2023 Form 5500 filing — Hometown Bank Of Corbin, Inc. 401(K) Plan

Plain-English filing 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, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240514100715NAL0020680307001) for Hometown Bank Of Corbin, Inc. 401(K) Plan, reported by Hometown Bank Of Corbin, Inc. under EIN 61-1353577 and plan number 001. It reports 73 participants. Attached schedules in the loaded dataset include Schedule I (small plan financials).

EFAST2 acknowledgement
20240514100715NAL0020680307001
Filing year
2023
Form type
2
Plan sponsor
Hometown Bank Of Corbin, Inc.
EIN
61-1353577
Plan number
001
Location
Corbin, KY
Participants
73
Schedules available
Schedule I
Received date
not reported in the loaded dataset

Reported financial snapshot (2023)

Total assets (EOY)
$4,985,063
Total liabilities (EOY)
$0
Net assets (EOY)
$4,985,063
Employer contributions
$108,811
Participant contributions
$177,339
Total income / additions
$928,336
Benefits paid
$433,139
Administrative expenses
$6,607
Total expenses
$439,746
Net increase / (decrease)
$488,590
Schedule source
Schedule I

Related Form 5500 pages