Who sponsors the The First National Bank Of South Miami 401(K) Savings Plan?

The First National Bank Of South Miami 401(K) Savings Plan is reported as sponsored by First National Bank Of South Miami (EIN 59-0675658, plan number 002) in public Form 5500 filings.

What is the most recent Form 5500 filing year for The First National Bank Of South Miami 401(K) Savings Plan?

The latest Form 5500 filing year loaded for The First National Bank Of South Miami 401(K) Savings Plan is 2023.

How many participants does The First National Bank Of South Miami 401(K) Savings Plan report?

The First National Bank Of South Miami 401(K) Savings Plan reports 141 participants in its latest loaded Form 5500 filing.

What are the reported plan assets for The First National Bank Of South Miami 401(K) Savings Plan?

The First National Bank Of South Miami 401(K) Savings Plan reports $0 in end-of-year plan assets in its latest loaded Form 5500 filing.

The First National Bank Of South Miami 401(K) Savings Plan — Form 5500 plan (First National Bank Of South Miami)

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, The First National Bank Of South Miami 401(K) Savings Plan is a benefit plan reported by First National Bank Of South Miami under EIN 59-0675658 and plan number 002. The latest loaded filing year is 2023. The filing reports 141 participants and $0 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$0Plan net assets, end of year

Participants141Covered participants reported

Assets / participant$0Computed: assets ÷ participants$0 (computed)

Provider compensation$19.5K2 Schedule C provider row(s)$19,455

Plan sponsor: First National Bank Of South Miami
EIN: 59-0675658
Plan number: 002
Plan type: 2
Location: Chicago, IL
Latest filing year: 2023

How to read this plan profile

Net assets = total assets minus total liabilities, end of year (Schedule H/I).
Assets / participant is computed (assets ÷ reported participants) — a ratio, not a filed figure.
Schedule chips (Sch H / I / C) show which schedules each filing includes.
Fields a filing did not report are labeled not reported in the loaded dataset — never estimated.
Figures are reported as filed, in whole dollars; verify against the official DOL/EBSA record before relying on them.

EFAST2 filings

Form 5500 filing history

Each loaded annual filing for this plan. Open one for its full reported snapshot.

2023
141 participants · 2Sch HSch C
View filing →

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.

Money in vs. money out

Total income / additions$2M

Total expenses$5.5M

Benefits paid / distributions$5.5M

Contributions

Employer$211.2K

Participant$425.4K

Full reported line items

Net assets

Total assets (EOY): $0
Total liabilities (EOY): $0
Net assets (EOY): $0
Net assets (BOY): $12,516,037

Income & contributions

Employer contributions: $211,164
Participant contributions: $425,386
Total contributions: $647,491
Total income / additions: $1,954,916

Expenses & distributions

Benefits paid: $5,496,303
Administrative expenses: $18,672
Total expenses: $5,514,975
Net increase / (decrease): -$3,560,059

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)

33%67%

Employer 33%Participant 67%

Benefits paid ÷ total income281%Computed ratio

Schedule C

Service provider compensation

Reported direct + indirect compensation per provider, ranked. Bars show relative scale.

1
Empower Annuity Insurance Company O$12.2K
RECORDKEEPER · Direct $12.2K · Indirect $0
2
Onedigital Investment Advisors LLC$7.2K
INVESTMENT ADVISOR · Direct $7.2K

What to inspect next

Frequently asked questions

Who sponsors the The First National Bank Of South Miami 401(K) Savings Plan?: The First National Bank Of South Miami 401(K) Savings Plan is reported as sponsored by First National Bank Of South Miami (EIN 59-0675658, plan number 002) in public Form 5500 filings.
What is the most recent Form 5500 filing year for The First National Bank Of South Miami 401(K) Savings Plan?: The latest Form 5500 filing year loaded for The First National Bank Of South Miami 401(K) Savings Plan is 2023.
How many participants does The First National Bank Of South Miami 401(K) Savings Plan report?: The First National Bank Of South Miami 401(K) Savings Plan reports 141 participants in its latest loaded Form 5500 filing.
What are the reported plan assets for The First National Bank Of South Miami 401(K) Savings Plan?: The First National Bank Of South Miami 401(K) Savings Plan reports $0 in end-of-year plan assets in its latest loaded Form 5500 filing.

Form 5500 terms, in plain English

Form 5500: The annual report most U.S. employee benefit plans file with the Department of Labor through the EFAST2 system. It documents the plan sponsor, participants, finances, and service-provider compensation.
Schedule H: The financial statement for larger plans (generally 100+ participants): assets, liabilities, net assets, income, expenses, and the net change.
Schedule I: The condensed financial statement for smaller plans, covering the same kinds of figures in less detail.
Schedule C: Reports compensation paid to the plan’s service providers — both direct and indirect.
Net assets: Total assets minus total liabilities at the end of the year — what the plan holds for participants.
Employer / participant contributions: Money contributed to the plan by the employer and by participants during the year.

Figures are reported as filed and may contain errors or omissions. Verify against the official DOL/EBSA record before relying on any value.