First Freedom Bancshares Employee Stock Ownership Plan — Form 5500 plan (First Freedom Bancshares)
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, First Freedom Bancshares Employee Stock Ownership Plan is a benefit plan reported by First Freedom Bancshares under EIN 26-3516509 and plan number 002. The latest loaded filing year is 2023. The filing reports 82 participants and $4,951,820 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- First Freedom Bancshares
- EIN
- 26-3516509
- Plan number
- 002
- Plan type
- 2
- Location
- Lebanon, TN
- Latest filing year
- 2023
- Participants
- 82
- End-of-year plan assets
- $4,951,820
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 82 | I | 20240725113630NAL0009175875001 |
Reported financial statement (2023 · Schedule I)
Net assets
- Total assets (EOY)
- $4,951,820
- Total liabilities (EOY)
- $149,000
- Net assets (EOY)
- $4,802,820
- Net assets (BOY)
- $4,824,440
Income & contributions
- Employer contributions
- $379,029
- Total income / additions
- $804,418
Expenses & distributions
- Benefits paid
- $817,310
- Total expenses
- $826,038
- Net increase / (decrease)
- -$21,620
Service provider compensation (Schedule C)
No Schedule C service provider compensation is loaded for this plan yet.