Plan5500

National Bankshares, Inc. Retirement Income Plan — Form 5500 plan (National Bankshares, Inc.)

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, National Bankshares, Inc. Retirement Income Plan is a benefit plan reported by National Bankshares, Inc. under EIN 54-1375874 and plan number 001. The latest loaded filing year is 2023. The filing reports 334 participants and $32,624,169 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
National Bankshares, Inc.
EIN
54-1375874
Plan number
001
Plan type
2
Location
Blacksburg, VA
Latest filing year
2023
Participants
334
End-of-year plan assets
$32,624,169

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023334H, C20240723133533NAL0007320899001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$32,624,169
Total liabilities (EOY)
$0
Net assets (EOY)
$32,624,169
Net assets (BOY)
$29,843,635

Income & contributions

Employer contributions
$0
Total contributions
$0
Total income / additions
$3,633,540

Expenses & distributions

Benefits paid
$824,606
Administrative expenses
$28,400
Total expenses
$853,006
Net increase / (decrease)
$2,780,534

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Sageview Consulting GroupACTUARY$28,400not reported in the loaded dataset2023

Related Form 5500 pages