Ridgewood Savings Bank Profit Sharing And 401 (K) Plan — Form 5500 plan (Ridgewood 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, Ridgewood Savings Bank Profit Sharing And 401 (K) Plan is a benefit plan reported by Ridgewood Savings Bank under EIN 11-1241830 and plan number 002. The latest loaded filing year is 2023. The filing reports 869 participants and $118,314,237 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Ridgewood Savings Bank
- EIN
- 11-1241830
- Plan number
- 002
- Plan type
- 2
- Location
- Ridgewood, NY
- Latest filing year
- 2023
- Participants
- 869
- End-of-year plan assets
- $118,314,237
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 869 | H, C | 20241015150017NAL0048523712001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $118,314,237
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $118,314,237
- Net assets (BOY)
- $101,832,087
Income & contributions
- Employer contributions
- $1,781,132
- Participant contributions
- $3,166,966
- Total contributions
- $5,201,119
- Total income / additions
- $22,839,326
Expenses & distributions
- Benefits paid
- $6,330,966
- Administrative expenses
- $26,210
- Total expenses
- $6,357,176
- Net increase / (decrease)
- $16,482,150
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Vanguard Advisers Inc. | NONE | $17,835 | not reported in the loaded dataset | 2023 |
| The Vanguard Group, Inc. | NONE | $13,975 | $0 | 2023 |