Ulster Savings Bank 401(K) Plan — Form 5500 plan (Ulster 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, Ulster Savings Bank 401(K) Plan is a benefit plan reported by Ulster Savings Bank under EIN 14-1136850 and plan number 002. The latest loaded filing year is 2023. The filing reports 392 participants and $60,485,924 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Ulster Savings Bank
- EIN
- 14-1136850
- Plan number
- 002
- Plan type
- 2
- Location
- Kingston, NY
- Latest filing year
- 2023
- Participants
- 392
- End-of-year plan assets
- $60,485,924
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 392 | H, C | 20241002082721NAL0013927440001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $60,485,924
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $60,485,924
- Net assets (BOY)
- $57,241,571
Income & contributions
- Employer contributions
- $1,249,431
- Participant contributions
- $1,613,168
- Total contributions
- $3,152,416
- Total income / additions
- $9,821,470
Expenses & distributions
- Benefits paid
- $6,400,838
- Administrative expenses
- $137,554
- Total expenses
- $6,577,117
- Net increase / (decrease)
- $3,244,353
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Onedigital Investment Advisors LLC | INVESTMENT ADVISOR | $114,785 | not reported in the loaded dataset | 2023 |
| Wolf & Company, P.C. | AUDITOR | $22,000 | not reported in the loaded dataset | 2023 |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $769 | not reported in the loaded dataset | 2023 |
| Empower Life & Annuity Insurance Co | RECORDKEEPER | $0 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Ulster Savings Bank
- 2023 Form 5500 filing
- Form 5500 filings in NY
- 401(k) and benefit plan filings in Kingston, NY
- Onedigital Investment Advisors LLC — Schedule C compensation
- Wolf & Company, P.C. — Schedule C compensation
- Empower Advisory Group, LLC — Schedule C compensation
- Empower Life & Annuity Insurance Co — Schedule C compensation