2023 Form 5500 filing — Main Banc, 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 20240723090431NAL0006457171001) for Main Banc, Inc. Employee Stock Ownership Plan, reported by Main Banc, Inc. under EIN 20-2183667 and plan number 001. It reports 16 participants. Attached schedules in the loaded dataset include Schedule I (small plan financials).

Form 5500 2 · 2023

Filing snapshot

Net assets (EOY)$5.1MReported net assets$5,090,424
Participants16
Provider compensationNone reported
Schedules filedSchedule ILoaded schedules
EFAST2 acknowledgement
20240723090431NAL0006457171001
Plan sponsor
Main Banc, Inc.
EIN
20-2183667
Plan number
001
Location
Albuquerque, NM
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)$5.1M total assets
Net assets$5.1MLiabilities$0
Money in vs. money out
Total income / additions$167.8K
Total expenses$467.6K
Benefits paid / distributions$463.4K
Contributions
Employer$20K
ParticipantNot reported
Full reported line items
Total assets (EOY)
$5,090,424
Total liabilities (EOY)
$0
Net assets (EOY)
$5,090,424
Employer contributions
$20,000
Total income / additions
$167,839
Benefits paid
$463,389
Administrative expenses
$4,250
Total expenses
$467,639
Net increase / (decrease)
-$299,800

What to inspect next

Frequently asked questions

What does EFAST2 acknowledgement 20240723090431NAL0006457171001 cover?
It is the 2023 Form 5500 filing for Main Banc, Inc. Employee Stock Ownership Plan, reported by Main Banc, Inc. (EIN 20-2183667).
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