2023 Form 5500 filing — Peoplessouth Bancshares, Inc. Employee Stock Ownership 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 20241004125128NAL0012228673001) for Peoplessouth Bancshares, Inc. Employee Stock Ownership Plan, reported by Peoplessouth Bancshares, Inc. under EIN 58-1928833 and plan number 003. It reports 185 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241004125128NAL0012228673001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Peoplessouth Bancshares, Inc.
- EIN
- 58-1928833
- Plan number
- 003
- Location
- Colquitt, GA
- Participants
- 185
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $3,623,218
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $3,623,218
- Employer contributions
- $372,962
- Total income / additions
- $598,212
- Benefits paid
- $941,557
- Administrative expenses
- $28,805
- Total expenses
- $970,362
- Net increase / (decrease)
- -$372,150
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Argent Trust Company | NONE | $28,805 | not reported in the loaded dataset |