2023 Form 5500 filing — The Poca Valley Bank Ksop
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 20250210125725NAL0009111027001) for The Poca Valley Bank Ksop, reported by The Poca Valley Bankshares, Inc. under EIN 55-0727130 and plan number 002. It reports 155 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20250210125725NAL0009111027001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- The Poca Valley Bankshares, Inc.
- EIN
- 55-0727130
- Plan number
- 002
- Location
- Walton, WV
- Participants
- 155
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $13,492,577
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $13,492,577
- Employer contributions
- $403,819
- Participant contributions
- $561,533
- Total income / additions
- $2,538,490
- Benefits paid
- $236,215
- Administrative expenses
- -$6,943
- Total expenses
- $229,272
- Net increase / (decrease)
- $2,309,218
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Benefit Solutions Inc | CONTRACT ADMIN | $0 | $3,778 |
| Empower Advisory Group | RECORDKEEPER | $592 | $0 |
| Empower Annuity Ins Co | INVESTMENT MGMT | $278 | not reported in the loaded dataset |