Citizens Bank And Trust 401(K) Plan — Form 5500 plan (Citizens Bank & Trust)
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, Citizens Bank And Trust 401(K) Plan is a benefit plan reported by Citizens Bank & Trust under EIN 59-0193780 and plan number 001. The latest loaded filing year is 2023. The filing reports 214 participants and $13,086,318 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Citizens Bank & Trust
- EIN
- 59-0193780
- Plan number
- 001
- Plan type
- 3
- Location
- Lake Wales, FL
- Latest filing year
- 2023
- Participants
- 214
- End-of-year plan assets
- $13,086,318
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 214 | H, C | 20241001134518NAL0006865281001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $13,086,318
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $13,086,318
- Net assets (BOY)
- $10,206,549
Income & contributions
- Employer contributions
- $494,983
- Participant contributions
- $1,081,158
- Total contributions
- $1,833,903
- Total income / additions
- $3,403,102
Expenses & distributions
- Benefits paid
- $457,845
- Administrative expenses
- $65,488
- Total expenses
- $523,333
- Net increase / (decrease)
- $2,879,769
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $65,488 | $0 | 2023 |
| 401(K) Advisors Inc | INVESTMENT ADVISORY | $0 | $27,560 | 2023 |