Plan Ledger DOL Form 5500 · updated monthly

Community Bank401(k)

COMMUNITY BANK 401(K) RETIREMENT PLAN · COLLEGE PLACE, WA · plan year 2024

Reported admin expense ratio · 2024
0.56%

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

Community Bank reported $32,267 in plan administrative expenses for 2024: 0.56% of average plan assets, above the peer median. Employer contributions averaged $1,725 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 0.11% to 0.56%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other finance & insurance employers. By assets it is among the smaller plans on file in Washington (1,287th of 1,714), and 4,375th of 4,798 in finance & insurance. In 2024, employees put in $2.64 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,011,287
Participants with balances81
Active participants85
Employer contributions$146,657
Employee contributions$387,757
Employer contribution per active participant$1,725
Average account balance$74,213
Benefits paid to participants$963,954
Plan auditUnmodified (clean) audit opinion
AuditorPRESSNELL GAGE PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$6.0M · 81 accts · $147K emplr
2023$5.5M · 109 accts · $123K emplr
2022$5.2M · 107 accts · $116K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$32,267
Total administrative$32,267
The Community Bank 401(k) match · 2024
Employer contribution per active participant$1,725
Median for plans this size$1,313
2024$1,725 per active participant
2023$1,519 per active participant
2022$1,366 per active participant

Community Bank's 2024 employer contribution ran above the $1,313 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 · 20243
RAYMOND JAMES FINANCIAL · Investment advisory (plan)$11,508
PROFESSIONAL BENEFIT SERVICES, INC. · Contract administrator$5,687
CAPITAL GROUP RETIREMENT$3,486

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$32,267 · 0.56%
2023$7,070 · 0.13%
2022$6,425 · 0.11%
Similar plansFinance & Insurance · Washington
Bittrex Inc. WA$7.9M · 0.03%
Savibank WA$7.2M · 0.50%

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Source: U.S. Department of Labor, Form 5500 series, EIN 930436426 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.