2023 Form 5500 filing — North State Bank 401k Plan And Esop
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 20240726143957NAL0010316179001) for North State Bank 401k Plan And Esop, reported by North State Bank under EIN 56-2183599 and plan number 001. It reports 345 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240726143957NAL0010316179001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- North State Bank
- EIN
- 56-2183599
- Plan number
- 001
- Location
- Raleigh, NC
- Participants
- 345
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $29,089,528
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $29,089,528
- Employer contributions
- $1,460,248
- Participant contributions
- $1,009,867
- Total income / additions
- $5,278,033
- Benefits paid
- $2,992,314
- Administrative expenses
- $92,749
- Total expenses
- $3,085,063
- Net increase / (decrease)
- $2,192,970
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| At Retirement Services, LLC | NONE | $34,447 | $0 |
| Guardian Wealth Partners | NONE | $32,015 | not reported in the loaded dataset |