2023 Form 5500 filing — United Security Bank Cash Or Deferred 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 20240717172043NAL0002781891001) for United Security Bank Cash Or Deferred Stock Ownership Plan, reported by United Security Bank under EIN 77-0103429 and plan number 002. It reports 193 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240717172043NAL0002781891001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- United Security Bank
- EIN
- 77-0103429
- Plan number
- 002
- Location
- Fresno, CA
- Participants
- 193
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $10,998,197
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $10,998,197
- Employer contributions
- $280,573
- Participant contributions
- $540,331
- Total income / additions
- $2,461,672
- Benefits paid
- $826,097
- Administrative expenses
- $41,315
- Total expenses
- $867,412
- Net increase / (decrease)
- $1,594,260
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Nationwide | RECORDKEEPER | $37,785 | $0 |
| Nexus Administrators, Inc. | TPA | $3,525 | $4,188 |