2023 Form 5500 filing — Sba Defined Contribution Plan For Skyline National Bank
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 20241009164237NAL0010850467001) for Sba Defined Contribution Plan For Skyline National Bank, reported by Skyline National Bank under EIN 54-0228860 and plan number 002. It reports 251 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)$9.3MReported net assets$9,267,413
Participants251
Provider compensation$69.1K2 Schedule C row(s)$69,083
Schedules filedSchedule H, Schedule CLoaded schedules
- EFAST2 acknowledgement
- 20241009164237NAL0010850467001
- Plan sponsor
- Skyline National Bank
- EIN
- 54-0228860
- Plan number
- 002
- Location
- Independence, VA
- 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)$9.3M total assets
Net assets$9.3MLiabilities$0
Full reported line items
- Total assets (EOY)
- $9,267,413
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $9,267,413
- Employer contributions
- $395,884
- Participant contributions
- $616,331
- Total income / additions
- $2,270,819
- Benefits paid
- $457,373
- Administrative expenses
- $69,172
- Total expenses
- $526,545
- Net increase / (decrease)
- $1,744,274
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Voya Retirement Insurance & Annuity | SERVICE PROVIDER | $49,219 | $0 |
| Vba Benefits Corporation | SERVICE PROVIDER | $19,864 | not reported in the loaded dataset |