2023 Form 5500 filing — 1st Financial Bank Usa Profit Sharing Plan & 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 20240718134109NAL0012392770001) for 1st Financial Bank Usa Profit Sharing Plan & Trust, reported by 1st Financial Bank Usa under EIN 46-0133740 and plan number 001. It reports 340 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240718134109NAL0012392770001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- 1st Financial Bank Usa
- EIN
- 46-0133740
- Plan number
- 001
- Location
- Dakota Dunes, SD
- Participants
- 340
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $57,676,875
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $57,676,875
- Employer contributions
- $339,142
- Participant contributions
- $2,284,913
- Total income / additions
- $11,366,680
- Benefits paid
- $5,239,379
- Administrative expenses
- $12,243
- Total expenses
- $5,251,622
- Net increase / (decrease)
- $6,115,058
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $12,296 | $0 |