2023 Form 5500 filing — Black Mountain Savings Bank, Ssb 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 20250430115904NAL0002654784001) for Black Mountain Savings Bank, Ssb 401(K) Plan, reported by Black Mountain Savings Bank, Ssb under EIN 56-0142695 and plan number 001. It reports 6 participants. Attached schedules in the loaded dataset include Schedule I (small plan financials).

Form 5500 2 · 2023

Filing snapshot

Net assets (EOY)$2.4MReported net assets$2,370,175
Participants6
Provider compensationNone reported
Schedules filedSchedule ILoaded schedules
EFAST2 acknowledgement
20250430115904NAL0002654784001
Plan sponsor
Black Mountain Savings Bank, Ssb
EIN
56-0142695
Plan number
001
Location
Black Mountain, NC
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 I · 2023

Reported financial snapshot

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

Reported balance (end of year)$2.4M total assets
Net assets$2.4MLiabilities
Money in vs. money out
Total income / additions$183.9K
Total expenses$94.9K
Benefits paid / distributions$92.6K
Contributions
Employer$49.6K
Participant$24.2K
Full reported line items
Total assets (EOY)
$2,370,175
Net assets (EOY)
$2,370,175
Employer contributions
$49,586
Participant contributions
$24,243
Total income / additions
$183,885
Benefits paid
$92,585
Administrative expenses
$1,255
Total expenses
$94,913
Net increase / (decrease)
$88,972

What to inspect next

Frequently asked questions

What does EFAST2 acknowledgement 20250430115904NAL0002654784001 cover?
It is the 2023 Form 5500 filing for Black Mountain Savings Bank, Ssb 401(K) Plan, reported by Black Mountain Savings Bank, Ssb (EIN 56-0142695).
Which Form 5500 schedules are attached to this 2023 filing?
Attached schedules in the loaded dataset include Schedule I (small plan financials).

Related Form 5500 pages