Cullman Savings Bank Employee Stock Ownership Plan — Form 5500 plan (Cullman Savings 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, Cullman Savings Bank Employee Stock Ownership Plan is a benefit plan reported by Cullman Savings Bank under EIN 63-0052835 and plan number 002. The latest loaded filing year is 2023. The filing reports 51 participants and $10,656,061 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Cullman Savings Bank
- EIN
- 63-0052835
- Plan number
- 002
- Plan type
- 2
- Location
- Cullman, AL
- Latest filing year
- 2023
- Participants
- 51
- End-of-year plan assets
- $10,656,061
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 51 | I | 20240906105820NAL0001820578001 |
Reported financial statement (2023 · Schedule I)
Net assets
- Total assets (EOY)
- $10,656,061
- Total liabilities (EOY)
- $2,671,540
- Net assets (EOY)
- $7,984,521
- Net assets (BOY)
- $8,534,074
Income & contributions
- Employer contributions
- $233,810
- Participant contributions
- $0
- Total income / additions
- -$360,557
Expenses & distributions
- Benefits paid
- $96,143
- Administrative expenses
- $0
- Total expenses
- $188,996
- Net increase / (decrease)
- -$549,553
Service provider compensation (Schedule C)
No Schedule C service provider compensation is loaded for this plan yet.