The Defined Benefit Plan Of The Institution For Savings In Newburyport — Form 5500 plan (Institution For Savings In Newburyport)

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 The Institution For Savings In Newburyport is a benefit plan reported by Institution For Savings In Newburyport under EIN 92-1546128 and plan number 001. The latest loaded filing year is 2023. The filing reports 243 participants and $65,295,036 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Institution For Savings In Newburyport
EIN
92-1546128
Plan number
001
Plan type
2
Location
Newburyport, MA
Latest filing year
2023
Participants
243
End-of-year plan assets
$65,295,036

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023243H, C20250616125745NAL0002368226001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$65,295,036
Total liabilities (EOY)
$62,225
Net assets (EOY)
$65,232,811
Net assets (BOY)
$49,522,790

Income & contributions

Employer contributions
$2,000,000
Participant contributions
$0
Total contributions
$2,000,000
Total income / additions
$17,123,536

Expenses & distributions

Benefits paid
$760,471
Administrative expenses
$653,044
Total expenses
$1,413,515
Net increase / (decrease)
$15,710,021

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Coop. Banks Employees Ret Assn.PLAN ADMINISTRATOR$158,773not reported in the loaded dataset2023
Acadian Asset Management LLCINVESTMENT MGMT$97,708not reported in the loaded dataset2023
Nepc, LLCINVESTMENT ADVISOR$76,815not reported in the loaded dataset2023
Hardman Johnston Global AdvisorsINVESTMENT MGMT$64,829not reported in the loaded dataset2023
Select Equity Group, L.P.INVESTMENT MGMT$60,844not reported in the loaded dataset2023
Agilis Partners LLCACTUARY$32,650not reported in the loaded dataset2023
The Bank Of New York MellonCUSTODIAL SECURITIES$30,879$02023
Copeland Capital Management, LLCINVESTMENT MGMT$26,238not reported in the loaded dataset2023
Blackrock Institution Trust Co.INVESTMENT MGMT$25,250$02023
Mondrian Investment GroupINVESTMENT MGMT$24,330not reported in the loaded dataset2023
Fidelity Institutional AssetINVESTMENT MGMT$19,142$02023
Legal & General Invest Mgmt AmericaINVESTMENT MGMT$8,329not reported in the loaded dataset2023

Related Form 5500 pages