Plan Ledger DOL Form 5500 · updated monthly

Community Bancshares, Inc.401(k)

COMMUNITY BANCSHARES 401(K) PLAN · SENECA, KS · plan year 2024

Reported admin expense ratio · 2024
0.18%

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

Community Bancshares, Inc. reported $25,971 in plan administrative expenses for 2024: 0.18% of average plan assets, below the peer median. Employer contributions averaged $2,433 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 0.14% to 0.18%. 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 379th-largest of 828 plans among Kansas employers on file, and 3,499th of 4,798 in finance & insurance. In 2024, employees put in $2.56 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$15,091,935
Participants with balances151
Active participants106
Employer contributions$257,885
Employee contributions$660,295
Employer contribution per active participant$2,433
Average account balance$99,947
Benefits paid to participants$2,275,921
Plan auditUnmodified (clean) audit opinion
AuditorDANA F. COLE & COMPANY, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$15.1M · 151 accts · $258K emplr
2023$14.4M · 152 accts · $241K emplr
2022$12.9M · 138 accts · $293K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$13,346
Investment management$12,625
Total administrative$25,971
The Community Bancshares, Inc. 401(k) match · 2024
Employer contribution per active participant$2,433
Median for plans this size$2,416
2024$2,433 per active participant
2023$2,386 per active participant
2022$3,016 per active participant

Community Bancshares, Inc.'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 · 20242
INVISOR SOLUTIONS LLC · Contract administrator · Recordkeeping$13,346
INVISOR FINANCIAL LLC · Recordkeeping$12,625

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

Recordkeeper by year2
2024INVISOR FINANCIAL LLC, INVISOR SOLUTIONS LLC
2023INVISOR FINANCIAL LLC, INVISOR SOLUTIONS

This plan has changed recordkeepers within these filings. If you left Community Bancshares, Inc. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$25,971 · 0.18%
2023$30,063 · 0.22%
2022$18,329 · 0.14%
Similar plansFinance & Insurance · Kansas
Modern Wealth Business, LLC KS$16.5M · 0.11%
Bcinsourcing, LLC KS$16.2M · 0.18%
One True Holding Company KS$15.1M · 0.19%
Exchange Bank & Trust KS$15.0M · 0.32%
Azura Credit Union KS$14.1M · 0.06%
Med James, Inc. KS$11.8M · 0.39%

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Source: U.S. Department of Labor, Form 5500 series, EIN 480983971 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.