2023 Form 5500 filing — First National Bank North 401(K) Profit Sharing 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 20241011093620NAL0022492289001) for First National Bank North 401(K) Profit Sharing Plan And Trust, reported by First National Bank North under EIN 41-0597395 and plan number 002. It reports 150 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)$15.4MReported net assets$15,388,338
Participants150
Provider compensation$29.8K3 Schedule C row(s)$29,767
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20241011093620NAL0022492289001
Plan sponsor
First National Bank North
EIN
41-0597395
Plan number
002
Location
Walker, MN
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)$15.4M total assets
Net assets$15.4MLiabilities$85
Money in vs. money out
Total income / additions$2.8M
Total expenses$1.7M
Benefits paid / distributions$1.6M
Contributions
Employer$177.7K
Participant$535.6K
Full reported line items
Total assets (EOY)
$15,388,423
Total liabilities (EOY)
$85
Net assets (EOY)
$15,388,338
Employer contributions
$177,747
Participant contributions
$535,631
Total income / additions
$2,758,233
Benefits paid
$1,639,362
Administrative expenses
$29,947
Total expenses
$1,669,309
Net increase / (decrease)
$1,088,924
Schedule C

Reported service provider compensation

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

  1. 1
    INVESTMENT ADVISORY PLAN · Direct $17.9K · Indirect $0
  2. 2
    RECORDKEEPER · Direct $9.7K · Indirect $0
  3. 3
    RECORDKEEPER · Direct $2.1K · Indirect $92

What to inspect next

Frequently asked questions

What does EFAST2 acknowledgement 20241011093620NAL0022492289001 cover?
It is the 2023 Form 5500 filing for First National Bank North 401(K) Profit Sharing Plan And Trust, reported by First National Bank North (EIN 41-0597395).
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