2023 Form 5500 filing — First State 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 20241008142337NAL0016850785001) for First State Bank 401(K) Profit Sharing Plan, reported by First State Bank under EIN 36-1465165 and plan number 001. It reports 275 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)$35.9MReported net assets$35,940,656
Participants275
Provider compensation$131.7K2 Schedule C row(s)$131,675
Schedules filedSchedule H, Schedule CLoaded schedules
- EFAST2 acknowledgement
- 20241008142337NAL0016850785001
- Plan sponsor
- First State Bank
- EIN
- 36-1465165
- Plan number
- 001
- Location
- Mendota, IL
- 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)$35.9M total assets
Net assets$35.9MLiabilities$0
Full reported line items
- Total assets (EOY)
- $35,940,656
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $35,940,656
- Employer contributions
- $1,405,341
- Participant contributions
- $1,133,883
- Total income / additions
- $7,767,340
- Benefits paid
- $2,171,247
- Administrative expenses
- $133,026
- Total expenses
- $2,308,767
- Net increase / (decrease)
- $5,458,573
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| John Hancock Life Insurance Company | RECORDKEEPER | $82,840 | $0 |
| Commonwealth Financial Network | RIA | $48,835 | not reported in the loaded dataset |