Plan5500

Sba Cash Balance Pension Plan For Citizens & Farmers Bank — Form 5500 plan (Citizens & Farmers 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, Sba Cash Balance Pension Plan For Citizens & Farmers Bank is a benefit plan reported by Citizens & Farmers Bank under EIN 54-0169510 and plan number 001. The latest loaded filing year is 2023. The filing reports 364 participants and $19,588,944 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Citizens & Farmers Bank
EIN
54-0169510
Plan number
001
Plan type
2
Location
West Point, VA
Latest filing year
2023
Participants
364
End-of-year plan assets
$19,588,944

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023364H, C20240919152104NAL0003673379001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$19,588,944
Total liabilities (EOY)
$0
Net assets (EOY)
$19,588,944
Net assets (BOY)
$18,356,039

Income & contributions

Employer contributions
$0
Total contributions
$0
Total income / additions
$2,364,347

Expenses & distributions

Benefits paid
$1,087,350
Administrative expenses
$44,092
Total expenses
$1,131,442
Net increase / (decrease)
$1,232,905

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Sba Benefits CorporationMASTER TRUST SPONSOR$28,487not reported in the loaded dataset2023
Sageview Consulting GroupACTUARY$18,375not reported in the loaded dataset2023

Related Form 5500 pages