2023 Form 5500 filing — Home Bank, N.A. Profit Sharing And 401(K) 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 20240627152835NAL0015346048001) for Home Bank, N.A. Profit Sharing And 401(K) Plan, reported by Home Bank Na under EIN 72-0214660 and plan number 002. It reports 587 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

EFAST2 acknowledgement
20240627152835NAL0015346048001
Filing year
2023
Form type
2
Plan sponsor
Home Bank Na
EIN
72-0214660
Plan number
002
Location
Lafayette, LA
Participants
587
Schedules available
Schedule H, Schedule C
Received date
not reported in the loaded dataset

Reported financial snapshot (2023)

Total assets (EOY)
$46,855,176
Total liabilities (EOY)
$0
Net assets (EOY)
$46,855,176
Employer contributions
$1,562,076
Participant contributions
$2,767,915
Total income / additions
$10,893,227
Benefits paid
$1,960,240
Administrative expenses
$137,749
Total expenses
$2,097,989
Net increase / (decrease)
$8,795,238
Schedule source
Schedule H

Reported service provider compensation (Schedule C)

Compensation reported on the 2023 filing
ProviderServiceDirect comp.Indirect comp.
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$97,098$0
Merrill Lynch Pierce Fenner & SmithCONSULTANT$40,651$33

Related Form 5500 pages