Plan5500

Independence Community Bank Employees Retirement Plan — Form 5500 plan (Independence Community Bank C/O Santander Holdings Usa, Inc.)

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, Independence Community Bank Employees Retirement Plan is a benefit plan reported by Independence Community Bank C/O Santander Holdings Usa, Inc. under EIN 11-1350490 and plan number 001. The latest loaded filing year is 2023. The filing reports 1,567 participants and $79,372,235 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Independence Community Bank C/O Santander Holdings Usa, Inc.
EIN
11-1350490
Plan number
001
Plan type
2
Location
Boston, MA
Latest filing year
2023
Participants
1,567
End-of-year plan assets
$79,372,235

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20231,567H, C20241014162550NAL0013618211001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$79,372,235
Total liabilities (EOY)
$0
Net assets (EOY)
$79,372,235
Net assets (BOY)
$79,792,218

Income & contributions

Total contributions
$0
Total income / additions
$5,785,345

Expenses & distributions

Benefits paid
$5,681,848
Administrative expenses
$523,480
Total expenses
$6,205,328
Net increase / (decrease)
-$419,983

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Sei Private Trust CoTRUSTEE$175,792$02023
Willis Towers Watson Us LLCNONE$41,350not reported in the loaded dataset2023
Conrad SiegelNONE$25,298not reported in the loaded dataset2023
Herbein + Company, Inc.NONE$17,500not reported in the loaded dataset2023

Related Form 5500 pages