2023 Form 5500 filing — Citizens National Bank Of Texas Employee 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 20240930112835NAL0003203363001) for Citizens National Bank Of Texas Employee Savings Plan, reported by Citizens National Bank Of Texas under EIN 75-0187771 and plan number 003. It reports 253 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240930112835NAL0003203363001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Citizens National Bank Of Texas
- EIN
- 75-0187771
- Plan number
- 003
- Location
- Waxahachie, TX
- Participants
- 253
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $29,763,609
- Total liabilities (EOY)
- $15,035
- Net assets (EOY)
- $29,748,574
- Employer contributions
- $555,495
- Participant contributions
- $1,497,836
- Total income / additions
- $3,453,352
- Benefits paid
- $4,293,934
- Administrative expenses
- $80,289
- Total expenses
- $4,389,258
- Net increase / (decrease)
- -$935,906
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $53,809 | $0 |
| Commerce Street Investment Advisors | INVESTMENT ADVISORY | $26,480 | $5 |