Community Bancshares, Inc. 401(K) Savings Plan & T — Form 5500 plan (Community Bancshares, Inc.)

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 Bancshares, Inc. 401(K) Savings Plan & T is a benefit plan reported by Community Bancshares, Inc. under EIN 31-1002504 and plan number 002. The latest loaded filing year is 2023. The filing reports 268 participants and $20,497,424 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Community Bancshares, Inc.
EIN
31-1002504
Plan number
002
Plan type
2
Location
Mcarthur, OH
Latest filing year
2023
Participants
268
End-of-year plan assets
$20,497,424

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023268H, C20241004074913NAL0005500115001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$20,497,424
Total liabilities (EOY)
$0
Net assets (EOY)
$20,497,424
Net assets (BOY)
$17,500,523

Income & contributions

Employer contributions
$490,285
Participant contributions
$898,246
Total contributions
$1,413,632
Total income / additions
$4,699,604

Expenses & distributions

Benefits paid
$1,656,785
Administrative expenses
$45,918
Total expenses
$1,702,703
Net increase / (decrease)
$2,996,901

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Edward JonesINVESTMENT ADVISOR$45,918not reported in the loaded dataset2023
Trinity Pension ConsultantsCONTRACT ADMIN$3,060not reported in the loaded dataset2023
Capital Group Retirement Plan ServiRECORDKEEPER$850$02023

Related Form 5500 pages