Pioneer Bank 401(K) Plan — Form 5500 plan (Pioneer 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, Pioneer Bank 401(K) Plan is a benefit plan reported by Pioneer Bank under EIN 85-0065555 and plan number 004. The latest loaded filing year is 2023. The filing reports 271 participants and $5,982,860 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Pioneer Bank
- EIN
- 85-0065555
- Plan number
- 004
- Plan type
- 2
- Location
- Roswell, NM
- Latest filing year
- 2023
- Participants
- 271
- End-of-year plan assets
- $5,982,860
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 271 | H, C | 20241008110809NAL0017440689001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $5,982,860
- Total liabilities (EOY)
- $2,221
- Net assets (EOY)
- $5,980,639
- Net assets (BOY)
- $5,729,248
Income & contributions
- Employer contributions
- $267
- Participant contributions
- $473,330
- Total contributions
- $572,540
- Total income / additions
- $1,425,123
Expenses & distributions
- Benefits paid
- $1,128,148
- Administrative expenses
- $28,491
- Total expenses
- $1,173,732
- Net increase / (decrease)
- $251,391
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Ubs Financial Services, Inc. | FINANCIAL ADVISOR | $24,089 | not reported in the loaded dataset | 2023 |
| Matrix Trust Company | RECORDKEEPER | $0 | not reported in the loaded dataset | 2023 |