Sba Defined Contribution Plan For Village Bank And Trust Financial Corporation — Form 5500 plan (Village Bank And Trust Financial)
Plain-English plan 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, Sba Defined Contribution Plan For Village Bank And Trust Financial Corporation is a benefit plan reported by Village Bank And Trust Financial under EIN 16-1694602 and plan number 001. The latest loaded filing year is 2023. The filing reports 229 participants and $16,409,951 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Village Bank And Trust Financial
- EIN
- 16-1694602
- Plan number
- 001
- Plan type
- 2
- Location
- Midlothian, VA
- Latest filing year
- 2023
- Participants
- 229
- End-of-year plan assets
- $16,409,951
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 229 | H, C | 20241008090719NAL0008207171001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $16,409,951
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $16,409,951
- Net assets (BOY)
- $13,944,845
Income & contributions
- Employer contributions
- $393,727
- Participant contributions
- $1,048,253
- Total contributions
- $1,475,884
- Total income / additions
- $3,514,505
Expenses & distributions
- Benefits paid
- $950,761
- Administrative expenses
- $98,638
- Total expenses
- $1,049,399
- Net increase / (decrease)
- $2,465,106
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Voya Retirement Insurance & Annuity | SERVICE PROVIDER | $64,646 | not reported in the loaded dataset | 2023 |
| Vba Benefits Corporation | SERVICE PROVIDER | $33,992 | not reported in the loaded dataset | 2023 |