The Citizens National Bank Of Meridian 401(K) Profit Sharing Plan — Form 5500 plan (The Citizens National Bank Of Meridian)
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, The Citizens National Bank Of Meridian 401(K) Profit Sharing Plan is a benefit plan reported by The Citizens National Bank Of Meridian under EIN 64-0134521 and plan number 002. The latest loaded filing year is 2023. The filing reports 413 participants and $33,788,693 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- The Citizens National Bank Of Meridian
- EIN
- 64-0134521
- Plan number
- 002
- Plan type
- 2
- Location
- Meridian, MS
- Latest filing year
- 2023
- Participants
- 413
- End-of-year plan assets
- $33,788,693
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 413 | H, C | 20241008104241NAL0009559235001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $33,788,693
- Total liabilities (EOY)
- $49
- Net assets (EOY)
- $33,788,644
- Net assets (BOY)
- $29,210,345
Income & contributions
- Employer contributions
- $830,293
- Participant contributions
- $1,544,715
- Total contributions
- $2,577,856
- Total income / additions
- $7,200,137
Expenses & distributions
- Benefits paid
- $2,526,520
- Administrative expenses
- $76,985
- Total expenses
- $2,621,838
- Net increase / (decrease)
- $4,578,299
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| John Hancock Life Insurance Company | RECORDKEEPER | $51,007 | not reported in the loaded dataset | 2023 |
| Corpfinancial | TPA | $23,795 | not reported in the loaded dataset | 2023 |