Plan Ledger DOL Form 5500 · updated monthly

Communitybanc, Inc.401(k)

COMMUNITYBANC, INC. PROFIT SHARING 401(K) PLAN · ZANESVILLE, OH · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Communitybanc, Inc. reported $2,671 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,878 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 0.02% to 0.03%. 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 Ohio (2,050th of 3,295), and 4,050th of 4,798 in finance & insurance. In 2024, employees put in $1.32 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,352,345
Participants with balances144
Active participants122
Employer contributions$351,134
Employee contributions$464,395
Employer contribution per active participant$2,878
Average account balance$64,947
Benefits paid to participants$932,885
Plan auditUnmodified (clean) audit opinion
AuditorS. R. SNODGRASS, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$9.4M · 144 accts · $351K emplr
2023$8.6M · 142 accts · $317K emplr
2022$7.1M · 132 accts · $311K emplr
The Communitybanc, Inc. 401(k) match · 2024
Employer contribution per active participant$2,878
Median for plans this size$1,313
2024$2,878 per active participant
2023$2,539 per active participant
2022$2,553 per active participant

Communitybanc, Inc.'s 2024 employer contribution ran above the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
ASCENSUS · Recordkeeping · Investment management$3,196

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

Recordkeeper by year2
2024Ascensus
2023Ascensus

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

Administrative cost history3
2024$2,671 · 0.03%
2023$2,705 · 0.03%
2022$1,687 · 0.02%
Same employer
Similar plansFinance & Insurance · Ohio
Andover Bank OH$8.8M · 0.02%
Kaulig Capital, LLC OH$8.4M · 0.18%

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Source: U.S. Department of Labor, Form 5500 series, EIN 311220913 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.