Forward Bank 401(K) Plan — Form 5500 plan (Forward 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, Forward Bank 401(K) Plan is a benefit plan reported by Forward Bank under EIN 39-0452950 and plan number 003. The latest loaded filing year is 2023. The filing reports 188 participants and $19,047,655 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Forward Bank
- EIN
- 39-0452950
- Plan number
- 003
- Plan type
- 2
- Location
- Marshfield, WI
- Latest filing year
- 2023
- Participants
- 188
- End-of-year plan assets
- $19,047,655
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 188 | H, C | 20240906125533NAL0001126737001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $19,047,655
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $19,047,655
- Net assets (BOY)
- $15,213,183
Income & contributions
- Employer contributions
- $738,583
- Participant contributions
- $1,156,381
- Total contributions
- $2,008,418
- Total income / additions
- $4,559,273
Expenses & distributions
- Benefits paid
- $637,273
- Administrative expenses
- $67,911
- Total expenses
- $724,801
- Net increase / (decrease)
- $3,834,472
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Fidelity Investments Institutional | RECORDKEEPER | $36,950 | $0 | 2023 |
| Cetera Investment Advisors LLC | ADVISOR | $30,961 | not reported in the loaded dataset | 2023 |