First Southern Bancorp Inc 401k Plan — Form 5500 plan (First Southern Bancorp 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, First Southern Bancorp Inc 401k Plan is a benefit plan reported by First Southern Bancorp Inc under EIN 61-1129777 and plan number 001. The latest loaded filing year is 2023. The filing reports 306 participants and $35,952,738 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- First Southern Bancorp Inc
- EIN
- 61-1129777
- Plan number
- 001
- Plan type
- 2
- Location
- Stanford, KY
- Latest filing year
- 2023
- Participants
- 306
- End-of-year plan assets
- $35,952,738
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 306 | H, C | 20241015100345NAL0048755280004 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $35,952,738
- Total liabilities (EOY)
- $64,991
- Net assets (EOY)
- $35,887,747
- Net assets (BOY)
- $35,621,421
Income & contributions
- Employer contributions
- $707,453
- Participant contributions
- $950,889
- Total contributions
- $1,666,112
- Total income / additions
- $3,326,415
Expenses & distributions
- Benefits paid
- $3,044,135
- Administrative expenses
- $15,954
- Total expenses
- $3,060,089
- Net increase / (decrease)
- $266,326
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Retirement Management Services LLC | TPA | $2,100 | $11,981 | 2023 |
| Morningstar | SERVICE PROVIDER | $1,044 | $3,964 | 2023 |
| Voya Retirement Ins & Annuity | SERVICE PROVIDER | $4,347 | $0 | 2023 |