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MAIN STREET BANK STD PLAN 401k Plan overview

Plan NameMAIN STREET BANK STD PLAN
Plan identification number 503

MAIN STREET BANK STD PLAN Benefits

401k Plan TypeWelfare Benefit
Plan Features/Benefits
  • Temporary disability (accident and sickness)

401k Sponsoring company profile

MAIN STREET BANK has sponsored the creation of one or more 401k plans.

Company Name:MAIN STREET BANK
Employer identification number (EIN):041584100
NAIC Classification:522120
NAIC Description:Savings Institutions

Additional information about MAIN STREET BANK

Jurisdiction of Incorporation: Commonwealth of Massachusetts Corporations Division
Incorporation Date:
Company Identification Number: 000952223

More information about MAIN STREET BANK

Form 5500 Filing Information

Submission information for form 5500 for 401k plan MAIN STREET BANK STD PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
5032023-01-01SUZANNE DUPRE2024-07-26 SUZANNE DUPRE2024-07-26
5032022-01-01SUZANNE DUPRE2023-07-25 SUZANNE DUPRE2023-07-25
5032021-01-01SUZANNE DUPRE2022-07-26 SUZANNE DUPRE2022-07-26

Plan Statistics for MAIN STREET BANK STD PLAN

401k plan membership statisitcs for MAIN STREET BANK STD PLAN

Measure Date Value
2023: MAIN STREET BANK STD PLAN 2023 401k membership
Total participants, beginning-of-year2023-01-01155
Total number of active participants reported on line 7a of the Form 55002023-01-01170
Total of all active and inactive participants2023-01-01170
2022: MAIN STREET BANK STD PLAN 2022 401k membership
Total participants, beginning-of-year2022-01-01139
Total number of active participants reported on line 7a of the Form 55002022-01-01155
Total of all active and inactive participants2022-01-01155
2021: MAIN STREET BANK STD PLAN 2021 401k membership
Total participants, beginning-of-year2021-01-01100
Total number of active participants reported on line 7a of the Form 55002021-01-01139
Total of all active and inactive participants2021-01-01139
Total participants2021-01-01139

Form 5500 Responses for MAIN STREET BANK STD PLAN

2023: MAIN STREET BANK STD PLAN 2023 form 5500 responses
2023-01-01Type of plan entitySingle employer plan
2023-01-01Plan funding arrangement – InsuranceYes
2023-01-01Plan benefit arrangement – InsuranceYes
2022: MAIN STREET BANK STD PLAN 2022 form 5500 responses
2022-01-01Type of plan entitySingle employer plan
2022-01-01Plan funding arrangement – InsuranceYes
2022-01-01Plan benefit arrangement – InsuranceYes
2021: MAIN STREET BANK STD PLAN 2021 form 5500 responses
2021-01-01Type of plan entitySingle employer plan
2021-01-01First time form 5500 has been submittedYes
2021-01-01Plan funding arrangement – InsuranceYes
2021-01-01Plan benefit arrangement – InsuranceYes

Insurance Providers Used on plan

HARTFORD LIFE AND ACCIDENT INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 70815 )
Policy contract number898305G
Policy instance 1
Insurance contract or identification number898305G
Insurance policy start date2022-12-01
Insurance policy end date2023-11-30
Total amount of commissions paid to insurance brokerUSD $997
Total amount of fees paid to insurance companyUSD $1,417
Welfare Benefit Premiums Paid to CarrierUSD $20,249
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
MUTUAL OF OMAHA (National Association of Insurance Commissioners NAIC id number: 69868 )
Policy contract numberG000B5ZA
Policy instance 1
Insurance contract or identification numberG000B5ZA
Insurance policy start date2021-04-01
Insurance policy end date2022-04-01
Total amount of commissions paid to insurance brokerUSD $7,694
Total amount of fees paid to insurance companyUSD $6,130
Welfare Benefit Premiums Paid to CarrierUSD $118,526
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $7,694
Amount paid for insurance broker fees3301
Insurance broker organization code?3
MUTUAL OF OMAHA (National Association of Insurance Commissioners NAIC id number: 69868 )
Policy contract numberG000B5ZA
Policy instance 1
Insurance contract or identification numberG000B5ZA
Number of Individuals Covered139
Insurance policy start date2020-04-01
Insurance policy end date2021-04-01
Total amount of commissions paid to insurance brokerUSD $3,456
Total amount of fees paid to insurance companyUSD $0
Welfare Benefit Premiums Paid to CarrierUSD $35,301
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $3,456
Insurance broker organization code?3

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