2023 Form 5500 filing — Bank Forward 401k Plan And Trust

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 20241008123321NAL0016621681001) for Bank Forward 401k Plan And Trust, reported by Bank Forward under EIN 45-0192700 and plan number 002. It reports 264 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)$30.2MReported net assets$30,167,750
Participants264
Provider compensation$54.2K1 Schedule C row(s)$54,243
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20241008123321NAL0016621681001
Plan sponsor
Bank Forward
EIN
45-0192700
Plan number
002
Location
Fargo, ND
Received date
not reported in the loaded dataset
How to read this filing
  • This is a single annual Form 5500 filing, identified by its EFAST2 acknowledgement id.
  • Schedule chips (Sch H / I / C) show which schedules this filing includes.
  • Net assets = total assets minus total liabilities (Schedule H/I).
  • Fields a filing did not report are labeled not reported in the loaded dataset — never estimated.
  • For the plan's full history, open the plan profile.
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)$30.2M total assets
Net assets$30.2MLiabilities$0
Money in vs. money out
Total income / additions$7.4M
Total expenses$2.2M
Benefits paid / distributions$2.2M
Contributions
Employer$557.6K
Participant$1.7M
Full reported line items
Total assets (EOY)
$30,167,750
Total liabilities (EOY)
$0
Net assets (EOY)
$30,167,750
Employer contributions
$557,613
Participant contributions
$1,687,815
Total income / additions
$7,441,603
Benefits paid
$2,170,481
Administrative expenses
$54,243
Total expenses
$2,224,724
Net increase / (decrease)
$5,216,879
Schedule C

Reported service provider compensation

Compensation reported on the 2023 filing, ranked by reported total.

  1. 1
    CONTRACT ADMINISTRATOR · Direct $54.2K · Indirect $0

What to inspect next

Frequently asked questions

What does EFAST2 acknowledgement 20241008123321NAL0016621681001 cover?
It is the 2023 Form 5500 filing for Bank Forward 401k Plan And Trust, reported by Bank Forward (EIN 45-0192700).
Which Form 5500 schedules are attached to this 2023 filing?
Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

Related Form 5500 pages