2023 Form 5500 filing — Southwest Bank 401k 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 20240816160630NAL0008154739001) for Southwest Bank 401k Plan, reported by Southwest Bank under EIN 75-0749819 and plan number 001. It reports 128 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240816160630NAL0008154739001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Southwest Bank
- EIN
- 75-0749819
- Plan number
- 001
- Location
- Odessa, TX
- Participants
- 128
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $12,134,708
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $12,134,708
- Employer contributions
- $488,092
- Participant contributions
- $681,748
- Total income / additions
- $2,843,400
- Benefits paid
- $661,281
- Administrative expenses
- $23,335
- Total expenses
- $684,616
- Net increase / (decrease)
- $2,158,784
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| John Hancock | NONE | $1,760 | not reported in the loaded dataset |