Central Employees Stock Ownership Plan And Trust — Form 5500 plan (Central 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, Central Employees Stock Ownership Plan And Trust is a benefit plan reported by Central Bancshares, Inc. under EIN 61-1247980 and plan number 002. The latest loaded filing year is 2023. The filing reports 520 participants and $39,095,038 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$39.1MPlan net assets, end of year$39,095,038
Participants520Covered participants reported
Assets / participant$75.2KComputed: assets ÷ participants$75,183 (computed)
Provider compensation$21.1K2 Schedule C provider row(s)$21,100
- Plan sponsor
- Central Bancshares, Inc.
- EIN
- 61-1247980
- Plan number
- 002
- Plan type
- 2
- Location
- Lexington, KY
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 520 | H, C | 20240725124937NAL0022440368001 |
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)$39.1M total assets
Net assets$39.1MLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $39,095,038
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $39,095,038
- Net assets (BOY)
- $36,083,358
Income & contributions
- Employer contributions
- $3,289,309
- Total contributions
- $3,289,309
- Total income / additions
- $6,451,511
Expenses & distributions
- Benefits paid
- $3,418,731
- Administrative expenses
- $21,100
- Total expenses
- $3,439,831
- Net increase / (decrease)
- $3,011,680
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.
Total expenses ÷ net assets9%Computed ratio
Benefits paid ÷ total income53%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Rfh, Pllc | NONE | $12,900 | not reported in the loaded dataset | 2023 |
| Osborn, Carreiro And Associates Inc | NONE | $8,200 | not reported in the loaded dataset | 2023 |