2023 Form 5500 filing — The Piedmont Bank Section 401(K) Profit Sharing 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 20241015140309NAL0048292736001) for The Piedmont Bank Section 401(K) Profit Sharing Plan, reported by The Piedmont Bank under EIN 43-2114621 and plan number 001. It reports 221 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241015140309NAL0048292736001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- The Piedmont Bank
- EIN
- 43-2114621
- Plan number
- 001
- Location
- Peachtree Corners, GA
- Participants
- 221
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $11,729,851
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $11,729,851
- Employer contributions
- $582,138
- Participant contributions
- $1,184,563
- Total income / additions
- $3,406,327
- Benefits paid
- $941,662
- Administrative expenses
- $22,579
- Total expenses
- $964,241
- Net increase / (decrease)
- $2,442,086
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Gba Retirement Services, Inc. | NONE | $13,244 | not reported in the loaded dataset |
| American Trust Company | CONTRACT ADMIN | $9,335 | $0 |