Plan5500

Central Retirement Savings Plan & Trust Agreement — 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 Retirement Savings Plan & Trust Agreement is a benefit plan reported by Central Bancshares, Inc. under EIN 61-1247980 and plan number 003. The latest loaded filing year is 2023. The filing reports 627 participants and $96,948,156 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$96.9MPlan net assets, end of year$96,948,156
Participants627Covered participants reported
Assets / participant$154.6KComputed: assets ÷ participants$154,622 (computed)
Provider compensation$54.8K3 Schedule C provider row(s)$54,762
Plan sponsor
Central Bancshares, Inc.
EIN
61-1247980
Plan number
003
Plan type
2
Location
Lexington, KY
Latest filing year
2023
EFAST2 filings

Form 5500 filing history

Each loaded annual filing for this plan. Open one for its full reported snapshot.

  1. 2023
    627 participants · 2Sch HSch C
    View filing →
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$96.9M total assets
Net assets$96.9MLiabilities—
Money in vs. money out
Total income / additions$20.2M
Total expenses$3.5M
Benefits paid / distributions$3.5M
Contributions
Employer$2M
Participant$3.2M
Full reported line items

Net assets

Total assets (EOY)
$96,948,156
Net assets (EOY)
$96,948,156
Net assets (BOY)
$80,262,219

Income & contributions

Employer contributions
$1,994,029
Participant contributions
$3,233,086
Total contributions
$5,975,094
Total income / additions
$20,191,781

Expenses & distributions

Benefits paid
$3,491,796
Administrative expenses
$14,048
Total expenses
$3,505,844
Net increase / (decrease)
$16,685,937
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 38%Participant 62%
Total expenses ÷ net assets4%Computed ratio
Benefits paid ÷ total income17%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Schedule C

Service provider compensation

Reported direct + indirect compensation per provider, ranked. Bars show relative scale.

  1. 1
    Mcgregor & Assoc Inc$42.8K
    THIRD PARTY ADMINISTRATOR · Direct $0 · Indirect $42.8K
  2. 2
    Rfh$12K
    SERVICE PROVIDER · Direct $12K · Indirect $0
  3. 3
    Voya Retirement Insurance And Annui$0
    SERVICE PROVIDER

Related Form 5500 pages