F & M Bancshares, Inc. Savings Incentive Plan — Form 5500 plan (F & M 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, F & M Bancshares, Inc. Savings Incentive Plan is a benefit plan reported by F & M Bancshares, Inc. under EIN 73-0956567 and plan number 002. The latest loaded filing year is 2023. The filing reports 137 participants and $10,803,682 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- F & M Bancshares, Inc.
- EIN
- 73-0956567
- Plan number
- 002
- Plan type
- 2
- Location
- Oklahoma City, OK
- Latest filing year
- 2023
- Participants
- 137
- End-of-year plan assets
- $10,803,682
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 137 | H, C | 20250606105200NAL0009875923001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $10,803,682
- Net assets (EOY)
- $10,803,682
- Net assets (BOY)
- $9,247,898
Income & contributions
- Employer contributions
- $346,763
- Participant contributions
- $451,728
- Total contributions
- $798,491
- Total income / additions
- $2,127,880
Expenses & distributions
- Benefits paid
- $463,945
- Administrative expenses
- $108,151
- Total expenses
- $572,096
- Net increase / (decrease)
- $1,555,784
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Meeder Investment Management | INVESTMENT ADVISOR | $38,262 | not reported in the loaded dataset | 2023 |
| Osaic Wealth Inc | INVESTMENT ADVISOR | $19,224 | not reported in the loaded dataset | 2023 |
| Nationwide | RECORDKEEPER | $18,282 | not reported in the loaded dataset | 2023 |
| Royal Alliance Associates Inc | INVESTMENT ADVISOR | $18,136 | not reported in the loaded dataset | 2023 |
| Pension Solutions, Inc | TPA | $12,228 | not reported in the loaded dataset | 2023 |
| Leafhouse Financial Advisors LLC | INVESTMENT ADVISOR | $2,020 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for F & M Bancshares, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in OK
- 401(k) and benefit plan filings in Oklahoma City, OK
- Meeder Investment Management — Schedule C compensation
- Osaic Wealth Inc — Schedule C compensation
- Nationwide — Schedule C compensation
- Royal Alliance Associates Inc — Schedule C compensation
- Pension Solutions, Inc — Schedule C compensation
- Leafhouse Financial Advisors LLC — Schedule C compensation