Central Bank Illinois 401(K) Profit Sharing Plan — Form 5500 plan (Central Bank Illinois)
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, Central Bank Illinois 401(K) Profit Sharing Plan is a benefit plan reported by Central Bank Illinois under EIN 36-0886040 and plan number 002. The latest loaded filing year is 2023. The filing reports 211 participants and $46,318,223 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Central Bank Illinois
- EIN
- 36-0886040
- Plan number
- 002
- Plan type
- 2
- Location
- Geneseo, IL
- Latest filing year
- 2023
- Participants
- 211
- End-of-year plan assets
- $46,318,223
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 211 | H, C | 20240808144503NAL0010922402001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $46,318,223
- Total liabilities (EOY)
- $20,105
- Net assets (EOY)
- $46,298,118
- Net assets (BOY)
- $39,723,384
Income & contributions
- Employer contributions
- $1,258,851
- Participant contributions
- $1,083,846
- Total contributions
- $2,342,697
- Total income / additions
- $8,104,425
Expenses & distributions
- Benefits paid
- $1,490,079
- Administrative expenses
- $18,787
- Total expenses
- $1,529,691
- Net increase / (decrease)
- $6,574,734
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Epic Retirement Plan Services | NONE | $18,787 | $0 | 2023 |
| Abg Retirement Plan Services | NONE | $15,044 | not reported in the loaded dataset | 2023 |
| Charles Schwab Trust Bank | NONE | $0 | $7,006 | 2023 |
| Charles Schwab & Co., Inc. | NONE | $0 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Central Bank Illinois
- 2023 Form 5500 filing
- Form 5500 filings in IL
- 401(k) and benefit plan filings in Geneseo, IL
- Epic Retirement Plan Services — Schedule C compensation
- Abg Retirement Plan Services — Schedule C compensation
- Charles Schwab Trust Bank — Schedule C compensation
- Charles Schwab & Co., Inc. — Schedule C compensation