2023 Form 5500 filing — Guaranty Bancshares, Inc. Esop W/401(K) Provisions
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 20240731092601NAL0033630784001) for Guaranty Bancshares, Inc. Esop W/401(K) Provisions, reported by Guaranty Bancshares, Inc. under EIN 75-1656431 and plan number 001. It reports 694 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240731092601NAL0033630784001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Guaranty Bancshares, Inc.
- EIN
- 75-1656431
- Plan number
- 001
- Location
- Mt. Pleasant, TX
- Participants
- 694
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $59,255,346
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $59,255,346
- Employer contributions
- $1,636,670
- Participant contributions
- $2,537,278
- Total income / additions
- $8,243,198
- Benefits paid
- $10,338,573
- Administrative expenses
- $166,371
- Total expenses
- $10,504,944
- Net increase / (decrease)
- -$2,261,746
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Newport Group, Inc. | RECORDKEEPER | $53,171 | $0 |
| Fcg Investment Company | INVESTMENT ADVISOR | $46,655 | not reported in the loaded dataset |
| Whitley Penn | AUDITOR | $33,990 | not reported in the loaded dataset |
| Financial Consulting Group | CONSULTING | $16,659 | not reported in the loaded dataset |
| Newport Trust Company | TRUSTEE | $15,896 | $0 |