Centric Bank 401k Plan — Form 5500 plan (Centric 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, Centric Bank 401k Plan is a benefit plan reported by Centric Bank under EIN 23-0510610 and plan number 001. The latest loaded filing year is 2023. The filing reports 138 participants and $0 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Centric Bank
- EIN
- 23-0510610
- Plan number
- 001
- Plan type
- 2
- Location
- Enola, PA
- Latest filing year
- 2023
- Participants
- 138
- End-of-year plan assets
- $0
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 138 | H, C | 20240129120846NAL0011714723001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $0
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $0
- Net assets (BOY)
- $6,101,611
Income & contributions
- Employer contributions
- $40,492
- Participant contributions
- $122,078
- Total contributions
- $162,570
- Total income / additions
- $579,756
Expenses & distributions
- Benefits paid
- $6,613,515
- Administrative expenses
- $35,906
- Total expenses
- $6,681,367
- Net increase / (decrease)
- -$6,101,611
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Pa Retirement Solutions, Inc. | CONTRACT ADMIN | $13,818 | $2,804 | 2023 |
| Empower Annuity Ins Co Of America | RECORDKEEPER | $9,283 | $0 | 2023 |
| Rbc Capital Markets, LLC | INVESTMENT ADVISOR | $8,412 | not reported in the loaded dataset | 2023 |
| Empower Advisory Group | INVESTMENT MGMT | $3,852 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Centric Bank
- 2023 Form 5500 filing
- Form 5500 filings in PA
- 401(k) and benefit plan filings in Enola, PA
- Pa Retirement Solutions, Inc. — Schedule C compensation
- Empower Annuity Ins Co Of America — Schedule C compensation
- Rbc Capital Markets, LLC — Schedule C compensation
- Empower Advisory Group — Schedule C compensation