2023 Form 5500 filing — Fvcbank 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 20240926111321NAL0001016944001) for Fvcbank 401(K) Plan, reported by Fvcbank under EIN 02-0794839 and plan number 001. It reports 167 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

Form 5500 2 · 2023

Filing snapshot

Net assets (EOY)$12.2MReported net assets$12,159,583
Participants167
Provider compensation$63.2K2 Schedule C row(s)$63,235
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20240926111321NAL0001016944001
Plan sponsor
Fvcbank
EIN
02-0794839
Plan number
001
Location
Fairfax, VA
Received date
not reported in the loaded dataset
Schedule H · 2023

Reported financial snapshot

Reported figures as filed, in whole dollars. Only fields the filing reports are shown.

Reported balance (end of year)$12.2M total assets
Net assets$12.2MLiabilities$0
Money in vs. money out
Total income / additions$3.3M
Total expenses$1.5M
Benefits paid / distributions$1.4M
Contributions
Employer$429.6K
Participant$1.2M
Full reported line items
Total assets (EOY)
$12,159,583
Total liabilities (EOY)
$0
Net assets (EOY)
$12,159,583
Employer contributions
$429,632
Participant contributions
$1,152,483
Total income / additions
$3,347,890
Benefits paid
$1,408,764
Administrative expenses
$63,235
Total expenses
$1,509,340
Net increase / (decrease)
$1,838,550

Reported service provider compensation (Schedule C)

Compensation reported on the 2023 filing
ProviderServiceDirect comp.Indirect comp.
Alliant Wealth AdvisorsINVESTMENT ADVISOR$43,192not reported in the loaded dataset
Pcs Retirement, LLCCONTRACT ADMINISTRATION$20,043not reported in the loaded dataset

Related Form 5500 pages