Plan5500

Central Bancshares, Inc. 401(K) Plan — Form 5500 plan (Central 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, Central Bancshares, Inc. 401(K) Plan is a benefit plan reported by Central Bancshares, Inc. under EIN 42-1153883 and plan number 002. The latest loaded filing year is 2023. The filing reports 351 participants and $38,068,977 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Central Bancshares, Inc.
EIN
42-1153883
Plan number
002
Plan type
2
Location
Muscatine, IA
Latest filing year
2023
Participants
351
End-of-year plan assets
$38,068,977

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023351H, C20241010140026NAL0020228913001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$38,068,977
Total liabilities (EOY)
$0
Net assets (EOY)
$38,068,977
Net assets (BOY)
$31,897,737

Income & contributions

Employer contributions
$992,184
Participant contributions
$1,220,198
Total contributions
$2,309,564
Total income / additions
$7,997,670

Expenses & distributions

Benefits paid
$1,742,722
Administrative expenses
$72,424
Total expenses
$1,826,430
Net increase / (decrease)
$6,171,240

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Bankers Trust CompanyNONE$72,424$02023

Related Form 5500 pages