2023 Form 5500 filing — Professional Bank 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 20250325165234NAL0014648753001) for Professional Bank 401(K) Plan, reported by Professional Bank under EIN 26-2155465 and plan number 002. It reports 222 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)$18.1KReported net assets$18,133
Participants222
Provider compensation$29.9K1 Schedule C row(s)$29,939
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20250325165234NAL0014648753001
Plan sponsor
Professional Bank
EIN
26-2155465
Plan number
002
Location
Coral Gables, FL
Received date
not reported in the loaded dataset
How to read this filing
  • This is a single annual Form 5500 filing, identified by its EFAST2 acknowledgement id.
  • Schedule chips (Sch H / I / C) show which schedules this filing includes.
  • Net assets = total assets minus total liabilities (Schedule H/I).
  • Fields a filing did not report are labeled not reported in the loaded dataset — never estimated.
  • For the plan's full history, open the plan profile.
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)$18.1K total assets
Net assets$18.1KLiabilities$0
Money in vs. money out
Total income / additions$912.1K
Total expenses$10.9M
Benefits paid / distributions$10.9M
Contributions
Employer$60.3K
Participant$123.7K
Full reported line items
Total assets (EOY)
$18,133
Total liabilities (EOY)
$0
Net assets (EOY)
$18,133
Employer contributions
$60,262
Participant contributions
$123,734
Total income / additions
$912,063
Benefits paid
$10,850,305
Administrative expenses
$31,472
Total expenses
$10,894,048
Net increase / (decrease)
-$9,981,985
Schedule C

Reported service provider compensation

Compensation reported on the 2023 filing, ranked by reported total.

  1. 1
    RECORDKEEPER · Direct $29.9K

What to inspect next

Frequently asked questions

What does EFAST2 acknowledgement 20250325165234NAL0014648753001 cover?
It is the 2023 Form 5500 filing for Professional Bank 401(K) Plan, reported by Professional Bank (EIN 26-2155465).
Which Form 5500 schedules are attached to this 2023 filing?
Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

Related Form 5500 pages