2023 Form 5500 filing — Orion Bancorporation, Inc. Retirement 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 20241015105406NAL0014435539001) for Orion Bancorporation, Inc. Retirement Savings Plan, reported by Orion Bancorporation, Inc. under EIN 36-3275237 and plan number 002. It reports 128 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

Form 5500 2 · 2023

Filing snapshot

Net assets (EOY)$10MReported net assets$10,047,938
Participants128
Provider compensation$35.7K2 Schedule C row(s)$35,662
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20241015105406NAL0014435539001
Plan sponsor
Orion Bancorporation, Inc.
EIN
36-3275237
Plan number
002
Location
Orion, IL
Received date
not reported in the loaded dataset
Schedule H · 2023

Reported financial snapshot

Reported figures as filed, in whole dollars. Only fields the filing reports are shown.

Reported balance (end of year)$10M total assets
Net assets$10MLiabilities$0
Money in vs. money out
Total income / additions$2.3M
Total expenses$842K
Benefits paid / distributions$806.3K
Contributions
Employer$452.8K
Participant$479.9K
Full reported line items
Total assets (EOY)
$10,047,938
Total liabilities (EOY)
$0
Net assets (EOY)
$10,047,938
Employer contributions
$452,829
Participant contributions
$479,927
Total income / additions
$2,267,489
Benefits paid
$806,293
Administrative expenses
$35,662
Total expenses
$841,955
Net increase / (decrease)
$1,425,534

Reported service provider compensation (Schedule C)

Compensation reported on the 2023 filing
ProviderServiceDirect comp.Indirect comp.
Spectrum Investment Advisors IncINVESTMENT ADVISOR$27,176not reported in the loaded dataset
Empower Annuity Insurance CompanyRECORDKEEPER$8,486$0

Related Form 5500 pages