City Bank 401(K) Plan — Form 5500 plan (South Plains Financial, 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, City Bank 401(K) Plan is a benefit plan reported by South Plains Financial, Inc. under EIN 75-2453320 and plan number 002. The latest loaded filing year is 2023. The filing reports 856 participants and $45,243,590 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- South Plains Financial, Inc.
- EIN
- 75-2453320
- Plan number
- 002
- Plan type
- 2
- Location
- Lubbock, TX
- Latest filing year
- 2023
- Participants
- 856
- End-of-year plan assets
- $45,243,590
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 856 | H, C | 20240926160129NAL0000565555001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $45,243,590
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $45,243,590
- Net assets (BOY)
- $39,331,602
Income & contributions
- Employer contributions
- $1,782,014
- Participant contributions
- $3,336,192
- Total contributions
- $6,019,951
- Total income / additions
- $12,605,948
Expenses & distributions
- Benefits paid
- $6,310,801
- Administrative expenses
- $383,159
- Total expenses
- $6,693,960
- Net increase / (decrease)
- $5,911,988
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Atlasmark | INVESTMENT ADV | $224,595 | not reported in the loaded dataset | 2023 |
| Employee Incentive Plans, Inc. | TPA, RECORDKEEPER | $94,163 | not reported in the loaded dataset | 2023 |
| Fidelity Brokerage Services LLC | CUSTODIAN | $24,598 | not reported in the loaded dataset | 2023 |
| Carr, Riggs & Ingram, LLC | AUDIT | $17,004 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for South Plains Financial, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in TX
- 401(k) and benefit plan filings in Lubbock, TX
- Atlasmark — Schedule C compensation
- Employee Incentive Plans, Inc. — Schedule C compensation
- Fidelity Brokerage Services LLC — Schedule C compensation
- Carr, Riggs & Ingram, LLC — Schedule C compensation