Hills Bank And Trust Co 401(K) Profit Sharing Plan — Form 5500 plan (Hills Bank And Trust Company)
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, Hills Bank And Trust Co 401(K) Profit Sharing Plan is a benefit plan reported by Hills Bank And Trust Company under EIN 42-0310580 and plan number 002. The latest loaded filing year is 2023. The filing reports 732 participants and $73,474,178 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Hills Bank And Trust Company
- EIN
- 42-0310580
- Plan number
- 002
- Plan type
- 2
- Location
- North Liberty, IA
- Latest filing year
- 2023
- Participants
- 732
- End-of-year plan assets
- $73,474,178
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 732 | H, C | 20240729113012NAL0031911056007 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $73,474,178
- Net assets (EOY)
- $73,474,178
- Net assets (BOY)
- $60,359,154
Income & contributions
- Employer contributions
- $1,686,176
- Participant contributions
- $2,271,964
- Total contributions
- $3,958,140
- Total income / additions
- $16,630,060
Expenses & distributions
- Benefits paid
- $3,505,236
- Administrative expenses
- $9,800
- Total expenses
- $3,515,036
- Net increase / (decrease)
- $13,115,024
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Bghn Associates, P.C. | AUDITOR | $9,800 | not reported in the loaded dataset | 2023 |