Tennessee State Bank Retirement Plan — Form 5500 plan (Tennessee State 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, Tennessee State Bank Retirement Plan is a benefit plan reported by Tennessee State Bank under EIN 62-0866803 and plan number 002. The latest loaded filing year is 2023. The filing reports 221 participants and $13,360,474 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Tennessee State Bank
- EIN
- 62-0866803
- Plan number
- 002
- Plan type
- 2
- Location
- Pigeon Forge, TN
- Latest filing year
- 2023
- Participants
- 221
- End-of-year plan assets
- $13,360,474
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 221 | H, C | 20240830095815NAL0014357057001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $13,360,474
- Total liabilities (EOY)
- $13,741
- Net assets (EOY)
- $13,346,733
- Net assets (BOY)
- $11,204,192
Income & contributions
- Employer contributions
- $308,686
- Participant contributions
- $691,237
- Total contributions
- $1,010,885
- Total income / additions
- $2,678,138
Expenses & distributions
- Benefits paid
- $477,673
- Administrative expenses
- $57,924
- Total expenses
- $535,597
- Net increase / (decrease)
- $2,142,541
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Transamerica Retirement Solutions | RECORDKEEPER | $57,924 | $0 | 2023 |
| Fnbb Capital Markets, LLC | BROKER | $0 | $39,209 | 2023 |