2023 Form 5500 filing — Community Bancshares, Inc. 401(K) Savings Plan & T
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 20241004074913NAL0005500115001) for Community Bancshares, Inc. 401(K) Savings Plan & T, reported by Community Bancshares, Inc. under EIN 31-1002504 and plan number 002. It reports 268 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241004074913NAL0005500115001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Community Bancshares, Inc.
- EIN
- 31-1002504
- Plan number
- 002
- Location
- Mcarthur, OH
- Participants
- 268
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $20,497,424
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $20,497,424
- Employer contributions
- $490,285
- Participant contributions
- $898,246
- Total income / additions
- $4,699,604
- Benefits paid
- $1,656,785
- Administrative expenses
- $45,918
- Total expenses
- $1,702,703
- Net increase / (decrease)
- $2,996,901
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Edward Jones | INVESTMENT ADVISOR | $45,918 | not reported in the loaded dataset |
| Trinity Pension Consultants | CONTRACT ADMIN | $3,060 | not reported in the loaded dataset |
| Capital Group Retirement Plan Servi | RECORDKEEPER | $850 | $0 |