2023 Form 5500 filing — Peoples Financial Corporation 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 20240722145541NAL0010658865001) for Peoples Financial Corporation 401(K) Profit Sharing Plan, reported by Peoples Financial Corporation under EIN 64-0709834 and plan number 004. It reports 171 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240722145541NAL0010658865001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Peoples Financial Corporation
- EIN
- 64-0709834
- Plan number
- 004
- Location
- Biloxi, MS
- Participants
- 171
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $24,931,777
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $24,931,777
- Employer contributions
- $260,538
- Participant contributions
- $523,427
- Total income / additions
- $3,349,700
- Benefits paid
- $984,734
- Administrative expenses
- $44,324
- Total expenses
- $1,029,058
- Net increase / (decrease)
- $2,320,642
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $37,801 | $0 |
| Intellicents Investment Solutions | INVESTMENT ADVISORY | $4,994 | $6 |