2023 Form 5500 filing — The Enhanced Capital Accumulation Plan For The Employees Of The Fidelity Bank
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 20240726090052NAL0008817891001) for The Enhanced Capital Accumulation Plan For The Employees Of The Fidelity Bank, reported by The Fidelity Bank under EIN 56-0132040 and plan number 003. It reports 692 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)$49.1MReported net assets$49,108,921
Participants692
Provider compensation$104.5K2 Schedule C row(s)$104,476
Schedules filedSchedule H, Schedule CLoaded schedules
- EFAST2 acknowledgement
- 20240726090052NAL0008817891001
- Plan sponsor
- The Fidelity Bank
- EIN
- 56-0132040
- Plan number
- 003
- Location
- Fuquay Varina, NC
- 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)$49.1M total assets
Net assets$49.1MLiabilities$0
Full reported line items
- Total assets (EOY)
- $49,108,921
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $49,108,921
- Employer contributions
- $2,850,206
- Participant contributions
- $2,847,940
- Total income / additions
- $14,661,230
- Benefits paid
- $1,683,358
- Administrative expenses
- $100,324
- Total expenses
- $1,783,682
- Net increase / (decrease)
- $12,877,548
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Empower Annuity Insurance Company O | RECORDKEEPER | $87,961 | $0 |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $16,515 | not reported in the loaded dataset |