Cadence 401(K) Profit-Sharing Plan — Form 5500 plan (Cadence 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, Cadence 401(K) Profit-Sharing Plan is a benefit plan reported by Cadence Bank under EIN 64-0117230 and plan number 002. The latest loaded filing year is 2023. The filing reports 8,834 participants and $797,339,076 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Cadence Bank
EIN
64-0117230
Plan number
002
Plan type
2
Location
Tupelo, MS
Latest filing year
2023
Participants
8,834
End-of-year plan assets
$797,339,076

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20238,834H, C20241015092304NAL0014304611001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$797,339,076
Total liabilities (EOY)
$0
Net assets (EOY)
$797,339,076
Net assets (BOY)
$717,418,669

Income & contributions

Employer contributions
$25,260,259
Participant contributions
$40,950,518
Total contributions
$71,380,647
Total income / additions
$203,870,520

Expenses & distributions

Benefits paid
$124,120,135
Administrative expenses
-$217,114
Total expenses
$123,950,113
Net increase / (decrease)
$79,920,407

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Strategic Advisors, Inc.ADVISOR$150,175not reported in the loaded dataset2023
Fidelity Investments InstitutionalRECORDKEEPER-$367,127$02023

Related Form 5500 pages