Lone Star National Bancshares-Texas, Inc Employee Stock Ownership Plan — Form 5500 plan (Lone Star National Bancshares-Texas, 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, Lone Star National Bancshares-Texas, Inc Employee Stock Ownership Plan is a benefit plan reported by Lone Star National Bancshares-Texas, Inc under EIN 74-2777101 and plan number 001. The latest loaded filing year is 2023. The filing reports 996 participants and $33,563,812 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Lone Star National Bancshares-Texas, Inc
EIN
74-2777101
Plan number
001
Plan type
2
Location
Mcallen, TX
Latest filing year
2023
Participants
996
End-of-year plan assets
$33,563,812

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023996H, C20241015131740NAL0029757841001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$33,563,812
Total liabilities (EOY)
$9,698
Net assets (EOY)
$33,554,114
Net assets (BOY)
$28,263,491

Income & contributions

Employer contributions
$679,100
Participant contributions
$1,735,471
Total contributions
$2,527,451
Total income / additions
$6,854,601

Expenses & distributions

Benefits paid
$1,441,402
Administrative expenses
$122,477
Total expenses
$1,563,978
Net increase / (decrease)
$5,290,623

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
John Hancock Life Insurance CompanyRECORDKEEPER$6,411not reported in the loaded dataset2023

Related Form 5500 pages