Citizens First Bank Employees' Savings & Profit Sharing Plan And Trust — Form 5500 plan (Citizens First Bank)
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 First Bank Employees' Savings & Profit Sharing Plan And Trust is a benefit plan reported by Citizens First Bank under EIN 59-3169293 and plan number 001. The latest loaded filing year is 2023. The filing reports 488 participants and $30,389,168 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Citizens First Bank
- EIN
- 59-3169293
- Plan number
- 001
- Plan type
- 2
- Location
- The Villages, FL
- Latest filing year
- 2023
- Participants
- 488
- End-of-year plan assets
- $30,389,168
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 488 | H, C | 20241002082500NAL0008031601001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $30,389,168
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $30,389,168
- Net assets (BOY)
- $24,309,833
Income & contributions
- Employer contributions
- $1,050,625
- Participant contributions
- $1,768,438
- Total contributions
- $3,401,990
- Total income / additions
- $7,917,277
Expenses & distributions
- Benefits paid
- $1,826,464
- Administrative expenses
- $11,478
- Total expenses
- $1,837,942
- Net increase / (decrease)
- $6,079,335
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Strategic Advisors, Inc. | ADVISOR | $14,860 | not reported in the loaded dataset | 2023 |
| Fidelity Investments Institutional | RECORDKEEPER | -$3,382 | $0 | 2023 |