2023 Form 5500 filing — Cortrust Bank 401(K) 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 20240916154402NAL0002342736001) for Cortrust Bank 401(K) Plan, reported by Cortrust Bank Na under EIN 46-0159100 and plan number 005. It reports 413 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240916154402NAL0002342736001
- Filing year
- 2023
- Form type
- 3
- Plan sponsor
- Cortrust Bank Na
- EIN
- 46-0159100
- Plan number
- 005
- Location
- Mitchell, SD
- Participants
- 413
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $27,818,076
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $27,818,076
- Employer contributions
- $580,768
- Participant contributions
- $1,512,899
- Total income / additions
- $6,333,864
- Benefits paid
- $1,610,256
- Administrative expenses
- $10,036
- Total expenses
- $1,620,292
- Net increase / (decrease)
- $4,713,572
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Oneamerica Retiement Service LLC | NONE | $6,620 | not reported in the loaded dataset |
| Matrix Trust Company | NONE | $0 | $0 |