2023 Form 5500 filing — Heritage Southeast Bank 401(K) Profit Sharing 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 20240716134415NAL0001618531001) for Heritage Southeast Bank 401(K) Profit Sharing Plan, reported by Heritage Southeast Bank under EIN 58-0659995 and plan number 005. It reports 268 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240716134415NAL0001618531001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Heritage Southeast Bank
- EIN
- 58-0659995
- Plan number
- 005
- Location
- Hinesville, GA
- Participants
- 268
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $0
- Net assets (EOY)
- $0
- Employer contributions
- $0
- Participant contributions
- $0
- Total income / additions
- $812,970
- Benefits paid
- $18,293,646
- Administrative expenses
- $146,559
- Total expenses
- $18,440,205
- Net increase / (decrease)
- -$17,627,235
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Nationwide | NONE | $64,702 | $0 |
| Pension Financial Services, Inc. | NONE | $32,692 | $0 |