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, American Bancorporation, Inc. 401(K) Profit Sharing Plan & Trust is a benefit plan reported by American Heritage Bank under EIN 73-0126720 and plan number 002. The latest loaded filing year is 2023. The filing reports 337 participants and $21,487,131 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $21,487,131
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $21,487,131
- Net assets (BOY)
- $19,056,322
Income & contributions
- Employer contributions
- $608,235
- Participant contributions
- $962,749
- Total contributions
- $2,041,849
- Total income / additions
- $4,704,573
Expenses & distributions
- Benefits paid
- $2,267,889
- Administrative expenses
- $5,875
- Total expenses
- $2,273,764
- Net increase / (decrease)
- $2,430,809