The Defined Benefit Plan Of Adams Community Bank — Form 5500 plan (Adams Community 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 Defined Benefit Plan Of Adams Community Bank is a benefit plan reported by Adams Community Bank under EIN 87-4185943 and plan number 001. The latest loaded filing year is 2023. The filing reports 152 participants and $24,042,697 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Adams Community Bank
- EIN
- 87-4185943
- Plan number
- 001
- Plan type
- 2
- Location
- Adams, MA
- Latest filing year
- 2023
- Participants
- 152
- End-of-year plan assets
- $24,042,697
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 152 | H, C | 20250611153432NAL0016114817001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $24,042,697
- Total liabilities (EOY)
- $16,405
- Net assets (EOY)
- $24,026,292
- Net assets (BOY)
- $18,818,976
Income & contributions
- Employer contributions
- $1,500,000
- Participant contributions
- $0
- Total contributions
- $1,500,000
- Total income / additions
- $6,734,629
Expenses & distributions
- Benefits paid
- $1,250,289
- Administrative expenses
- $277,024
- Total expenses
- $1,527,313
- Net increase / (decrease)
- $5,207,316
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Coop. Banks Employees Ret Assn. | PLAN ADMINISTRATOR | $58,071 | not reported in the loaded dataset | 2023 |
| Nepc, LLC | INVESTMENT ADVISOR | $55,263 | not reported in the loaded dataset | 2023 |
| Agilis Partners LLC | ACTUARY | $28,800 | not reported in the loaded dataset | 2023 |
| Acadian Asset Management LLC | INVESTMENT MGMT | $27,307 | not reported in the loaded dataset | 2023 |
| Hardman Johnston Global Advisors | INVESTMENT MGMT | $19,467 | not reported in the loaded dataset | 2023 |
| Select Equity Group, L.P. | INVESTMENT MGMT | $19,313 | not reported in the loaded dataset | 2023 |
| The Bank Of New York Mellon | CUSTODIAL SECURITIES | $13,506 | $0 | 2023 |
| Blackrock Institution Trust Co. | INVESTMENT MGMT | $10,005 | $0 | 2023 |
| Mondrian Investment Group | INVESTMENT MGMT | $8,501 | not reported in the loaded dataset | 2023 |
| Fidelity Institutional Asset | INVESTMENT MGMT | $6,072 | $0 | 2023 |
| Copeland Capital Management, LLC | INVESTMENT MGMT | $5,756 | not reported in the loaded dataset | 2023 |
| Income Research & Management | INVESTMENT MGMT | $5,424 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Adams Community Bank
- 2023 Form 5500 filing
- Form 5500 filings in MA
- 401(k) and benefit plan filings in Adams, MA
- Coop. Banks Employees Ret Assn. — Schedule C compensation
- Nepc, LLC — Schedule C compensation
- Agilis Partners LLC — Schedule C compensation
- Acadian Asset Management LLC — Schedule C compensation
- Hardman Johnston Global Advisors — Schedule C compensation
- Select Equity Group, L.P. — Schedule C compensation
- The Bank Of New York Mellon — Schedule C compensation
- Blackrock Institution Trust Co. — Schedule C compensation
- Mondrian Investment Group — Schedule C compensation
- Fidelity Institutional Asset — Schedule C compensation
- Copeland Capital Management, LLC — Schedule C compensation
- Income Research & Management — Schedule C compensation