2023 Form 5500 filing — Tennessee State Bank Retirement 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 20240830095815NAL0014357057001) for Tennessee State Bank Retirement Plan, reported by Tennessee State Bank under EIN 62-0866803 and plan number 002. It reports 221 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240830095815NAL0014357057001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Tennessee State Bank
- EIN
- 62-0866803
- Plan number
- 002
- Location
- Pigeon Forge, TN
- Participants
- 221
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $13,360,474
- Total liabilities (EOY)
- $13,741
- Net assets (EOY)
- $13,346,733
- Employer contributions
- $308,686
- Participant contributions
- $691,237
- Total income / additions
- $2,678,138
- Benefits paid
- $477,673
- Administrative expenses
- $57,924
- Total expenses
- $535,597
- Net increase / (decrease)
- $2,142,541
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Transamerica Retirement Solutions | RECORDKEEPER | $57,924 | $0 |
| Fnbb Capital Markets, LLC | BROKER | $0 | $39,209 |