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, Monticello Bankshares, Inc. Retirement Savings Plan is a benefit plan reported by Monticello Bankshares, Inc. under EIN 61-1011305 and plan number 002. The latest loaded filing year is 2023. The filing reports 210 participants and $14,268,987 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $14,268,987
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $14,268,987
- Net assets (BOY)
- $13,480,109
Income & contributions
- Employer contributions
- $391,898
- Participant contributions
- $706,238
- Total contributions
- $1,244,879
- Total income / additions
- $3,006,654
Expenses & distributions
- Benefits paid
- $2,214,848
- Administrative expenses
- $2,928
- Total expenses
- $2,217,776
- Net increase / (decrease)
- $788,878