Union Savings Bank 401(K) Profit Sharing Plan & Trust — Form 5500 plan (Union 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, Union Savings Bank 401(K) Profit Sharing Plan & Trust is a benefit plan reported by Union Savings Bank under EIN 06-0570800 and plan number 002. The latest loaded filing year is 2023. The filing reports 485 participants and $67,327,624 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Union Savings Bank
- EIN
- 06-0570800
- Plan number
- 002
- Plan type
- 2
- Location
- Danbury, CT
- Latest filing year
- 2023
- Participants
- 485
- End-of-year plan assets
- $67,327,624
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 485 | H, C | 20241015113432NAL0016237763001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $67,327,624
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $67,327,624
- Net assets (BOY)
- $57,315,235
Income & contributions
- Employer contributions
- $1,039,482
- Participant contributions
- $3,030,991
- Total contributions
- $4,518,008
- Total income / additions
- $13,721,995
Expenses & distributions
- Benefits paid
- $3,575,400
- Administrative expenses
- $135,321
- Total expenses
- $3,709,606
- Net increase / (decrease)
- $10,012,389
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Prudential Retirement Insurance And | NONE | $79,138 | $0 | 2023 |
| Dimeo Schneider & Associates | NONE | $37,234 | not reported in the loaded dataset | 2023 |
| Wolf And Company Pc | NONE | $18,500 | not reported in the loaded dataset | 2023 |