Plan5500

Builtwell Bancorp, Inc. Employee Stock Ownership Plan — Form 5500 plan (Builtwell Bancorp, 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, Builtwell Bancorp, Inc. Employee Stock Ownership Plan is a benefit plan reported by Builtwell Bancorp, Inc. under EIN 62-1104098 and plan number 003. The latest loaded filing year is 2023. The filing reports 433 participants and $17,589,482 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Builtwell Bancorp, Inc.
EIN
62-1104098
Plan number
003
Plan type
2
Location
Chattanooga, TN
Latest filing year
2023
Participants
433
End-of-year plan assets
$17,589,482

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023433H, C20240729125515NAL0042370866001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$17,589,482
Total liabilities (EOY)
$0
Net assets (EOY)
$17,589,482
Net assets (BOY)
$14,591,242

Income & contributions

Employer contributions
$504,936
Total contributions
$504,936
Total income / additions
$3,773,742

Expenses & distributions

Benefits paid
$718,624
Administrative expenses
$56,878
Total expenses
$775,502
Net increase / (decrease)
$2,998,240

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
First Horizon BankNONE$36,453not reported in the loaded dataset2023
Mauldin & Jenkins, LLCNONE$12,500not reported in the loaded dataset2023
Acuff & Associates, Inc.NONE$7,925not reported in the loaded dataset2023

Related Form 5500 pages