Peoples Bank Employees Savings & Profit Sharing Plan And Trust — Form 5500 plan (Peoples 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, Peoples Bank Employees Savings & Profit Sharing Plan And Trust is a benefit plan reported by Peoples Bank under EIN 35-0576197 and plan number 003. The latest loaded filing year is 2023. The filing reports 313 participants and $31,979,382 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Peoples Bank
- EIN
- 35-0576197
- Plan number
- 003
- Plan type
- 2
- Location
- Munster, IN
- Latest filing year
- 2023
- Participants
- 313
- End-of-year plan assets
- $31,979,382
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 313 | H, C | 20241014112808NAL0013202835001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $31,979,382
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $31,979,382
- Net assets (BOY)
- $34,008,738
Income & contributions
- Employer contributions
- $466,369
- Participant contributions
- $1,450,564
- Total contributions
- $2,078,976
- Total income / additions
- $4,689,262
Expenses & distributions
- Benefits paid
- $6,430,444
- Administrative expenses
- $97,831
- Total expenses
- $6,718,618
- Net increase / (decrease)
- -$2,029,356
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Pentegra Services, Inc. | RECORDKEEPER | $97,927 | $0 | 2023 |
| Pentegra Services, Inc. | CONTRACT ADMIN | $2,163 | not reported in the loaded dataset | 2023 |