Reliance Savings Bank Profit Sharing And 401(K) Plan — Form 5500 plan (Reliance 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, Reliance Savings Bank Profit Sharing And 401(K) Plan is a benefit plan reported by Reliance Savings Bank under EIN 23-1012663 and plan number 002. The latest loaded filing year is 2023. The filing reports 122 participants and $14,158,703 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Reliance Savings Bank
- EIN
- 23-1012663
- Plan number
- 002
- Plan type
- 2
- Location
- Altoona, PA
- Latest filing year
- 2023
- Participants
- 122
- End-of-year plan assets
- $14,158,703
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 122 | H, C | 20240730100748NAL0011712531001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $14,158,703
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $14,158,703
- Net assets (BOY)
- $13,755,966
Income & contributions
- Employer contributions
- $332,526
- Participant contributions
- $476,417
- Total contributions
- $847,513
- Total income / additions
- $2,798,592
Expenses & distributions
- Benefits paid
- $2,392,474
- Administrative expenses
- $3,381
- Total expenses
- $2,395,855
- Net increase / (decrease)
- $402,737
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Cambridge Investment Research Advis | INVESTMENT ADVISORY | $0 | $26,917 | 2023 |
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $3,380 | $0 | 2023 |
| Wilshire Advisors LLC | INVESTMENT ADVISORY | $0 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Reliance Savings Bank
- 2023 Form 5500 filing
- Form 5500 filings in PA
- 401(k) and benefit plan filings in Altoona, PA
- Cambridge Investment Research Advis — Schedule C compensation
- Principal Life Insurance Company — Schedule C compensation
- Wilshire Advisors LLC — Schedule C compensation