2023 Form 5500 filing — Defined Benefit Pension Plan For Former Heartland Bank Employees
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 20250402165321NAL0017834290001) for Defined Benefit Pension Plan For Former Heartland Bank Employees, reported by Midland States Bank under EIN 37-0259550 and plan number 003. It reports 221 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20250402165321NAL0017834290001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Midland States Bank
- EIN
- 37-0259550
- Plan number
- 003
- Location
- Effingham, IL
- Participants
- 221
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $12,019,959
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $12,019,959
- Total income / additions
- $64,248
- Benefits paid
- $683,896
- Administrative expenses
- $126,545
- Total expenses
- $810,441
- Net increase / (decrease)
- -$746,193
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $95,861 | $0 |
| Principal Global Investors, LLC | INVESTMENT ADVISORY | $9,468 | not reported in the loaded dataset |