Somerset Trust Company Defined Benefit Pension Plan — Form 5500 plan (Somerset 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, Somerset Trust Company Defined Benefit Pension Plan is a benefit plan reported by Somerset Trust Company under EIN 25-0807970 and plan number 002. The latest loaded filing year is 2023. The filing reports 300 participants and $4,990,339 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Somerset Trust Company
- EIN
- 25-0807970
- Plan number
- 002
- Plan type
- 2
- Location
- Somerset, PA
- Latest filing year
- 2023
- Participants
- 300
- End-of-year plan assets
- $4,990,339
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 300 | H | 20241007165717NAL0007794707001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $4,990,339
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $4,990,339
- Net assets (BOY)
- $15,681,239
Income & contributions
- Total contributions
- $0
- Total income / additions
- $788,817
Expenses & distributions
- Benefits paid
- $11,398,477
- Administrative expenses
- $81,240
- Total expenses
- $11,479,717
- Net increase / (decrease)
- -$10,690,900
Service provider compensation (Schedule C)
No Schedule C service provider compensation is loaded for this plan yet.