Plan Ledger DOL Form 5500 · updated monthly

Community First Bank401(k)

COMMUNITY FIRST BANK 401(K) PROFIT SHARING PLAN · BOSCOBEL, WI · plan year 2024

Reported admin expense ratio · 2024
0.44%

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

Community First Bank reported $59,506 in plan administrative expenses for 2024: 0.44% of average plan assets, above the peer median. Employer contributions averaged $1,481 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 0.44%. 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 among the smaller plans on file in Wisconsin (1,091st of 1,936), and 3,583rd of 4,798 in finance & insurance. In 2024, employees put in $3.83 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$14,145,801
Participants with balances126
Active participants112
Employer contributions$165,860
Employee contributions$635,070
Employer contribution per active participant$1,481
Average account balance$112,268
Benefits paid to participants$618,567
Plan auditUnmodified (clean) audit opinion
AuditorMBE CPAS, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$14.1M · 126 accts · $166K emplr
2023$12.6M · 121 accts · $151K emplr
2022$10.5M · 125 accts · $143K emplr
Administrative expenses, itemized · 2024
Investment management$59,506
Total administrative$59,506
The Community First Bank 401(k) match · 2024
Employer contribution per active participant$1,481
Median for plans this size$2,416
2024$1,481 per active participant
2023$1,332 per active participant
2022$1,332 per active participant

Community First Bank's 2024 employer contribution ran below 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 · 20241
TRUST POINT INC · Recordkeeping · Trustee$59,506

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

Recordkeeper by year2
2024TRUST POINT INC
2023TRUST POINT INC

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

Administrative cost history3
2024$59,506 · 0.44%
2023$54,849 · 0.47%
2022$50,514 · 0.45%
Similar plansFinance & Insurance · Wisconsin
Specialty Underwriters LLC WI$15.0M · 0.40%
Ixonia Bank WI$14.8M · 0.61%
Pyramax Bank, Fsb WI$14.1M · 0.10%
Bank of Luxemburg WI$14.1M · 0.48%
Security Financial Bank WI$13.6M · 0.35%

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Source: U.S. Department of Labor, Form 5500 series, EIN 390176540 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.