Associates' Savings Plan — Form 5500 plan (Bankers Financial Corporation)
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, Associates' Savings Plan is a benefit plan reported by Bankers Financial Corporation under EIN 59-2318812 and plan number 333. The latest loaded filing year is 2023. The filing reports 772 participants and $49,732,180 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Bankers Financial Corporation
- EIN
- 59-2318812
- Plan number
- 333
- Plan type
- 2
- Location
- St. Petersburg, FL
- Latest filing year
- 2023
- Participants
- 772
- End-of-year plan assets
- $49,732,180
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 772 | H, C | 20250211092424NAL0033787328001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $49,732,180
- Total liabilities (EOY)
- $1,744
- Net assets (EOY)
- $49,730,436
- Net assets (BOY)
- $43,911,815
Income & contributions
- Employer contributions
- $1,093,796
- Participant contributions
- $2,950,104
- Total contributions
- $4,850,194
- Total income / additions
- $11,738,694
Expenses & distributions
- Benefits paid
- $5,829,951
- Administrative expenses
- $90,122
- Total expenses
- $5,920,073
- Net increase / (decrease)
- $5,818,621
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Ameritas Life Insurance Corp | NONE | $49,359 | not reported in the loaded dataset | 2023 |
| Bks Financial Investments LLC | NONE | $22,500 | not reported in the loaded dataset | 2023 |
| Charles Schwab Bank | NONE | $8,848 | $0 | 2023 |
| Assurance Dimensions | NONE | $7,500 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Bankers Financial Corporation
- 2023 Form 5500 filing
- Form 5500 filings in FL
- 401(k) and benefit plan filings in St. Petersburg, FL
- Ameritas Life Insurance Corp — Schedule C compensation
- Bks Financial Investments LLC — Schedule C compensation
- Charles Schwab Bank — Schedule C compensation
- Assurance Dimensions — Schedule C compensation