Sterling Bank 401k Profit Sharing Plan — Form 5500 plan (Sterling Bank)
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, Sterling Bank 401k Profit Sharing Plan is a benefit plan reported by Sterling Bank under EIN 20-1513021 and plan number 001. The latest loaded filing year is 2023. The filing reports 192 participants and $8,471,522 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Sterling Bank
- EIN
- 20-1513021
- Plan number
- 001
- Plan type
- 2
- Location
- Poplar Bluff, MO
- Latest filing year
- 2023
- Participants
- 192
- End-of-year plan assets
- $8,471,522
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 192 | H | 20240731120009NAL0012651667007 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $8,471,522
- Net assets (EOY)
- $8,471,522
- Net assets (BOY)
- $6,613,770
Income & contributions
- Employer contributions
- $355,196
- Participant contributions
- $677,514
- Total contributions
- $1,067,023
- Total income / additions
- $2,477,494
Expenses & distributions
- Benefits paid
- $619,017
- Administrative expenses
- $725
- Total expenses
- $619,742
- Net increase / (decrease)
- $1,857,752
Service provider compensation (Schedule C)
No Schedule C service provider compensation is loaded for this plan yet.