2023 Form 5500 filing — Community Bancshares Of Mississippi, Inc. Employee Stock Ownership 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 20240823094556NAL0003587491001) for Community Bancshares Of Mississippi, Inc. Employee Stock Ownership Plan, reported by Community Bancshares Of Mississippi, Inc. under EIN 64-0606241 and plan number 002. It reports 1,110 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240823094556NAL0003587491001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Community Bancshares Of Mississippi, Inc.
- EIN
- 64-0606241
- Plan number
- 002
- Location
- Flowood, MS
- Participants
- 1,110
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $80,926,488
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $80,926,488
- Employer contributions
- $1,372,679
- Total income / additions
- -$44,993
- Benefits paid
- $6,842,276
- Administrative expenses
- $182,462
- Total expenses
- $7,024,738
- Net increase / (decrease)
- -$7,069,731
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| First Horizon Bank | NONE | $153,175 | not reported in the loaded dataset |
| Forvis Mazars, Llp | NONE | $16,800 | not reported in the loaded dataset |
| Acuff & Associates, Inc. | NONE | $12,487 | not reported in the loaded dataset |