Lakeside Bank Employee Savings And Protection Plan — Form 5500 plan (Lakeside 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, Lakeside Bank Employee Savings And Protection Plan is a benefit plan reported by Lakeside Bank under EIN 36-2583514 and plan number 002. The latest loaded filing year is 2023. The filing reports 208 participants and $22,047,144 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Lakeside Bank
- EIN
- 36-2583514
- Plan number
- 002
- Plan type
- 2
- Location
- Park Ridge, IL
- Latest filing year
- 2023
- Participants
- 208
- End-of-year plan assets
- $22,047,144
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 208 | H, C | 20241011214755NAL0012955603001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $22,047,144
- Total liabilities (EOY)
- $115,000
- Net assets (EOY)
- $21,932,144
- Net assets (BOY)
- $17,921,943
Income & contributions
- Employer contributions
- $339,956
- Participant contributions
- $1,274,283
- Total contributions
- $1,668,931
- Total income / additions
- $4,695,213
Expenses & distributions
- Benefits paid
- $648,450
- Administrative expenses
- $36,562
- Total expenses
- $685,012
- Net increase / (decrease)
- $4,010,201
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $36,562 | $0 | 2023 |