Guaranty Bancshares, Inc. Esop W/401(K) Provisions — Form 5500 plan (Guaranty 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, Guaranty Bancshares, Inc. Esop W/401(K) Provisions is a benefit plan reported by Guaranty Bancshares, Inc. under EIN 75-1656431 and plan number 001. The latest loaded filing year is 2023. The filing reports 694 participants and $59,255,346 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Guaranty Bancshares, Inc.
- EIN
- 75-1656431
- Plan number
- 001
- Plan type
- 2
- Location
- Mt. Pleasant, TX
- Latest filing year
- 2023
- Participants
- 694
- End-of-year plan assets
- $59,255,346
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 694 | H, C | 20240731092601NAL0033630784001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $59,255,346
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $59,255,346
- Net assets (BOY)
- $61,517,092
Income & contributions
- Employer contributions
- $1,636,670
- Participant contributions
- $2,537,278
- Total contributions
- $4,468,034
- Total income / additions
- $8,243,198
Expenses & distributions
- Benefits paid
- $10,338,573
- Administrative expenses
- $166,371
- Total expenses
- $10,504,944
- Net increase / (decrease)
- -$2,261,746
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Newport Group, Inc. | RECORDKEEPER | $53,171 | $0 | 2023 |
| Fcg Investment Company | INVESTMENT ADVISOR | $46,655 | not reported in the loaded dataset | 2023 |
| Whitley Penn | AUDITOR | $33,990 | not reported in the loaded dataset | 2023 |
| Financial Consulting Group | CONSULTING | $16,659 | not reported in the loaded dataset | 2023 |
| Newport Trust Company | TRUSTEE | $15,896 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Guaranty Bancshares, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in TX
- 401(k) and benefit plan filings in Mt. Pleasant, TX
- Newport Group, Inc. — Schedule C compensation
- Fcg Investment Company — Schedule C compensation
- Whitley Penn — Schedule C compensation
- Financial Consulting Group — Schedule C compensation
- Newport Trust Company — Schedule C compensation