Plan5500

National Bank Of Commerce 401(K) Profit Sharing Plan — Form 5500 plan (Natcom Bancshares, 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, National Bank Of Commerce 401(K) Profit Sharing Plan is a benefit plan reported by Natcom Bancshares, Inc. under EIN 39-1921969 and plan number 002. The latest loaded filing year is 2023. The filing reports 234 participants and $21,766,458 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Natcom Bancshares, Inc.
EIN
39-1921969
Plan number
002
Plan type
2
Location
Superior, WI
Latest filing year
2023
Participants
234
End-of-year plan assets
$21,766,458

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023234H, C20240906092147NAL0001967122001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$21,766,458
Total liabilities (EOY)
$0
Net assets (EOY)
$21,766,458
Net assets (BOY)
$20,307,087

Income & contributions

Employer contributions
$779,442
Participant contributions
$1,250,476
Total contributions
$2,148,121
Total income / additions
$4,849,894

Expenses & distributions

Benefits paid
$3,324,285
Administrative expenses
$66,238
Total expenses
$3,390,523
Net increase / (decrease)
$1,459,371

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Jnba Financial AdvisorsINVESTMENT ADVISORY$35,542not reported in the loaded dataset2023
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$30,698$02023

Related Form 5500 pages