2023 Form 5500 filing — Flanagan State Bank Profit Sharing Plan & 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 20241011105517NAL0022615153001) for Flanagan State Bank Profit Sharing Plan & Trust, reported by Flanagan State Bank under EIN 37-0276830 and plan number 002. It reports 181 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)$14.1MReported net assets$14,073,906
Participants181
Provider compensation$44.2K2 Schedule C row(s)$44,223
Schedules filedSchedule H, Schedule CLoaded schedules
- EFAST2 acknowledgement
- 20241011105517NAL0022615153001
- Plan sponsor
- Flanagan State Bank
- EIN
- 37-0276830
- Plan number
- 002
- Location
- Flanagan, 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)$14.1M total assets
Net assets$14.1MLiabilities$0
Full reported line items
- Total assets (EOY)
- $14,073,906
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $14,073,906
- Employer contributions
- $302,947
- Participant contributions
- $594,649
- Total income / additions
- $3,272,066
- Benefits paid
- $1,070,219
- Administrative expenses
- $43,769
- Total expenses
- $1,113,988
- Net increase / (decrease)
- $2,158,078
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| North Star Investment Management | FINANCIAL ADVISOR | $26,500 | not reported in the loaded dataset |
| Employee Fiduciary, LLC | RECORDKEEPER | $17,269 | $454 |