South Louisiana Bank, Inc. Employee Savings Plan — Form 5500 plan (South Louisiana Bank, 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, South Louisiana Bank, Inc. Employee Savings Plan is a benefit plan reported by South Louisiana Bank, Inc under EIN 72-0884012 and plan number 001. The latest loaded filing year is 2023. The filing reports 142 participants and $16,000,929 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
South Louisiana Bank, Inc
EIN
72-0884012
Plan number
001
Plan type
2
Location
Houma, LA
Latest filing year
2023
Participants
142
End-of-year plan assets
$16,000,929

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023142H, C20241011111108NAL0012407987001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$16,000,929
Total liabilities (EOY)
$0
Net assets (EOY)
$16,000,929
Net assets (BOY)
$17,234,557

Income & contributions

Employer contributions
$387,053
Participant contributions
$491,441
Total contributions
$878,494
Total income / additions
$3,258,772

Expenses & distributions

Benefits paid
$4,462,438
Administrative expenses
$14,600
Total expenses
$4,492,400
Net increase / (decrease)
-$1,233,628

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Postlethwaite And NettervilleSERVICE PROVIDER$11,000not reported in the loaded dataset2023
Voya Retirement Insurance & AnnuityRECORDKEEPER$3,600$02023

Related Form 5500 pages