Cortrust Bank 401(K) Plan — Form 5500 plan (Cortrust Bank Na)
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, Cortrust Bank 401(K) Plan is a benefit plan reported by Cortrust Bank Na under EIN 46-0159100 and plan number 005. The latest loaded filing year is 2023. The filing reports 413 participants and $27,818,076 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Cortrust Bank Na
- EIN
- 46-0159100
- Plan number
- 005
- Plan type
- 3
- Location
- Mitchell, SD
- Latest filing year
- 2023
- Participants
- 413
- End-of-year plan assets
- $27,818,076
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 413 | H, C | 20240916154402NAL0002342736001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $27,818,076
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $27,818,076
- Net assets (BOY)
- $23,104,504
Income & contributions
- Employer contributions
- $580,768
- Participant contributions
- $1,512,899
- Total contributions
- $2,439,475
- Total income / additions
- $6,333,864
Expenses & distributions
- Benefits paid
- $1,610,256
- Administrative expenses
- $10,036
- Total expenses
- $1,620,292
- Net increase / (decrease)
- $4,713,572
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Oneamerica Retiement Service LLC | NONE | $6,620 | not reported in the loaded dataset | 2023 |
| Matrix Trust Company | NONE | $0 | $0 | 2023 |