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EASTERN BANK VOLUNTARY EMPLOYEES' BENEFICIARY ASSO 401k Plan overview

Plan NameEASTERN BANK VOLUNTARY EMPLOYEES' BENEFICIARY ASSO
Plan identification number 504

EASTERN BANK VOLUNTARY EMPLOYEES' BENEFICIARY ASSO Benefits

401k Plan TypeWelfare Benefit
Plan Features/Benefits
  • Dental
  • Vision
  • Other welfare benefit cover

401k Sponsoring company profile

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

Company Name:EASTERN BANK
Employer identification number (EIN):043067724
NAIC Classification:522120
NAIC Description:Savings Institutions

Form 5500 Filing Information

Submission information for form 5500 for 401k plan EASTERN BANK VOLUNTARY EMPLOYEES' BENEFICIARY ASSO

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
5042017-01-01
5042016-01-01
5042015-01-01
5042014-01-01
5042013-01-01
5042012-01-01MAUREEN TREFRY
5042011-01-01MAUREEN TREFRY
5042009-01-01MAUREEN TREFRY

Plan Statistics for EASTERN BANK VOLUNTARY EMPLOYEES' BENEFICIARY ASSO

401k plan membership statisitcs for EASTERN BANK VOLUNTARY EMPLOYEES' BENEFICIARY ASSO

Measure Date Value
2017: EASTERN BANK VOLUNTARY EMPLOYEES' BENEFICIARY ASSO 2017 401k membership
Total participants, beginning-of-year2017-01-011,712
Total number of active participants reported on line 7a of the Form 55002017-01-010
Total of all active and inactive participants2017-01-010
2016: EASTERN BANK VOLUNTARY EMPLOYEES' BENEFICIARY ASSO 2016 401k membership
Total participants, beginning-of-year2016-01-011,532
Total number of active participants reported on line 7a of the Form 55002016-01-011,712
Total of all active and inactive participants2016-01-011,712
2015: EASTERN BANK VOLUNTARY EMPLOYEES' BENEFICIARY ASSO 2015 401k membership
Total participants, beginning-of-year2015-01-011,479
Total number of active participants reported on line 7a of the Form 55002015-01-011,532
Total of all active and inactive participants2015-01-011,532
2014: EASTERN BANK VOLUNTARY EMPLOYEES' BENEFICIARY ASSO 2014 401k membership
Total participants, beginning-of-year2014-01-011,492
Total number of active participants reported on line 7a of the Form 55002014-01-011,479
Total of all active and inactive participants2014-01-011,479
2013: EASTERN BANK VOLUNTARY EMPLOYEES' BENEFICIARY ASSO 2013 401k membership
Total participants, beginning-of-year2013-01-011,485
Total number of active participants reported on line 7a of the Form 55002013-01-011,492
Total of all active and inactive participants2013-01-011,492
2012: EASTERN BANK VOLUNTARY EMPLOYEES' BENEFICIARY ASSO 2012 401k membership
Total participants, beginning-of-year2012-01-011,180
Total number of active participants reported on line 7a of the Form 55002012-01-011,485
Total of all active and inactive participants2012-01-011,485
2011: EASTERN BANK VOLUNTARY EMPLOYEES' BENEFICIARY ASSO 2011 401k membership
Total participants, beginning-of-year2011-01-01967
Total number of active participants reported on line 7a of the Form 55002011-01-011,180
Total of all active and inactive participants2011-01-011,180
2009: EASTERN BANK VOLUNTARY EMPLOYEES' BENEFICIARY ASSO 2009 401k membership
Total participants, beginning-of-year2009-01-011,130
Total number of active participants reported on line 7a of the Form 55002009-01-011,157
Total of all active and inactive participants2009-01-011,157

Financial Data on EASTERN BANK VOLUNTARY EMPLOYEES' BENEFICIARY ASSO

Measure Date Value
2017 : EASTERN BANK VOLUNTARY EMPLOYEES' BENEFICIARY ASSO 2017 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2017-12-31$-65,584
Total unrealized appreciation/depreciation of assets2017-12-31$-65,584
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2017-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2017-12-31$525,554
Total income from all sources (including contributions)2017-12-31$25,404
Total loss/gain on sale of assets2017-12-31$87,181
Total of all expenses incurred2017-12-31$1,287
Total contributions o plan (from employers,participants, others, non cash contrinutions)2017-12-31$3,800
Value of total assets at end of year2017-12-31$0
Value of total assets at beginning of year2017-12-31$501,437
Total of administrative expenses incurred including professional, contract, advisory and management fees2017-12-31$1,287
Total interest from all sources2017-12-31$7
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2017-12-31No
Administrative expenses professional fees incurred2017-12-31$1,287
Was this plan covered by a fidelity bond2017-12-31No
If this is an individual account plan, was there a blackout period2017-12-31No
Were there any nonexempt tranactions with any party-in-interest2017-12-31No
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2017-12-31$7,158
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Income. Non cash contributions2017-12-31$3,800
Value of net income/loss2017-12-31$24,117
Value of net assets at end of year (total assets less liabilities)2017-12-31$0
Value of net assets at beginning of year (total assets less liabilities)2017-12-31$-24,117
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2017-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2017-12-31No
Were any leases to which the plan was party in default or uncollectible2017-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2017-12-31$0
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2017-12-31$67,404
Income. Interest from corporate debt instruments2017-12-31$7
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2017-12-31$0
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2017-12-31$4,726
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2017-12-31$4,726
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2017-12-31No
Was there a failure to transmit to the plan any participant contributions2017-12-31No
Has the plan failed to provide any benefit when due under the plan2017-12-31No
Asset. Corporate debt instrument debt (other) at end of year2017-12-31$0
Asset. Corporate debt instrument debt (other) at beginning of year2017-12-31$122,142
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32017-12-31No
Assets. Corporate common stocks other than exployer securities at end of year2017-12-31$0
Assets. Corporate common stocks other than exployer securities at beginning of year2017-12-31$300,007
Liabilities. Value of benefit claims payable at end of year2017-12-31$0
Liabilities. Value of benefit claims payable at beginning of year2017-12-31$525,554
Did the plan have assets held for investment2017-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2017-12-31Yes
Aggregate proceeds on sale of assets2017-12-31$511,150
Aggregate carrying amount (costs) on sale of assets2017-12-31$423,969
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2017-12-31No
Opinion of an independent qualified public accountant for this plan2017-12-31Unqualified
Accountancy firm name2017-12-31MARCUM LLP
Accountancy firm EIN2017-12-31111986323
2016 : EASTERN BANK VOLUNTARY EMPLOYEES' BENEFICIARY ASSO 2016 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2016-12-31$-13,000
Total unrealized appreciation/depreciation of assets2016-12-31$-13,000
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2016-12-31$525,554
Total income from all sources (including contributions)2016-12-31$40,617
Total loss/gain on sale of assets2016-12-31$30,888
Total of all expenses incurred2016-12-31$675,896
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2016-12-31$640,928
Value of total assets at end of year2016-12-31$501,437
Value of total assets at beginning of year2016-12-31$611,162
Total of administrative expenses incurred including professional, contract, advisory and management fees2016-12-31$34,968
Total interest from all sources2016-12-31$14,077
Total dividends received (eg from common stock, registered investment company shares)2016-12-31$8,652
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2016-12-31No
Administrative expenses professional fees incurred2016-12-31$34,968
Was this plan covered by a fidelity bond2016-12-31No
If this is an individual account plan, was there a blackout period2016-12-31No
Were there any nonexempt tranactions with any party-in-interest2016-12-31No
Value of other receiveables (less allowance for doubtful accounts) at end of year2016-12-31$7,158
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Value of net income/loss2016-12-31$-635,279
Value of net assets at end of year (total assets less liabilities)2016-12-31$-24,117
Value of net assets at beginning of year (total assets less liabilities)2016-12-31$611,162
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2016-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2016-12-31No
Were any leases to which the plan was party in default or uncollectible2016-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2016-12-31$67,404
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2016-12-31$107,775
Income. Interest from corporate debt instruments2016-12-31$14,077
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2016-12-31$4,726
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2016-12-31$18,086
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2016-12-31$18,086
Expenses. Payments to insurance carriers foe the provision of benefits2016-12-31$625,279
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2016-12-31No
Was there a failure to transmit to the plan any participant contributions2016-12-31No
Has the plan failed to provide any benefit when due under the plan2016-12-31No
Income. Dividends from common stock2016-12-31$8,652
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2016-12-31$15,649
Asset. Corporate debt instrument debt (other) at end of year2016-12-31$122,142
Asset. Corporate debt instrument debt (other) at beginning of year2016-12-31$151,283
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32016-12-31No
Assets. Corporate common stocks other than exployer securities at end of year2016-12-31$300,007
Assets. Corporate common stocks other than exployer securities at beginning of year2016-12-31$334,018
Liabilities. Value of benefit claims payable at end of year2016-12-31$525,554
Did the plan have assets held for investment2016-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2016-12-31No
Aggregate proceeds on sale of assets2016-12-31$277,414
Aggregate carrying amount (costs) on sale of assets2016-12-31$246,526
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2016-12-31Yes
Opinion of an independent qualified public accountant for this plan2016-12-31Disclaimer
Accountancy firm name2016-12-31MARCUM LLP
Accountancy firm EIN2016-12-31111986323
2015 : EASTERN BANK VOLUNTARY EMPLOYEES' BENEFICIARY ASSO 2015 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2015-12-31$-73,341
Total unrealized appreciation/depreciation of assets2015-12-31$-73,341
Total income from all sources (including contributions)2015-12-31$4,504
Total loss/gain on sale of assets2015-12-31$58,760
Total of all expenses incurred2015-12-31$152,401
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2015-12-31$135,303
Value of total assets at end of year2015-12-31$611,163
Value of total assets at beginning of year2015-12-31$759,060
Total of administrative expenses incurred including professional, contract, advisory and management fees2015-12-31$17,098
Total interest from all sources2015-12-31$6,935
Total dividends received (eg from common stock, registered investment company shares)2015-12-31$12,150
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2015-12-31No
Administrative expenses professional fees incurred2015-12-31$17,098
Was this plan covered by a fidelity bond2015-12-31No
If this is an individual account plan, was there a blackout period2015-12-31No
Were there any nonexempt tranactions with any party-in-interest2015-12-31No
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2015-12-31No
Value of net income/loss2015-12-31$-147,897
Value of net assets at end of year (total assets less liabilities)2015-12-31$611,163
Value of net assets at beginning of year (total assets less liabilities)2015-12-31$759,060
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2015-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2015-12-31No
Were any leases to which the plan was party in default or uncollectible2015-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2015-12-31$107,775
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2015-12-31$127,629
Income. Interest from US Government securities2015-12-31$2
Income. Interest from corporate debt instruments2015-12-31$6,933
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2015-12-31$18,087
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2015-12-31$11,818
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2015-12-31$11,818
Expenses. Payments to insurance carriers foe the provision of benefits2015-12-31$120,000
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2015-12-31No
Was there a failure to transmit to the plan any participant contributions2015-12-31No
Has the plan failed to provide any benefit when due under the plan2015-12-31No
Income. Dividends from common stock2015-12-31$12,150
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2015-12-31$15,303
Asset. Corporate debt instrument debt (other) at end of year2015-12-31$151,283
Asset. Corporate debt instrument debt (other) at beginning of year2015-12-31$155,795
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32015-12-31No
Assets. Corporate common stocks other than exployer securities at end of year2015-12-31$334,018
Assets. Corporate common stocks other than exployer securities at beginning of year2015-12-31$463,818
Did the plan have assets held for investment2015-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2015-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2015-12-31No
Aggregate proceeds on sale of assets2015-12-31$239,652
Aggregate carrying amount (costs) on sale of assets2015-12-31$180,892
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2015-12-31Yes
Opinion of an independent qualified public accountant for this plan2015-12-31Disclaimer
Accountancy firm name2015-12-31MARCUM LLP
Accountancy firm EIN2015-12-31111986323
2014 : EASTERN BANK VOLUNTARY EMPLOYEES' BENEFICIARY ASSO 2014 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2014-12-31$-8,765
Total unrealized appreciation/depreciation of assets2014-12-31$-8,765
Total income from all sources (including contributions)2014-12-31$54,634
Total loss/gain on sale of assets2014-12-31$42,405
Total of all expenses incurred2014-12-31$146,779
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2014-12-31$130,456
Value of total assets at end of year2014-12-31$759,060
Value of total assets at beginning of year2014-12-31$851,205
Total of administrative expenses incurred including professional, contract, advisory and management fees2014-12-31$16,323
Total interest from all sources2014-12-31$7,864
Total dividends received (eg from common stock, registered investment company shares)2014-12-31$13,130
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2014-12-31No
Administrative expenses professional fees incurred2014-12-31$16,323
Was this plan covered by a fidelity bond2014-12-31No
If this is an individual account plan, was there a blackout period2014-12-31No
Were there any nonexempt tranactions with any party-in-interest2014-12-31No
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2014-12-31No
Value of net income/loss2014-12-31$-92,145
Value of net assets at end of year (total assets less liabilities)2014-12-31$759,060
Value of net assets at beginning of year (total assets less liabilities)2014-12-31$851,205
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2014-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2014-12-31No
Were any leases to which the plan was party in default or uncollectible2014-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2014-12-31$127,629
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2014-12-31$139,501
Income. Interest from US Government securities2014-12-31$3
Income. Interest from corporate debt instruments2014-12-31$7,861
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2014-12-31$11,818
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2014-12-31$29,062
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2014-12-31$29,062
Expenses. Payments to insurance carriers foe the provision of benefits2014-12-31$120,000
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2014-12-31No
Was there a failure to transmit to the plan any participant contributions2014-12-31No
Has the plan failed to provide any benefit when due under the plan2014-12-31No
Income. Dividends from common stock2014-12-31$13,130
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2014-12-31$10,456
Asset. Corporate debt instrument debt (other) at end of year2014-12-31$155,795
Asset. Corporate debt instrument debt (other) at beginning of year2014-12-31$196,860
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32014-12-31No
Assets. Corporate common stocks other than exployer securities at end of year2014-12-31$463,818
Assets. Corporate common stocks other than exployer securities at beginning of year2014-12-31$485,782
Did the plan have assets held for investment2014-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2014-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2014-12-31No
Aggregate proceeds on sale of assets2014-12-31$257,369
Aggregate carrying amount (costs) on sale of assets2014-12-31$214,964
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2014-12-31Yes
Opinion of an independent qualified public accountant for this plan2014-12-31Disclaimer
Accountancy firm name2014-12-31MARCUM LLP
Accountancy firm EIN2014-12-31111986323
2013 : EASTERN BANK VOLUNTARY EMPLOYEES' BENEFICIARY ASSO 2013 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2013-12-31$98,209
Total unrealized appreciation/depreciation of assets2013-12-31$98,209
Total income from all sources (including contributions)2013-12-31$165,613
Total loss/gain on sale of assets2013-12-31$45,909
Total of all expenses incurred2013-12-31$144,665
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2013-12-31$132,165
Value of total assets at end of year2013-12-31$851,205
Value of total assets at beginning of year2013-12-31$830,257
Total of administrative expenses incurred including professional, contract, advisory and management fees2013-12-31$12,500
Total interest from all sources2013-12-31$8,686
Total dividends received (eg from common stock, registered investment company shares)2013-12-31$12,809
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2013-12-31No
Administrative expenses professional fees incurred2013-12-31$12,500
Was this plan covered by a fidelity bond2013-12-31No
If this is an individual account plan, was there a blackout period2013-12-31No
Were there any nonexempt tranactions with any party-in-interest2013-12-31No
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2013-12-31No
Value of net income/loss2013-12-31$20,948
Value of net assets at end of year (total assets less liabilities)2013-12-31$851,205
Value of net assets at beginning of year (total assets less liabilities)2013-12-31$830,257
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2013-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2013-12-31No
Were any leases to which the plan was party in default or uncollectible2013-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2013-12-31$139,501
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2013-12-31$113,711
Income. Interest from US Government securities2013-12-31$4
Income. Interest from corporate debt instruments2013-12-31$8,682
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2013-12-31$29,062
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2013-12-31$65,594
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2013-12-31$65,594
Expenses. Payments to insurance carriers foe the provision of benefits2013-12-31$120,000
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2013-12-31No
Was there a failure to transmit to the plan any participant contributions2013-12-31No
Has the plan failed to provide any benefit when due under the plan2013-12-31No
Income. Dividends from common stock2013-12-31$12,809
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2013-12-31$12,165
Asset. Corporate debt instrument debt (other) at end of year2013-12-31$196,860
Asset. Corporate debt instrument debt (other) at beginning of year2013-12-31$203,331
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32013-12-31No
Assets. Corporate common stocks other than exployer securities at end of year2013-12-31$485,782
Assets. Corporate common stocks other than exployer securities at beginning of year2013-12-31$447,621
Did the plan have assets held for investment2013-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2013-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2013-12-31No
Aggregate proceeds on sale of assets2013-12-31$304,686
Aggregate carrying amount (costs) on sale of assets2013-12-31$258,777
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2013-12-31Yes
Opinion of an independent qualified public accountant for this plan2013-12-31Disclaimer
Accountancy firm name2013-12-31MARCUM LLP
Accountancy firm EIN2013-12-31111986323
2012 : EASTERN BANK VOLUNTARY EMPLOYEES' BENEFICIARY ASSO 2012 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2012-12-31$33,974
Total unrealized appreciation/depreciation of assets2012-12-31$33,974
Total income from all sources (including contributions)2012-12-31$116,758
Total loss/gain on sale of assets2012-12-31$57,257
Total of all expenses incurred2012-12-31$150,917
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2012-12-31$138,417
Value of total assets at end of year2012-12-31$830,257
Value of total assets at beginning of year2012-12-31$864,416
Total of administrative expenses incurred including professional, contract, advisory and management fees2012-12-31$12,500
Total interest from all sources2012-12-31$10,554
Total dividends received (eg from common stock, registered investment company shares)2012-12-31$14,464
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2012-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2012-12-31$0
Administrative expenses professional fees incurred2012-12-31$12,500
Was this plan covered by a fidelity bond2012-12-31No
If this is an individual account plan, was there a blackout period2012-12-31No
Were there any nonexempt tranactions with any party-in-interest2012-12-31No
Other income not declared elsewhere2012-12-31$509
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2012-12-31No
Value of net income/loss2012-12-31$-34,159
Value of net assets at end of year (total assets less liabilities)2012-12-31$830,257
Value of net assets at beginning of year (total assets less liabilities)2012-12-31$864,416
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2012-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2012-12-31No
Were any leases to which the plan was party in default or uncollectible2012-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2012-12-31$113,711
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2012-12-31$129,155
Income. Interest from US Government securities2012-12-31$3
Income. Interest from corporate debt instruments2012-12-31$10,551
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2012-12-31$65,594
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2012-12-31$45,239
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2012-12-31$45,239
Expenses. Payments to insurance carriers foe the provision of benefits2012-12-31$120,000
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2012-12-31No
Was there a failure to transmit to the plan any participant contributions2012-12-31No
Has the plan failed to provide any benefit when due under the plan2012-12-31No
Income. Dividends from common stock2012-12-31$14,464
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2012-12-31$18,417
Asset. Corporate debt instrument debt (other) at end of year2012-12-31$203,331
Asset. Corporate debt instrument debt (other) at beginning of year2012-12-31$243,671
Contract administrator fees2012-12-31$0
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32012-12-31No
Assets. Corporate common stocks other than exployer securities at end of year2012-12-31$447,621
Assets. Corporate common stocks other than exployer securities at beginning of year2012-12-31$446,351
Did the plan have assets held for investment2012-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2012-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2012-12-31No
Aggregate proceeds on sale of assets2012-12-31$805,720
Aggregate carrying amount (costs) on sale of assets2012-12-31$748,463
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2012-12-31Yes
Opinion of an independent qualified public accountant for this plan2012-12-31Disclaimer
Accountancy firm name2012-12-31MARCUM LLP
Accountancy firm EIN2012-12-31111986323
2011 : EASTERN BANK VOLUNTARY EMPLOYEES' BENEFICIARY ASSO 2011 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2011-12-31$-62,149
Total unrealized appreciation/depreciation of assets2011-12-31$-62,149
Total income from all sources (including contributions)2011-12-31$-29,956
Total loss/gain on sale of assets2011-12-31$6,334
Total of all expenses incurred2011-12-31$150,408
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2011-12-31$136,834
Value of total assets at end of year2011-12-31$864,416
Value of total assets at beginning of year2011-12-31$1,044,780
Total of administrative expenses incurred including professional, contract, advisory and management fees2011-12-31$13,574
Total interest from all sources2011-12-31$12,680
Total dividends received (eg from common stock, registered investment company shares)2011-12-31$13,179
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2011-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2011-12-31$5,018
Administrative expenses professional fees incurred2011-12-31$12,500
Was this plan covered by a fidelity bond2011-12-31No
If this is an individual account plan, was there a blackout period2011-12-31No
Were there any nonexempt tranactions with any party-in-interest2011-12-31No
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Value of net income/loss2011-12-31$-180,364
Value of net assets at end of year (total assets less liabilities)2011-12-31$864,416
Value of net assets at beginning of year (total assets less liabilities)2011-12-31$1,044,780
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2011-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2011-12-31No
Were any leases to which the plan was party in default or uncollectible2011-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2011-12-31$129,155
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2011-12-31$171,496
Income. Interest from loans (other than to participants)2011-12-31$50
Income. Interest from corporate debt instruments2011-12-31$12,630
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2011-12-31$45,239
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2011-12-31$76,805
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2011-12-31$76,805
Expenses. Payments to insurance carriers foe the provision of benefits2011-12-31$120,000
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2011-12-31No
Was there a failure to transmit to the plan any participant contributions2011-12-31No
Has the plan failed to provide any benefit when due under the plan2011-12-31No
Income. Dividends from common stock2011-12-31$8,161
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2011-12-31$16,834
Asset. Corporate debt instrument debt (other) at end of year2011-12-31$243,671
Asset. Corporate debt instrument debt (other) at beginning of year2011-12-31$215,329
Contract administrator fees2011-12-31$1,074
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32011-12-31No
Assets. Corporate common stocks other than exployer securities at end of year2011-12-31$446,351
Assets. Corporate common stocks other than exployer securities at beginning of year2011-12-31$581,150
Did the plan have assets held for investment2011-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2011-12-31No
Aggregate proceeds on sale of assets2011-12-31$531,141
Aggregate carrying amount (costs) on sale of assets2011-12-31$524,807
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2011-12-31Yes
Opinion of an independent qualified public accountant for this plan2011-12-31Disclaimer
Accountancy firm name2011-12-31PARENT, MCLAUGHLIN & NANGLE, CPA'S
Accountancy firm EIN2011-12-31042603383
2010 : EASTERN BANK VOLUNTARY EMPLOYEES' BENEFICIARY ASSO 2010 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2010-12-31$36,301
Total unrealized appreciation/depreciation of assets2010-12-31$36,301
Total income from all sources (including contributions)2010-12-31$116,178
Total loss/gain on sale of assets2010-12-31$51,574
Total of all expenses incurred2010-12-31$157,982
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2010-12-31$142,116
Value of total assets at end of year2010-12-31$1,044,780
Value of total assets at beginning of year2010-12-31$1,086,584
Total of administrative expenses incurred including professional, contract, advisory and management fees2010-12-31$15,866
Total interest from all sources2010-12-31$13,207
Total dividends received (eg from common stock, registered investment company shares)2010-12-31$15,096
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2010-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2010-12-31$6,416
Administrative expenses professional fees incurred2010-12-31$12,500
Was this plan covered by a fidelity bond2010-12-31No
If this is an individual account plan, was there a blackout period2010-12-31No
Were there any nonexempt tranactions with any party-in-interest2010-12-31No
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2010-12-31No
Value of net income/loss2010-12-31$-41,804
Value of net assets at end of year (total assets less liabilities)2010-12-31$1,044,780
Value of net assets at beginning of year (total assets less liabilities)2010-12-31$1,086,584
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2010-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2010-12-31No
Were any leases to which the plan was party in default or uncollectible2010-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2010-12-31$171,496
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2010-12-31$190,869
Income. Interest from US Government securities2010-12-31$66
Income. Interest from corporate debt instruments2010-12-31$13,141
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2010-12-31$76,805
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2010-12-31$44,157
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2010-12-31$44,157
Expenses. Payments to insurance carriers foe the provision of benefits2010-12-31$120,000
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2010-12-31Yes
Was there a failure to transmit to the plan any participant contributions2010-12-31No
Has the plan failed to provide any benefit when due under the plan2010-12-31No
Income. Dividends from common stock2010-12-31$8,680
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2010-12-31$22,116
Asset. Corporate debt instrument debt (other) at end of year2010-12-31$215,329
Asset. Corporate debt instrument debt (other) at beginning of year2010-12-31$309,375
Contract administrator fees2010-12-31$3,366
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32010-12-31No
Assets. Corporate common stocks other than exployer securities at end of year2010-12-31$581,150
Assets. Corporate common stocks other than exployer securities at beginning of year2010-12-31$542,183
Did the plan have assets held for investment2010-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2010-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2010-12-31No
Aggregate proceeds on sale of assets2010-12-31$858,227
Aggregate carrying amount (costs) on sale of assets2010-12-31$806,653
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2010-12-31Yes
Opinion of an independent qualified public accountant for this plan2010-12-31Disclaimer
Accountancy firm name2010-12-31PARENT, MCLAUGHLIN & NANGLE, CPA'S
Accountancy firm EIN2010-12-31042603383

Form 5500 Responses for EASTERN BANK VOLUNTARY EMPLOYEES' BENEFICIARY ASSO

2017: EASTERN BANK VOLUNTARY EMPLOYEES' BENEFICIARY ASSO 2017 form 5500 responses
2017-01-01Type of plan entitySingle employer plan
2017-01-01This submission is the final filingYes
2017-01-01Plan funding arrangement – TrustYes
2017-01-01Plan benefit arrangement – InsuranceYes
2017-01-01Plan benefit arrangement - TrustYes
2016: EASTERN BANK VOLUNTARY EMPLOYEES' BENEFICIARY ASSO 2016 form 5500 responses
2016-01-01Type of plan entitySingle employer plan
2016-01-01Plan funding arrangement – TrustYes
2016-01-01Plan benefit arrangement – InsuranceYes
2016-01-01Plan benefit arrangement - TrustYes
2015: EASTERN BANK VOLUNTARY EMPLOYEES' BENEFICIARY ASSO 2015 form 5500 responses
2015-01-01Type of plan entitySingle employer plan
2015-01-01Plan funding arrangement – TrustYes
2015-01-01Plan benefit arrangement – InsuranceYes
2015-01-01Plan benefit arrangement - TrustYes
2014: EASTERN BANK VOLUNTARY EMPLOYEES' BENEFICIARY ASSO 2014 form 5500 responses
2014-01-01Type of plan entitySingle employer plan
2014-01-01Plan funding arrangement – TrustYes
2014-01-01Plan benefit arrangement – InsuranceYes
2014-01-01Plan benefit arrangement - TrustYes
2013: EASTERN BANK VOLUNTARY EMPLOYEES' BENEFICIARY ASSO 2013 form 5500 responses
2013-01-01Type of plan entitySingle employer plan
2013-01-01Plan funding arrangement – TrustYes
2013-01-01Plan benefit arrangement – InsuranceYes
2013-01-01Plan benefit arrangement - TrustYes
2012: EASTERN BANK VOLUNTARY EMPLOYEES' BENEFICIARY ASSO 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement – InsuranceYes
2012-01-01Plan benefit arrangement - TrustYes
2011: EASTERN BANK VOLUNTARY EMPLOYEES' BENEFICIARY ASSO 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement – InsuranceYes
2011-01-01Plan benefit arrangement - TrustYes
2009: EASTERN BANK VOLUNTARY EMPLOYEES' BENEFICIARY ASSO 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01This submission is the final filingNo
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement – InsuranceYes
2009-01-01Plan benefit arrangement - TrustYes

Insurance Providers Used on plan

DELTA DENTAL OF MASSACHUSETTS (National Association of Insurance Commissioners NAIC id number: 52060 )
Policy contract number003799
Policy instance 1
Insurance contract or identification number003799
Number of Individuals Covered0
Insurance policy start date2017-01-01
Insurance policy end date2017-12-31
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $0
Dental Insurance Welfare BenefitYes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
DELTA DENTAL OF MASSACHUSETTS (National Association of Insurance Commissioners NAIC id number: 52060 )
Policy contract number003799
Policy instance 1
Insurance contract or identification number003799
Number of Individuals Covered3627
Insurance policy start date2015-01-01
Insurance policy end date2015-12-31
Total amount of commissions paid to insurance brokerUSD $33,794
Total amount of fees paid to insurance companyUSD $0
Dental Insurance Welfare BenefitYes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $33,794
Insurance broker organization code?3
Insurance broker nameEASTERN INSURANCE GROUP LLC
DELTA DENTAL OF MASSACHUSETTS (National Association of Insurance Commissioners NAIC id number: 52060 )
Policy contract number003799
Policy instance 1
Insurance contract or identification number003799
Number of Individuals Covered3386
Insurance policy start date2014-01-01
Insurance policy end date2014-12-31
Total amount of commissions paid to insurance brokerUSD $30,890
Total amount of fees paid to insurance companyUSD $0
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Dental Insurance Welfare BenefitYes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $30,890
Insurance broker organization code?3
Insurance broker nameEASTERN INSURANCE GROUP LLC
DELTA DENTAL OF MASSACHUSETTS (National Association of Insurance Commissioners NAIC id number: 52060 )
Policy contract number003799
Policy instance 1
Insurance contract or identification number003799
Number of Individuals Covered3264
Insurance policy start date2013-01-01
Insurance policy end date2013-12-31
Total amount of commissions paid to insurance brokerUSD $30,452
Total amount of fees paid to insurance companyUSD $0
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Dental Insurance Welfare BenefitYes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $30,452
Insurance broker organization code?3
Insurance broker nameEASTERN INSURANCE GROUP LLC
DELTA DENTAL OF MASSACHUSETTS (National Association of Insurance Commissioners NAIC id number: 52060 )
Policy contract number003799
Policy instance 1
Insurance contract or identification number003799
Number of Individuals Covered3176
Insurance policy start date2012-01-01
Insurance policy end date2012-12-31
Total amount of commissions paid to insurance brokerUSD $29,705
Total amount of fees paid to insurance companyUSD $0
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Dental Insurance Welfare BenefitYes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $29,705
Insurance broker organization code?3
Insurance broker nameEASTERN INSURANCE GROUP LLC
DELTA DENTAL OF MASSACHUSETTS (National Association of Insurance Commissioners NAIC id number: 52060 )
Policy contract number003799
Policy instance 1
Insurance contract or identification number003799
Number of Individuals Covered3158
Insurance policy start date2011-01-01
Insurance policy end date2011-12-31
Total amount of commissions paid to insurance brokerUSD $29,852
Total amount of fees paid to insurance companyUSD $0
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Dental Insurance Welfare BenefitYes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
DELTA DENTAL OF MASSACHUSETTS (National Association of Insurance Commissioners NAIC id number: 52060 )
Policy contract number003799
Policy instance 1
Insurance contract or identification number003799
Number of Individuals Covered3186
Insurance policy start date2010-01-01
Insurance policy end date2010-12-31
Total amount of commissions paid to insurance brokerUSD $30,696
Total amount of fees paid to insurance companyUSD $0
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Dental Insurance Welfare BenefitYes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No

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