2023 Form 5500 filing — Citizens Bank Of Las Cruces Employee Stock Ownership & Profit Sharing 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 20241012120157NAL0041472224001) for Citizens Bank Of Las Cruces Employee Stock Ownership & Profit Sharing Plan, reported by Citizens Bank Of Las Cruces under EIN 85-0207454 and plan number 001. It reports 144 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241012120157NAL0041472224001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Citizens Bank Of Las Cruces
- EIN
- 85-0207454
- Plan number
- 001
- Location
- Las Cruces, NM
- Participants
- 144
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $37,751,822
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $37,751,822
- Employer contributions
- $1,822,656
- Participant contributions
- $461,830
- Total income / additions
- $7,191,344
- Benefits paid
- $2,242,546
- Administrative expenses
- $1,519
- Total expenses
- $2,287,164
- Net increase / (decrease)
- $4,904,180
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Edward Jones | INVESTMENT ADVISORY | $0 | $48,564 |
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $1,518 | $0 |
| Wilshire Advisors LLC | INVESTMENT ADVISORY | $0 | $0 |