Plan5500

West Suburban Bank 401(K) Profit Sharing Plan — Form 5500 plan (West Suburban 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, West Suburban Bank 401(K) Profit Sharing Plan is a benefit plan reported by West Suburban Bank under EIN 36-2481667 and plan number 002. The latest loaded filing year is 2023. The filing reports 482 participants and $64,246 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
West Suburban Bank
EIN
36-2481667
Plan number
002
Plan type
2
Location
Lombard, IL
Latest filing year
2023
Participants
482
End-of-year plan assets
$64,246

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023482H, C20241015084455NAL0029048241001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$64,246
Total liabilities (EOY)
$64,246
Net assets (EOY)
$0
Net assets (BOY)
$15,608,340

Income & contributions

Total contributions
$0
Total income / additions
$815,105

Expenses & distributions

Benefits paid
$16,323,388
Administrative expenses
$100,057
Total expenses
$16,423,445
Net increase / (decrease)
-$15,608,340

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Howard Simon & Associates, Inc.NONE$69,003not reported in the loaded dataset2023
Forum Financial Management, LLCNONE$28,245not reported in the loaded dataset2023
Matrix Trust CompanyNONE$2,809$02023

Related Form 5500 pages