Coastal Community Bank 401(K) Plan — Form 5500 plan (Coastal 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, Coastal Community Bank 401(K) Plan is a benefit plan reported by Coastal Community Bank under EIN 91-1811848 and plan number 001. The latest loaded filing year is 2023. The filing reports 490 participants and $38,252,150 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Coastal Community Bank
- EIN
- 91-1811848
- Plan number
- 001
- Plan type
- 2
- Location
- Everett, WA
- Latest filing year
- 2023
- Participants
- 490
- End-of-year plan assets
- $38,252,150
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 490 | H, C | 20241010115551NAL0020934305001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $38,252,150
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $38,252,150
- Net assets (BOY)
- $28,920,891
Income & contributions
- Employer contributions
- $1,666,978
- Participant contributions
- $4,067,935
- Total contributions
- $6,452,606
- Total income / additions
- $12,287,357
Expenses & distributions
- Benefits paid
- $2,845,238
- Administrative expenses
- $96,527
- Total expenses
- $2,956,098
- Net increase / (decrease)
- $9,331,259
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Rbc Wealth Management | NONE | $45,773 | not reported in the loaded dataset | 2023 |
| Northwest Plan Services | NONE | $39,276 | not reported in the loaded dataset | 2023 |
| Matrix Trust Company | NONE | $17,795 | not reported in the loaded dataset | 2023 |