2023 Form 5500 filing — Arvest Bank 401k & Profit Sharing Retirement 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 20241015092200NAL0016050963001) for Arvest Bank 401k & Profit Sharing Retirement Plan, reported by Arvest Bank under EIN 71-0118700 and plan number 003. It reports 8,258 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241015092200NAL0016050963001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Arvest Bank
- EIN
- 71-0118700
- Plan number
- 003
- Location
- Lowell, AR
- Participants
- 8,258
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $800,074,379
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $800,074,379
- Employer contributions
- $31,353,222
- Participant contributions
- $33,846,041
- Total income / additions
- $173,677,991
- Benefits paid
- $67,356,837
- Administrative expenses
- $236,169
- Total expenses
- $67,595,294
- Net increase / (decrease)
- $106,082,697
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Voya Institutional Plan Services | NONE | $158,633 | $0 |
| Voya Retirement Advisors, LLC | NONE | $42,767 | not reported in the loaded dataset |
| Morningstar | NONE | $34,768 | not reported in the loaded dataset |