2023 Form 5500 filing — Community Bancorp & Designated Subsidiaries Retirement Savings Plan
Plain-English filing 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, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240725100659NAL0009113219001) for Community Bancorp & Designated Subsidiaries Retirement Savings Plan, reported by Community National Bank under EIN 03-0288082 and plan number 002. It reports 174 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240725100659NAL0009113219001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Community National Bank
- EIN
- 03-0288082
- Plan number
- 002
- Location
- Newport, VT
- Participants
- 174
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $34,307,654
- Total liabilities (EOY)
- $3,259
- Net assets (EOY)
- $34,304,395
- Employer contributions
- $685,326
- Participant contributions
- $638,858
- Total income / additions
- $5,065,892
- Benefits paid
- $1,438,431
- Administrative expenses
- $2,092
- Total expenses
- $1,443,590
- Net increase / (decrease)
- $3,622,302
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Future Planning Associates, Inc. | NONE | $1,900 | not reported in the loaded dataset |