Community Bank 401k Profit Sharing Plan — Form 5500 plan (Community Bank)

Plain-English plan 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, Community Bank 401k Profit Sharing Plan is a benefit plan reported by Community Bank under EIN 25-0393033 and plan number 002. The latest loaded filing year is 2023. The filing reports 264 participants and $18,493,386 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Community Bank
EIN
25-0393033
Plan number
002
Plan type
2
Location
Waynesburg, PA
Latest filing year
2023
Participants
264
End-of-year plan assets
$18,493,386

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023264H, C20241007121125NAL0007557411001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$18,493,386
Total liabilities (EOY)
$34,182
Net assets (EOY)
$18,459,204
Net assets (BOY)
$18,376,130

Income & contributions

Employer contributions
$696,967
Participant contributions
$995,469
Total contributions
$1,692,436
Total income / additions
$4,471,298

Expenses & distributions

Benefits paid
$4,319,995
Administrative expenses
$68,229
Total expenses
$4,388,224
Net increase / (decrease)
$83,074

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Janney Montgomery Scott, LLCINVESTMENT ADVISOR$30,615not reported in the loaded dataset2023
Alerus Financial, N.A.TRUSTEE/ RECORDKEEPER$21,374$02023
Dunbar, Bender & Zapf, IncTHIRD PARTY ADMIN.$16,240not reported in the loaded dataset2023

Related Form 5500 pages