2023 Form 5500 filing — First Federal Savings Bank Of Lincolnton 401(K) Plan
Plain-English filing 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, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240523092632NAL0004998705001) for First Federal Savings Bank Of Lincolnton 401(K) Plan, reported by First Federal Savings Bank Of Lincolnton under EIN 56-0499280 and plan number 002. It reports 48 participants. Attached schedules in the loaded dataset include Schedule I (small plan financials).
- EFAST2 acknowledgement
- 20240523092632NAL0004998705001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- First Federal Savings Bank Of Lincolnton
- EIN
- 56-0499280
- Plan number
- 002
- Location
- Lincolnton, NC
- Participants
- 48
- Schedules available
- Schedule I
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $8,624,424
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $8,624,424
- Employer contributions
- $174,836
- Participant contributions
- $273,912
- Total income / additions
- $1,443,195
- Benefits paid
- $1,281,852
- Administrative expenses
- $788
- Total expenses
- $1,282,640
- Net increase / (decrease)
- $160,555
- Schedule source
- Schedule I