2023 Form 5500 filing — Cumberland Valley Financial Corporation Savings & Retirement 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 20240918143341NAL0004474353001) for Cumberland Valley Financial Corporation Savings & Retirement Plan, reported by Cumberland Valley National Bank under EIN 61-1023207 and plan number 002. It reports 177 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
Form 5500 2 · 2023
Filing snapshot
Net assets (EOY)$14.5MReported net assets$14,487,200
Participants177
Provider compensation$3.8K2 Schedule C row(s)$3,812
Schedules filedSchedule H, Schedule CLoaded schedules
- EFAST2 acknowledgement
- 20240918143341NAL0004474353001
- Plan sponsor
- Cumberland Valley National Bank
- EIN
- 61-1023207
- Plan number
- 002
- Location
- London, KY
- Received date
- not reported in the loaded dataset
Schedule H · 2023
Reported financial snapshot
Reported figures as filed, in whole dollars. Only fields the filing reports are shown.
Reported balance (end of year)$14.5M total assets
Net assets$14.5MLiabilities$0
Full reported line items
- Total assets (EOY)
- $14,487,200
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $14,487,200
- Employer contributions
- $319,423
- Participant contributions
- $552,763
- Total income / additions
- $2,631,386
- Benefits paid
- $666,002
- Administrative expenses
- $3,812
- Total expenses
- $669,814
- Net increase / (decrease)
- $1,961,572
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Empower Annuity Insurance Company | RECORDKEEPER | $2,200 | $0 |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $1,612 | not reported in the loaded dataset |