Plan5500

Hometrust Bank Ksop Plan — Form 5500 plan (Hometrust Bancshares, 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, Hometrust Bank Ksop Plan is a benefit plan reported by Hometrust Bancshares, Inc. under EIN 56-0181785 and plan number 002. The latest loaded filing year is 2023. The filing reports 1,017 participants and $78,495,581 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Hometrust Bancshares, Inc.
EIN
56-0181785
Plan number
002
Plan type
2
Location
Asheville, NC
Latest filing year
2023
Participants
1,017
End-of-year plan assets
$78,495,581

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20231,017H, C20240719094659NAL0004248083001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$78,495,581
Total liabilities (EOY)
$5,093,544
Net assets (EOY)
$73,402,037
Net assets (BOY)
$61,281,351

Income & contributions

Employer contributions
$1,546,774
Participant contributions
$3,401,890
Total contributions
$6,543,340
Total income / additions
$17,211,729

Expenses & distributions

Benefits paid
$4,802,523
Administrative expenses
$171,566
Total expenses
$5,091,043
Net increase / (decrease)
$12,120,686

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$170,013$02023
Capfinancial PartnersINVESTMENT ADVISORY$1,554$71,7502023
Morningstar Investment Management LINV ADV, PARTICIPANTS$0$02023

Related Form 5500 pages