Americo Bancshares, Inc. Employee Stock Ownership Plan — Form 5500 plan (Americo Bancshares, 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, Americo Bancshares, Inc. Employee Stock Ownership Plan is a benefit plan reported by Americo Bancshares, Inc. under EIN 75-1797099 and plan number 002. The latest loaded filing year is 2023. The filing reports 156 participants and $1,195,622 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Americo Bancshares, Inc.
EIN
75-1797099
Plan number
002
Plan type
2
Location
Wolfforth, TX
Latest filing year
2023
Participants
156
End-of-year plan assets
$1,195,622

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023156H, C20241011095641NAL0021632481001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$1,195,622
Total liabilities (EOY)
$975
Net assets (EOY)
$1,194,647
Net assets (BOY)
$1,411,023

Income & contributions

Total contributions
$0
Total income / additions
-$98,150

Expenses & distributions

Benefits paid
$107,251
Administrative expenses
$10,975
Total expenses
$118,226
Net increase / (decrease)
-$216,376

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Financial Consulting GroupADMINISTRATOR$10,000not reported in the loaded dataset2023

Related Form 5500 pages