2023 Form 5500 filing — First National Bank Of St. Ignace 401(K) Retirement 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 20240903062426NAL0009101427001) for First National Bank Of St. Ignace 401(K) Retirement Plan, reported by First National Bank Of St. Ignace under EIN 38-0996926 and plan number 002. It reports 69 participants. Attached schedules in the loaded dataset include Schedule I (small plan financials).

Form 5500 2 · 2023

Filing snapshot

Net assets (EOY)$3.2MReported net assets$3,166,619
Participants69
Provider compensationNone reported
Schedules filedSchedule ILoaded schedules
EFAST2 acknowledgement
20240903062426NAL0009101427001
Plan sponsor
First National Bank Of St. Ignace
EIN
38-0996926
Plan number
002
Location
St. Ignace, MI
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)$3.2M total assets
Net assets$3.2MLiabilities$0
Money in vs. money out
Total income / additions$885.3K
Total expenses$1.5M
Benefits paid / distributions$1.5M
Contributions
Employer$212.8K
Participant$137.6K
Full reported line items
Total assets (EOY)
$3,166,619
Total liabilities (EOY)
$0
Net assets (EOY)
$3,166,619
Employer contributions
$212,850
Participant contributions
$137,597
Total income / additions
$885,284
Benefits paid
$1,515,949
Administrative expenses
$18,757
Total expenses
$1,534,706
Net increase / (decrease)
-$649,422

What to inspect next

Frequently asked questions

What does EFAST2 acknowledgement 20240903062426NAL0009101427001 cover?
It is the 2023 Form 5500 filing for First National Bank Of St. Ignace 401(K) Retirement Plan, reported by First National Bank Of St. Ignace (EIN 38-0996926).
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