Professional Bank 401(k) Plan

Form 5500 filing data for plan year 2024.

Plan Snapshot

  • Plan Sponsor: Professional Bank
  • Sponsor EIN: 262155465
  • Sponsor Address: 396 ALHAMBRA CIRCLE, CORAL GABLES, FL, 33134
  • Plan Type: 401(k)
  • Plan Number: 002
  • Total Participants: 0
  • Total Assets: $1,255

Key Plan Design Features

  • Auto-Enrollment: Yes
  • Auto-Escalation: No
  • Allows Roth Contributions: No
  • Participant Loans: No
  • Participant-Directed Investments: Yes
  • ERISA Section 404(c) Fiduciary Safe Harbor: Yes

Plan Financials by Year

YearParticipantsTotal AssetsEmployer Contrib.Employee Contrib.
20240$1,255$0$0
2023222$18,133$60,262$123,734
2022187$10.0M$731,075$1.4M

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