401(K) Plan For Employees Of Bom Bank — Form 5500 plan (Bom Bank)
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, 401(K) Plan For Employees Of Bom Bank is a benefit plan reported by Bom Bank under EIN 72-0124970 and plan number 001. The latest loaded filing year is 2023. The filing reports 158 participants and $10,654,177 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Bom Bank
- EIN
- 72-0124970
- Plan number
- 001
- Plan type
- 2
- Location
- Montgomery, LA
- Latest filing year
- 2023
- Participants
- 158
- End-of-year plan assets
- $10,654,177
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 158 | H, C | 20241011122506NAL0036896720001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $10,654,177
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $10,654,177
- Net assets (BOY)
- $8,220,360
Income & contributions
- Employer contributions
- $356,642
- Participant contributions
- $555,389
- Total contributions
- $1,240,413
- Total income / additions
- $3,014,715
Expenses & distributions
- Benefits paid
- $579,292
- Administrative expenses
- $1,606
- Total expenses
- $580,898
- Net increase / (decrease)
- $2,433,817
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Fidelity Investments Institutional | RECORDKEEPER | $1,606 | $0 | 2023 |