First National Bank Of Mcgregor Esop — Form 5500 plan (The First National Bank Of Mcgregor)
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 National Bank Of Mcgregor Esop is a benefit plan reported by The First National Bank Of Mcgregor under EIN 74-0775779 and plan number 002. The latest loaded filing year is 2023. The filing reports 96 participants and $10,155,280 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- The First National Bank Of Mcgregor
- EIN
- 74-0775779
- Plan number
- 002
- Plan type
- 2
- Location
- Mcgregor, TX
- Latest filing year
- 2023
- Participants
- 96
- End-of-year plan assets
- $10,155,280
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 96 | I | 20240729141630NAL0032199792001 |
Reported financial statement (2023 · Schedule I)
Net assets
- Total assets (EOY)
- $10,155,280
- Total liabilities (EOY)
- $1,213,323
- Net assets (EOY)
- $8,941,957
- Net assets (BOY)
- $7,462,322
Income & contributions
- Employer contributions
- $925,957
- Total income / additions
- $1,801,013
Expenses & distributions
- Benefits paid
- $210,202
- Administrative expenses
- $3,275
- Total expenses
- $321,378
- Net increase / (decrease)
- $1,479,635
Service provider compensation (Schedule C)
No Schedule C service provider compensation is loaded for this plan yet.