2023 Form 5500 filing — State Bankshares Employee Stock Ownership Plan And Trust

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 20241014105613NAL0013164851001) for State Bankshares Employee Stock Ownership Plan And Trust, reported by State Bankshares, Inc. under EIN 45-0412162 and plan number 003. It reports 1,699 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials).

Form 5500 2 · 2023

Filing snapshot

Net assets (EOY)$75.7MReported net assets$75,740,162
Participants1.7K1,699
Provider compensationNone reported
Schedules filedSchedule HLoaded schedules
EFAST2 acknowledgement
20241014105613NAL0013164851001
Plan sponsor
State Bankshares, Inc.
EIN
45-0412162
Plan number
003
Location
Fargo, ND
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)$75.7M total assets
Net assets$75.7MLiabilities$0
Money in vs. money out
Total income / additions-$1.5M
Total expenses$3.4M
Benefits paid / distributions$3.4M
Contributions
Employer$1.6M
ParticipantNot reported
Full reported line items
Total assets (EOY)
$75,740,162
Total liabilities (EOY)
$0
Net assets (EOY)
$75,740,162
Employer contributions
$1,573,098
Total income / additions
-$1,478,400
Benefits paid
$3,390,747
Administrative expenses
$0
Total expenses
$3,390,747
Net increase / (decrease)
-$4,869,147

Related Form 5500 pages