Standard Chartered Bank Retirement Account Plan — Form 5500 plan (Standard Chartered 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, Standard Chartered Bank Retirement Account Plan is a benefit plan reported by Standard Chartered Bank under EIN 94-1595409 and plan number 001. The latest loaded filing year is 2023. The filing reports 1,460 participants and $170,560,314 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$170.4MPlan net assets, end of year$170,417,768
Participants1.5KCovered participants reported1,460
Assets / participant$116.8KComputed: assets ÷ participants$116,822 (computed)
Provider compensation$440.8K4 Schedule C provider row(s)$440,822
- Plan sponsor
- Standard Chartered Bank
- EIN
- 94-1595409
- Plan number
- 001
- Plan type
- 2
- Location
- Newark, NJ
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 1,460 | H, C | 20241014071335NAL0025648161001 |
Schedule H · 2023
Reported financial statement
Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.
Reported balance (end of year)$170.6M total assets
Net assets$170.4MLiabilities$142.5K
Full reported line items
Net assets
- Total assets (EOY)
- $170,560,314
- Total liabilities (EOY)
- $142,546
- Net assets (EOY)
- $170,417,768
- Net assets (BOY)
- $157,597,965
Income & contributions
- Employer contributions
- $0
- Total contributions
- $0
- Total income / additions
- $19,728,753
Expenses & distributions
- Benefits paid
- $6,271,596
- Administrative expenses
- $637,354
- Total expenses
- $6,908,950
- Net increase / (decrease)
- $12,819,803
Computed from reported fields
Reported ratios
Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.
Total expenses ÷ net assets4%Computed ratio
Benefits paid ÷ total income32%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| John Hancock | RETAINED BY EMPLOYER | $215,700 | $0 | 2023 |
| The Vanguard Group, Inc. | RETAINED BY EMPLOYER | $161,768 | not reported in the loaded dataset | 2023 |
| Mazars Usa | RETAINED BY EMPLOYER | $41,600 | not reported in the loaded dataset | 2023 |
| Deloitte & Touche Llp | RETAINED BY EMPLOYER | $21,754 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Standard Chartered Bank
- 2023 Form 5500 filing
- Form 5500 filings in NJ
- 401(k) and benefit plan filings in Newark, NJ
- John Hancock — Schedule C compensation
- The Vanguard Group, Inc. — Schedule C compensation
- Mazars Usa — Schedule C compensation
- Deloitte & Touche Llp — Schedule C compensation