Ameris Bancorp 401(K) Profit Sharing Plan — Form 5500 plan (Ameris Bancorp)

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, Ameris Bancorp 401(K) Profit Sharing Plan is a benefit plan reported by Ameris Bancorp under EIN 58-1456434 and plan number 002. The latest loaded filing year is 2023. The filing reports 3,788 participants and $265,031,985 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Ameris Bancorp
EIN
58-1456434
Plan number
002
Plan type
2
Location
Atlanta, GA
Latest filing year
2023
Participants
3,788
End-of-year plan assets
$265,031,985

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20233,788H, C20240808114039NAL0002791475001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$265,031,985
Total liabilities (EOY)
$0
Net assets (EOY)
$265,031,985
Net assets (BOY)
$223,150,907

Income & contributions

Employer contributions
$7,449,866
Participant contributions
$20,035,853
Total contributions
$29,768,239
Total income / additions
$66,647,445

Expenses & distributions

Benefits paid
$24,447,854
Administrative expenses
$270,799
Total expenses
$24,766,367
Net increase / (decrease)
$41,881,078

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$270,799$02023
Mauldin And JenkinsACCOUNTANT$0$11,7002023

Related Form 5500 pages