2023 Form 5500 filing — American National Bank & Trust Company Employees' 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 20240924143219NAL0013130305001) for American National Bank & Trust Company Employees' Savings Plan, reported by American National Bank & Trust Company under EIN 54-0121975 and plan number 002. It reports 400 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240924143219NAL0013130305001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- American National Bank & Trust Company
- EIN
- 54-0121975
- Plan number
- 002
- Location
- Danville, VA
- Participants
- 400
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $32,052,207
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $32,052,207
- Employer contributions
- $1,404,298
- Participant contributions
- $2,579,062
- Total income / additions
- $8,497,631
- Benefits paid
- $1,579,616
- Administrative expenses
- $99,268
- Total expenses
- $1,679,922
- Net increase / (decrease)
- $6,817,709
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $99,268 | $0 |
| Sageview Advisory Group, LLC | INVESTMENT ADVISORY | $0 | $35,611 |
| American National Bank And Trust Co | OTHER SERVICES | $0 | $6,800 |