Cashmere Valley Bank 401(K) Profit Sharing Plan — Form 5500 plan (Cashmere Valley 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, Cashmere Valley Bank 401(K) Profit Sharing Plan is a benefit plan reported by Cashmere Valley Bank under EIN 91-0168460 and plan number 002. The latest loaded filing year is 2023. The filing reports 395 participants and $28,446,347 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Cashmere Valley Bank
- EIN
- 91-0168460
- Plan number
- 002
- Plan type
- 2
- Location
- Cashmere, WA
- Latest filing year
- 2023
- Participants
- 395
- End-of-year plan assets
- $28,446,347
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 395 | H, C | 20240903115609NAL0018488833001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $28,446,347
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $28,446,347
- Net assets (BOY)
- $23,783,152
Income & contributions
- Employer contributions
- $724,734
- Participant contributions
- $1,368,810
- Total contributions
- $2,143,252
- Total income / additions
- $6,420,743
Expenses & distributions
- Benefits paid
- $1,671,205
- Administrative expenses
- $86,343
- Total expenses
- $1,757,548
- Net increase / (decrease)
- $4,663,195
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Stancorp Financial Group | NONE | $86,343 | $76 | 2023 |