Genesee Regional Bank 401(K) Plan And Trust — Form 5500 plan (Genesee Regional 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, Genesee Regional Bank 401(K) Plan And Trust is a benefit plan reported by Genesee Regional Bank under EIN 36-3351119 and plan number 001. The latest loaded filing year is 2023. The filing reports 206 participants and $18,286,130 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Genesee Regional Bank
- EIN
- 36-3351119
- Plan number
- 001
- Plan type
- 2
- Location
- Rochester, NY
- Latest filing year
- 2023
- Participants
- 206
- End-of-year plan assets
- $18,286,130
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 206 | H, C | 20240808155746NAL0011406882001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $18,286,130
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $18,286,130
- Net assets (BOY)
- $16,354,509
Income & contributions
- Employer contributions
- $594,690
- Participant contributions
- $1,506,664
- Total contributions
- $2,216,344
- Total income / additions
- $5,050,552
Expenses & distributions
- Benefits paid
- $3,039,887
- Administrative expenses
- $79,044
- Total expenses
- $3,118,931
- Net increase / (decrease)
- $1,931,621
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| The Waterford Group LLC | ADVISOR | $51,034 | not reported in the loaded dataset | 2023 |
| Fidelity Investments Institutional | RECORDKEEPER | $28,010 | $0 | 2023 |