2023 Form 5500 filing — Independent Community Bankers Of America Savings And Thrift 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 20240731073118NAL0012507779001) for Independent Community Bankers Of America Savings And Thrift Plan, reported by Independent Community Bankers Of America under EIN 41-0327400 and plan number 002. It reports 334 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)$57.5MReported net assets$57,538,432
Participants334
Provider compensation$61.2K2 Schedule C row(s)$61,204
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20240731073118NAL0012507779001
Plan sponsor
Independent Community Bankers Of America
EIN
41-0327400
Plan number
002
Location
Washington, DC
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)$57.5M total assets
Net assets$57.5MLiabilities$0
Money in vs. money out
Total income / additions$14.8M
Total expenses$5.6M
Benefits paid / distributions$5.5M
Contributions
Employer$1.8M
Participant$2.7M
Full reported line items
Total assets (EOY)
$57,538,432
Total liabilities (EOY)
$0
Net assets (EOY)
$57,538,432
Employer contributions
$1,762,759
Participant contributions
$2,681,036
Total income / additions
$14,752,818
Benefits paid
$5,537,487
Administrative expenses
$61,163
Total expenses
$5,598,650
Net increase / (decrease)
$9,154,168

Reported service provider compensation (Schedule C)

Compensation reported on the 2023 filing
ProviderServiceDirect comp.Indirect comp.
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$61,204$0
Morningstar Investment Management LINV ADV, PARTICIPANTS$0$0

Related Form 5500 pages