Plan Ledger DOL Form 5500 · updated monthly

Moscow Bancshares, Inc.ESOP

MOSCOW BANCSHARES, INC. EMPLOYEE STOCK OWNERSHIP PLAN · COLLIERVILLE, TN · plan year 2024

Employer contribution per participant · 2024
$1,699

Moscow Bancshares, Inc.'s 2024 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $5,156,151 across 195 participant accounts, with employer contributions averaging $1,699 per active participant. See methodology for what Form 5500 does and doesn't capture.

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 Tennessee (1,061st of 1,496), and 4,439th of 4,798 in finance & insurance. active participation has grown from 161 to 178 since 2022.

Plan summary
Net assets, end of year$5,156,151
Participants with balances195
Active participants178
Employer contributions$302,500
Employee contributions—
Employer contribution per active participant$1,699
Average account balance$26,442
Benefits paid to participants$214,371
Plan auditUnmodified (clean) audit opinion
AuditorREYNOLDS BONE & GRIESBECK
Plan history3
Yearassets · accounts · employer contribution
2024$5.2M · 195 accts · $303K emplr
2023$4.8M · 183 accts · $295K emplr
2022$4.6M · 184 accts · $320K emplr
Employer contributions to the Moscow Bancshares, Inc. plan · 2024
Employer contribution per active participant$1,699
Median for plans this size$1,313
2024$1,699 per active participant
2023$1,766 per active participant
2022$1,988 per active participant

Moscow Bancshares, Inc.'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.

Administrative cost history3
2024Not separately reported
2023Not separately reported
2022Not separately reported
Similar plansFinance & Insurance · Tennessee
Nephila Advisors, LLC TN$6.0M · 0.01%
Apex Bank TN$5.4M · 0.39%
Springdale Title, LLC TN$1.4M · 0.22%

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Source: U.S. Department of Labor, Form 5500 series, EIN 621218198 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.