2023 Form 5500 filing — First Southern Bancorp Inc 401k 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 20241015100345NAL0048755280004) for First Southern Bancorp Inc 401k Plan, reported by First Southern Bancorp Inc under EIN 61-1129777 and plan number 001. It reports 306 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241015100345NAL0048755280004
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- First Southern Bancorp Inc
- EIN
- 61-1129777
- Plan number
- 001
- Location
- Stanford, KY
- Participants
- 306
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $35,952,738
- Total liabilities (EOY)
- $64,991
- Net assets (EOY)
- $35,887,747
- Employer contributions
- $707,453
- Participant contributions
- $950,889
- Total income / additions
- $3,326,415
- Benefits paid
- $3,044,135
- Administrative expenses
- $15,954
- Total expenses
- $3,060,089
- Net increase / (decrease)
- $266,326
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Retirement Management Services LLC | TPA | $2,100 | $11,981 |
| Morningstar | SERVICE PROVIDER | $1,044 | $3,964 |
| Voya Retirement Ins & Annuity | SERVICE PROVIDER | $4,347 | $0 |