2023 Form 5500 filing — Lumbee Guaranty Bank 401(K) 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 20241015095856NAL0016100163001) for Lumbee Guaranty Bank 401(K) Savings Plan, reported by Lumbee Guaranty Bank under EIN 56-0990387 and plan number 002. It reports 110 participants. Attached schedules in the loaded dataset include Schedule I (small plan financials).
- EFAST2 acknowledgement
- 20241015095856NAL0016100163001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Lumbee Guaranty Bank
- EIN
- 56-0990387
- Plan number
- 002
- Location
- Pembroke, NC
- Participants
- 110
- Schedules available
- Schedule I
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $5,006,196
- Net assets (EOY)
- $5,006,196
- Employer contributions
- $96,140
- Participant contributions
- $238,235
- Total income / additions
- $618,304
- Benefits paid
- $146,751
- Administrative expenses
- $7,924
- Total expenses
- $154,973
- Net increase / (decrease)
- $463,331
- Schedule source
- Schedule I