2023 Form 5500 filing — Third Coast Bank, Ssb 401(K) And 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 20240529122722NAL0020249008001) for Third Coast Bank, Ssb 401(K) And Employee Stock Ownership Plan, reported by Third Coast Bank, Ssb under EIN 26-2027557 and plan number 001. It reports 419 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

Form 5500 2 · 2023

Filing snapshot

Net assets (EOY)$24MReported net assets$23,997,619
Participants419
Provider compensation$114.3K2 Schedule C row(s)$114,289
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20240529122722NAL0020249008001
Plan sponsor
Third Coast Bank, Ssb
EIN
26-2027557
Plan number
001
Location
Houston, TX
Received date
not reported in the loaded dataset
Schedule H · 2023

Reported financial snapshot

Reported figures as filed, in whole dollars. Only fields the filing reports are shown.

Reported balance (end of year)$24M total assets
Net assets$24MLiabilities$0
Money in vs. money out
Total income / additions$10.8M
Total expenses$2.5M
Benefits paid / distributions$2.4M
Contributions
Employer$1.5M
Participant$3M
Full reported line items
Total assets (EOY)
$23,997,619
Total liabilities (EOY)
$0
Net assets (EOY)
$23,997,619
Employer contributions
$1,466,253
Participant contributions
$3,011,545
Total income / additions
$10,771,848
Benefits paid
$2,425,963
Administrative expenses
$68,457
Total expenses
$2,494,420
Net increase / (decrease)
$8,277,428
Schedule C

Reported service provider compensation

Compensation reported on the 2023 filing, ranked by reported total.

  1. 1
    CONTRACT ADMINISTRATOR · Direct $68.5K · Indirect $0
  2. 2
    INVESTMENT ADVISORY · Direct $0 · Indirect $45.8K

Related Form 5500 pages