Community Bancshares Of Mississippi, Inc. Employee Stock Ownership Plan — Form 5500 plan (Community Bancshares Of Mississippi, 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, Community Bancshares Of Mississippi, Inc. Employee Stock Ownership Plan is a benefit plan reported by Community Bancshares Of Mississippi, Inc. under EIN 64-0606241 and plan number 002. The latest loaded filing year is 2023. The filing reports 1,110 participants and $80,926,488 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Community Bancshares Of Mississippi, Inc.
EIN
64-0606241
Plan number
002
Plan type
2
Location
Flowood, MS
Latest filing year
2023
Participants
1,110
End-of-year plan assets
$80,926,488

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20231,110H, C20240823094556NAL0003587491001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$80,926,488
Total liabilities (EOY)
$0
Net assets (EOY)
$80,926,488
Net assets (BOY)
$87,996,219

Income & contributions

Employer contributions
$1,372,679
Total contributions
$1,372,679
Total income / additions
-$44,993

Expenses & distributions

Benefits paid
$6,842,276
Administrative expenses
$182,462
Total expenses
$7,024,738
Net increase / (decrease)
-$7,069,731

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
First Horizon BankNONE$153,175not reported in the loaded dataset2023
Forvis Mazars, LlpNONE$16,800not reported in the loaded dataset2023
Acuff & Associates, Inc.NONE$12,487not reported in the loaded dataset2023

Related Form 5500 pages