The Hometown Savings Bank Employee 401(K) Plan And Trust — Form 5500 plan (The Hometown Savings 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, The Hometown Savings Bank Employee 401(K) Plan And Trust is a benefit plan reported by The Hometown Savings Bank under EIN 44-0160260 and plan number 002. The latest loaded filing year is 2023. The filing reports 140 participants and $13,761,570 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$13.8MPlan net assets, end of year$13,761,570
Participants140Covered participants reported
Assets / participant$98.3KComputed: assets ÷ participants$98,297 (computed)
Provider compensation$13.6K2 Schedule C provider row(s)$13,616
- Plan sponsor
- The Hometown Savings Bank
- EIN
- 44-0160260
- Plan number
- 002
- Plan type
- 2
- Location
- Terre Haute, IN
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 140 | H, C | 20241014081637NAL0014636643001 |
Schedule H · 2023
Reported financial statement
Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.
Reported balance (end of year)$13.8M total assets
Net assets$13.8MLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $13,761,570
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $13,761,570
- Net assets (BOY)
- $11,508,729
Income & contributions
- Employer contributions
- $379,099
- Participant contributions
- $451,455
- Total contributions
- $1,000,221
- Total income / additions
- $2,601,024
Expenses & distributions
- Benefits paid
- $334,567
- Administrative expenses
- $13,616
- Total expenses
- $348,183
- Net increase / (decrease)
- $2,252,841
Computed from reported fields
Reported ratios
Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.
46%54%
Employer 46%Participant 54%
Total expenses ÷ net assets3%Computed ratio
Benefits paid ÷ total income13%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Ameritas Life Insurance Corp | NONE | $13,616 | not reported in the loaded dataset | 2023 |
| Charles Schwab Bank | NONE | $0 | $0 | 2023 |