Community Bancshares, Inc. Employee Stock Ownership Plan — Form 5500 plan (Community 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, Community Bancshares, Inc. Employee Stock Ownership Plan is a benefit plan reported by Community Bancshares, Inc. under EIN 43-1218711 and plan number 003. The latest loaded filing year is 2023. The filing reports 199 participants and $27,041,582 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Community Bancshares, Inc.
EIN
43-1218711
Plan number
003
Plan type
2
Location
Neosho, MO
Latest filing year
2023
Participants
199
End-of-year plan assets
$27,041,582

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023199H, C20241011141351NAL0012579171001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$27,041,582
Total liabilities (EOY)
$13,520,009
Net assets (EOY)
$13,521,573
Net assets (BOY)
$12,918,696

Income & contributions

Employer contributions
$533,993
Participant contributions
$188,169
Total contributions
$724,591
Total income / additions
$2,409,444

Expenses & distributions

Benefits paid
$1,710,184
Administrative expenses
$31,506
Total expenses
$1,806,567
Net increase / (decrease)
$602,877

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Argent Trust CompanyTRUSTEE$8,064not reported in the loaded dataset2023
Blue Ridge Esop AssociatesRECORD KEEPER$6,972not reported in the loaded dataset2023
Newport GroupRECORD KEEPER$4,306not reported in the loaded dataset2023
Forvis, LlpACCOUNTANT$0not reported in the loaded dataset2023

Related Form 5500 pages