Midsouth Bancorporation 401(K) Profit Sharing Plan — Form 5500 plan (Midsouth Bancorporation)
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, Midsouth Bancorporation 401(K) Profit Sharing Plan is a benefit plan reported by Midsouth Bancorporation under EIN 63-0906823 and plan number 002. The latest loaded filing year is 2023. The filing reports 122 participants and $9,967,661 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Midsouth Bancorporation
- EIN
- 63-0906823
- Plan number
- 002
- Plan type
- 2
- Location
- Dothan, AL
- Latest filing year
- 2023
- Participants
- 122
- End-of-year plan assets
- $9,967,661
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 122 | H, C | 20240730102545NAL0019882785001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $9,967,661
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $9,967,661
- Net assets (BOY)
- $8,445,949
Income & contributions
- Employer contributions
- $290,189
- Participant contributions
- $363,431
- Total contributions
- $711,586
- Total income / additions
- $2,076,927
Expenses & distributions
- Benefits paid
- $525,308
- Administrative expenses
- $29,907
- Total expenses
- $555,215
- Net increase / (decrease)
- $1,521,712
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $29,907 | $0 | 2023 |
| Wilshire Advisors LLC | INVESTMENT ADVISORY | $0 | $0 | 2023 |