Chesapeake Bancorp Esop With 401(K) Provisions — Form 5500 plan (Chesapeake Bancorp)

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, Chesapeake Bancorp Esop With 401(K) Provisions is a benefit plan reported by Chesapeake Bancorp under EIN 52-1731907 and plan number 001. The latest loaded filing year is 2023. The filing reports 31 participants and $5,824,165 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$5.8MPlan net assets, end of year$5,824,165
Participants31Covered participants reported
Assets / participant$187.9KComputed: assets ÷ participants$187,876 (computed)
Provider compensationNone reported
Plan sponsor
Chesapeake Bancorp
EIN
52-1731907
Plan number
001
Plan type
2
Location
Chestertown, MD
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
202331I20240711111739NAL0009291043001
Schedule I · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$5.8M total assets
Net assets$5.8MLiabilities
Money in vs. money out
Total income / additions$1.6M
Total expenses$426K
Benefits paid / distributions$426K
Contributions
Employer$108.9K
Participant$113.6K
Full reported line items

Net assets

Total assets (EOY)
$5,824,165
Net assets (EOY)
$5,824,165
Net assets (BOY)
$4,657,874

Income & contributions

Employer contributions
$108,915
Participant contributions
$113,553
Total income / additions
$1,592,319

Expenses & distributions

Benefits paid
$426,028
Total expenses
$426,028
Net increase / (decrease)
$1,166,291
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 49%Participant 51%
Total expenses ÷ net assets7%Computed ratio
Benefits paid ÷ total income27%Computed ratio

Service provider compensation (Schedule C)

No Schedule C service provider compensation is loaded for this plan yet.

Related Form 5500 pages