Cumberland Valley Financial Corporation Savings & Retirement Plan — Form 5500 plan (Cumberland Valley 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, Cumberland Valley Financial Corporation Savings & Retirement Plan is a benefit plan reported by Cumberland Valley National Bank under EIN 61-1023207 and plan number 002. The latest loaded filing year is 2023. The filing reports 177 participants and $14,487,200 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$14.5MPlan net assets, end of year$14,487,200
Participants177Covered participants reported
Assets / participant$81.8KComputed: assets ÷ participants$81,849 (computed)
Provider compensation$3.8K2 Schedule C provider row(s)$3,812
- Plan sponsor
- Cumberland Valley National Bank
- EIN
- 61-1023207
- Plan number
- 002
- Plan type
- 2
- Location
- London, KY
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 177 | H, C | 20240918143341NAL0004474353001 |
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)$14.5M total assets
Net assets$14.5MLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $14,487,200
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $14,487,200
- Net assets (BOY)
- $12,525,628
Income & contributions
- Employer contributions
- $319,423
- Participant contributions
- $552,763
- Total contributions
- $972,490
- Total income / additions
- $2,631,386
Expenses & distributions
- Benefits paid
- $666,002
- Administrative expenses
- $3,812
- Total expenses
- $669,814
- Net increase / (decrease)
- $1,961,572
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.
37%63%
Employer 37%Participant 63%
Total expenses ÷ net assets5%Computed ratio
Benefits paid ÷ total income25%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Empower Annuity Insurance Company | RECORDKEEPER | $2,200 | $0 | 2023 |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $1,612 | not reported in the loaded dataset | 2023 |