2023 Form 5500 filing — American Commercial Bank & Trust, National Association Employees' Esop & 401(K) 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 20240920102345NAL0012810544001) for American Commercial Bank & Trust, National Association Employees' Esop & 401(K) Plan, reported by American Commercial Bank & Trust, National Association under EIN 36-1588745 and plan number 002. It reports 197 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240920102345NAL0012810544001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- American Commercial Bank & Trust, National Association
- EIN
- 36-1588745
- Plan number
- 002
- Location
- Ottawa, IL
- Participants
- 197
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $18,594,875
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $18,594,875
- Employer contributions
- $494,885
- Participant contributions
- $1,145,344
- Total income / additions
- $4,500,530
- Benefits paid
- $921,106
- Administrative expenses
- $51,342
- Total expenses
- $972,448
- Net increase / (decrease)
- $3,528,082
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Iht Wealth Management, LLC | INVESTMENT ADVISORY | $32,410 | not reported in the loaded dataset |
| John Hancock Trust Company LLC | RECORD KEEPER | $18,392 | not reported in the loaded dataset |
| The Benefit Practice | THIRD PARTY ADMIN | $500 | not reported in the loaded dataset |