Who sponsors the Peoples Financial Corporation 401(K) Profit Sharing Plan?

Peoples Financial Corporation 401(K) Profit Sharing Plan is reported as sponsored by Peoples Financial Corporation (EIN 64-0709834, plan number 004) in public Form 5500 filings.

What is the most recent Form 5500 filing year for Peoples Financial Corporation 401(K) Profit Sharing Plan?

The latest Form 5500 filing year loaded for Peoples Financial Corporation 401(K) Profit Sharing Plan is 2023.

How many participants does Peoples Financial Corporation 401(K) Profit Sharing Plan report?

Peoples Financial Corporation 401(K) Profit Sharing Plan reports 171 participants in its latest loaded Form 5500 filing.

What are the reported plan assets for Peoples Financial Corporation 401(K) Profit Sharing Plan?

Peoples Financial Corporation 401(K) Profit Sharing Plan reports $24,931,777 in end-of-year plan assets in its latest loaded Form 5500 filing.

Peoples Financial Corporation 401(K) Profit Sharing Plan — Form 5500 plan (Peoples Financial Corporation)

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, Peoples Financial Corporation 401(K) Profit Sharing Plan is a benefit plan reported by Peoples Financial Corporation under EIN 64-0709834 and plan number 004. The latest loaded filing year is 2023. The filing reports 171 participants and $24,931,777 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$24.9MPlan net assets, end of year$24,931,777

Participants171Covered participants reported

Assets / participant$145.8KComputed: assets ÷ participants$145,800 (computed)

Provider compensation$42.8K2 Schedule C provider row(s)$42,801

Plan sponsor: Peoples Financial Corporation
EIN: 64-0709834
Plan number: 004
Plan type: 2
Location: Biloxi, MS
Latest filing year: 2023

Form 5500 filing history

Filings loaded for this plan
Filing year	Participants	Schedules	Filing
2023	171	H, C	20240722145541NAL0010658865001

Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$24.9M total assets

Net assets$24.9MLiabilities$0

Money in vs. money out

Total income / additions$3.3M

Total expenses$1M

Benefits paid / distributions$984.7K

Contributions

Employer$260.5K

Participant$523.4K

Full reported line items

Net assets

Total assets (EOY): $24,931,777
Total liabilities (EOY): $0
Net assets (EOY): $24,931,777
Net assets (BOY): $22,611,135

Income & contributions

Employer contributions: $260,538
Participant contributions: $523,427
Total contributions: $789,887
Total income / additions: $3,349,700

Expenses & distributions

Benefits paid: $984,734
Administrative expenses: $44,324
Total expenses: $1,029,058
Net increase / (decrease): $2,320,642

Service provider compensation (Schedule C)

Reported service provider compensation
Provider	Service	Direct comp.	Indirect comp.	Year
Principal Life Insurance Company	CONTRACT ADMINISTRATOR	$37,801	$0	2023
Intellicents Investment Solutions	INVESTMENT ADVISORY	$4,994	$6	2023