Kalamazoo County State Bank 401(K) Profit Sharing Plan — Form 5500 plan (Kalamazoo County State 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, Kalamazoo County State Bank 401(K) Profit Sharing Plan is a benefit plan reported by Kalamazoo County State Bank under EIN 38-0703470 and plan number 002. The latest loaded filing year is 2023. The filing reports 40 participants and $2,541,269 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Kalamazoo County State Bank
- EIN
- 38-0703470
- Plan number
- 002
- Plan type
- 2
- Location
- Schoolcraft, MI
- Latest filing year
- 2023
- Participants
- 40
- End-of-year plan assets
- $2,541,269
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 40 | I | 20240619064454NAL0008061058001 |
Reported financial statement (2023 · Schedule I)
Net assets
- Total assets (EOY)
- $2,541,269
- Net assets (EOY)
- $2,541,269
- Net assets (BOY)
- $3,000,671
Income & contributions
- Employer contributions
- $46,371
- Participant contributions
- $109,224
- Total income / additions
- $341,131
Expenses & distributions
- Benefits paid
- $793,071
- Administrative expenses
- $7,462
- Total expenses
- $800,533
- Net increase / (decrease)
- -$459,402
Service provider compensation (Schedule C)
No Schedule C service provider compensation is loaded for this plan yet.