Torrington Savings Bank 401(K) Savings Plan — Form 5500 plan (Torrington 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, Torrington Savings Bank 401(K) Savings Plan is a benefit plan reported by Torrington Savings Bank under EIN 06-0564890 and plan number 002. The latest loaded filing year is 2023. The filing reports 169 participants and $24,873,920 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Torrington Savings Bank
- EIN
- 06-0564890
- Plan number
- 002
- Plan type
- 2
- Location
- Torrington, CT
- Latest filing year
- 2023
- Participants
- 169
- End-of-year plan assets
- $24,873,920
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 169 | H, C | 20240703085653NAL0006142817001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $24,873,920
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $24,873,920
- Net assets (BOY)
- $21,497,961
Income & contributions
- Employer contributions
- $737,433
- Participant contributions
- $749,627
- Total contributions
- $1,547,723
- Total income / additions
- $5,146,526
Expenses & distributions
- Benefits paid
- $1,665,192
- Administrative expenses
- $105,375
- Total expenses
- $1,770,567
- Net increase / (decrease)
- $3,375,959
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Hooker & Holcombe Retirement Servic | NONE | $59,029 | not reported in the loaded dataset | 2023 |
| Hooker & Holcombe Investment Adviso | NONE | $32,761 | not reported in the loaded dataset | 2023 |
| Caron & Bletzer, Pllc | NONE | $13,585 | not reported in the loaded dataset | 2023 |
| Charles Schwab Trust Bank | SHAREHOLDER SERVICES | $0 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Torrington Savings Bank
- 2023 Form 5500 filing
- Form 5500 filings in CT
- 401(k) and benefit plan filings in Torrington, CT
- Hooker & Holcombe Retirement Servic — Schedule C compensation
- Hooker & Holcombe Investment Adviso — Schedule C compensation
- Caron & Bletzer, Pllc — Schedule C compensation
- Charles Schwab Trust Bank — Schedule C compensation