2023 Form 5500 filing — Bank Independent Pension 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 20241015163531NAL0029125121001) for Bank Independent Pension Plan, reported by Bank Independent under EIN 63-0260951 and plan number 003. It reports 764 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241015163531NAL0029125121001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Bank Independent
- EIN
- 63-0260951
- Plan number
- 003
- Location
- Florence, AL
- Participants
- 764
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $35,099,089
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $35,099,089
- Total income / additions
- $1,271,871
- Benefits paid
- $1,039,832
- Administrative expenses
- $149,092
- Total expenses
- $1,188,924
- Net increase / (decrease)
- $82,947
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Futureplan By Ascensus | NONE | $57,015 | not reported in the loaded dataset |
| Crowe Llp | NONE | $18,638 | not reported in the loaded dataset |