Vast Bank 401(K) Plan — Form 5500 plan (Vast 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, Vast Bank 401(K) Plan is a benefit plan reported by Vast Bank under EIN 73-1139790 and plan number 001. The latest loaded filing year is 2023. The filing reports 149 participants and $6,894,467 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Vast Bank
- EIN
- 73-1139790
- Plan number
- 001
- Plan type
- 2
- Location
- Tulsa, OK
- Latest filing year
- 2023
- Participants
- 149
- End-of-year plan assets
- $6,894,467
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 149 | H, C | 20241014165435NAL0027911329001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $6,894,467
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $6,894,467
- Net assets (BOY)
- $5,898,203
Income & contributions
- Employer contributions
- $404,730
- Participant contributions
- $731,707
- Total contributions
- $1,316,870
- Total income / additions
- $2,336,209
Expenses & distributions
- Benefits paid
- $1,073,834
- Administrative expenses
- $25,860
- Total expenses
- $1,101,357
- Net increase / (decrease)
- $1,234,852
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Newport Group, Inc. | RECORDKEEPER | $14,001 | $0 | 2023 |
| Beasley & Company | CONSULTANT | $8,742 | not reported in the loaded dataset | 2023 |