2023 Form 5500 filing — Countybank 401(K) 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 20240731153057NAL0022568209001) for Countybank 401(K) Plan, reported by Countybank under EIN 57-0147610 and plan number 002. It reports 185 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

Form 5500 2 · 2023

Filing snapshot

Net assets (EOY)$26MReported net assets$26,008,767
Participants185
Provider compensation$54.6K2 Schedule C row(s)$54,621
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20240731153057NAL0022568209001
Plan sponsor
Countybank
EIN
57-0147610
Plan number
002
Location
Greenwood, SC
Received date
not reported in the loaded dataset
Schedule H · 2023

Reported financial snapshot

Reported figures as filed, in whole dollars. Only fields the filing reports are shown.

Reported balance (end of year)$26M total assets
Net assets$26MLiabilities$0
Money in vs. money out
Total income / additions$6.4M
Total expenses$1.1M
Benefits paid / distributions$1M
Contributions
Employer$778.2K
Participant$1.2M
Full reported line items
Total assets (EOY)
$26,008,767
Total liabilities (EOY)
$0
Net assets (EOY)
$26,008,767
Employer contributions
$778,153
Participant contributions
$1,195,201
Total income / additions
$6,448,020
Benefits paid
$1,011,226
Administrative expenses
$48,386
Total expenses
$1,071,649
Net increase / (decrease)
$5,376,371

Reported service provider compensation (Schedule C)

Compensation reported on the 2023 filing
ProviderServiceDirect comp.Indirect comp.
Pentegra Services Inc.RECORDKEEPER$48,127$0
Empower Annuity Insurance CoCONTRACTOR ADMINISTRATOR$6,494$0

Related Form 5500 pages