Wayne Bank Employee Stock Ownership Plan — Form 5500 plan (Wayne 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, Wayne Bank Employee Stock Ownership Plan is a benefit plan reported by Wayne Bank under EIN 24-0754330 and plan number 003. The latest loaded filing year is 2023. The filing reports 54 participants and $2,883,626 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Wayne Bank
- EIN
- 24-0754330
- Plan number
- 003
- Plan type
- 2
- Location
- Honesdale, PA
- Latest filing year
- 2023
- Participants
- 54
- End-of-year plan assets
- $2,883,626
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 54 | I | 20240523104747NAL0005086097001 |
Reported financial statement (2023 · Schedule I)
Net assets
- Total assets (EOY)
- $2,883,626
- Net assets (EOY)
- $2,883,626
- Net assets (BOY)
- $3,996,199
Income & contributions
- Total income / additions
- $73,550
Expenses & distributions
- Benefits paid
- $1,186,123
- Total expenses
- $1,186,123
- Net increase / (decrease)
- -$1,112,573
Service provider compensation (Schedule C)
No Schedule C service provider compensation is loaded for this plan yet.