Citizens National Bank Of Texas Employee Savings Plan — Form 5500 plan (Citizens National Bank Of Texas)
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, Citizens National Bank Of Texas Employee Savings Plan is a benefit plan reported by Citizens National Bank Of Texas under EIN 75-0187771 and plan number 003. The latest loaded filing year is 2023. The filing reports 253 participants and $29,763,609 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Citizens National Bank Of Texas
- EIN
- 75-0187771
- Plan number
- 003
- Plan type
- 2
- Location
- Waxahachie, TX
- Latest filing year
- 2023
- Participants
- 253
- End-of-year plan assets
- $29,763,609
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 253 | H, C | 20240930112835NAL0003203363001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $29,763,609
- Total liabilities (EOY)
- $15,035
- Net assets (EOY)
- $29,748,574
- Net assets (BOY)
- $30,684,480
Income & contributions
- Employer contributions
- $555,495
- Participant contributions
- $1,497,836
- Total contributions
- $2,093,391
- Total income / additions
- $3,453,352
Expenses & distributions
- Benefits paid
- $4,293,934
- Administrative expenses
- $80,289
- Total expenses
- $4,389,258
- Net increase / (decrease)
- -$935,906
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $53,809 | $0 | 2023 |
| Commerce Street Investment Advisors | INVESTMENT ADVISORY | $26,480 | $5 | 2023 |