Plan Ledger DOL Form 5500 · updated monthly

Community Financial Services, Inc.ESOP

COMMUNITY FINANCIAL SERVICES, INC. EMPLOYEE STOCK OWNERSHIP PLAN · BENTON, KY · plan year 2022

Reported admin expense ratio · 2022
0.15%

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

Community Financial Services, Inc. reported $45,334 in plan administrative expenses for 2022: 0.15% of average plan assets, below the peer median. Employer contributions averaged $1,798 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 0.15% to 0.34%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other finance & insurance employers. By assets it is the 236th-largest of 871 plans among Kentucky employers on file, and 2,586th of 4,798 in finance & insurance.

Plan summary
Net assets, end of year$26,881,695
Participants with balances273
Active participants213
Employer contributions$383,000
Employee contributions—
Employer contribution per active participant$1,798
Average account balance$98,468
Benefits paid to participants$3,009,567
Plan auditUnmodified (clean) audit opinion
AuditorFORVIS
Plan history3
Yearassets · accounts · employer contribution
2024$23.5M · 240 accts · $350K emplr
2023$22.9M · 247 accts · $383K emplr
2022$26.9M · 273 accts · $383K emplr
Administrative expenses, itemized · 2022
Professional / advisory$45,334
Total administrative$45,334
Employer contributions to the Community Financial Services, Inc. plan · 2022
Employer contribution per active participant$1,798
Median for plans this size$2,266
2024$1,691 per active participant
2023$1,733 per active participant
2022$1,798 per active participant

Community Financial Services, Inc.'s 2022 employer contribution ran below the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Recordkeeper by year2
2024RETIREMENT MANAGEMENT SERVICES, LLC
2023RETIREMENT MANAGEMENT SERVICES, LLC

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$78,829 · 0.34%
2023$53,347 · 0.21%
2022$45,334 · 0.15%
All plans at this employer2
COMMUNITY FINANCIAL SERVICES, INC. EMPLOYEE STOCK OWNERSHIP PLANESOP
COMMUNITY FINANCIAL SERVICES BANK 401(K) PLAN401(k)
Same employer
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Qsi, Inc. KY$35.6M · 0.89%
Planters Bank KY$33.2M · 0.07%
Farmers National Bank KY$27.6M · 0.19%
Wilson & Muir Bancorp, Inc. KY$23.1M · 0.59%
Field & Main Bank KY$22.8M · 0.05%
Park Federal Credit Union KY$22.1M · 0.30%

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Source: U.S. Department of Labor, Form 5500 series, EIN 611016269 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.