Plan5500

Parkway Bancorp, Inc. 401(K) Plan — Form 5500 plan (Parkway Bancorp, Inc.)

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, Parkway Bancorp, Inc. 401(K) Plan is a benefit plan reported by Parkway Bancorp, Inc. under EIN 36-2694975 and plan number 002. The latest loaded filing year is 2023. The filing reports 453 participants and $28,885,293 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Parkway Bancorp, Inc.
EIN
36-2694975
Plan number
002
Plan type
2
Location
Harwood Heights, IL
Latest filing year
2023
Participants
453
End-of-year plan assets
$28,885,293

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023453H, C20241015083242NAL0029026449001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$28,885,293
Total liabilities (EOY)
$32,608
Net assets (EOY)
$28,852,685
Net assets (BOY)
$25,676,006

Income & contributions

Employer contributions
$491,259
Participant contributions
$926,517
Total contributions
$1,571,364
Total income / additions
$5,093,126

Expenses & distributions

Benefits paid
$1,800,602
Administrative expenses
$83,237
Total expenses
$1,916,447
Net increase / (decrease)
$3,176,679

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Raymond James & Assoc., IncADVISOR$46,336not reported in the loaded dataset2023
Newport Group, Inc.RECORDKEEPER$30,686$02023

Related Form 5500 pages