The Joseph A. Bank Mfg. Co., Inc. Defined Benefit Pension Plan — Form 5500 plan (The Joseph A. Bank Mfg. Co., 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, The Joseph A. Bank Mfg. Co., Inc. Defined Benefit Pension Plan is a benefit plan reported by The Joseph A. Bank Mfg. Co., Inc. under EIN 36-3189198 and plan number 002. The latest loaded filing year is 2023. The filing reports 221 participants and $2,621,039 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
The Joseph A. Bank Mfg. Co., Inc.
EIN
36-3189198
Plan number
002
Plan type
2
Location
Hampstead, MD
Latest filing year
2023
Participants
221
End-of-year plan assets
$2,621,039

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023221H, C20240927213700NAL0002890161001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$2,621,039
Total liabilities (EOY)
$0
Net assets (EOY)
$2,621,039
Net assets (BOY)
$2,357,559

Income & contributions

Employer contributions
$206,092
Total contributions
$206,092
Total income / additions
$509,990

Expenses & distributions

Benefits paid
$186,878
Administrative expenses
$59,632
Total expenses
$246,510
Net increase / (decrease)
$263,480

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
PrincipalNONE$12,988not reported in the loaded dataset2023

Related Form 5500 pages