American Bank & Trust 401(K) Profit Sharing Plan — Form 5500 plan (American Bank & 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, American Bank & Trust 401(K) Profit Sharing Plan is a benefit plan reported by American Bank & Trust under EIN 46-0108140 and plan number 001. The latest loaded filing year is 2023. The filing reports 237 participants and $26,319,999 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- American Bank & Trust
- EIN
- 46-0108140
- Plan number
- 001
- Plan type
- 2
- Location
- Sioux Falls, SD
- Latest filing year
- 2023
- Participants
- 237
- End-of-year plan assets
- $26,319,999
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 237 | H, C | 20241015091912NAL0055341842001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $26,319,999
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $26,319,999
- Net assets (BOY)
- $21,480,687
Income & contributions
- Employer contributions
- $1,297,621
- Participant contributions
- $1,251,598
- Total contributions
- $3,162,297
- Total income / additions
- $6,950,858
Expenses & distributions
- Benefits paid
- $2,091,263
- Administrative expenses
- $20,283
- Total expenses
- $2,111,546
- Net increase / (decrease)
- $4,839,312
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Retirement Direct | NONE | $14,945 | not reported in the loaded dataset | 2023 |
| Epic Retirement Plan Services | NONE | $5,338 | $0 | 2023 |
| Charles Schwab & Co., Inc. | NONE | $0 | $0 | 2023 |