401(k)
2024 plan-year 401(k) DOL Form 5500

Peoples Security Bank 401(k) Profit Sharing Plan

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by Peoples Security Bank & Trust Company · Pennsylvania · Finance & Insurance

What the 2023 filing shows

Peoples Security Bank 401(k) Profit Sharing Plan holds $53M for 393 participants — about $134,247 per participant, up 12.8% over the 2024 plan year.

$53M
total plan assets (2024 EOY)
393
covered participants
$134,247
avg assets per participant
+12.8%
assets growth YoY
Total Assets (2023)
$53M
Participants
393
State
Industry
Finance & Insurance

What the Filing Says About Peoples Security Bank 401(k) Profit Sharing Plan

Peoples Security Bank 401(k) Profit Sharing Plan is a 401(k) retirement plan sponsored by Peoples Security Bank & Trust Company, headquartered in Pennsylvania. As of the 2024 Form 5500 filing, the plan reports $53M in total end-of-year assets and covers 393 participants across the Finance & Insurance industry. The sponsor's EIN on file with the U.S. Department of Labor is 240603570, and the plan has been effective since 1962-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $47M at the beginning of 2024 to $53M at year-end — a gain of 12.8%. Net assets (after liabilities) closed the year at $53M, with reported net income of $6M driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$47M
Total Assets (End of Year)$53M
Net Assets (End of Year)$53M
Net Income$6M
Plan Type401(k)
Employer EIN240603570
Plan Effective Date1962-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Peoples Security Bank & Trust Company)

Year Plans Participants Total Assets
2022 3 765 $63M
2023 3 788 $70M
2024 3 789 $77M

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Frequently Asked Questions

How much money is in the Peoples Security Bank 401(k) Profit Sharing Plan?
As of the 2024 Form 5500 filing, Peoples Security Bank 401(k) Profit Sharing Plan holds $53M in total assets with 393 participants. It is sponsored by Peoples Security Bank & Trust Company.
What type of plan is Peoples Security Bank 401(k) Profit Sharing Plan?
Peoples Security Bank 401(k) Profit Sharing Plan is a 401(k) plan. It has been effective since 1962-01-01. The plan is filed with the U.S. Department of Labor under EIN 240603570.
Who sponsors the Peoples Security Bank 401(k) Profit Sharing Plan?
Peoples Security Bank 401(k) Profit Sharing Plan is sponsored by Peoples Security Bank & Trust Company, located in Pennsylvania. The sponsor's EIN is 240603570 and the plan operates in the Finance & Insurance industry.
How did Peoples Security Bank 401(k) Profit Sharing Plan perform in 2024?
Peoples Security Bank 401(k) Profit Sharing Plan grew by 12.8% during 2024, moving from $47M to $53M in total assets. Net income was $6M.
Where can I find official filings for Peoples Security Bank 401(k) Profit Sharing Plan?
Official Form 5500 filings for Peoples Security Bank 401(k) Profit Sharing Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 240603570 or plan name at efast.dol.gov.
How does Peoples Security Bank 401(k) Profit Sharing Plan compare to other plans?
You can compare Peoples Security Bank 401(k) Profit Sharing Plan against other 401(k) plans on the plan type page, or view plans in Pennsylvania on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) — original filing retrieval by EIN 240603570.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.