Bank Of Travelers Rest Employee Stock Ownership Plan (With 401(K) Provisions) — Form 5500 plan (Bank Of Travelers Rest)

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, Bank Of Travelers Rest Employee Stock Ownership Plan (With 401(K) Provisions) is a benefit plan reported by Bank Of Travelers Rest under EIN 57-0282578 and plan number 001. The latest loaded filing year is 2023. The filing reports 216 participants and $30,701,310 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$30.7MPlan net assets, end of year$30,701,310
Participants216Covered participants reported
Assets / participant$142.1KComputed: assets ÷ participants$142,136 (computed)
Provider compensation$55K1 Schedule C provider row(s)$55,028
Plan sponsor
Bank Of Travelers Rest
EIN
57-0282578
Plan number
001
Plan type
2
Location
Travelers Rest, SC
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023216H, C20240729131837NAL0018801393001
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$30.7M total assets
Net assets$30.7MLiabilities$0
Money in vs. money out
Total income / additions$4.6M
Total expenses$1.3M
Benefits paid / distributions$1.2M
Contributions
Employer$782K
Participant$526K
Full reported line items

Net assets

Total assets (EOY)
$30,701,310
Total liabilities (EOY)
$0
Net assets (EOY)
$30,701,310
Net assets (BOY)
$27,346,835

Income & contributions

Employer contributions
$781,995
Participant contributions
$526,031
Total contributions
$1,408,960
Total income / additions
$4,625,986

Expenses & distributions

Benefits paid
$1,216,483
Administrative expenses
$55,028
Total expenses
$1,271,511
Net increase / (decrease)
$3,354,475
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 60%Participant 40%
Total expenses ÷ net assets4%Computed ratio
Benefits paid ÷ total income26%Computed ratio
Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Pentegra Retirement Services, Inc.RECORDKEEPER$55,028$02023

Related Form 5500 pages