2023 Form 5500 filing — Bankonit Retirement Savings 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 20240912100354NAL0018630050001) for Bankonit Retirement Savings Plan, reported by Bankonit, LLC under EIN 20-2338224 and plan number 001. It reports 162 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240912100354NAL0018630050001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Bankonit, LLC
- EIN
- 20-2338224
- Plan number
- 001
- Location
- Oklahoma City, OK
- Participants
- 162
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $4,989,057
- Total liabilities (EOY)
- $32,342
- Net assets (EOY)
- $4,956,715
- Employer contributions
- $355,513
- Participant contributions
- $522,979
- Total income / additions
- $1,756,676
- Benefits paid
- $482,556
- Administrative expenses
- $4,749
- Total expenses
- $487,305
- Net increase / (decrease)
- $1,269,371
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Tristar Pension Ltd | ADMINISTRATOR | $3,699 | $0 |
| American Funds | RECORDKEEPER | $1,050 | $0 |