2023 Form 5500 filing — First Bankers Trustshares, Inc. 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 20240910171619NAL0003132707001) for First Bankers Trustshares, Inc. 401(K) Profit Sharing Plan, reported by First Bankers Trustshares, Inc. under EIN 37-1237250 and plan number 003. It reports 226 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240910171619NAL0003132707001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- First Bankers Trustshares, Inc.
- EIN
- 37-1237250
- Plan number
- 003
- Location
- Quincy, IL
- Participants
- 226
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $20,623,379
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $20,623,379
- Employer contributions
- $586,067
- Participant contributions
- $833,838
- Total income / additions
- $4,360,942
- Benefits paid
- $1,093,145
- Administrative expenses
- $28,543
- Total expenses
- $1,121,688
- Net increase / (decrease)
- $3,239,254
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Newport Group, Inc | RECORDKEEPER | $21,327 | $0 |
| Newport Trust Company | TRUSTEE | $7,216 | $0 |