Visionbank 401(K) Plan — Form 5500 plan (Visionbank)
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, Visionbank 401(K) Plan is a benefit plan reported by Visionbank under EIN 42-0183300 and plan number 001. The latest loaded filing year is 2023. The filing reports 164 participants and $10,132,509 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Visionbank
- EIN
- 42-0183300
- Plan number
- 001
- Plan type
- 2
- Location
- Boone, IA
- Latest filing year
- 2023
- Participants
- 164
- End-of-year plan assets
- $10,132,509
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 164 | H, C | 20240927132036NAL0003747648001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $10,132,509
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $10,132,509
- Net assets (BOY)
- $8,882,967
Income & contributions
- Employer contributions
- $260,971
- Participant contributions
- $791,727
- Total contributions
- $1,284,071
- Total income / additions
- $2,825,805
Expenses & distributions
- Benefits paid
- $1,521,487
- Administrative expenses
- $41,065
- Total expenses
- $1,576,263
- Net increase / (decrease)
- $1,249,542
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Empower Annuity Insurance Company O | RECORDKEEPER | $40,927 | $0 | 2023 |
| Lpl Financial LLC | BROKER/ADVISER | $0 | $26,013 | 2023 |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $138 | not reported in the loaded dataset | 2023 |