Chambers Bancshares, Inc. Cash Or Deferred Profit Sharing Plan — Form 5500 plan (Chambers 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, Chambers Bancshares, Inc. Cash Or Deferred Profit Sharing Plan is a benefit plan reported by Chambers Bancshares, Inc. under EIN 71-0644790 and plan number 001. The latest loaded filing year is 2023. The filing reports 266 participants and $17,836,807 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$17.8MPlan net assets, end of year$17,829,967
Participants266Covered participants reported
Assets / participant$67.1KComputed: assets ÷ participants$67,056 (computed)
Provider compensationNone reported1 Schedule C provider row(s)
Plan sponsor
Chambers Bancshares, Inc.
EIN
71-0644790
Plan number
001
Plan type
2
Location
Danville, AR
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023266H, C20240925122808NAL0014708481001
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)$17.8M total assets
Net assets$17.8MLiabilities$6.8K
Money in vs. money out
Total income / additions$4.7M
Total expenses$1.2M
Benefits paid / distributions$1.2M
Contributions
Employer$641.7K
Participant$1M
Full reported line items

Net assets

Total assets (EOY)
$17,836,807
Total liabilities (EOY)
$6,840
Net assets (EOY)
$17,829,967
Net assets (BOY)
$14,305,932

Income & contributions

Employer contributions
$641,689
Participant contributions
$1,039,704
Total contributions
$2,246,297
Total income / additions
$4,706,379

Expenses & distributions

Benefits paid
$1,163,982
Administrative expenses
$8,309
Total expenses
$1,182,344
Net increase / (decrease)
$3,524,035
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.

Contribution share (employer vs. participant)
Employer 38%Participant 62%
Total expenses ÷ net assets7%Computed ratio
Benefits paid ÷ total income25%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Voya Retirement Insurance And AnnuiSERVICE PROVIDER$0$02023

Related Form 5500 pages