2023 Form 5500 filing — Traditions Bancshares, Inc. Employee Stock Ownership 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 20240523170148NAL0005621985001) for Traditions Bancshares, Inc. Employee Stock Ownership Plan, reported by Traditions Bancshares, Inc. under EIN 03-0487826 and plan number 001. It reports 92 participants. Attached schedules in the loaded dataset include Schedule I (small plan financials).
- EFAST2 acknowledgement
- 20240523170148NAL0005621985001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Traditions Bancshares, Inc.
- EIN
- 03-0487826
- Plan number
- 001
- Location
- Cullman, AL
- Participants
- 92
- Schedules available
- Schedule I
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $10,658,888
- Total liabilities (EOY)
- $15
- Net assets (EOY)
- $10,658,873
- Employer contributions
- $906,834
- Total income / additions
- $1,854,064
- Benefits paid
- $306,834
- Total expenses
- $306,834
- Net increase / (decrease)
- $1,547,230
- Schedule source
- Schedule I