Central Bank 401k Profit Sharing Plan — Form 5500 plan (Central 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, Central Bank 401k Profit Sharing Plan is a benefit plan reported by Central Bank under EIN 87-0271990 and plan number 001. The latest loaded filing year is 2023. The filing reports 349 participants and $54,659,777 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Central Bank
- EIN
- 87-0271990
- Plan number
- 001
- Plan type
- 2
- Location
- Provo, UT
- Latest filing year
- 2023
- Participants
- 349
- End-of-year plan assets
- $54,659,777
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 349 | H, C | 20240925153312NAL0008465411001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $54,659,777
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $54,659,777
- Net assets (BOY)
- $52,293,527
Income & contributions
- Employer contributions
- $1,291,373
- Participant contributions
- $1,284,984
- Total contributions
- $3,494,733
- Total income / additions
- $6,668,266
Expenses & distributions
- Benefits paid
- $4,285,935
- Administrative expenses
- $16,081
- Total expenses
- $4,302,016
- Net increase / (decrease)
- $2,366,250
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Pcs Retirement | N/A | $16,079 | not reported in the loaded dataset | 2023 |