Peoples Security Bank & Trust Co. Employee Stock Ownership Plan — Form 5500 plan (Peoples Security Bank & Trust Company)

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, Peoples Security Bank & Trust Co. Employee Stock Ownership Plan is a benefit plan reported by Peoples Security Bank & Trust Company under EIN 24-0603570 and plan number 003. The latest loaded filing year is 2023. The filing reports 416 participants and $5,638,480 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$5.6MPlan net assets, end of year$5,638,480
Participants416Covered participants reported
Assets / participant$13.6KComputed: assets ÷ participants$13,554 (computed)
Provider compensationNone reported
Plan sponsor
Peoples Security Bank & Trust Company
EIN
24-0603570
Plan number
003
Plan type
2
Location
Scranton, PA
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023416H20241010132838NAL0021046833001
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$5.6M total assets
Net assets$5.6MLiabilities$0
Money in vs. money out
Total income / additions-$163.5K
Total expenses$349.3K
Benefits paid / distributions$349.3K
Contributions
Employer$0
ParticipantNot reported
Full reported line items

Net assets

Total assets (EOY)
$5,638,480
Total liabilities (EOY)
$0
Net assets (EOY)
$5,638,480
Net assets (BOY)
$6,151,292

Income & contributions

Employer contributions
$0
Total contributions
$0
Total income / additions
-$163,474

Expenses & distributions

Benefits paid
$349,338
Administrative expenses
$0
Total expenses
$349,338
Net increase / (decrease)
-$512,812

Service provider compensation (Schedule C)

No Schedule C service provider compensation is loaded for this plan yet.

Related Form 5500 pages