2023 Form 5500 filing — First American Bank Corporation 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 20240927160847NAL0001181987001) for First American Bank Corporation Profit Sharing Plan, reported by First American Bank Corporation under EIN 36-2782306 and plan number 001. It reports 1,109 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240927160847NAL0001181987001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- First American Bank Corporation
- EIN
- 36-2782306
- Plan number
- 001
- Location
- Elk Grove Village, IL
- Participants
- 1,109
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $172,292,676
- Total liabilities (EOY)
- $17,877
- Net assets (EOY)
- $172,274,799
- Employer contributions
- $1,948,778
- Participant contributions
- $6,240,980
- Total income / additions
- $35,035,206
- Benefits paid
- $8,722,810
- Administrative expenses
- $7,536
- Total expenses
- $8,730,346
- Net increase / (decrease)
- $26,304,860
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| First American Bank | DIVISION OF SPONSOR | $7,536 | $0 |