Peoples Financial Corporation 401(K) Profit Sharing Plan — Form 5500 plan (Peoples Financial Corporation)
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 Financial Corporation 401(K) Profit Sharing Plan is a benefit plan reported by Peoples Financial Corporation under EIN 64-0709834 and plan number 004. The latest loaded filing year is 2023. The filing reports 171 participants and $24,931,777 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Peoples Financial Corporation
- EIN
- 64-0709834
- Plan number
- 004
- Plan type
- 2
- Location
- Biloxi, MS
- Latest filing year
- 2023
- Participants
- 171
- End-of-year plan assets
- $24,931,777
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 171 | H, C | 20240722145541NAL0010658865001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $24,931,777
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $24,931,777
- Net assets (BOY)
- $22,611,135
Income & contributions
- Employer contributions
- $260,538
- Participant contributions
- $523,427
- Total contributions
- $789,887
- Total income / additions
- $3,349,700
Expenses & distributions
- Benefits paid
- $984,734
- Administrative expenses
- $44,324
- Total expenses
- $1,029,058
- Net increase / (decrease)
- $2,320,642
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $37,801 | $0 | 2023 |
| Intellicents Investment Solutions | INVESTMENT ADVISORY | $4,994 | $6 | 2023 |