First Bank Of Manhattan Employees Profit Sharing Plan — Form 5500 plan (First Bank Of Manhattan)

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 Bank Of Manhattan Employees Profit Sharing Plan is a benefit plan reported by First Bank Of Manhattan under EIN 36-1426671 and plan number 001. The latest loaded filing year is 2023. The filing reports 51 participants and $8,295,483 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$8.3MPlan net assets, end of year$8,295,483
Participants51Covered participants reported
Assets / participant$162.7KComputed: assets ÷ participants$162,657 (computed)
Provider compensationNone reported
Plan sponsor
First Bank Of Manhattan
EIN
36-1426671
Plan number
001
Plan type
2
Location
Manhattan, IL
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
202351I20240520161639NAL0002753184001
Schedule I · 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)$8.3M total assets
Net assets$8.3MLiabilities$0
Money in vs. money out
Total income / additions$1.5M
Total expenses$271K
Benefits paid / distributions$272.9K
Contributions
Employer$97.3K
Participant$231.8K
Full reported line items

Net assets

Total assets (EOY)
$8,295,483
Total liabilities (EOY)
$0
Net assets (EOY)
$8,295,483
Net assets (BOY)
$7,085,497

Income & contributions

Employer contributions
$97,335
Participant contributions
$231,820
Total income / additions
$1,481,012

Expenses & distributions

Benefits paid
$272,941
Administrative expenses
-$1,915
Total expenses
$271,026
Net increase / (decrease)
$1,209,986
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 30%Participant 70%
Total expenses ÷ net assets3%Computed ratio
Benefits paid ÷ total income18%Computed ratio

Service provider compensation (Schedule C)

No Schedule C service provider compensation is loaded for this plan yet.

Related Form 5500 pages