2023 Form 5500 filing — Springs Valley Bank & Trust Company Retirement Profit Sharing 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 20241015090023NAL0016020339001) for Springs Valley Bank & Trust Company Retirement Profit Sharing Plan, reported by Springs Valley Bank & Trust Company under EIN 35-0749025 and plan number 008. It reports 129 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241015090023NAL0016020339001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Springs Valley Bank & Trust Company
- EIN
- 35-0749025
- Plan number
- 008
- Location
- Jasper, IN
- Participants
- 129
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $15,964,899
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $15,964,899
- Employer contributions
- $615,134
- Participant contributions
- $776,930
- Total income / additions
- $3,859,614
- Benefits paid
- $591,991
- Administrative expenses
- $22,586
- Total expenses
- $614,577
- Net increase / (decrease)
- $3,245,037
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Fidelity Investments Institutional | RECORDKEEPER | $19,512 | $0 |