2023 Form 5500 filing — Kleberg Bank, N.A. 401(K) 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 20241015111756NAL0014468019005) for Kleberg Bank, N.A. 401(K) Plan, reported by Kleberg Bank, N.A. under EIN 74-0726853 and plan number 002. It reports 171 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241015111756NAL0014468019005
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Kleberg Bank, N.A.
- EIN
- 74-0726853
- Plan number
- 002
- Location
- Kingsville, TX
- Participants
- 171
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $13,294,410
- Net assets (EOY)
- $13,294,410
- Employer contributions
- $440,873
- Participant contributions
- $601,936
- Total income / additions
- $2,902,709
- Benefits paid
- $571,292
- Administrative expenses
- $32,155
- Total expenses
- $603,447
- Net increase / (decrease)
- $2,299,262
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Schwab Retirement Plan Services Inc | NONE | $17,155 | not reported in the loaded dataset |
| Marcado Asset Management LLC | NONE | $15,000 | not reported in the loaded dataset |