2023 Form 5500 filing — Peoples State Bank Profit Sharing 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 20240924140410NAL0012860577001) for Peoples State Bank Profit Sharing 401(K) Plan, reported by Peoples State Bank under EIN 39-0987942 and plan number 002. It reports 254 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240924140410NAL0012860577001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Peoples State Bank
- EIN
- 39-0987942
- Plan number
- 002
- Location
- Wausau, WI
- Participants
- 254
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $26,164,879
- Total liabilities (EOY)
- $9,614
- Net assets (EOY)
- $26,155,265
- Employer contributions
- $884,169
- Participant contributions
- $982,207
- Total income / additions
- $5,663,496
- Benefits paid
- $3,660,098
- Administrative expenses
- $112,459
- Total expenses
- $3,772,557
- Net increase / (decrease)
- $1,890,939
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Raymond James And Associates, Inc. | NONE | $58,842 | not reported in the loaded dataset |
| Alerus Financial, N.A. | NONE | $53,617 | $0 |