Torrington Savings Bank Health Benefit 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 Health Benefit Plan is a benefit plan reported by Torrington Savings Bank under EIN 06-0564890 and plan number 550. The latest loaded filing year is 2023. The filing reports 92 participants and $11,722 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$0Plan net assets, end of year
Participants92Covered participants reported
Assets / participant$127Computed: assets ÷ participants$127 (computed)
Provider compensationNone reported
Plan sponsor
Torrington Savings Bank
EIN
06-0564890
Plan number
550
Plan type
2
Location
Torrington, CT
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
202392I20240729082355NAL0019123697001
Schedule I · 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)$11.7K total assets
Net assets$0Liabilities$11.7K
Money in vs. money out
Total income / additions$1.5M
Total expenses$1.5M
Benefits paid / distributions$1.5M
Contributions
Employer$1.2M
Participant$287.9K
Full reported line items

Net assets

Total assets (EOY)
$11,722
Total liabilities (EOY)
$11,722
Net assets (EOY)
$0
Net assets (BOY)
$0

Income & contributions

Employer contributions
$1,193,300
Participant contributions
$287,871
Total income / additions
$1,481,171

Expenses & distributions

Benefits paid
$1,473,520
Total expenses
$1,481,171
Net increase / (decrease)
$0
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.

Contribution share (employer vs. participant)
Employer 81%Participant 19%
Benefits paid ÷ total income99%Computed ratio

Service provider compensation (Schedule C)

No Schedule C service provider compensation is loaded for this plan yet.

Related Form 5500 pages