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, The Northpointe Bancshares, Inc. Employee Stock Ownership Plan is a benefit plan reported by Northpointe Bank under EIN 38-3448372 and plan number 001. The latest loaded filing year is 2023. The filing reports 1,427 participants and $63,469,694 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $63,469,694
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $63,469,694
- Net assets (BOY)
- $59,677,805
Income & contributions
- Employer contributions
- $2,222,626
- Participant contributions
- $4,718,056
- Total contributions
- $7,278,422
- Total income / additions
- $13,737,398
Expenses & distributions
- Benefits paid
- $9,200,080
- Administrative expenses
- $313,370
- Total expenses
- $9,945,509
- Net increase / (decrease)
- $3,791,889