Cusb Bank 401(K) Profit Sharing Plan & Trust — Form 5500 plan (Cusb 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, Cusb Bank 401(K) Profit Sharing Plan & Trust is a benefit plan reported by Cusb Bank under EIN 42-0201590 and plan number 002. The latest loaded filing year is 2023. The filing reports 123 participants and $14,383,103 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Cusb Bank
- EIN
- 42-0201590
- Plan number
- 002
- Plan type
- 2
- Location
- Cresco, IA
- Latest filing year
- 2023
- Participants
- 123
- End-of-year plan assets
- $14,383,103
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 123 | H, C | 20240723163112NAL0006821731001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $14,383,103
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $14,383,103
- Net assets (BOY)
- $11,913,347
Income & contributions
- Employer contributions
- $554,006
- Participant contributions
- $493,345
- Total contributions
- $1,102,588
- Total income / additions
- $2,788,932
Expenses & distributions
- Benefits paid
- $282,164
- Administrative expenses
- $37,012
- Total expenses
- $319,176
- Net increase / (decrease)
- $2,469,756
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Global Retirement Partners LLC | INVESTMENT ADVISOR | $28,147 | not reported in the loaded dataset | 2023 |
| Empower Annuity Insurance Company O | RECORDKEEPER | $6,435 | $0 | 2023 |
| The Finway Group LLC | OTHER | $2,105 | not reported in the loaded dataset | 2023 |
| Cusb Bank | OTHER | $325 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Cusb Bank
- 2023 Form 5500 filing
- Form 5500 filings in IA
- 401(k) and benefit plan filings in Cresco, IA
- Global Retirement Partners LLC — Schedule C compensation
- Empower Annuity Insurance Company O — Schedule C compensation
- The Finway Group LLC — Schedule C compensation
- Cusb Bank — Schedule C compensation