2023 Form 5500 filing — Horizon Bankshares, Inc 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 20240624140113NAL0012907506001) for Horizon Bankshares, Inc Employee Stock Ownership Plan, reported by Horizon Bankshares, Inc under EIN 75-2007584 and plan number 002. It reports 47 participants. Attached schedules in the loaded dataset include Schedule I (small plan financials).

Form 5500 2 · 2023

Filing snapshot

Net assets (EOY)$586.9KReported net assets$586,854
Participants47
Provider compensationNone reported
Schedules filedSchedule ILoaded schedules
EFAST2 acknowledgement
20240624140113NAL0012907506001
Plan sponsor
Horizon Bankshares, Inc
EIN
75-2007584
Plan number
002
Location
Ft Worth, TX
Received date
not reported in the loaded dataset
How to read this filing
  • This is a single annual Form 5500 filing, identified by its EFAST2 acknowledgement id.
  • Schedule chips (Sch H / I / C) show which schedules this filing includes.
  • Net assets = total assets minus total liabilities (Schedule H/I).
  • Fields a filing did not report are labeled not reported in the loaded dataset — never estimated.
  • For the plan's full history, open the plan profile.
Schedule I · 2023

Reported financial snapshot

Reported figures as filed, in whole dollars. Only fields the filing reports are shown.

Reported balance (end of year)$587.6K total assets
Net assets$586.9KLiabilities$750
Money in vs. money out
Total income / additions$129.1K
Total expenses$13.5K
Benefits paid / distributions$13.1K
Contributions
Employer$100K
ParticipantNot reported
Full reported line items
Total assets (EOY)
$587,604
Total liabilities (EOY)
$750
Net assets (EOY)
$586,854
Employer contributions
$100,000
Total income / additions
$129,106
Benefits paid
$13,088
Administrative expenses
$450
Total expenses
$13,538
Net increase / (decrease)
$115,568

What to inspect next

Frequently asked questions

What does EFAST2 acknowledgement 20240624140113NAL0012907506001 cover?
It is the 2023 Form 5500 filing for Horizon Bankshares, Inc Employee Stock Ownership Plan, reported by Horizon Bankshares, Inc (EIN 75-2007584).
Which Form 5500 schedules are attached to this 2023 filing?
Attached schedules in the loaded dataset include Schedule I (small plan financials).

Related Form 5500 pages