2023 Form 5500 filing — First Guaranty Bank 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 20241218145227NAL0003300113001) for First Guaranty Bank Savings Plan, reported by First Guaranty Bank, Inc. under EIN 72-0201420 and plan number 002. It reports 524 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241218145227NAL0003300113001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- First Guaranty Bank, Inc.
- EIN
- 72-0201420
- Plan number
- 002
- Location
- Hammond, LA
- Participants
- 524
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $15,580,690
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $15,580,690
- Employer contributions
- $100,085
- Participant contributions
- $1,343,981
- Total income / additions
- $3,468,347
- Benefits paid
- $1,375,162
- Administrative expenses
- $21,905
- Total expenses
- $1,407,395
- Net increase / (decrease)
- $2,060,952
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $21,905 | $0 |
| Morningstar Investment Management L | INV ADV, PARTICIPANTS | $0 | $0 |
| Wilshire Advisors LLC | INVESTMENT ADVISORY | $0 | $0 |