2023 Form 5500 filing — Bankguam Holding Company 401(K) Retirement 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 20241011204210NAL0022655537001) for Bankguam Holding Company 401(K) Retirement Savings Plan, reported by Bankguam Holding Company under EIN 90-0600144 and plan number 001. It reports 552 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)$30.5MReported net assets$30,487,966
Participants552
Provider compensation$133.2K1 Schedule C row(s)$133,194
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20241011204210NAL0022655537001
Plan sponsor
Bankguam Holding Company
EIN
90-0600144
Plan number
001
Location
Hagatna, GU
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)$30.5M total assets
Net assets$30.5MLiabilities$0
Money in vs. money out
Total income / additions$7.7M
Total expenses$3.1M
Benefits paid / distributions$3M
Contributions
Employer$1.4M
Participant$2.1M
Full reported line items
Total assets (EOY)
$30,487,966
Total liabilities (EOY)
$0
Net assets (EOY)
$30,487,966
Employer contributions
$1,401,288
Participant contributions
$2,123,398
Total income / additions
$7,654,091
Benefits paid
$2,970,277
Administrative expenses
$133,194
Total expenses
$3,103,471
Net increase / (decrease)
$4,550,620

Reported service provider compensation (Schedule C)

Compensation reported on the 2023 filing
ProviderServiceDirect comp.Indirect comp.
Asc Trust, LLCTRUSTEE$133,194not reported in the loaded dataset

Related Form 5500 pages