First State Bank Of Carthage Employee Money Purchase Plan & Trust — Form 5500 plan (First State Bank & Trust Company)

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 State Bank Of Carthage Employee Money Purchase Plan & Trust is a benefit plan reported by First State Bank & Trust Company under EIN 75-0270360 and plan number 001. The latest loaded filing year is 2023. The filing reports 57 participants and $9,442,361 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$9.4MPlan net assets, end of year$9,442,361
Participants57Covered participants reported
Assets / participant$165.7KComputed: assets ÷ participants$165,655 (computed)
Provider compensationNone reported
Plan sponsor
First State Bank & Trust Company
EIN
75-0270360
Plan number
001
Plan type
2
Location
Carthage, TX
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
202357I20240726132825NAL0016030001001
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)$9.4M total assets
Net assets$9.4MLiabilities
Money in vs. money out
Total income / additions$605.6K
Total expenses$720.8K
Benefits paid / distributions$720.8K
Contributions
Employer$288.1K
Participant$108K
Full reported line items

Net assets

Total assets (EOY)
$9,442,361
Net assets (EOY)
$9,442,361
Net assets (BOY)
$9,557,546

Income & contributions

Employer contributions
$288,142
Participant contributions
$108,033
Total income / additions
$605,640

Expenses & distributions

Benefits paid
$720,825
Total expenses
$720,825
Net increase / (decrease)
-$115,185
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 73%Participant 27%
Total expenses ÷ net assets8%Computed ratio
Benefits paid ÷ total income119%Computed ratio

Service provider compensation (Schedule C)

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

Related Form 5500 pages