2023 Form 5500 filing — Park Bank 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 20241015083909NAL0056656194001) for Park Bank 401(K) Plan, reported by Park Bank under EIN 39-1076859 and plan number 001. It reports 222 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241015083909NAL0056656194001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Park Bank
- EIN
- 39-1076859
- Plan number
- 001
- Location
- Madison, WI
- Participants
- 222
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $23,227,947
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $23,227,947
- Employer contributions
- $687,190
- Participant contributions
- $1,157,267
- Total income / additions
- $6,176,529
- Benefits paid
- $3,219,158
- Administrative expenses
- $74,540
- Total expenses
- $3,293,698
- Net increase / (decrease)
- $2,882,831
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Park Capital Management LLC | INVESTMENT ADVISOR | $43,492 | not reported in the loaded dataset |
| Empower Annuity Insurance Company | RECORDKEEPER | $20,612 | $0 |
| Peak Retirement Group | CONTRACT ADMIN | $2,317 | $10,000 |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $8,217 | not reported in the loaded dataset |