2023 Form 5500 filing — Tc Federal Bank Employee Stock Ownership Plan
Plain-English filing 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, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240320093739NAL0001320659001) for Tc Federal Bank Employee Stock Ownership Plan, reported by Tc Bancshares, Inc. under EIN 86-2650449 and plan number 001. It reports 53 participants. Attached schedules in the loaded dataset include Schedule I (small plan financials).
- EFAST2 acknowledgement
- 20240320093739NAL0001320659001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Tc Bancshares, Inc.
- EIN
- 86-2650449
- Plan number
- 001
- Location
- Thomasville, GA
- Participants
- 53
- Schedules available
- Schedule I
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $5,413,129
- Total liabilities (EOY)
- $3,417,882
- Net assets (EOY)
- $1,995,247
- Employer contributions
- $227,393
- Participant contributions
- $0
- Total income / additions
- -$159,115
- Benefits paid
- $2,618
- Administrative expenses
- $0
- Total expenses
- $118,649
- Net increase / (decrease)
- -$277,764
- Schedule source
- Schedule I