Gulf Coast Bank Retirement Plan — Form 5500 plan (Gulf Coast 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, Gulf Coast Bank Retirement Plan is a benefit plan reported by Gulf Coast Bank under EIN 72-0695783 and plan number 001. The latest loaded filing year is 2023. The filing reports 129 participants and $19,866,942 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Gulf Coast Bank
- EIN
- 72-0695783
- Plan number
- 001
- Plan type
- 2
- Location
- Abbeville, LA
- Latest filing year
- 2023
- Participants
- 129
- End-of-year plan assets
- $19,866,942
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 129 | H, C | 20240930115748NAL0005503553001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $19,866,942
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $19,866,942
- Net assets (BOY)
- $17,809,670
Income & contributions
- Employer contributions
- $507,279
- Participant contributions
- $458,418
- Total contributions
- $992,897
- Total income / additions
- $3,569,669
Expenses & distributions
- Benefits paid
- $1,508,680
- Administrative expenses
- $3,717
- Total expenses
- $1,512,397
- Net increase / (decrease)
- $2,057,272
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Empower Advisory Group, LLC | INVESTMENT MGMT | $3,717 | not reported in the loaded dataset | 2023 |
| Empower Annuity Insurance Company O | RECORDKEEPER | $0 | $0 | 2023 |