First Neighborhood Bancshares, Inc. Employee Stock Ownership Plan — Form 5500 plan (First Neighborhood Bancshares, 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, First Neighborhood Bancshares, Inc. Employee Stock Ownership Plan is a benefit plan reported by First Neighborhood Bancshares, Inc. under EIN 37-1271125 and plan number 002. The latest loaded filing year is 2023. The filing reports 127 participants and $21,973,410 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
First Neighborhood Bancshares, Inc.
EIN
37-1271125
Plan number
002
Plan type
2
Location
Toledo, IL
Latest filing year
2023
Participants
127
End-of-year plan assets
$21,973,410

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023127H, C20241015092909NAL0016059107001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$21,973,410
Total liabilities (EOY)
$3,426,073
Net assets (EOY)
$18,547,337
Net assets (BOY)
$17,505,786

Income & contributions

Employer contributions
$700,000
Total contributions
$700,000
Total income / additions
$2,046,412

Expenses & distributions

Benefits paid
$654,897
Administrative expenses
$36,663
Total expenses
$1,004,861
Net increase / (decrease)
$1,041,551

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Ti Trust, IncTRUSTEE$36,663not reported in the loaded dataset2023

Related Form 5500 pages