2023 Form 5500 filing — Bank Of The Sierra 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 20241011183052NAL0039798944001) for Bank Of The Sierra Savings Plan, reported by Bank Of The Sierra under EIN 94-2431437 and plan number 001. It reports 635 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241011183052NAL0039798944001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Bank Of The Sierra
- EIN
- 94-2431437
- Plan number
- 001
- Location
- Porterville, CA
- Participants
- 635
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $38,748,134
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $38,748,134
- Employer contributions
- $1,279,760
- Participant contributions
- $2,387,316
- Total income / additions
- $10,299,901
- Benefits paid
- $6,995,262
- Administrative expenses
- $53,110
- Total expenses
- $7,050,989
- Net increase / (decrease)
- $3,248,912
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $53,110 | $0 |
| Creative Planning, Inc. | INVESTMENT ADVISORY | $0 | $49,099 |
| Lpl Financial LLC | OTHER SERVICES | $0 | $3,166 |
| Wilshire Advisors LLC | INVESTMENT ADVISORY | $0 | $0 |