2023 Form 5500 filing — First Western Bank & Trust 401(K)
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 20241015140502NAL0029907217004) for First Western Bank & Trust 401(K), reported by First Western Bank & Trust under EIN 45-0279825 and plan number 002. It reports 422 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241015140502NAL0029907217004
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- First Western Bank & Trust
- EIN
- 45-0279825
- Plan number
- 002
- Location
- Minot, ND
- Participants
- 422
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $40,250,688
- Net assets (EOY)
- $40,250,688
- Employer contributions
- $1,308,285
- Participant contributions
- $2,347,073
- Total income / additions
- $10,108,152
- Benefits paid
- $2,670,896
- Administrative expenses
- $28,696
- Total expenses
- $2,699,592
- Net increase / (decrease)
- $7,408,560
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Epic Retirement Plan Services | RECORDKEEPER | $28,696 | $0 |