2023 Form 5500 filing — The Citizens 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 20241015104618NAL0028104721001) for The Citizens Bank 401(K) Plan, reported by The Citizens Bank under EIN 71-0258539 and plan number 001. It reports 264 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241015104618NAL0028104721001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- The Citizens Bank
- EIN
- 71-0258539
- Plan number
- 001
- Location
- Batesville, AR
- Participants
- 264
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $15,793,548
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $15,793,548
- Employer contributions
- $612,163
- Participant contributions
- $930,773
- Total income / additions
- $4,139,958
- Benefits paid
- $2,558,968
- Administrative expenses
- $92,692
- Total expenses
- $2,651,660
- Net increase / (decrease)
- $1,488,298
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Merrill Lynch Pierce Fenner & Smith | CONSULTANT | $43,758 | $17 |
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $33,034 | $0 |
| Hogan Taylor Llp | ACCOUNTANT | $15,900 | not reported in the loaded dataset |