County Bank 401(K) Employee Stock Ownership Plan — Form 5500 plan (County 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, County Bank 401(K) Employee Stock Ownership Plan is a benefit plan reported by County Bank under EIN 51-0317446 and plan number 001. The latest loaded filing year is 2023. The filing reports 113 participants and $10,585,589 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- County Bank
- EIN
- 51-0317446
- Plan number
- 001
- Plan type
- 2
- Location
- Rehoboth Beach, DE
- Latest filing year
- 2023
- Participants
- 113
- End-of-year plan assets
- $10,585,589
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 113 | H, C | 20240821084347NAL0006622896001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $10,585,589
- Total liabilities (EOY)
- $1,100
- Net assets (EOY)
- $10,584,489
- Net assets (BOY)
- $9,639,898
Income & contributions
- Employer contributions
- $138,447
- Participant contributions
- $505,871
- Total contributions
- $644,318
- Total income / additions
- $1,960,165
Expenses & distributions
- Benefits paid
- $986,699
- Administrative expenses
- $25,585
- Total expenses
- $1,015,574
- Net increase / (decrease)
- $944,591
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Pentegra Services, Inc. | NONE | $25,585 | not reported in the loaded dataset | 2023 |