2023 Form 5500 filing — The Citizens Bank Profit Sharing And Savings Plan And Trust
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 20240709094902NAL0013369793001) for The Citizens Bank Profit Sharing And Savings Plan And Trust, reported by The Citizens Bank Of Philadelphia under EIN 64-0134511 and plan number 002. It reports 339 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240709094902NAL0013369793001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- The Citizens Bank Of Philadelphia
- EIN
- 64-0134511
- Plan number
- 002
- Location
- Philadelphia, MS
- Participants
- 339
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $27,906,353
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $27,906,353
- Employer contributions
- $707,508
- Participant contributions
- $1,134,076
- Total income / additions
- $6,083,466
- Benefits paid
- $2,296,857
- Administrative expenses
- $60,026
- Total expenses
- $2,356,883
- Net increase / (decrease)
- $3,726,583
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Nfp | INVESTMENT ADVISOR | $45,701 | not reported in the loaded dataset |
| Strategic Advisors, Inc. | ADVISOR | $18,623 | not reported in the loaded dataset |
| Cgc, Pllc | ACCOUNTANT/AUDITOR | $9,000 | not reported in the loaded dataset |
| Fidelity Investments Institutional | RECORDKEEPER | -$13,298 | $0 |