2023 Form 5500 filing — Peoples Bank 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 20241002151626NAL0015472160001) for Peoples Bank 401(K) Profit Sharing Plan, reported by Peoples Bank Of Mendenhall under EIN 64-0220470 and plan number 002. It reports 220 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241002151626NAL0015472160001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Peoples Bank Of Mendenhall
- EIN
- 64-0220470
- Plan number
- 002
- Location
- Mendenhall, MS
- Participants
- 220
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $13,849,386
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $13,849,386
- Employer contributions
- $660,249
- Participant contributions
- $558,505
- Total income / additions
- $3,203,404
- Benefits paid
- $1,205,761
- Administrative expenses
- $4,753
- Total expenses
- $1,210,514
- Net increase / (decrease)
- $1,992,890
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Lpl Financial Corporation | BROKER | $48,782 | not reported in the loaded dataset |