Eseclending Retirement Savings Plan — Form 5500 plan (Securities Finance Trust Company)

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, Eseclending Retirement Savings Plan is a benefit plan reported by Securities Finance Trust Company under EIN 46-3307340 and plan number 001. The latest loaded filing year is 2023. The filing reports 124 participants and $15,365,383 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$15.4MPlan net assets, end of year$15,365,383
Participants124Covered participants reported
Assets / participant$123.9KComputed: assets ÷ participants$123,914 (computed)
Provider compensation$13.7K2 Schedule C provider row(s)$13,702
Plan sponsor
Securities Finance Trust Company
EIN
46-3307340
Plan number
001
Plan type
2
Location
Boston, MA
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023124H, C20240729093408NAL0010909411001
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)$15.4M total assets
Net assets$15.4MLiabilities$0
Money in vs. money out
Total income / additions$3.9M
Total expenses$1.5M
Benefits paid / distributions$1.5M
Contributions
Employer$203.8K
Participant$1M
Full reported line items

Net assets

Total assets (EOY)
$15,365,383
Total liabilities (EOY)
$0
Net assets (EOY)
$15,365,383
Net assets (BOY)
$13,001,161

Income & contributions

Employer contributions
$203,814
Participant contributions
$1,040,843
Total contributions
$1,461,469
Total income / additions
$3,902,583

Expenses & distributions

Benefits paid
$1,513,650
Administrative expenses
$13,702
Total expenses
$1,538,361
Net increase / (decrease)
$2,364,222
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.

Contribution share (employer vs. participant)
Employer 16%Participant 84%
Total expenses ÷ net assets10%Computed ratio
Benefits paid ÷ total income39%Computed ratio
Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Pinnacle Pension Consultants LLCADVISOR$20,000not reported in the loaded dataset2023
Fidelity Investments InstitutionalRECORDKEEPER-$6,298$02023

Related Form 5500 pages