Who sponsors the Resource Bank Profit Sharing Plan And Trust?

Resource Bank Profit Sharing Plan And Trust is reported as sponsored by Resource Bank, N.A. (EIN 36-1077820, plan number 001) in public Form 5500 filings.

What is the most recent Form 5500 filing year for Resource Bank Profit Sharing Plan And Trust?

The latest Form 5500 filing year loaded for Resource Bank Profit Sharing Plan And Trust is 2023.

How many participants does Resource Bank Profit Sharing Plan And Trust report?

Resource Bank Profit Sharing Plan And Trust reports 149 participants in its latest loaded Form 5500 filing.

What are the reported plan assets for Resource Bank Profit Sharing Plan And Trust?

Resource Bank Profit Sharing Plan And Trust reports $20,521,490 in end-of-year plan assets in its latest loaded Form 5500 filing.

Resource Bank Profit Sharing Plan And Trust — Form 5500 plan (Resource Bank, N.A.)

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, Resource Bank Profit Sharing Plan And Trust is a benefit plan reported by Resource Bank, N.A. under EIN 36-1077820 and plan number 001. The latest loaded filing year is 2023. The filing reports 149 participants and $20,521,490 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$20.5MPlan net assets, end of year$20,521,490

Participants149Covered participants reported

Assets / participant$137.7KComputed: assets ÷ participants$137,728 (computed)

Provider compensation$58.4K1 Schedule C provider row(s)$58,442

Plan sponsor: Resource Bank, N.A.
EIN: 36-1077820
Plan number: 001
Plan type: 2
Location: Dekalb, IL
Latest filing year: 2023

Form 5500 filing history

Filings loaded for this plan
Filing year	Participants	Schedules	Filing
2023	149	H, C	20241009171405NAL0031951632001

Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$20.5M total assets

Net assets$20.5MLiabilities$0

Money in vs. money out

Total income / additions$4.5M

Total expenses$1.7M

Benefits paid / distributions$1.7M

Contributions

Employer$396.5K

Participant$740.9K

Full reported line items

Net assets

Total assets (EOY): $20,521,490
Total liabilities (EOY): $0
Net assets (EOY): $20,521,490
Net assets (BOY): $17,697,937

Income & contributions

Employer contributions: $396,521
Participant contributions: $740,871
Total contributions: $1,198,833
Total income / additions: $4,537,946

Expenses & distributions

Benefits paid: $1,655,951
Administrative expenses: $58,442
Total expenses: $1,714,393
Net increase / (decrease): $2,823,553

Service provider compensation (Schedule C)

Reported service provider compensation
Provider	Service	Direct comp.	Indirect comp.	Year
Bankers Trust Company	NONE	$58,442	$0	2023