Traditions Bancshares, Inc. Employee Stock Ownership Plan — Form 5500 plan (Traditions Bancshares, Inc.)
Plain-English plan 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, Traditions Bancshares, Inc. Employee Stock Ownership Plan is a benefit plan reported by Traditions Bancshares, Inc. under EIN 03-0487826 and plan number 001. The latest loaded filing year is 2023. The filing reports 92 participants and $10,658,888 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Traditions Bancshares, Inc.
- EIN
- 03-0487826
- Plan number
- 001
- Plan type
- 2
- Location
- Cullman, AL
- Latest filing year
- 2023
- Participants
- 92
- End-of-year plan assets
- $10,658,888
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 92 | I | 20240523170148NAL0005621985001 |
Reported financial statement (2023 · Schedule I)
Net assets
- Total assets (EOY)
- $10,658,888
- Total liabilities (EOY)
- $15
- Net assets (EOY)
- $10,658,873
- Net assets (BOY)
- $9,111,643
Income & contributions
- Employer contributions
- $906,834
- Total income / additions
- $1,854,064
Expenses & distributions
- Benefits paid
- $306,834
- Total expenses
- $306,834
- Net increase / (decrease)
- $1,547,230
Service provider compensation (Schedule C)
No Schedule C service provider compensation is loaded for this plan yet.