Cache Valley Bank Employee 401(K) Profit Sharing Plan — Form 5500 plan (Cache Valley 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, Cache Valley Bank Employee 401(K) Profit Sharing Plan is a benefit plan reported by Cache Valley Bank under EIN 87-0310100 and plan number 001. The latest loaded filing year is 2023. The filing reports 392 participants and $17,776,817 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Cache Valley Bank
- EIN
- 87-0310100
- Plan number
- 001
- Plan type
- 2
- Location
- Logan, UT
- Latest filing year
- 2023
- Participants
- 392
- End-of-year plan assets
- $17,776,817
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 392 | H, C | 20241015163825NAL0050485488001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $17,776,817
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $17,776,817
- Net assets (BOY)
- $14,433,419
Income & contributions
- Employer contributions
- $1,080,000
- Participant contributions
- $1,359,470
- Total contributions
- $2,582,478
- Total income / additions
- $4,917,326
Expenses & distributions
- Benefits paid
- $1,515,075
- Administrative expenses
- $58,853
- Total expenses
- $1,573,928
- Net increase / (decrease)
- $3,343,398
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Wells Fargo Advisors LLC | INVESTMENT ADVISOR | $31,124 | not reported in the loaded dataset | 2023 |
| Empower Annuity Insurance Company O | RECORDKEEPER | $12,100 | $0 | 2023 |
| Leafhouse Financial Advisors, LLC | OTHER | $7,968 | not reported in the loaded dataset | 2023 |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $7,661 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Cache Valley Bank
- 2023 Form 5500 filing
- Form 5500 filings in UT
- 401(k) and benefit plan filings in Logan, UT
- Wells Fargo Advisors LLC — Schedule C compensation
- Empower Annuity Insurance Company O — Schedule C compensation
- Leafhouse Financial Advisors, LLC — Schedule C compensation
- Empower Advisory Group, LLC — Schedule C compensation