Adams Bank & Trust 401(K) Plan — Form 5500 plan (Adams 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, Adams Bank & Trust 401(K) Plan is a benefit plan reported by Adams Bank & Trust under EIN 47-0467141 and plan number 002. The latest loaded filing year is 2023. The filing reports 261 participants and $31,080,168 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Adams Bank & Trust
EIN
47-0467141
Plan number
002
Plan type
2
Location
Ogallala, NE
Latest filing year
2023
Participants
261
End-of-year plan assets
$31,080,168

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023261H, C20241011112454NAL0038567584001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$31,080,168
Total liabilities (EOY)
$0
Net assets (EOY)
$31,080,168
Net assets (BOY)
$27,420,288

Income & contributions

Employer contributions
$562,981
Participant contributions
$1,229,047
Total contributions
$2,211,012
Total income / additions
$6,726,626

Expenses & distributions

Benefits paid
$2,920,792
Administrative expenses
$145,954
Total expenses
$3,066,746
Net increase / (decrease)
$3,659,880

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Empower Annuity Insurance Company ORECORDKEEPER$74,803$02023
Raymond James Financial ServicesINVESTMENT ADVISOR$71,151not reported in the loaded dataset2023

Related Form 5500 pages