2023 Form 5500 filing — Sba Cash Balance Pension Plan For Citizens & Farmers Bank
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 20240919152104NAL0003673379001) for Sba Cash Balance Pension Plan For Citizens & Farmers Bank, reported by Citizens & Farmers Bank under EIN 54-0169510 and plan number 001. It reports 364 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240919152104NAL0003673379001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Citizens & Farmers Bank
- EIN
- 54-0169510
- Plan number
- 001
- Location
- West Point, VA
- Participants
- 364
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $19,588,944
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $19,588,944
- Employer contributions
- $0
- Total income / additions
- $2,364,347
- Benefits paid
- $1,087,350
- Administrative expenses
- $44,092
- Total expenses
- $1,131,442
- Net increase / (decrease)
- $1,232,905
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Sba Benefits Corporation | MASTER TRUST SPONSOR | $28,487 | not reported in the loaded dataset |
| Sageview Consulting Group | ACTUARY | $18,375 | not reported in the loaded dataset |