Community Bancorp & Designated Subsidiaries Retirement Savings Plan — Form 5500 plan (Community National Bank)
Plain-English plan 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, Community Bancorp & Designated Subsidiaries Retirement Savings Plan is a benefit plan reported by Community National Bank under EIN 03-0288082 and plan number 002. The latest loaded filing year is 2023. The filing reports 174 participants and $34,307,654 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Community National Bank
- EIN
- 03-0288082
- Plan number
- 002
- Plan type
- 2
- Location
- Newport, VT
- Latest filing year
- 2023
- Participants
- 174
- End-of-year plan assets
- $34,307,654
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 174 | H, C | 20240725100659NAL0009113219001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $34,307,654
- Total liabilities (EOY)
- $3,259
- Net assets (EOY)
- $34,304,395
- Net assets (BOY)
- $30,682,093
Income & contributions
- Employer contributions
- $685,326
- Participant contributions
- $638,858
- Total contributions
- $1,324,184
- Total income / additions
- $5,065,892
Expenses & distributions
- Benefits paid
- $1,438,431
- Administrative expenses
- $2,092
- Total expenses
- $1,443,590
- Net increase / (decrease)
- $3,622,302
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Future Planning Associates, Inc. | NONE | $1,900 | not reported in the loaded dataset | 2023 |