First Guaranty Bank Savings Plan — Form 5500 plan (First Guaranty Bank, 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, First Guaranty Bank Savings Plan is a benefit plan reported by First Guaranty Bank, Inc. under EIN 72-0201420 and plan number 002. The latest loaded filing year is 2023. The filing reports 524 participants and $15,580,690 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- First Guaranty Bank, Inc.
- EIN
- 72-0201420
- Plan number
- 002
- Plan type
- 2
- Location
- Hammond, LA
- Latest filing year
- 2023
- Participants
- 524
- End-of-year plan assets
- $15,580,690
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 524 | H, C | 20241218145227NAL0003300113001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $15,580,690
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $15,580,690
- Net assets (BOY)
- $13,519,738
Income & contributions
- Employer contributions
- $100,085
- Participant contributions
- $1,343,981
- Total contributions
- $1,518,978
- Total income / additions
- $3,468,347
Expenses & distributions
- Benefits paid
- $1,375,162
- Administrative expenses
- $21,905
- Total expenses
- $1,407,395
- Net increase / (decrease)
- $2,060,952
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $21,905 | $0 | 2023 |
| Morningstar Investment Management L | INV ADV, PARTICIPANTS | $0 | $0 | 2023 |
| Wilshire Advisors LLC | INVESTMENT ADVISORY | $0 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for First Guaranty Bank, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in LA
- 401(k) and benefit plan filings in Hammond, LA
- Principal Life Insurance Company — Schedule C compensation
- Morningstar Investment Management L — Schedule C compensation
- Wilshire Advisors LLC — Schedule C compensation