Banc Card Of America, Inc. 401(K) Profit Sharing Plan — Form 5500 plan (Banc Card Of America, 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, Banc Card Of America, Inc. 401(K) Profit Sharing Plan is a benefit plan reported by Banc Card Of America, Inc under EIN 62-1830337 and plan number 001. The latest loaded filing year is 2023. The filing reports 163 participants and $12,955,730 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Banc Card Of America, Inc
EIN
62-1830337
Plan number
001
Plan type
2
Location
Nashville, TN
Latest filing year
2023
Participants
163
End-of-year plan assets
$12,955,730

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023163H, C20240716103015NAL0001471475001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$12,955,730
Total liabilities (EOY)
$0
Net assets (EOY)
$12,955,730
Net assets (BOY)
$9,246,467

Income & contributions

Employer contributions
$986,028
Participant contributions
$1,314,528
Total contributions
$2,454,537
Total income / additions
$4,258,797

Expenses & distributions

Benefits paid
$495,982
Administrative expenses
$53,552
Total expenses
$549,534
Net increase / (decrease)
$3,709,263

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Northwestern Mutual WealthINVESTMENT ADVISOR$25,624not reported in the loaded dataset2023
John Hancock UsaRECORDKEEPER$550not reported in the loaded dataset2023

Related Form 5500 pages