Five Points Bank 401(K) Plan — Form 5500 plan (Five Points Bank)
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, Five Points Bank 401(K) Plan is a benefit plan reported by Five Points Bank under EIN 47-0803224 and plan number 001. The latest loaded filing year is 2023. The filing reports 263 participants and $31,200,871 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Five Points Bank
- EIN
- 47-0803224
- Plan number
- 001
- Plan type
- 2
- Location
- Grand Island, NE
- Latest filing year
- 2023
- Participants
- 263
- End-of-year plan assets
- $31,200,871
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 263 | H, C | 20240724120137NAL0008122995001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $31,200,871
- Total liabilities (EOY)
- $18,933
- Net assets (EOY)
- $31,181,938
- Net assets (BOY)
- $26,860,048
Income & contributions
- Employer contributions
- $739,965
- Participant contributions
- $1,388,109
- Total contributions
- $2,329,156
- Total income / additions
- $6,901,892
Expenses & distributions
- Benefits paid
- $2,507,724
- Administrative expenses
- $72,278
- Total expenses
- $2,580,002
- Net increase / (decrease)
- $4,321,890
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Creative Planning LLC | INVESTMENT ADVISOR | $41,338 | not reported in the loaded dataset | 2023 |
| Empower Annuity Insurance Company O | RECORDKEEPER | $30,940 | $0 | 2023 |