Legends Bank 401-K Plan — Form 5500 plan (Legends 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, Legends Bank 401-K Plan is a benefit plan reported by Legends Bank under EIN 62-1734402 and plan number 001. The latest loaded filing year is 2023. The filing reports 150 participants and $12,623,942 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Legends Bank
- EIN
- 62-1734402
- Plan number
- 001
- Plan type
- 2
- Location
- Clarksville, TN
- Latest filing year
- 2023
- Participants
- 150
- End-of-year plan assets
- $12,623,942
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 150 | H, C | 20240730172411NAL0013673043001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $12,623,942
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $12,623,942
- Net assets (BOY)
- $10,184,326
Income & contributions
- Employer contributions
- $406,495
- Participant contributions
- $604,714
- Total contributions
- $1,037,055
- Total income / additions
- $2,992,550
Expenses & distributions
- Benefits paid
- $551,309
- Administrative expenses
- $1,625
- Total expenses
- $552,934
- Net increase / (decrease)
- $2,439,616
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Lpl Financial LLC | ADVISOR | $0 | $45,381 | 2023 |
| Fidelity Investments Institutional | RECORDKEEPER | $1,625 | $0 | 2023 |