West Tennessee Bancshares, Inc. 401(K) Employee Stock Ownership Plan — Form 5500 plan (West Tennessee Bancshares, 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, West Tennessee Bancshares, Inc. 401(K) Employee Stock Ownership Plan is a benefit plan reported by West Tennessee Bancshares, Inc. under EIN 62-1155158 and plan number 001. The latest loaded filing year is 2023. The filing reports 129 participants and $6,690,651 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- West Tennessee Bancshares, Inc.
- EIN
- 62-1155158
- Plan number
- 001
- Plan type
- 2
- Location
- Bartlett, TN
- Latest filing year
- 2023
- Participants
- 129
- End-of-year plan assets
- $6,690,651
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 129 | H | 20241010122534NAL0020063217001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $6,690,651
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $6,690,651
- Net assets (BOY)
- $6,378,157
Income & contributions
- Employer contributions
- $95,000
- Participant contributions
- $267,013
- Total contributions
- $362,013
- Total income / additions
- $879,844
Expenses & distributions
- Benefits paid
- $564,079
- Administrative expenses
- $3,271
- Total expenses
- $567,350
- Net increase / (decrease)
- $312,494
Service provider compensation (Schedule C)
No Schedule C service provider compensation is loaded for this plan yet.