The Peoples Bank Employee Stock Ownership Plan — Form 5500 plan (Golden Oaks Bancshares, Inc.)

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 Peoples Bank Employee Stock Ownership Plan is a benefit plan reported by Golden Oaks Bancshares, Inc. under EIN 71-0583260 and plan number 001. The latest loaded filing year is 2023. The filing reports 82 participants and $2,352,536 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)-$382.4KPlan net assets, end of year-$382,428
Participants82Covered participants reported
Assets / participant$28.7KComputed: assets ÷ participants$28,689 (computed)
Provider compensationNone reported
Plan sponsor
Golden Oaks Bancshares, Inc.
EIN
71-0583260
Plan number
001
Plan type
2
Location
Magnolia, AR
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
202382I20241015140803NAL0056571346001
Schedule I · 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)$2.4M total assets
Net assets-$382.4KLiabilities$2.7M
Money in vs. money out
Total income / additions-$297.4K
Total expenses$85K
Benefits paid / distributionsNot reported
Contributions
Employer$76.7K
ParticipantNot reported
Full reported line items

Net assets

Total assets (EOY)
$2,352,536
Total liabilities (EOY)
$2,734,964
Net assets (EOY)
-$382,428
Net assets (BOY)
$0

Income & contributions

Employer contributions
$76,695
Total income / additions
-$297,423

Expenses & distributions

Total expenses
$85,005
Net increase / (decrease)
-$382,428

Service provider compensation (Schedule C)

No Schedule C service provider compensation is loaded for this plan yet.

Related Form 5500 pages