2023 Form 5500 filing — Community Bank Of The Chesapeake 401k Plan & Trust
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 20241202125801NAL0003026448001) for Community Bank Of The Chesapeake 401k Plan & Trust, reported by Community Bank Of The Chesapeake under EIN 52-0692188 and plan number 002. It reports 218 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241202125801NAL0003026448001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Community Bank Of The Chesapeake
- EIN
- 52-0692188
- Plan number
- 002
- Location
- Waldorf, MD
- Participants
- 218
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $0
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $0
- Employer contributions
- $308,390
- Participant contributions
- $765,260
- Total income / additions
- $3,666,932
- Benefits paid
- $3,885,275
- Administrative expenses
- $49,322
- Total expenses
- $3,952,532
- Net increase / (decrease)
- -$285,600
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Kestra Advisory Services | INVESTMENT/FINANCIAL ADVI | $31,428 | $0 |
| Adp, Inc. | RECORD KEEPER | $17,893 | $0 |