Peoples Bank 401k And Esop Plan — Form 5500 plan (Peoples 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, Peoples Bank 401k And Esop Plan is a benefit plan reported by Peoples Bank under EIN 75-1254812 and plan number 001. The latest loaded filing year is 2023. The filing reports 144 participants and $21,239,481 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Peoples Bank
- EIN
- 75-1254812
- Plan number
- 001
- Plan type
- 2
- Location
- Lubbock, TX
- Latest filing year
- 2023
- Participants
- 144
- End-of-year plan assets
- $21,239,481
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 144 | H, C | 20250813085301NAL0004782531001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $21,239,481
- Net assets (EOY)
- $21,239,481
- Net assets (BOY)
- $18,576,846
Income & contributions
- Employer contributions
- $584,645
- Participant contributions
- $543,291
- Total contributions
- $1,459,961
- Total income / additions
- $3,282,875
Expenses & distributions
- Benefits paid
- $531,278
- Administrative expenses
- $88,962
- Total expenses
- $620,240
- Net increase / (decrease)
- $2,662,635
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Leverage Retirement, Inc. | NONE | $44,339 | not reported in the loaded dataset | 2023 |
| Huselton Morgan & Maultsby | NONE | $23,500 | not reported in the loaded dataset | 2023 |
| First Financial Trust & Asset Mgmt | NONE | $16,872 | not reported in the loaded dataset | 2023 |