2023 Form 5500 filing — Citizens First 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 20241015181204NAL0030590657001) for Citizens First Bank 401(K) Plan, reported by Citizens First Bank under EIN 42-1501088 and plan number 001. It reports 57 participants. Attached schedules in the loaded dataset include Schedule I (small plan financials).

Form 5500 2 · 2023

Filing snapshot

Net assets (EOY)$3.3MReported net assets$3,280,910
Participants57
Provider compensationNone reported
Schedules filedSchedule ILoaded schedules
EFAST2 acknowledgement
20241015181204NAL0030590657001
Plan sponsor
Citizens First Bank
EIN
42-1501088
Plan number
001
Location
Clinton, IA
Received date
not reported in the loaded dataset
Schedule I · 2023

Reported financial snapshot

Reported figures as filed, in whole dollars. Only fields the filing reports are shown.

Reported balance (end of year)$3.3M total assets
Net assets$3.3MLiabilities
Money in vs. money out
Total income / additions$1M
Total expenses$1.9M
Benefits paid / distributions$1.9M
Contributions
Employer$100K
Participant$191.7K
Full reported line items
Total assets (EOY)
$3,280,910
Net assets (EOY)
$3,280,910
Employer contributions
$99,962
Participant contributions
$191,748
Total income / additions
$1,029,692
Benefits paid
$1,923,886
Administrative expenses
$15,854
Total expenses
$1,939,740
Net increase / (decrease)
-$910,048

Related Form 5500 pages