First La Grange Bancshares, Inc. Employee Stock Ownership Plan(With 401(K) Provisions) — Form 5500 plan (First La Grange 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, First La Grange Bancshares, Inc. Employee Stock Ownership Plan(With 401(K) Provisions) is a benefit plan reported by First La Grange Bancshares, Inc. under EIN 74-2405898 and plan number 001. The latest loaded filing year is 2023. The filing reports 67 participants and $2,681,534 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$2.7MPlan net assets, end of year$2,681,534
Participants67Covered participants reported
Assets / participant$40KComputed: assets ÷ participants$40,023 (computed)
Provider compensationNone reported
Plan sponsor
First La Grange Bancshares, Inc.
EIN
74-2405898
Plan number
001
Plan type
2
Location
La Grange, TX
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
202367I20241007093812NAL0014994801001
Schedule I · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$2.7M total assets
Net assets$2.7MLiabilities$0
Money in vs. money out
Total income / additions$325.7K
Total expenses$749.8K
Benefits paid / distributions$715.3K
Contributions
Employer$79.9K
Participant$105.6K
Full reported line items

Net assets

Total assets (EOY)
$2,681,534
Total liabilities (EOY)
$0
Net assets (EOY)
$2,681,534
Net assets (BOY)
$3,105,596

Income & contributions

Employer contributions
$79,884
Participant contributions
$105,585
Total income / additions
$325,735

Expenses & distributions

Benefits paid
$715,264
Administrative expenses
$34,533
Total expenses
$749,797
Net increase / (decrease)
-$424,062
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 43%Participant 57%
Total expenses ÷ net assets28%Computed ratio
Benefits paid ÷ total income220%Computed ratio

Service provider compensation (Schedule C)

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

Related Form 5500 pages