2023 Form 5500 filing — Texas Champion Bank 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 20241007105121NAL0025965472001) for Texas Champion Bank 401(K) Plan, reported by Texas Champion Bank under EIN 74-0881940 and plan number 001. It reports 158 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)$6.2MReported net assets$6,190,625
Participants158
Provider compensation$1.4K3 Schedule C row(s)$1,436
Schedules filedSchedule H, Schedule CLoaded schedules
- EFAST2 acknowledgement
- 20241007105121NAL0025965472001
- Plan sponsor
- Texas Champion Bank
- EIN
- 74-0881940
- Plan number
- 001
- Location
- Alice, TX
- 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)$6.2M total assets
Net assets$6.2MLiabilities$0
Full reported line items
- Total assets (EOY)
- $6,190,625
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $6,190,625
- Employer contributions
- $129,877
- Participant contributions
- $248,106
- Total income / additions
- $1,011,207
- Benefits paid
- $125,739
- Administrative expenses
- $1,036
- Total expenses
- $126,775
- Net increase / (decrease)
- $884,432
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| National Professional Planning Grou | CONTRACT ADMIN | $900 | $0 |
| Empower Annity Insurance Contract | RECORDKEEPER | $436 | $0 |
| David K Young Consulting LLC | OTHER | $100 | $0 |