Hometown Bank Amended And Restated Employee Stock Ownership Plan — Form 5500 plan (Hometown 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, Hometown Bank Amended And Restated Employee Stock Ownership Plan is a benefit plan reported by Hometown Bank under EIN 34-0295215 and plan number 002. The latest loaded filing year is 2023. The filing reports 73 participants and $980,675 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Hometown Bank
- EIN
- 34-0295215
- Plan number
- 002
- Plan type
- 2
- Location
- Kent, OH
- Latest filing year
- 2023
- Participants
- 73
- End-of-year plan assets
- $980,675
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 73 | I | 20250311134925NAL0029578480001 |
Reported financial statement (2023 · Schedule I)
Net assets
- Total assets (EOY)
- $980,675
- Net assets (EOY)
- $980,675
- Net assets (BOY)
- $1,017,024
Income & contributions
- Employer contributions
- $62,902
- Total income / additions
- $1,483
Expenses & distributions
- Benefits paid
- $37,832
- Total expenses
- $37,832
- Net increase / (decrease)
- -$36,349
Service provider compensation (Schedule C)
No Schedule C service provider compensation is loaded for this plan yet.