2023 Form 5500 filing — Lone Star National Bancshares-Texas, Inc Employee Stock Ownership 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 20241015131740NAL0029757841001) for Lone Star National Bancshares-Texas, Inc Employee Stock Ownership Plan, reported by Lone Star National Bancshares-Texas, Inc under EIN 74-2777101 and plan number 001. It reports 996 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241015131740NAL0029757841001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Lone Star National Bancshares-Texas, Inc
- EIN
- 74-2777101
- Plan number
- 001
- Location
- Mcallen, TX
- Participants
- 996
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $33,563,812
- Total liabilities (EOY)
- $9,698
- Net assets (EOY)
- $33,554,114
- Employer contributions
- $679,100
- Participant contributions
- $1,735,471
- Total income / additions
- $6,854,601
- Benefits paid
- $1,441,402
- Administrative expenses
- $122,477
- Total expenses
- $1,563,978
- Net increase / (decrease)
- $5,290,623
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| John Hancock Life Insurance Company | RECORDKEEPER | $6,411 | not reported in the loaded dataset |