Generations Bank 401k Plan — Form 5500 plan (Harrell Bancshares 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, Generations Bank 401k Plan is a benefit plan reported by Harrell Bancshares Inc under EIN 71-0775312 and plan number 002. The latest loaded filing year is 2023. The filing reports 123 participants and $7,296,824 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Harrell Bancshares Inc
EIN
71-0775312
Plan number
002
Plan type
2
Location
Rogers, AR
Latest filing year
2023
Participants
123
End-of-year plan assets
$7,296,824

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023123I20240805141034NAL0001379073001

Reported financial statement (2023 · Schedule I)

Net assets

Total assets (EOY)
$7,296,824
Total liabilities (EOY)
$0
Net assets (EOY)
$7,296,824
Net assets (BOY)
$6,132,596

Income & contributions

Employer contributions
$303,889
Participant contributions
$648,478
Total income / additions
$2,057,692

Expenses & distributions

Benefits paid
$854,207
Administrative expenses
$39,257
Total expenses
$893,464
Net increase / (decrease)
$1,164,228

Service provider compensation (Schedule C)

No Schedule C service provider compensation is loaded for this plan yet.

Related Form 5500 pages