2023 Form 5500 filing — Oak Valley Community Bank 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 20240926105621NAL0000326995001) for Oak Valley Community Bank 401(K) Profit Sharing Plan, reported by Oak Valley Community Bank under EIN 77-0262278 and plan number 001. It reports 264 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240926105621NAL0000326995001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Oak Valley Community Bank
- EIN
- 77-0262278
- Plan number
- 001
- Location
- Oakdale, CA
- Participants
- 264
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $33,108,339
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $33,108,339
- Employer contributions
- $1,060,733
- Participant contributions
- $1,449,917
- Total income / additions
- $9,039,038
- Benefits paid
- $1,413,244
- Administrative expenses
- $69,669
- Total expenses
- $1,482,913
- Net increase / (decrease)
- $7,556,125
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Merrill Lynch Pierce Fenner & Smith | INVESTMENT ADVISOR | $26,641 | not reported in the loaded dataset |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $17,338 | not reported in the loaded dataset |
| Empoower Annuity Insurance Co. Usa | RECORDKEEPER | $13,558 | $0 |
| Pension Management Consultants, Inc | CONTRACT ADMIN | $4,941 | not reported in the loaded dataset |