2023 Form 5500 filing — Parkway Bancorp, Inc. 401(K) 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 20241015083242NAL0029026449001) for Parkway Bancorp, Inc. 401(K) Plan, reported by Parkway Bancorp, Inc. under EIN 36-2694975 and plan number 002. It reports 453 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241015083242NAL0029026449001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Parkway Bancorp, Inc.
- EIN
- 36-2694975
- Plan number
- 002
- Location
- Harwood Heights, IL
- Participants
- 453
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $28,885,293
- Total liabilities (EOY)
- $32,608
- Net assets (EOY)
- $28,852,685
- Employer contributions
- $491,259
- Participant contributions
- $926,517
- Total income / additions
- $5,093,126
- Benefits paid
- $1,800,602
- Administrative expenses
- $83,237
- Total expenses
- $1,916,447
- Net increase / (decrease)
- $3,176,679
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Raymond James & Assoc., Inc | ADVISOR | $46,336 | not reported in the loaded dataset |
| Newport Group, Inc. | RECORDKEEPER | $30,686 | $0 |