Plan5500

Carroll County Bancshares, Inc. Employee Stock Ownership Plan (With 401(K) Provisions) — Form 5500 plan (Carroll County Bancshares, Inc.)

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, Carroll County Bancshares, Inc. Employee Stock Ownership Plan (With 401(K) Provisions) is a benefit plan reported by Carroll County Bancshares, Inc. under EIN 42-1113591 and plan number 001. The latest loaded filing year is 2023. The filing reports 262 participants and $36,509,134 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Carroll County Bancshares, Inc.
EIN
42-1113591
Plan number
001
Plan type
2
Location
Carroll, IA
Latest filing year
2023
Participants
262
End-of-year plan assets
$36,509,134

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023262H, C20251007192250NAL0005194305001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$36,509,134
Total liabilities (EOY)
$822,500
Net assets (EOY)
$35,686,634
Net assets (BOY)
$34,207,371

Income & contributions

Employer contributions
$1,311,904
Participant contributions
$1,302,796
Total contributions
$2,758,370
Total income / additions
$3,787,476

Expenses & distributions

Benefits paid
$2,218,157
Administrative expenses
$55,313
Total expenses
$2,308,213
Net increase / (decrease)
$1,479,263

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$54,204$02023
Ifp Insurance Group, LLCINVESTMENT ADVISORY$0$24,4182023
NationwideINVESTMENT MANAGEMENT$1,095not reported in the loaded dataset2023

Related Form 5500 pages