2023 Form 5500 filing — Old Second Bancorp, Inc. Employees' 401(K) Savings 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 20240719144922NAL0007378481001) for Old Second Bancorp, Inc. Employees' 401(K) Savings Plan & Trust, reported by Old Second Bancorp, Inc. under EIN 36-3143493 and plan number 003. It reports 1,031 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240719144922NAL0007378481001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Old Second Bancorp, Inc.
- EIN
- 36-3143493
- Plan number
- 003
- Location
- Aurora, IL
- Participants
- 1,031
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $88,984,579
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $88,984,579
- Employer contributions
- $2,156,167
- Participant contributions
- $4,502,873
- Total income / additions
- $21,942,327
- Benefits paid
- $8,754,200
- Administrative expenses
- $34,608
- Total expenses
- $8,788,808
- Net increase / (decrease)
- $13,153,519
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Charles Schwab Trust Bank | NONE | $0 | $26,178 |
| Retirement Direct, LLC | NONE | $25,620 | not reported in the loaded dataset |
| Epic Retirement Plan Services | NONE | $8,989 | $0 |
| Charles Schwab & Co., Inc. | NONE | $0 | $0 |