2023 Form 5500 filing — Cedar Valley Bankshares, Ltd Profit Sharing And

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 20241014160230NAL0027806673001) for Cedar Valley Bankshares, Ltd Profit Sharing And, reported by Cedar Valley Bankshares, Ltd. under EIN 42-1185784 and plan number 002. It reports 182 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

EFAST2 acknowledgement
20241014160230NAL0027806673001
Filing year
2023
Form type
2
Plan sponsor
Cedar Valley Bankshares, Ltd.
EIN
42-1185784
Plan number
002
Location
Charles City, IA
Participants
182
Schedules available
Schedule H, Schedule C
Received date
not reported in the loaded dataset

Reported financial snapshot (2023)

Total assets (EOY)
$15,211,639
Total liabilities (EOY)
$19,406
Net assets (EOY)
$15,192,233
Employer contributions
$240,570
Participant contributions
$485,919
Total income / additions
$2,625,416
Benefits paid
$4,054,024
Administrative expenses
$60,189
Total expenses
$4,142,141
Net increase / (decrease)
-$1,516,725
Schedule source
Schedule H

Reported service provider compensation (Schedule C)

Compensation reported on the 2023 filing
ProviderServiceDirect comp.Indirect comp.
Merrill Lynch, Pierce, Fenner And SRECORDKEEPER$60,289$0

Related Form 5500 pages