Springs Valley Bank & Trust Company Retirement Profit Sharing Plan — Form 5500 plan (Springs Valley Bank & Trust Company)
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, Springs Valley Bank & Trust Company Retirement Profit Sharing Plan is a benefit plan reported by Springs Valley Bank & Trust Company under EIN 35-0749025 and plan number 008. The latest loaded filing year is 2023. The filing reports 129 participants and $15,964,899 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Springs Valley Bank & Trust Company
- EIN
- 35-0749025
- Plan number
- 008
- Plan type
- 2
- Location
- Jasper, IN
- Latest filing year
- 2023
- Participants
- 129
- End-of-year plan assets
- $15,964,899
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 129 | H, C | 20241015090023NAL0016020339001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $15,964,899
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $15,964,899
- Net assets (BOY)
- $12,719,862
Income & contributions
- Employer contributions
- $615,134
- Participant contributions
- $776,930
- Total contributions
- $1,424,044
- Total income / additions
- $3,859,614
Expenses & distributions
- Benefits paid
- $591,991
- Administrative expenses
- $22,586
- Total expenses
- $614,577
- Net increase / (decrease)
- $3,245,037
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Fidelity Investments Institutional | RECORDKEEPER | $19,512 | $0 | 2023 |