The Bank Of Herrin Employee Stock Ownership Plan — Form 5500 plan (The Bank Of Herrin)
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, The Bank Of Herrin Employee Stock Ownership Plan is a benefit plan reported by The Bank Of Herrin under EIN 37-0207950 and plan number 002. The latest loaded filing year is 2023. The filing reports 58 participants and $2,646,346 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- The Bank Of Herrin
- EIN
- 37-0207950
- Plan number
- 002
- Plan type
- 2
- Location
- Herrin, IL
- Latest filing year
- 2023
- Participants
- 58
- End-of-year plan assets
- $2,646,346
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 58 | I | 20240607133055NAL0041531760001 |
Reported financial statement (2023 · Schedule I)
Net assets
- Total assets (EOY)
- $2,646,346
- Total liabilities (EOY)
- $4,167
- Net assets (EOY)
- $2,642,179
- Net assets (BOY)
- $2,572,577
Income & contributions
- Employer contributions
- $175,000
- Total income / additions
- $214,047
Expenses & distributions
- Benefits paid
- $117,489
- Administrative expenses
- $26,956
- Total expenses
- $144,445
- Net increase / (decrease)
- $69,602
Service provider compensation (Schedule C)
No Schedule C service provider compensation is loaded for this plan yet.