Honat Bancorp, Inc. Employee Stock Ownership Plan W/401(K) Provisions — Form 5500 plan (Honat Bancorp, Inc.)

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, Honat Bancorp, Inc. Employee Stock Ownership Plan W/401(K) Provisions is a benefit plan reported by Honat Bancorp, Inc. under EIN 23-6758504 and plan number 003. The latest loaded filing year is 2023. The filing reports 222 participants and $29,220,010 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Honat Bancorp, Inc.
EIN
23-6758504
Plan number
003
Plan type
2
Location
Honesdale, PA
Latest filing year
2023
Participants
222
End-of-year plan assets
$29,220,010

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023222H, C20240801071716NAL0038469296001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$29,220,010
Total liabilities (EOY)
$4,090
Net assets (EOY)
$29,215,920
Net assets (BOY)
$28,677,583

Income & contributions

Employer contributions
$1,275,963
Participant contributions
$831,357
Total contributions
$2,168,553
Total income / additions
$3,359,363

Expenses & distributions

Benefits paid
$2,782,704
Administrative expenses
$38,322
Total expenses
$2,821,026
Net increase / (decrease)
$538,337

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
NationwideINVESTMENT MGMT$32,473$1,9002023
Benefit Resources, Inc.TPA$5,858not reported in the loaded dataset2023

Related Form 5500 pages