Us Metro Bank 401(K) Plan — Form 5500 plan (Us Metro 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, Us Metro Bank 401(K) Plan is a benefit plan reported by Us Metro Bank under EIN 51-0579481 and plan number 001. The latest loaded filing year is 2023. The filing reports 124 participants and $9,732,103 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Us Metro Bank
- EIN
- 51-0579481
- Plan number
- 001
- Plan type
- 2
- Location
- Garden Grove, CA
- Latest filing year
- 2023
- Participants
- 124
- End-of-year plan assets
- $9,732,103
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 124 | H, C | 20241015143023NAL0058135970001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $9,732,103
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $9,732,103
- Net assets (BOY)
- $6,752,394
Income & contributions
- Employer contributions
- $702,230
- Participant contributions
- $1,270,034
- Total contributions
- $3,312,530
- Total income / additions
- $4,427,027
Expenses & distributions
- Benefits paid
- $1,415,285
- Administrative expenses
- $8,223
- Total expenses
- $1,447,318
- Net increase / (decrease)
- $2,979,709
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| American United Life Insuarnec Co | NONE | $977 | $12,947 | 2023 |
| Adp, Inc. | RECORD KEEPER | $3,852 | $0 | 2023 |