Plan Ledger DOL Form 5500 · updated monthly

Community Bank401(k)

COMMUNITY BANK 401K PROFIT SHARING PLAN · WAYNESBURG, PA · plan year 2023

Reported admin expense ratio · 2023
0.37%

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

Community Bank reported $68,229 in plan administrative expenses for 2023: 0.37% of average plan assets, above the peer median. Employer contributions averaged $5,050 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 3 years on file its reported administrative ratio has held roughly steady near 0.39%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other finance & insurance employers. By assets it is the 1,610th-largest of 3,651 plans among Pennsylvania employers on file, and 3,202nd of 4,798 in finance & insurance. In 2023, employees put in $1.43 for every $1.00 the employer contributed; active participation has shrunk from 166 to 138 since 2022.

Plan summary
Net assets, end of year$18,459,204
Participants with balances263
Active participants138
Employer contributions$696,967
Employee contributions$995,469
Employer contribution per active participant$5,050
Average account balance$70,187
Benefits paid to participants$4,319,995
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$17.9M · 219 accts · $692K emplr
2023$18.5M · 263 accts · $697K emplr
2022$18.4M · 251 accts · $652K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$37,114
Investment management$30,615
Trustee / custodial$500
Total administrative$68,229
The Community Bank 401(k) match · 2023
Employer contribution per active participant$5,050
Median for plans this size$2,440
2024$4,707 per active participant
2023$5,050 per active participant
2022$3,930 per active participant

Community Bank's 2023 employer contribution ran above the $2,440 median for plans its size, placing it in the top quarter of its peers. 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
ALERUS FINANCIAL, N.A. · Recordkeeping · Trustee (directed)$21,374
DUNBAR, BENDER & ZAPF, INC · Recordkeeping · Consulting$16,240
JANNEY MONTGOMERY SCOTT, LLC · Investment advisory (participants) · Investment advisory (plan)$30,615

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

Recordkeeper by year2
2024Alerus, DUNBAR, BENDER & ZAPF, INC
2023Alerus, DUNBAR, BENDER & ZAPF, INC

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Administrative cost history3
2024$70,075 · 0.39%
2023$68,229 · 0.37%
2022$81,755 · 0.38%
Same employer
Similar plansFinance & Insurance · Pennsylvania
Radius Holdings LLC PA$19.7M · 0.87%
Traditions Bank PA$19.4M · 0.31%
Journey Bank PA$18.5M · 0.23%
Linkbancorp, Inc. PA$16.7M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 250393033 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.