Who sponsors the Hometown Bancshares, Inc. 401(K) Profit Sharing Plan & Trust?

Hometown Bancshares, Inc. 401(K) Profit Sharing Plan & Trust is reported as sponsored by Hometown Bancshares, Inc. (EIN 55-0757685, plan number 001) in public Form 5500 filings.

What is the most recent Form 5500 filing year for Hometown Bancshares, Inc. 401(K) Profit Sharing Plan & Trust?

The latest Form 5500 filing year loaded for Hometown Bancshares, Inc. 401(K) Profit Sharing Plan & Trust is 2023.

How many participants does Hometown Bancshares, Inc. 401(K) Profit Sharing Plan & Trust report?

Hometown Bancshares, Inc. 401(K) Profit Sharing Plan & Trust reports 97 participants in its latest loaded Form 5500 filing.

What are the reported plan assets for Hometown Bancshares, Inc. 401(K) Profit Sharing Plan & Trust?

Hometown Bancshares, Inc. 401(K) Profit Sharing Plan & Trust reports $7,872,986 in end-of-year plan assets in its latest loaded Form 5500 filing.

Hometown Bancshares, Inc. 401(K) Profit Sharing Plan & Trust — Form 5500 plan (Hometown 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, Hometown Bancshares, Inc. 401(K) Profit Sharing Plan & Trust is a benefit plan reported by Hometown Bancshares, Inc. under EIN 55-0757685 and plan number 001. The latest loaded filing year is 2023. The filing reports 97 participants and $7,872,986 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$6.9MPlan net assets, end of year$6,879,768

Participants97Covered participants reported

Assets / participant$81.2KComputed: assets ÷ participants$81,165 (computed)

Provider compensationNone reported

Plan sponsor: Hometown Bancshares, Inc.
EIN: 55-0757685
Plan number: 001
Plan type: 2
Location: Middlebourne, WV
Latest filing year: 2023

How to read this plan profile

Net assets = total assets minus total liabilities, end of year (Schedule H/I).
Assets / participant is computed (assets ÷ reported participants) — a ratio, not a filed figure.
Schedule chips (Sch H / I / C) show which schedules each filing includes.
Fields a filing did not report are labeled not reported in the loaded dataset — never estimated.
Figures are reported as filed, in whole dollars; verify against the official DOL/EBSA record before relying on them.

EFAST2 filings

Form 5500 filing history

Each loaded annual filing for this plan. Open one for its full reported snapshot.

2023
97 participants · 2Sch I
View filing →

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)$7.9M total assets

Net assets$6.9MLiabilities$993.2K

Money in vs. money out

Total income / additions$1.3M

Total expenses$1.7M

Benefits paid / distributions$1.6M

Contributions

Employer$241.7K

Participant$149K

Full reported line items

Net assets

Total assets (EOY): $7,872,986
Total liabilities (EOY): $993,218
Net assets (EOY): $6,879,768
Net assets (BOY): $7,261,628

Income & contributions

Employer contributions: $241,685
Participant contributions: $149,015
Total income / additions: $1,273,860

Expenses & distributions

Benefits paid: $1,612,988
Total expenses: $1,655,720
Net increase / (decrease): -$381,860

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)

62%38%

Employer 62%Participant 38%

Total expenses ÷ net assets24%Computed ratio

Benefits paid ÷ total income127%Computed ratio

Schedule C

Service provider compensation

Reported direct + indirect compensation per provider, ranked. Bars show relative scale.

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

What to inspect next

Frequently asked questions

Who sponsors the Hometown Bancshares, Inc. 401(K) Profit Sharing Plan & Trust?: Hometown Bancshares, Inc. 401(K) Profit Sharing Plan & Trust is reported as sponsored by Hometown Bancshares, Inc. (EIN 55-0757685, plan number 001) in public Form 5500 filings.
What is the most recent Form 5500 filing year for Hometown Bancshares, Inc. 401(K) Profit Sharing Plan & Trust?: The latest Form 5500 filing year loaded for Hometown Bancshares, Inc. 401(K) Profit Sharing Plan & Trust is 2023.
How many participants does Hometown Bancshares, Inc. 401(K) Profit Sharing Plan & Trust report?: Hometown Bancshares, Inc. 401(K) Profit Sharing Plan & Trust reports 97 participants in its latest loaded Form 5500 filing.
What are the reported plan assets for Hometown Bancshares, Inc. 401(K) Profit Sharing Plan & Trust?: Hometown Bancshares, Inc. 401(K) Profit Sharing Plan & Trust reports $7,872,986 in end-of-year plan assets in its latest loaded Form 5500 filing.

Form 5500 terms, in plain English

Form 5500: The annual report most U.S. employee benefit plans file with the Department of Labor through the EFAST2 system. It documents the plan sponsor, participants, finances, and service-provider compensation.
Schedule H: The financial statement for larger plans (generally 100+ participants): assets, liabilities, net assets, income, expenses, and the net change.
Schedule I: The condensed financial statement for smaller plans, covering the same kinds of figures in less detail.
Schedule C: Reports compensation paid to the plan’s service providers — both direct and indirect.
Net assets: Total assets minus total liabilities at the end of the year — what the plan holds for participants.
Employer / participant contributions: Money contributed to the plan by the employer and by participants during the year.

Figures are reported as filed and may contain errors or omissions. Verify against the official DOL/EBSA record before relying on any value.