVISORY | $0 | $83,003 | 2023 |
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $13,862 | $0 | 2023 |