2023 Form 5500 filing — Qnb Bank Flexible Benefits 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 20241015103745NAL0028085361001) for Qnb Bank Flexible Benefits Plan, reported by Qnb Bank under EIN 23-0995065 and plan number 504. It reports 137 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241015103745NAL0028085361001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Qnb Bank
- EIN
- 23-0995065
- Plan number
- 504
- Location
- Quakertown, PA
- Participants
- 137
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $0
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $0
- Employer contributions
- $1,234,025
- Participant contributions
- $424,723
- Total income / additions
- $1,659,240
- Benefits paid
- $1,341,115
- Administrative expenses
- $599,529
- Total expenses
- $1,940,644
- Net increase / (decrease)
- -$281,404
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Unimerica Insurance Company | NONE | $482,734 | not reported in the loaded dataset |
| Meritain Health, Inc. | NONE | $55,084 | not reported in the loaded dataset |
| L.R. Webber Associates | NONE | $25,163 | not reported in the loaded dataset |
| The Benecon Group, Inc. | NONE | $23,489 | not reported in the loaded dataset |
| Pbasc | NONE | $7,197 | not reported in the loaded dataset |