Happy Bancshares, Inc.401(k) + ESOP (KSOP)
HAPPY BANCSHARES, INC. EMPLOYEE STOCK OWNERSHIP PLAN WITH 401(K) PROVISIONS · AMARILLO, TX · plan year 2022
Plan assets · 2022
$0
Happy Bancshares, Inc.'s 2022 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $0 across 0 participant accounts. See methodology for what Form 5500 does and doesn't capture.
In 2022, employees put in $1.27 for every $1.00 the employer contributed.
Plan summary
Net assets, end of year$0
Participants with balances0
Active participants0
Employer contributions$984,115
Employee contributions$1,247,617
Employer contribution per active participant—
Average account balance—
Benefits paid to participants$99,895,479
Plan auditUnmodified (clean) audit opinion
AuditorFORVIS, LLP
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$252,361
Investment management$54,498
Total administrative$306,859
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Source: U.S. Department of Labor, Form 5500 series, EIN 752345300 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.