Choiceone Bank401(k)
CHOICEONE BANK 401K PLAN · SPARTA, MI · plan year 2022
Plan assets · 2022
$0
Choiceone Bank's 2022 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $0 across 0 participant accounts. See methodology for what Form 5500 does and doesn't capture.
In 2022, employees put in $680.26 for every $1.00 the employer contributed.
Plan summary
Net assets, end of year$0
Participants with balances0
Active participants0
Employer contributions$1,731
Employee contributions$1,177,532
Employer contribution per active participant—
Average account balance—
Benefits paid to participants$2,205,560
Plan auditUnmodified (clean) audit opinion
AuditorFORVIS
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$9,192
Total administrative$9,192
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Source: U.S. Department of Labor, Form 5500 series, EIN 381054890 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.