2023 Form 5500 filing — Alliance Bancshares, Inc. 401(K) Employee 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 20240823112300NAL0006295249001) for Alliance Bancshares, Inc. 401(K) Employee Stock Ownership Plan, reported by Alliance Bancshares, Inc under EIN 75-2483603 and plan number 001. It reports 318 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240823112300NAL0006295249001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Alliance Bancshares, Inc
- EIN
- 75-2483603
- Plan number
- 001
- Location
- Sulphur Springs, TX
- Participants
- 318
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $25,523,587
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $25,523,587
- Employer contributions
- $565,614
- Participant contributions
- $914,289
- Total income / additions
- $3,937,882
- Benefits paid
- $1,473,490
- Administrative expenses
- $71,439
- Total expenses
- $1,556,365
- Net increase / (decrease)
- $2,381,517
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Blue Ridge Esop Associates | TPA | $0 | $11,636 |
| Raymond James | NONE | $9,160 | not reported in the loaded dataset |
| Empower Annuity Insurance Co | NONE | $4,714 | $0 |