Citizens National Bank 401(K) Plan — Form 5500 plan (Citizens National Bank)
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, Citizens National Bank 401(K) Plan is a benefit plan reported by Citizens National Bank under EIN 61-0156616 and plan number 002. The latest loaded filing year is 2023. The filing reports 108 participants and $8,710,011 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Citizens National Bank
- EIN
- 61-0156616
- Plan number
- 002
- Plan type
- 2
- Location
- Somerset, KY
- Latest filing year
- 2023
- Participants
- 108
- End-of-year plan assets
- $8,710,011
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 108 | H, C | 20240729141149NAL0019453345001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $8,710,011
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $8,710,011
- Net assets (BOY)
- $7,017,908
Income & contributions
- Employer contributions
- $299,245
- Participant contributions
- $285,091
- Total contributions
- $587,972
- Total income / additions
- $1,935,823
Expenses & distributions
- Benefits paid
- $242,770
- Administrative expenses
- $950
- Total expenses
- $243,720
- Net increase / (decrease)
- $1,692,103
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Capital Group Retirement Plan Svcs. | RECORDKEEPER | $950 | $0 | 2023 |