2023 Form 5500 filing — South Louisiana Bank, Inc. Employee Savings 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 20241011111108NAL0012407987001) for South Louisiana Bank, Inc. Employee Savings Plan, reported by South Louisiana Bank, Inc under EIN 72-0884012 and plan number 001. It reports 142 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241011111108NAL0012407987001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- South Louisiana Bank, Inc
- EIN
- 72-0884012
- Plan number
- 001
- Location
- Houma, LA
- Participants
- 142
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $16,000,929
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $16,000,929
- Employer contributions
- $387,053
- Participant contributions
- $491,441
- Total income / additions
- $3,258,772
- Benefits paid
- $4,462,438
- Administrative expenses
- $14,600
- Total expenses
- $4,492,400
- Net increase / (decrease)
- -$1,233,628
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Postlethwaite And Netterville | SERVICE PROVIDER | $11,000 | not reported in the loaded dataset |
| Voya Retirement Insurance & Annuity | RECORDKEEPER | $3,600 | $0 |