2023 Form 5500 filing — Peoples Bank Employees Savings & Profit Sharing 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 20241014112808NAL0013202835001) for Peoples Bank Employees Savings & Profit Sharing Plan And Trust, reported by Peoples Bank under EIN 35-0576197 and plan number 003. It reports 313 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241014112808NAL0013202835001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Peoples Bank
- EIN
- 35-0576197
- Plan number
- 003
- Location
- Munster, IN
- Participants
- 313
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $31,979,382
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $31,979,382
- Employer contributions
- $466,369
- Participant contributions
- $1,450,564
- Total income / additions
- $4,689,262
- Benefits paid
- $6,430,444
- Administrative expenses
- $97,831
- Total expenses
- $6,718,618
- Net increase / (decrease)
- -$2,029,356
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Pentegra Services, Inc. | RECORDKEEPER | $97,927 | $0 |
| Pentegra Services, Inc. | CONTRACT ADMIN | $2,163 | not reported in the loaded dataset |