Plan Ledger DOL Form 5500 · updated monthly

Community First Bancorporation401(k) + ESOP (KSOP)

COMMUNITY FIRST BANCORPORATION, INC. EMPLOYEE STOCK OWNERSHIP AND SAVINGS PLAN · KENNEWICK, WA · plan year 2024

Reported admin expense ratio · 2024
0.16%

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

Community First Bancorporation reported $27,783 in plan administrative expenses for 2024: 0.16% of average plan assets, below the peer median. Employer contributions averaged $2,638 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 0.16%. 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 666th-largest of 1,714 plans among Washington employers on file, and 2,977th of 4,798 in finance & insurance. In 2024, employees put in $2.80 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$20,979,485
Participants with balances177
Active participants140
Employer contributions$369,386
Employee contributions$1,035,477
Employer contribution per active participant$2,638
Average account balance$118,528
Benefits paid to participants$528,264
Plan auditUnmodified (clean) audit opinion
AuditorHAUSER JONES & SAS
Plan history3
Yearassets · accounts · employer contribution
2024$21.0M · 177 accts · $369K emplr
2023$13.3M · 175 accts · $363K emplr
2022$11.4M · 164 accts · $290K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$5,258
Investment management$22,525
Total administrative$27,783
The Community First Bancorporation 401(k) match · 2024
Employer contribution per active participant$2,638
Median for plans this size$2,416
2024$2,638 per active participant
2023$2,452 per active participant
2022$2,085 per active participant

Community First Bancorporation'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
HFG TRUST · Investment advisory (plan)$22,525
RANDALL & HURLEY$5,771

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$27,783 · 0.16%
2023$20,731 · 0.17%
2022$19,470 · 0.17%
Similar plansFinance & Insurance · Washington
Bank of the Pacific WA$25.4M · 0.39%
Seattle Bank WA$21.1M · 0.35%
First Fed Bank WA$20.6M · 0.49%
Axia Holdings, Inc. WA$20.3M · 0.01%
Cochrane & Company, Inc. WA$19.4M · 0.20%
Verity Credit Union WA$18.7M · 0.29%

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Source: U.S. Department of Labor, Form 5500 series, EIN 911873460 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.