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, Bankwell Financial Group, Inc. And Its Subsidiaries And Affiliates 401(K) Plan is a benefit plan reported by Bankwell Financial Group, Inc. under EIN 20-8251355 and plan number 001. The latest loaded filing year is 2023. The filing reports 207 participants and $13,545,967 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $13,545,967
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $13,545,967
- Net assets (BOY)
- $12,858,761
Income & contributions
- Employer contributions
- $289,135
- Participant contributions
- $1,208,447
- Total contributions
- $1,858,093
- Total income / additions
- $3,802,531
Expenses & distributions
- Benefits paid
- $3,076,420
- Administrative expenses
- $3,574
- Total expenses
- $3,115,325
- Net increase / (decrease)
- $687,206