Peoplessouth Bancshares, Inc. Employee Stock Ownership Plan — Form 5500 plan (Peoplessouth 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, Peoplessouth Bancshares, Inc. Employee Stock Ownership Plan is a benefit plan reported by Peoplessouth Bancshares, Inc. under EIN 58-1928833 and plan number 003. The latest loaded filing year is 2023. The filing reports 185 participants and $3,623,218 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Peoplessouth Bancshares, Inc.
EIN
58-1928833
Plan number
003
Plan type
2
Location
Colquitt, GA
Latest filing year
2023
Participants
185
End-of-year plan assets
$3,623,218

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023185H, C20241004125128NAL0012228673001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$3,623,218
Total liabilities (EOY)
$0
Net assets (EOY)
$3,623,218
Net assets (BOY)
$3,995,368

Income & contributions

Employer contributions
$372,962
Total contributions
$372,962
Total income / additions
$598,212

Expenses & distributions

Benefits paid
$941,557
Administrative expenses
$28,805
Total expenses
$970,362
Net increase / (decrease)
-$372,150

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Argent Trust CompanyNONE$28,805not reported in the loaded dataset2023

Related Form 5500 pages