2023 Form 5500 filing — Community Bancshares, Inc. Employee Stock Ownership 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 20241011141351NAL0012579171001) for Community Bancshares, Inc. Employee Stock Ownership Plan, reported by Community Bancshares, Inc. under EIN 43-1218711 and plan number 003. It reports 199 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)$13.5MReported net assets$13,521,573
Participants199
Provider compensation$19.3K4 Schedule C row(s)$19,342
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20241011141351NAL0012579171001
Plan sponsor
Community Bancshares, Inc.
EIN
43-1218711
Plan number
003
Location
Neosho, MO
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)$27M total assets
Net assets$13.5MLiabilities$13.5M
Money in vs. money out
Total income / additions$2.4M
Total expenses$1.8M
Benefits paid / distributions$1.7M
Contributions
Employer$534K
Participant$188.2K
Full reported line items
Total assets (EOY)
$27,041,582
Total liabilities (EOY)
$13,520,009
Net assets (EOY)
$13,521,573
Employer contributions
$533,993
Participant contributions
$188,169
Total income / additions
$2,409,444
Benefits paid
$1,710,184
Administrative expenses
$31,506
Total expenses
$1,806,567
Net increase / (decrease)
$602,877

Reported service provider compensation (Schedule C)

Compensation reported on the 2023 filing
ProviderServiceDirect comp.Indirect comp.
Argent Trust CompanyTRUSTEE$8,064not reported in the loaded dataset
Blue Ridge Esop AssociatesRECORD KEEPER$6,972not reported in the loaded dataset
Newport GroupRECORD KEEPER$4,306not reported in the loaded dataset
Forvis, LlpACCOUNTANT$0not reported in the loaded dataset

Related Form 5500 pages