Hometown Bank Of Corbin, Inc. 401(K) Plan — Form 5500 plan (Hometown Bank Of Corbin, 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 Bank Of Corbin, Inc. 401(K) Plan is a benefit plan reported by Hometown Bank Of Corbin, Inc. under EIN 61-1353577 and plan number 001. The latest loaded filing year is 2023. The filing reports 73 participants and $4,985,063 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Hometown Bank Of Corbin, Inc.
- EIN
- 61-1353577
- Plan number
- 001
- Plan type
- 2
- Location
- Corbin, KY
- Latest filing year
- 2023
- Participants
- 73
- End-of-year plan assets
- $4,985,063
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 73 | I | 20240514100715NAL0020680307001 |
Reported financial statement (2023 · Schedule I)
Net assets
- Total assets (EOY)
- $4,985,063
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $4,985,063
- Net assets (BOY)
- $4,496,473
Income & contributions
- Employer contributions
- $108,811
- Participant contributions
- $177,339
- Total income / additions
- $928,336
Expenses & distributions
- Benefits paid
- $433,139
- Administrative expenses
- $6,607
- Total expenses
- $439,746
- Net increase / (decrease)
- $488,590
Service provider compensation (Schedule C)
No Schedule C service provider compensation is loaded for this plan yet.