Rhinebeck Bank Employee Stock Ownership Plan — 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, Rhinebeck Bank Employee Stock Ownership Plan is a benefit plan reported by Rhinebeck Bank under EIN 14-1002430 and plan number 006. The latest loaded filing year is 2023. The filing reports 180 participants and $3,424,823 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)-$187.1KPlan net assets, end of year-$187,082
Participants180Covered participants reported
Assets / participant$19KComputed: assets ÷ participants$19,027 (computed)
Provider compensationNone reported
- Plan sponsor
- Rhinebeck Bank
- EIN
- 14-1002430
- Plan number
- 006
- Plan type
- 2
- Location
- Poughkeepsie, NY
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 180 | H | 20240930125758NAL0011187170001 |
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)$3.4M total assets
Net assets-$187.1KLiabilities$3.6M
Full reported line items
Net assets
- Total assets (EOY)
- $3,424,823
- Total liabilities (EOY)
- $3,611,905
- Net assets (EOY)
- -$187,082
- Net assets (BOY)
- $195,417
Income & contributions
- Employer contributions
- $409,151
- Total contributions
- $409,151
- Total income / additions
- -$51,705
Expenses & distributions
- Benefits paid
- $50,253
- Administrative expenses
- $0
- Total expenses
- $330,794
- Net increase / (decrease)
- -$382,499
Service provider compensation (Schedule C)
No Schedule C service provider compensation is loaded for this plan yet.