Eastern Savings Bank Savings Plan — Form 5500 plan (Eastern 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, Eastern Savings Bank Savings Plan is a benefit plan reported by Eastern Savings Bank under EIN 52-0623475 and plan number 001. The latest loaded filing year is 2023. The filing reports 136 participants and $35,550,683 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Eastern Savings Bank
- EIN
- 52-0623475
- Plan number
- 001
- Plan type
- 2
- Location
- Hunt Valley, MD
- Latest filing year
- 2023
- Participants
- 136
- End-of-year plan assets
- $35,550,683
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 136 | H, C | 20240905095350NAL0021390801001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $35,550,683
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $35,550,683
- Net assets (BOY)
- $31,424,021
Income & contributions
- Employer contributions
- $227,104
- Participant contributions
- $845,178
- Total contributions
- $1,151,532
- Total income / additions
- $6,357,363
Expenses & distributions
- Benefits paid
- $2,146,703
- Administrative expenses
- $83,998
- Total expenses
- $2,230,701
- Net increase / (decrease)
- $4,126,662
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $83,997 | $0 | 2023 |
| Mercer Investments LLC | INVESTMENT ADVISORY | $0 | $52,134 | 2023 |
| Morningstar Investment Management L | INV ADV, PARTICIPANTS | $0 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Eastern Savings Bank
- 2023 Form 5500 filing
- Form 5500 filings in MD
- 401(k) and benefit plan filings in Hunt Valley, MD
- Principal Life Insurance Company — Schedule C compensation
- Mercer Investments LLC — Schedule C compensation
- Morningstar Investment Management L — Schedule C compensation