2023 Form 5500 filing — Chambers Bancshares, Inc. Employee Benefit 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 20241217141404NAL0002170385001) for Chambers Bancshares, Inc. Employee Benefit Plan, reported by Chambers Bancshares, Inc. under EIN 71-0644790 and plan number 502. It reports 205 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)-$60.8KReported net assets-$60,822
Participants205
Provider compensation$73K1 Schedule C row(s)$73,022
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20241217141404NAL0002170385001
Plan sponsor
Chambers Bancshares, Inc.
EIN
71-0644790
Plan number
502
Location
Danville, AR
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.

Money in vs. money out
Total income / additions$565.8K
Total expenses$1.8M
Benefits paid / distributions$1.7M
Contributions
Employer$170.3K
Participant$395.5K
Full reported line items
Total assets (EOY)
$0
Total liabilities (EOY)
$60,822
Net assets (EOY)
-$60,822
Employer contributions
$170,301
Participant contributions
$395,548
Total income / additions
$565,849
Benefits paid
$1,687,375
Administrative expenses
$77,648
Total expenses
$1,765,023
Net increase / (decrease)
-$1,199,174

Reported service provider compensation (Schedule C)

Compensation reported on the 2023 filing
ProviderServiceDirect comp.Indirect comp.
Usable Mutual Insurance Dba Blueadvnot reported in the loaded dataset$73,022not reported in the loaded dataset

Related Form 5500 pages