Tradition Capital Bank 401(K) Plan — Form 5500 plan (Tradition Capital Bank)
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, Tradition Capital Bank 401(K) Plan is a benefit plan reported by Tradition Capital Bank under EIN 20-3063093 and plan number 001. The latest loaded filing year is 2023. The filing reports 163 participants and $18,505,565 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Tradition Capital Bank
- EIN
- 20-3063093
- Plan number
- 001
- Plan type
- 2
- Location
- Edina, MN
- Latest filing year
- 2023
- Participants
- 163
- End-of-year plan assets
- $18,505,565
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 163 | H, C | 20240912081806NAL0004273347001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $18,505,565
- Net assets (EOY)
- $18,505,565
- Net assets (BOY)
- $14,393,097
Income & contributions
- Employer contributions
- $797,087
- Participant contributions
- $1,268,084
- Total contributions
- $2,952,837
- Total income / additions
- $4,971,115
Expenses & distributions
- Benefits paid
- $851,812
- Administrative expenses
- $6,835
- Total expenses
- $858,647
- Net increase / (decrease)
- $4,112,468
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Tradition Wealth Management LLC | not reported in the loaded dataset | $0 | $28,614 | 2023 |
| Tax Sheltered Compensation Inc | not reported in the loaded dataset | $10,100 | not reported in the loaded dataset | 2023 |
| Lee Cpa Audit Group | not reported in the loaded dataset | $4,400 | not reported in the loaded dataset | 2023 |