2023 Form 5500 filing — Cusb Bank 401(K) Profit Sharing Plan & Trust
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 20240723163112NAL0006821731001) for Cusb Bank 401(K) Profit Sharing Plan & Trust, reported by Cusb Bank under EIN 42-0201590 and plan number 002. It reports 123 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240723163112NAL0006821731001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Cusb Bank
- EIN
- 42-0201590
- Plan number
- 002
- Location
- Cresco, IA
- Participants
- 123
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $14,383,103
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $14,383,103
- Employer contributions
- $554,006
- Participant contributions
- $493,345
- Total income / additions
- $2,788,932
- Benefits paid
- $282,164
- Administrative expenses
- $37,012
- Total expenses
- $319,176
- Net increase / (decrease)
- $2,469,756
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Global Retirement Partners LLC | INVESTMENT ADVISOR | $28,147 | not reported in the loaded dataset |
| Empower Annuity Insurance Company O | RECORDKEEPER | $6,435 | $0 |
| The Finway Group LLC | OTHER | $2,105 | not reported in the loaded dataset |
| Cusb Bank | OTHER | $325 | not reported in the loaded dataset |