2023 Form 5500 filing — Citizens National Bank Of Texas Employee Savings 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 20240930112835NAL0003203363001) for Citizens National Bank Of Texas Employee Savings Plan, reported by Citizens National Bank Of Texas under EIN 75-0187771 and plan number 003. It reports 253 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
Form 5500 2 · 2023
Filing snapshot
Net assets (EOY)$29.7MReported net assets$29,748,574
Participants253
Provider compensation$80.3K2 Schedule C row(s)$80,294
Schedules filedSchedule H, Schedule CLoaded schedules
- EFAST2 acknowledgement
- 20240930112835NAL0003203363001
- Plan sponsor
- Citizens National Bank Of Texas
- EIN
- 75-0187771
- Plan number
- 003
- Location
- Waxahachie, TX
- Received date
- not reported in the loaded dataset
Schedule H · 2023
Reported financial snapshot
Reported figures as filed, in whole dollars. Only fields the filing reports are shown.
Reported balance (end of year)$29.8M total assets
Net assets$29.7MLiabilities$15K
Full reported line items
- Total assets (EOY)
- $29,763,609
- Total liabilities (EOY)
- $15,035
- Net assets (EOY)
- $29,748,574
- Employer contributions
- $555,495
- Participant contributions
- $1,497,836
- Total income / additions
- $3,453,352
- Benefits paid
- $4,293,934
- Administrative expenses
- $80,289
- Total expenses
- $4,389,258
- Net increase / (decrease)
- -$935,906
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $53,809 | $0 |
| Commerce Street Investment Advisors | INVESTMENT ADVISORY | $26,480 | $5 |