Olney Bancshares Of Texas, Inc. Employees 401(K) Retirement Plan And Trust — Form 5500 plan (Olney Bancshares Of 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, Olney Bancshares Of Texas, Inc. Employees 401(K) Retirement Plan And Trust is a benefit plan reported by Olney Bancshares Of Texas, Inc. under EIN 75-2534536 and plan number 001. The latest loaded filing year is 2023. The filing reports 603 participants and $44,299,301 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Olney Bancshares Of Texas, Inc.
- EIN
- 75-2534536
- Plan number
- 001
- Plan type
- 2
- Location
- Olney, TX
- Latest filing year
- 2023
- Participants
- 603
- End-of-year plan assets
- $44,299,301
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 603 | H, C | 20240812162200NAL0009674481001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $44,299,301
- Total liabilities (EOY)
- $66,745
- Net assets (EOY)
- $44,232,556
- Net assets (BOY)
- $36,908,304
Income & contributions
- Employer contributions
- $2,064,770
- Participant contributions
- $2,647,814
- Total contributions
- $5,222,921
- Total income / additions
- $10,457,406
Expenses & distributions
- Benefits paid
- $2,996,134
- Administrative expenses
- $137,020
- Total expenses
- $3,133,154
- Net increase / (decrease)
- $7,324,252
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Empower Annuity Insurance Company O | RECORDKEEPER | $54,379 | $0 | 2023 |
| Exencial Wealth Advisors LLC | INVESTMENT ADVISOR | $45,000 | not reported in the loaded dataset | 2023 |
| Hogantaylor Llp | AUDITOR | $20,100 | not reported in the loaded dataset | 2023 |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $18,820 | not reported in the loaded dataset | 2023 |
| Bkd Llp | AUDITOR | $3,675 | not reported in the loaded dataset | 2023 |
| Mcafee & Taft | ATTORNEY | $609 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Olney Bancshares Of Texas, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in TX
- 401(k) and benefit plan filings in Olney, TX
- Empower Annuity Insurance Company O — Schedule C compensation
- Exencial Wealth Advisors LLC — Schedule C compensation
- Hogantaylor Llp — Schedule C compensation
- Empower Advisory Group, LLC — Schedule C compensation
- Bkd Llp — Schedule C compensation
- Mcafee & Taft — Schedule C compensation