Cedar Valley Bankshares, Ltd Profit Sharing And — Form 5500 plan (Cedar Valley Bankshares, Ltd.)

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, Cedar Valley Bankshares, Ltd Profit Sharing And is a benefit plan reported by Cedar Valley Bankshares, Ltd. under EIN 42-1185784 and plan number 002. The latest loaded filing year is 2023. The filing reports 182 participants and $15,211,639 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Cedar Valley Bankshares, Ltd.
EIN
42-1185784
Plan number
002
Plan type
2
Location
Charles City, IA
Latest filing year
2023
Participants
182
End-of-year plan assets
$15,211,639

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023182H, C20241014160230NAL0027806673001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$15,211,639
Total liabilities (EOY)
$19,406
Net assets (EOY)
$15,192,233
Net assets (BOY)
$16,708,958

Income & contributions

Employer contributions
$240,570
Participant contributions
$485,919
Total contributions
$744,566
Total income / additions
$2,625,416

Expenses & distributions

Benefits paid
$4,054,024
Administrative expenses
$60,189
Total expenses
$4,142,141
Net increase / (decrease)
-$1,516,725

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Merrill Lynch, Pierce, Fenner And SRECORDKEEPER$60,289$02023

Related Form 5500 pages