Moody National Bank 401(K) Plan — Form 5500 plan (Moody National 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, Moody National Bank 401(K) Plan is a benefit plan reported by Moody National Bank under EIN 74-0560665 and plan number 002. The latest loaded filing year is 2023. The filing reports 257 participants and $11,949,359 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Moody National Bank
- EIN
- 74-0560665
- Plan number
- 002
- Plan type
- 2
- Location
- Galveston, TX
- Latest filing year
- 2023
- Participants
- 257
- End-of-year plan assets
- $11,949,359
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 257 | H, C | 20241007143808NAL0008968339001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $11,949,359
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $11,949,359
- Net assets (BOY)
- $9,543,410
Income & contributions
- Employer contributions
- $673,796
- Participant contributions
- $1,049,639
- Total contributions
- $1,724,451
- Total income / additions
- $3,361,721
Expenses & distributions
- Benefits paid
- $921,646
- Administrative expenses
- $20,739
- Total expenses
- $955,772
- Net increase / (decrease)
- $2,405,949
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Woodbury Financial Services Inc | SERVICE PROVIDER | $0 | $21,312 | 2023 |
| Hl& B Ham, Langston, & Brezina, Llp | SERVICE PROVIDER | $14,995 | not reported in the loaded dataset | 2023 |
| Voya Retirement Insurance & Annuity | SERVICE PROVIDER | $5,421 | $5,328 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Moody National Bank
- 2023 Form 5500 filing
- Form 5500 filings in TX
- 401(k) and benefit plan filings in Galveston, TX
- Woodbury Financial Services Inc — Schedule C compensation
- Hl& B Ham, Langston, & Brezina, Llp — Schedule C compensation
- Voya Retirement Insurance & Annuity — Schedule C compensation