Mainstreet Community Bank Employees' 401(K) Savings Plan — Form 5500 plan (Mainstreet Community Bank Of Florida)
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, Mainstreet Community Bank Employees' 401(K) Savings Plan is a benefit plan reported by Mainstreet Community Bank Of Florida under EIN 20-0235207 and plan number 001. The latest loaded filing year is 2023. The filing reports 136 participants and $9,045,874 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Mainstreet Community Bank Of Florida
- EIN
- 20-0235207
- Plan number
- 001
- Plan type
- 2
- Location
- Deland, FL
- Latest filing year
- 2023
- Participants
- 136
- End-of-year plan assets
- $9,045,874
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 136 | H, C | 20240814075338NAL0011521537001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $9,045,874
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $9,045,874
- Net assets (BOY)
- $7,557,233
Income & contributions
- Employer contributions
- $259,407
- Participant contributions
- $620,561
- Total contributions
- $1,053,747
- Total income / additions
- $2,236,391
Expenses & distributions
- Benefits paid
- $729,494
- Administrative expenses
- $18,256
- Total expenses
- $747,750
- Net increase / (decrease)
- $1,488,641
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Empower Annuity Insurance Company O | RECORDKEEPER | $18,007 | $0 | 2023 |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $249 | not reported in the loaded dataset | 2023 |