Orion Bancorporation, Inc. Retirement Savings Plan — Form 5500 plan (Orion Bancorporation, Inc.)
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, Orion Bancorporation, Inc. Retirement Savings Plan is a benefit plan reported by Orion Bancorporation, Inc. under EIN 36-3275237 and plan number 002. The latest loaded filing year is 2023. The filing reports 128 participants and $10,047,938 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$10MPlan net assets, end of year$10,047,938
Participants128Covered participants reported
Assets / participant$78.5KComputed: assets ÷ participants$78,500 (computed)
Provider compensation$35.7K2 Schedule C provider row(s)$35,662
- Plan sponsor
- Orion Bancorporation, Inc.
- EIN
- 36-3275237
- Plan number
- 002
- Plan type
- 2
- Location
- Orion, IL
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 128 | H, C | 20241015105406NAL0014435539001 |
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)$10M total assets
Net assets$10MLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $10,047,938
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $10,047,938
- Net assets (BOY)
- $8,622,404
Income & contributions
- Employer contributions
- $452,829
- Participant contributions
- $479,927
- Total contributions
- $998,803
- Total income / additions
- $2,267,489
Expenses & distributions
- Benefits paid
- $806,293
- Administrative expenses
- $35,662
- Total expenses
- $841,955
- Net increase / (decrease)
- $1,425,534
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.
49%51%
Employer 49%Participant 51%
Total expenses ÷ net assets8%Computed ratio
Benefits paid ÷ total income36%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Spectrum Investment Advisors Inc | INVESTMENT ADVISOR | $27,176 | not reported in the loaded dataset | 2023 |
| Empower Annuity Insurance Company | RECORDKEEPER | $8,486 | $0 | 2023 |