2023 Form 5500 filing — Peoples Financial Corporation 401(K) Profit Sharing 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 20240722145541NAL0010658865001) for Peoples Financial Corporation 401(K) Profit Sharing Plan, reported by Peoples Financial Corporation under EIN 64-0709834 and plan number 004. It reports 171 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

Form 5500 2 · 2023

Filing snapshot

Net assets (EOY)$24.9MReported net assets$24,931,777
Participants171
Provider compensation$42.8K2 Schedule C row(s)$42,801
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20240722145541NAL0010658865001
Plan sponsor
Peoples Financial Corporation
EIN
64-0709834
Plan number
004
Location
Biloxi, MS
Received date
not reported in the loaded dataset
Schedule H · 2023

Reported financial snapshot

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

Reported balance (end of year)$24.9M total assets
Net assets$24.9MLiabilities$0
Money in vs. money out
Total income / additions$3.3M
Total expenses$1M
Benefits paid / distributions$984.7K
Contributions
Employer$260.5K
Participant$523.4K
Full reported line items
Total assets (EOY)
$24,931,777
Total liabilities (EOY)
$0
Net assets (EOY)
$24,931,777
Employer contributions
$260,538
Participant contributions
$523,427
Total income / additions
$3,349,700
Benefits paid
$984,734
Administrative expenses
$44,324
Total expenses
$1,029,058
Net increase / (decrease)
$2,320,642

Reported service provider compensation (Schedule C)

Compensation reported on the 2023 filing
ProviderServiceDirect comp.Indirect comp.
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$37,801$0
Intellicents Investment SolutionsINVESTMENT ADVISORY$4,994$6

Related Form 5500 pages