2023 Form 5500 filing — Peoples Bank 401k And Esop 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 20250813085301NAL0004782531001) for Peoples Bank 401k And Esop Plan, reported by Peoples Bank under EIN 75-1254812 and plan number 001. It reports 144 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20250813085301NAL0004782531001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Peoples Bank
- EIN
- 75-1254812
- Plan number
- 001
- Location
- Lubbock, TX
- Participants
- 144
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $21,239,481
- Net assets (EOY)
- $21,239,481
- Employer contributions
- $584,645
- Participant contributions
- $543,291
- Total income / additions
- $3,282,875
- Benefits paid
- $531,278
- Administrative expenses
- $88,962
- Total expenses
- $620,240
- Net increase / (decrease)
- $2,662,635
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Leverage Retirement, Inc. | NONE | $44,339 | not reported in the loaded dataset |
| Huselton Morgan & Maultsby | NONE | $23,500 | not reported in the loaded dataset |
| First Financial Trust & Asset Mgmt | NONE | $16,872 | not reported in the loaded dataset |