Plan5500

Citizens Bank And Trust 401k Plan — Form 5500 plan (Citizens Bank And Trust)

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, Citizens Bank And Trust 401k Plan is a benefit plan reported by Citizens Bank And Trust under EIN 43-1994736 and plan number 001. The latest loaded filing year is 2023. The filing reports 171 participants and $11,756,680 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Citizens Bank And Trust
EIN
43-1994736
Plan number
001
Plan type
2
Location
Guntersville, AL
Latest filing year
2023
Participants
171
End-of-year plan assets
$11,756,680

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023171H, C20241008095410NAL0016423777001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$11,756,680
Total liabilities (EOY)
$0
Net assets (EOY)
$11,756,680
Net assets (BOY)
$9,742,632

Income & contributions

Employer contributions
$451,959
Participant contributions
$586,058
Total contributions
$1,838,449
Total income / additions
$3,493,908

Expenses & distributions

Benefits paid
$1,446,465
Administrative expenses
$33,395
Total expenses
$1,479,860
Net increase / (decrease)
$2,014,048

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Benefit Professionals Inc.CONTRACT ADMIN$1,875not reported in the loaded dataset2023
Empower Annuity Insurance CompanyRECORDKEEPER$1,050$02023
Empower Advisory Group LLCINVESSTMENT MANAGEMENT$73not reported in the loaded dataset2023

Related Form 5500 pages