Centier Bank Associates' Stock Ownership And 401(K) Plan — Form 5500 plan (Centier 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, Centier Bank Associates' Stock Ownership And 401(K) Plan is a benefit plan reported by Centier Bank under EIN 35-0161790 and plan number 002. The latest loaded filing year is 2023. The filing reports 1,268 participants and $235,304,903 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Centier Bank
EIN
35-0161790
Plan number
002
Plan type
2
Location
Merrillville, IN
Latest filing year
2023
Participants
1,268
End-of-year plan assets
$235,304,903

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20231,268H, C20241014122304NAL0044465696001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$235,304,903
Total liabilities (EOY)
$7,730,000
Net assets (EOY)
$227,574,903
Net assets (BOY)
$193,469,886

Income & contributions

Employer contributions
$8,740,630
Participant contributions
$5,774,538
Total contributions
$15,403,051
Total income / additions
$54,423,280

Expenses & distributions

Benefits paid
$20,280,048
Administrative expenses
$35,335
Total expenses
$20,318,263
Net increase / (decrease)
$34,105,017

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$33,727$02023
Wilshire Advisors LLCINVESTMENT ADVISORY$0$02023

Related Form 5500 pages