2023 Form 5500 filing — First State Bank Profit Sharing 401(K) 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 20241011075017NAL0022372817001) for First State Bank Profit Sharing 401(K) Plan, reported by First State Bank under EIN 64-0659655 and plan number 002. It reports 174 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials).

Form 5500 2 · 2023

Filing snapshot

Net assets (EOY)$8.5MReported net assets$8,488,446
Participants174
Provider compensationNone reported
Schedules filedSchedule HLoaded schedules
EFAST2 acknowledgement
20241011075017NAL0022372817001
Plan sponsor
First State Bank
EIN
64-0659655
Plan number
002
Location
Waynesboro, MS
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)$8.5M total assets
Net assets$8.5MLiabilities$4.7K
Money in vs. money out
Total income / additions$1.9M
Total expenses$1M
Benefits paid / distributions$1M
Contributions
Employer$238.1K
Participant$451K
Full reported line items
Total assets (EOY)
$8,493,134
Total liabilities (EOY)
$4,688
Net assets (EOY)
$8,488,446
Employer contributions
$238,149
Participant contributions
$450,958
Total income / additions
$1,881,008
Benefits paid
$1,025,600
Administrative expenses
$0
Total expenses
$1,025,600
Net increase / (decrease)
$855,408

Related Form 5500 pages