2023 Form 5500 filing — Monticello Bankshares, Inc. Retirement Savings 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 20241015135530NAL0029865041001) for Monticello Bankshares, Inc. Retirement Savings Plan, reported by Monticello Bankshares, Inc. under EIN 61-1011305 and plan number 002. It reports 210 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241015135530NAL0029865041001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Monticello Bankshares, Inc.
- EIN
- 61-1011305
- Plan number
- 002
- Location
- Monticello, KY
- Participants
- 210
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $14,268,987
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $14,268,987
- Employer contributions
- $391,898
- Participant contributions
- $706,238
- Total income / additions
- $3,006,654
- Benefits paid
- $2,214,848
- Administrative expenses
- $2,928
- Total expenses
- $2,217,776
- Net increase / (decrease)
- $788,878
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Epic Retirement Plan Services | NONE | $2,928 | $0 |