2023 Form 5500 filing — Bank Forward Employee Stock Ownership 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 20241011133448NAL0022843873001) for Bank Forward Employee Stock Ownership Plan, reported by Bank Forward under EIN 45-0192700 and plan number 003. It reports 252 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials).

Form 5500 2 · 2023

Filing snapshot

Net assets (EOY)$39.3MReported net assets$39,312,808
Participants252
Provider compensationNone reported
Schedules filedSchedule HLoaded schedules
EFAST2 acknowledgement
20241011133448NAL0022843873001
Plan sponsor
Bank Forward
EIN
45-0192700
Plan number
003
Location
Fargo, ND
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)$41.7M total assets
Net assets$39.3MLiabilities$2.4M
Money in vs. money out
Total income / additions$8M
Total expenses$1.3M
Benefits paid / distributions$1.3M
Contributions
Employer$1.6M
ParticipantNot reported
Full reported line items
Total assets (EOY)
$41,683,137
Total liabilities (EOY)
$2,370,329
Net assets (EOY)
$39,312,808
Employer contributions
$1,580,263
Total income / additions
$7,998,515
Benefits paid
$1,260,199
Administrative expenses
$52,224
Total expenses
$1,312,423
Net increase / (decrease)
$6,686,092

What to inspect next

Frequently asked questions

What does EFAST2 acknowledgement 20241011133448NAL0022843873001 cover?
It is the 2023 Form 5500 filing for Bank Forward Employee Stock Ownership Plan, reported by Bank Forward (EIN 45-0192700).
Which Form 5500 schedules are attached to this 2023 filing?
Attached schedules in the loaded dataset include Schedule H (large plan financials).

Related Form 5500 pages