Planters Bank And Trust Company 401(K) Retirement Plan — Form 5500 plan (Planters Bank And Trust Company)

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, Planters Bank And Trust Company 401(K) Retirement Plan is a benefit plan reported by Planters Bank And Trust Company under EIN 64-0223390 and plan number 002. The latest loaded filing year is 2023. The filing reports 307 participants and $29,375,049 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Planters Bank And Trust Company
EIN
64-0223390
Plan number
002
Plan type
2
Location
Indianola, MS
Latest filing year
2023
Participants
307
End-of-year plan assets
$29,375,049

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023307H, C20241011170227NAL0011211267001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$29,375,049
Total liabilities (EOY)
$0
Net assets (EOY)
$29,375,049
Net assets (BOY)
$25,858,605

Income & contributions

Employer contributions
$613,788
Participant contributions
$1,177,572
Total contributions
$1,874,635
Total income / additions
$6,828,928

Expenses & distributions

Benefits paid
$3,243,229
Administrative expenses
$69,255
Total expenses
$3,312,484
Net increase / (decrease)
$3,516,444

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Raymond James Financial Services AdSERVICE PROVIDER$0$36,4242023
Erisa Specialists/ Benefits ProfessTHIRD PARTY ADMINISTRATO$21,315not reported in the loaded dataset2023

Related Form 5500 pages