The Poca Valley Bank Ksop — Form 5500 plan (The Poca Valley Bankshares, 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, The Poca Valley Bank Ksop is a benefit plan reported by The Poca Valley Bankshares, Inc. under EIN 55-0727130 and plan number 002. The latest loaded filing year is 2023. The filing reports 155 participants and $13,492,577 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
The Poca Valley Bankshares, Inc.
EIN
55-0727130
Plan number
002
Plan type
2
Location
Walton, WV
Latest filing year
2023
Participants
155
End-of-year plan assets
$13,492,577

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023155H, C20250210125725NAL0009111027001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$13,492,577
Total liabilities (EOY)
$0
Net assets (EOY)
$13,492,577
Net assets (BOY)
$11,183,359

Income & contributions

Employer contributions
$403,819
Participant contributions
$561,533
Total contributions
$966,917
Total income / additions
$2,538,490

Expenses & distributions

Benefits paid
$236,215
Administrative expenses
-$6,943
Total expenses
$229,272
Net increase / (decrease)
$2,309,218

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Benefit Solutions IncCONTRACT ADMIN$0$3,7782023
Empower Advisory GroupRECORDKEEPER$592$02023
Empower Annuity Ins CoINVESTMENT MGMT$278not reported in the loaded dataset2023

Related Form 5500 pages