2023 Form 5500 filing — Bankfirst Financial Services 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 20240925153352NAL0005563507001) for Bankfirst Financial Services 401(K) Profit Sharing Plan, reported by Bankfirst Financial Services under EIN 64-0202970 and plan number 003. It reports 621 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240925153352NAL0005563507001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Bankfirst Financial Services
- EIN
- 64-0202970
- Plan number
- 003
- Location
- Columbus, MS
- Participants
- 621
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $37,590,126
- Total liabilities (EOY)
- $48,310
- Net assets (EOY)
- $37,541,816
- Employer contributions
- $1,200,064
- Participant contributions
- $2,054,957
- Total income / additions
- $9,834,345
- Benefits paid
- $3,002,536
- Administrative expenses
- $73,973
- Total expenses
- $3,076,509
- Net increase / (decrease)
- $6,757,836
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Mwg Retirement Plan Services | RECORDKEEPER | $73,675 | not reported in the loaded dataset |