Citizens Bank Of West Virginia Defined Benefit Pension Plan — Form 5500 plan (Citizens Bank Of West Virginia)
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, Citizens Bank Of West Virginia Defined Benefit Pension Plan is a benefit plan reported by Citizens Bank Of West Virginia under EIN 55-0143730 and plan number 001. The latest loaded filing year is 2023. The filing reports 122 participants and $5,566,505 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Citizens Bank Of West Virginia
- EIN
- 55-0143730
- Plan number
- 001
- Plan type
- 2
- Location
- Elkins, WV
- Latest filing year
- 2023
- Participants
- 122
- End-of-year plan assets
- $5,566,505
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 122 | H, C | 20250812112118NAL0007927761001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $5,566,505
- Net assets (EOY)
- $5,566,505
- Net assets (BOY)
- $5,284,725
Income & contributions
- Employer contributions
- $144,700
- Total contributions
- $144,700
- Total income / additions
- $1,216,199
Expenses & distributions
- Benefits paid
- $818,793
- Administrative expenses
- $115,626
- Total expenses
- $934,419
- Net increase / (decrease)
- $281,780
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Usi Consulting Group | NONE | $18,206 | not reported in the loaded dataset | 2023 |
| Morgan Stanley | NONE | $12,142 | not reported in the loaded dataset | 2023 |
| Metro Benefits, Inc. | NONE | $11,622 | not reported in the loaded dataset | 2023 |