2023 Form 5500 filing — Bank Of The Pacific 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 20240621151221NAL0001809715001) for Bank Of The Pacific 401(K) Plan, reported by Bank Of The Pacific under EIN 91-1069728 and plan number 002. It reports 351 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240621151221NAL0001809715001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Bank Of The Pacific
- EIN
- 91-1069728
- Plan number
- 002
- Location
- Aberdeen, WA
- Participants
- 351
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $20,230,868
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $20,230,868
- Employer contributions
- $694,005
- Participant contributions
- $1,388,627
- Total income / additions
- $4,774,000
- Benefits paid
- $3,264,463
- Administrative expenses
- $75,303
- Total expenses
- $3,339,766
- Net increase / (decrease)
- $1,434,234
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $41,887 | $0 |
| Trutina Financial | INVESTMENT ADVISORY | $33,416 | $6 |
| Clark Nuber P.S. | ACCOUNTANT | $0 | $7,000 |