The Citizens Bank Profit Sharing And Savings Plan And Trust — Form 5500 plan (The Citizens Bank Of Philadelphia)

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 Citizens Bank Profit Sharing And Savings Plan And Trust is a benefit plan reported by The Citizens Bank Of Philadelphia under EIN 64-0134511 and plan number 002. The latest loaded filing year is 2023. The filing reports 339 participants and $27,906,353 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
The Citizens Bank Of Philadelphia
EIN
64-0134511
Plan number
002
Plan type
2
Location
Philadelphia, MS
Latest filing year
2023
Participants
339
End-of-year plan assets
$27,906,353

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023339H, C20240709094902NAL0013369793001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$27,906,353
Total liabilities (EOY)
$0
Net assets (EOY)
$27,906,353
Net assets (BOY)
$24,179,770

Income & contributions

Employer contributions
$707,508
Participant contributions
$1,134,076
Total contributions
$1,874,611
Total income / additions
$6,083,466

Expenses & distributions

Benefits paid
$2,296,857
Administrative expenses
$60,026
Total expenses
$2,356,883
Net increase / (decrease)
$3,726,583

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
NfpINVESTMENT ADVISOR$45,701not reported in the loaded dataset2023
Strategic Advisors, Inc.ADVISOR$18,623not reported in the loaded dataset2023
Cgc, PllcACCOUNTANT/AUDITOR$9,000not reported in the loaded dataset2023
Fidelity Investments InstitutionalRECORDKEEPER-$13,298$02023

Related Form 5500 pages