Orrstown Bank 401(K) Plan — Form 5500 plan (Orrstown 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, Orrstown Bank 401(K) Plan is a benefit plan reported by Orrstown Bank under EIN 23-0934350 and plan number 002. The latest loaded filing year is 2023. The filing reports 578 participants and $34,843,162 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Orrstown Bank
- EIN
- 23-0934350
- Plan number
- 002
- Plan type
- 2
- Location
- Chambersburg, PA
- Latest filing year
- 2023
- Participants
- 578
- End-of-year plan assets
- $34,843,162
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 578 | H, C | 20241015143502NAL0016641331001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $34,843,162
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $34,843,162
- Net assets (BOY)
- $31,035,600
Income & contributions
- Employer contributions
- $882,184
- Participant contributions
- $2,507,905
- Total contributions
- $3,571,874
- Total income / additions
- $8,702,588
Expenses & distributions
- Benefits paid
- $4,847,709
- Administrative expenses
- $47,317
- Total expenses
- $4,895,026
- Net increase / (decrease)
- $3,807,562
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Lifestyle Retirement Company | THIRD PARTY ADMINISTRATO | $0 | $15,327 | 2023 |
| Morningstar | SERVICE PROVIDER | $719 | $5,094 | 2023 |