2023 Form 5500 filing — Carroll County Bancshares, Inc. Employee Stock Ownership Plan (With 401(K) Provisions)
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 20251007192250NAL0005194305001) for Carroll County Bancshares, Inc. Employee Stock Ownership Plan (With 401(K) Provisions), reported by Carroll County Bancshares, Inc. under EIN 42-1113591 and plan number 001. It reports 262 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)$35.7MReported net assets$35,686,634
Participants262
Provider compensation$79.7K3 Schedule C row(s)$79,717
Schedules filedSchedule H, Schedule CLoaded schedules
- EFAST2 acknowledgement
- 20251007192250NAL0005194305001
- Plan sponsor
- Carroll County Bancshares, Inc.
- EIN
- 42-1113591
- Plan number
- 001
- Location
- Carroll, IA
- 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)$36.5M total assets
Net assets$35.7MLiabilities$822.5K
Full reported line items
- Total assets (EOY)
- $36,509,134
- Total liabilities (EOY)
- $822,500
- Net assets (EOY)
- $35,686,634
- Employer contributions
- $1,311,904
- Participant contributions
- $1,302,796
- Total income / additions
- $3,787,476
- Benefits paid
- $2,218,157
- Administrative expenses
- $55,313
- Total expenses
- $2,308,213
- Net increase / (decrease)
- $1,479,263
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $54,204 | $0 |
| Ifp Insurance Group, LLC | INVESTMENT ADVISORY | $0 | $24,418 |
| Nationwide | INVESTMENT MANAGEMENT | $1,095 | not reported in the loaded dataset |