2023 Form 5500 filing — Community National Bank 401k 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 20241009163828NAL0037714546001) for Community National Bank 401k Plan, reported by Community National Bank under EIN 75-1829272 and plan number 002. It reports 306 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241009163828NAL0037714546001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Community National Bank
- EIN
- 75-1829272
- Plan number
- 002
- Location
- Midland, TX
- Participants
- 306
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $26,709,251
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $26,709,251
- Employer contributions
- $697,910
- Participant contributions
- $1,051,032
- Total income / additions
- $5,408,964
- Benefits paid
- $1,352,510
- Administrative expenses
- $103,901
- Total expenses
- $1,463,010
- Net increase / (decrease)
- $3,945,954
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Empower Advisory Group LLC | N/A | $45,155 | not reported in the loaded dataset |
| Raymond James Financial Services | N/A | $39,292 | not reported in the loaded dataset |
| Pentec Pension Mgmt | N/A | $8,167 | $10,000 |
| Empower Annuity Ins Co Of America | N/A | $13,212 | $0 |