E.S.A.I.C., Inc. Dba Eastern Shore Associates Employee Stock Ownership Plan — Form 5500 plan (E.S.A.I.C., Inc. Dba Eastern Shore Associates)

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, E.S.A.I.C., Inc. Dba Eastern Shore Associates Employee Stock Ownership Plan is a benefit plan reported by E.S.A.I.C., Inc. Dba Eastern Shore Associates under EIN 16-1265337 and plan number 002. The latest loaded filing year is 2023. The filing reports 94 participants and $11,031,915 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$11MPlan net assets, end of year$11,031,915
Participants94Covered participants reported
Assets / participant$117.4KComputed: assets ÷ participants$117,361 (computed)
Provider compensationNone reported
Plan sponsor
E.S.A.I.C., Inc. Dba Eastern Shore Associates
EIN
16-1265337
Plan number
002
Plan type
2
Location
Fulton, NY
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
202394I20240828141101NAL0011914545001
Schedule I · 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)$11M total assets
Net assets$11MLiabilities
Money in vs. money out
Total income / additions$2.2M
Total expenses$775.7K
Benefits paid / distributions$775.7K
Contributions
Employer$900K
ParticipantNot reported
Full reported line items

Net assets

Total assets (EOY)
$11,031,915
Net assets (EOY)
$11,031,915
Net assets (BOY)
$9,560,063

Income & contributions

Employer contributions
$900,000
Total income / additions
$2,247,526

Expenses & distributions

Benefits paid
$775,674
Total expenses
$775,674
Net increase / (decrease)
$1,471,852
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Total expenses ÷ net assets7%Computed ratio
Benefits paid ÷ total income35%Computed ratio

Service provider compensation (Schedule C)

No Schedule C service provider compensation is loaded for this plan yet.

Related Form 5500 pages