Plan Ledger DOL Form 5500 · updated monthly

Ccb Community Bank401(k)

CCB COMMUNITY BANK 401K PROFIT SHARING PLAN · ANDALUSIA, AL · plan year 2024

Reported admin expense ratio · 2024
0.51%

Peer grade: C+ · admin costs + employer contributions vs same-size plans · how grading works

Ccb Community Bank reported $59,486 in plan administrative expenses for 2024: 0.51% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,747 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio rose from 0.02% to 0.51%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other finance & insurance employers. By assets it is the 413th-largest of 902 plans among Alabama employers on file, and 3,778th of 4,798 in finance & insurance. In 2024, employees put in $1.11 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$12,082,670
Participants with balances105
Active participants100
Employer contributions$374,747
Employee contributions$415,057
Employer contribution per active participant$3,747
Average account balance$115,073
Benefits paid to participants$1,140,505
Plan auditQualified audit opinion
AuditorMAULDIN & JENKINS CPAS & ADVISORS
Plan history3
Yearassets · accounts · employer contribution
2024$12.1M · 105 accts · $375K emplr
2023$11.2M · 118 accts · $565K emplr
2022$9.7M · 134 accts · $384K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$59,486
Total administrative$59,486
The Ccb Community Bank 401(k) match · 2024
Employer contribution per active participant$3,747
Median for plans this size$2,416
2024$3,747 per active participant
2023$5,540 per active participant
2022$3,763 per active participant

Ccb Community Bank's 2024 employer contribution ran above the $2,416 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20244
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$59,486
LPL FINANCIAL CORP · Investment managementindirect comp
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)indirect comp
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$59,486 · 0.51%
2023$25,744 · 0.25%
2022$1,850 · 0.02%
Similar plansFinance & Insurance · Alabama
Five Star Credit Union AL$13.3M · 0.48%
Southpoint Bank AL$13.0M · 0.83%
First Metro Bank AL$12.7M · 0.05%
Collateral Holdings, LLC AL$12.5M · 0.30%
Midsouth Bancorporation AL$12.0M · 0.34%
West Alabama Bank & Trust AL$10.8M · 0.51%

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Source: U.S. Department of Labor, Form 5500 series, EIN 630258819 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.