Dart Bank 401(K) Employee Stock Ownership Plan — Form 5500 plan (Dart 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, Dart Bank 401(K) Employee Stock Ownership Plan is a benefit plan reported by Dart Bank under EIN 38-0464116 and plan number 001. The latest loaded filing year is 2023. The filing reports 257 participants and $26,231,246 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Dart Bank
- EIN
- 38-0464116
- Plan number
- 001
- Plan type
- 2
- Location
- Mason, MI
- Latest filing year
- 2023
- Participants
- 257
- End-of-year plan assets
- $26,231,246
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 257 | H, C | 20240806143656NAL0002378081001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $26,231,246
- Net assets (EOY)
- $26,231,246
- Net assets (BOY)
- $20,839,393
Income & contributions
- Employer contributions
- $824,418
- Participant contributions
- $1,580,647
- Total contributions
- $4,039,650
- Total income / additions
- $7,396,558
Expenses & distributions
- Benefits paid
- $2,007,154
- Administrative expenses
- -$2,449
- Total expenses
- $2,004,705
- Net increase / (decrease)
- $5,391,853
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Cambridge Investment Research Inc | BROKER/ ADVISOR | $0 | $46,568 | 2023 |
| Maner Costerisan & Ellis Pc | AUDITOR | $10,800 | $0 | 2023 |
| Ellis Benefits Group Inc | CONTRACT ADMIN | $5,865 | $0 | 2023 |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $5,298 | $0 | 2023 |
| Camels Consulting Group LLC | OTHER | $2,200 | $0 | 2023 |
| Empower Annuity Insurance Company | RECORDKEEPER | $0 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Dart Bank
- 2023 Form 5500 filing
- Form 5500 filings in MI
- 401(k) and benefit plan filings in Mason, MI
- Cambridge Investment Research Inc — Schedule C compensation
- Maner Costerisan & Ellis Pc — Schedule C compensation
- Ellis Benefits Group Inc — Schedule C compensation
- Empower Advisory Group, LLC — Schedule C compensation
- Camels Consulting Group LLC — Schedule C compensation
- Empower Annuity Insurance Company — Schedule C compensation