The Retirement Plan Of Rhinebeck Savings Bank — Form 5500 plan (Rhinebeck 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, The Retirement Plan Of Rhinebeck Savings Bank is a benefit plan reported by Rhinebeck Bank under EIN 14-1002430 and plan number 001. The latest loaded filing year is 2023. The filing reports 185 participants and $19,033,165 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$19MPlan net assets, end of year$19,033,165
Participants185Covered participants reported
Assets / participant$102.9KComputed: assets ÷ participants$102,882 (computed)
Provider compensation$65.1K1 Schedule C provider row(s)$65,140
- Plan sponsor
- Rhinebeck Bank
- EIN
- 14-1002430
- Plan number
- 001
- Plan type
- 2
- Location
- Poughkeepsie, NY
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 185 | H, C | 20250814142605NAL0005453299001 |
Schedule H · 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)$19M total assets
Net assets$19MLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $19,033,165
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $19,033,165
- Net assets (BOY)
- $16,501,051
Income & contributions
- Total contributions
- $0
- Total income / additions
- $3,343,310
Expenses & distributions
- Benefits paid
- $746,056
- Administrative expenses
- $65,140
- Total expenses
- $811,196
- Net increase / (decrease)
- $2,532,114
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $65,140 | $0 | 2023 |