The Conway National Bank Profit-Sharing And Savings Plan — Form 5500 plan (The Conway National 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, The Conway National Bank Profit-Sharing And Savings Plan is a benefit plan reported by The Conway National Bank under EIN 57-0146256 and plan number 002. The latest loaded filing year is 2023. The filing reports 298 participants and $50,246,940 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- The Conway National Bank
- EIN
- 57-0146256
- Plan number
- 002
- Plan type
- 2
- Location
- Conway, SC
- Latest filing year
- 2023
- Participants
- 298
- End-of-year plan assets
- $50,246,940
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 298 | H, C | 20241004160013NAL0011621713001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $50,246,940
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $50,246,940
- Net assets (BOY)
- $45,419,918
Income & contributions
- Employer contributions
- $505,843
- Participant contributions
- $1,285,270
- Total contributions
- $1,797,775
- Total income / additions
- $7,227,882
Expenses & distributions
- Benefits paid
- $2,291,608
- Administrative expenses
- $109,252
- Total expenses
- $2,400,860
- Net increase / (decrease)
- $4,827,022
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Captrust Financial Advisors | NONE | $65,000 | not reported in the loaded dataset | 2023 |
| Oneamerica Retirement Services | RECORDKEEPER | $44,252 | not reported in the loaded dataset | 2023 |
| Matrix Trust Company | NONE | $0 | $0 | 2023 |