2023 Form 5500 filing — Citizens Bank And Trust 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 20241001134518NAL0006865281001) for Citizens Bank And Trust 401(K) Plan, reported by Citizens Bank & Trust under EIN 59-0193780 and plan number 001. It reports 214 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241001134518NAL0006865281001
- Filing year
- 2023
- Form type
- 3
- Plan sponsor
- Citizens Bank & Trust
- EIN
- 59-0193780
- Plan number
- 001
- Location
- Lake Wales, FL
- Participants
- 214
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $13,086,318
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $13,086,318
- Employer contributions
- $494,983
- Participant contributions
- $1,081,158
- Total income / additions
- $3,403,102
- Benefits paid
- $457,845
- Administrative expenses
- $65,488
- Total expenses
- $523,333
- Net increase / (decrease)
- $2,879,769
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $65,488 | $0 |
| 401(K) Advisors Inc | INVESTMENT ADVISORY | $0 | $27,560 |