2023 Form 5500 filing — Lumbee Guaranty Bank Employees' Pension 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 20241014104023NAL0027053057001) for Lumbee Guaranty Bank Employees' Pension Plan, reported by Lumbee Guaranty Bank under EIN 56-0990387 and plan number 001. It reports 148 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241014104023NAL0027053057001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Lumbee Guaranty Bank
- EIN
- 56-0990387
- Plan number
- 001
- Location
- Pembroke, NC
- Participants
- 148
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $6,706,278
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $6,706,278
- Employer contributions
- $220,000
- Total income / additions
- $1,032,465
- Benefits paid
- $368,266
- Administrative expenses
- $47,222
- Total expenses
- $415,488
- Net increase / (decrease)
- $616,977
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| American Trust | NONE | $24,485 | not reported in the loaded dataset |
| Fund Direct Advisor'S, Inc. | NONE | $14,560 | not reported in the loaded dataset |
| Mid-Atlantic Trust Company | NONE | $5,625 | not reported in the loaded dataset |