Peoples Bank 401(K) Profit Sharing Plan — Form 5500 plan (Peoples Bank Of Mendenhall)
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, Peoples Bank 401(K) Profit Sharing Plan is a benefit plan reported by Peoples Bank Of Mendenhall under EIN 64-0220470 and plan number 002. The latest loaded filing year is 2023. The filing reports 220 participants and $13,849,386 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Peoples Bank Of Mendenhall
- EIN
- 64-0220470
- Plan number
- 002
- Plan type
- 2
- Location
- Mendenhall, MS
- Latest filing year
- 2023
- Participants
- 220
- End-of-year plan assets
- $13,849,386
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 220 | H, C | 20241002151626NAL0015472160001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $13,849,386
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $13,849,386
- Net assets (BOY)
- $11,856,496
Income & contributions
- Employer contributions
- $660,249
- Participant contributions
- $558,505
- Total contributions
- $1,522,261
- Total income / additions
- $3,203,404
Expenses & distributions
- Benefits paid
- $1,205,761
- Administrative expenses
- $4,753
- Total expenses
- $1,210,514
- Net increase / (decrease)
- $1,992,890
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Lpl Financial Corporation | BROKER | $48,782 | not reported in the loaded dataset | 2023 |