Countybank 401(K) Plan — Form 5500 plan (Countybank)
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, Countybank 401(K) Plan is a benefit plan reported by Countybank under EIN 57-0147610 and plan number 002. The latest loaded filing year is 2023. The filing reports 185 participants and $26,008,767 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$26MPlan net assets, end of year$26,008,767
Participants185Covered participants reported
Assets / participant$140.6KComputed: assets ÷ participants$140,588 (computed)
Provider compensation$54.6K2 Schedule C provider row(s)$54,621
- Plan sponsor
- Countybank
- EIN
- 57-0147610
- Plan number
- 002
- Plan type
- 2
- Location
- Greenwood, SC
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 185 | H, C | 20240731153057NAL0022568209001 |
Schedule H · 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)$26M total assets
Net assets$26MLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $26,008,767
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $26,008,767
- Net assets (BOY)
- $20,632,396
Income & contributions
- Employer contributions
- $778,153
- Participant contributions
- $1,195,201
- Total contributions
- $2,060,773
- Total income / additions
- $6,448,020
Expenses & distributions
- Benefits paid
- $1,011,226
- Administrative expenses
- $48,386
- Total expenses
- $1,071,649
- Net increase / (decrease)
- $5,376,371
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.
39%61%
Employer 39%Participant 61%
Total expenses ÷ net assets4%Computed ratio
Benefits paid ÷ total income16%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Pentegra Services Inc. | RECORDKEEPER | $48,127 | $0 | 2023 |
| Empower Annuity Insurance Co | CONTRACTOR ADMINISTRATOR | $6,494 | $0 | 2023 |