Alliance Bancshares, Inc. 401(K) Employee Stock Ownership Plan — Form 5500 plan (Alliance 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, Alliance Bancshares, Inc. 401(K) Employee Stock Ownership Plan is a benefit plan reported by Alliance Bancshares, Inc under EIN 75-2483603 and plan number 001. The latest loaded filing year is 2023. The filing reports 318 participants and $25,523,587 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Alliance Bancshares, Inc
EIN
75-2483603
Plan number
001
Plan type
2
Location
Sulphur Springs, TX
Latest filing year
2023
Participants
318
End-of-year plan assets
$25,523,587

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023318H, C20240823112300NAL0006295249001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$25,523,587
Total liabilities (EOY)
$0
Net assets (EOY)
$25,523,587
Net assets (BOY)
$23,142,070

Income & contributions

Employer contributions
$565,614
Participant contributions
$914,289
Total contributions
$1,556,792
Total income / additions
$3,937,882

Expenses & distributions

Benefits paid
$1,473,490
Administrative expenses
$71,439
Total expenses
$1,556,365
Net increase / (decrease)
$2,381,517

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Blue Ridge Esop AssociatesTPA$0$11,6362023
Raymond JamesNONE$9,160not reported in the loaded dataset2023
Empower Annuity Insurance CoNONE$4,714$02023

Related Form 5500 pages