2023 Form 5500 filing — National Bank Of Commerce 401(K) Profit Sharing 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 20240906092147NAL0001967122001) for National Bank Of Commerce 401(K) Profit Sharing Plan, reported by Natcom Bancshares, Inc. under EIN 39-1921969 and plan number 002. It reports 234 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240906092147NAL0001967122001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Natcom Bancshares, Inc.
- EIN
- 39-1921969
- Plan number
- 002
- Location
- Superior, WI
- Participants
- 234
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $21,766,458
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $21,766,458
- Employer contributions
- $779,442
- Participant contributions
- $1,250,476
- Total income / additions
- $4,849,894
- Benefits paid
- $3,324,285
- Administrative expenses
- $66,238
- Total expenses
- $3,390,523
- Net increase / (decrease)
- $1,459,371
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Jnba Financial Advisors | INVESTMENT ADVISORY | $35,542 | not reported in the loaded dataset |
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $30,698 | $0 |