Blackhawk Bank & Trust Employees' Profit Sharing & 401(K) Plan — Form 5500 plan (Blackhawk Bank & Trust)
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, Blackhawk Bank & Trust Employees' Profit Sharing & 401(K) Plan is a benefit plan reported by Blackhawk Bank & Trust under EIN 36-2463577 and plan number 001. The latest loaded filing year is 2023. The filing reports 282 participants and $34,041,714 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$34MPlan net assets, end of year$34,036,251
Participants282Covered participants reported
Assets / participant$120.7KComputed: assets ÷ participants$120,715 (computed)
Provider compensation$123.4K3 Schedule C provider row(s)$123,387
- Plan sponsor
- Blackhawk Bank & Trust
- EIN
- 36-2463577
- Plan number
- 001
- Plan type
- 2
- Location
- Milan, IL
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 282 | H, C | 20240813120136NAL0010548385001 |
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)$34M total assets
Net assets$34MLiabilities$5.5K
Full reported line items
Net assets
- Total assets (EOY)
- $34,041,714
- Total liabilities (EOY)
- $5,463
- Net assets (EOY)
- $34,036,251
- Net assets (BOY)
- $30,536,358
Income & contributions
- Employer contributions
- $876,900
- Participant contributions
- $193,622
- Total contributions
- $1,086,078
- Total income / additions
- $5,285,214
Expenses & distributions
- Benefits paid
- $1,711,265
- Administrative expenses
- $74,056
- Total expenses
- $1,785,321
- Net increase / (decrease)
- $3,499,893
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.
82%18%
Employer 82%Participant 18%
Total expenses ÷ net assets5%Computed ratio
Benefits paid ÷ total income32%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $74,056 | $0 | 2023 |
| Commonwealth Financial Network | INVESTMENT ADVISORY | $0 | $49,331 | 2023 |
| Wilshire Advisors LLC | INVESTMENT ADVISORY | $0 | $0 | 2023 |