Department of Labor filing

COMMUNITY FIRST BANK

COMMUNITY FIRST BANK 401(K) PLAN · For the plan year ended Dec 31, 2024

Public filing 2024 · received Oct 15, 2025Verified current terms Not available

Plan at a glance

How good does the filing look?

34filing comparison
out of 100

The filing trails many comparable plans on reported employer support and/or plan-paid administrative costs. This is a filing comparison, not a complete benefits score.

$Employer support

Not reported

Reported employer contributions per active participant.

Higher than about 26% of comparable plans

#People in the filing

Active participants reported for 2024.

The filing does not say how many employees are currently contributing.

¢Visible plan-paid fees

$247 / participant

Reported administrative expense—not every fee an employee may pay.

Lower cost than about 51% of comparable plans

↗Investment performance

Not available

Plan assets changed -57.3%, but that includes contributions, withdrawals, and market movement.

Asset change is not investment performance.

What we still need to judge the benefit

Current match formula, vesting, eligibility, investment choices, fund expense ratios, and employee-level fees.

See missing terms ↓

Filing comparison · 202334out of 100 among similar-size plans in the same industry when enough peers exist

How this filing compares

Reported employer contributions26th percentileTypical peer $3,123 · based on 1,460 comparable plans

Lower reported administrative expense51st percentileTypical peer $161 · based on 1,479 comparable plans

This comparison uses historical filing figures. It does not compare current match formulas, vesting, investments, or employee fees.

The short version

What the latest filing tells us

For the plan year ended Dec 31, 2024, COMMUNITY FIRST BANK reported $138,888 in employer contributions across the plan and 0 active participants. That works out to Not reported per active participant. It is useful context, but it is not the current match formula and it does not show what any one employee received.

Participation proxy0%

Active participants divided by all end-of-year plan participants. This is not the company participation rate because the filing does not report every eligible employee.

Employer money trendNot enough history

Change in reported employer contribution per active participant across the filing history shown.

Expense trendUp 82.5%

Change in reported administrative expense per participant. Investment expenses may not be included.

Peer context34/100

A filing comparison among similar-size plans in the same industry when enough peers exist.

Where the public filing stops

Current match, vesting, eligibility, employee fees, and investment choices require a dated plan document. Until we have one, those details stay blank.

Latest financial record

Contributions, assets, and expenses

These figures are reported totals for the plan—not individual account balances or promises to any employee.

Employer contributions: $138,888
Participant contributions: $305,769
Other contributions: $0
Employer share of reported contributions: 31.2%
Beginning assets: $7,460,887
Ending assets: $3,182,098
Ending net assets: $3,182,098
Ending liabilities: $0
Total income: $1,287,036
Total expenses: $5,565,825
Administrative expenses: $38,810
Participant loans: $0

Three-year filing history

How the reported figures changed

Each chart uses its own scale and starts at zero. When the filing has no value, the chart says so rather than turning it into a zero.

Employer contributions reported per active participant

2022

$2,753

2023

$2,196

2024

Not reported

Plan-paid administrative expenses per participant

2022

$135

2023

$159

2024

$247

Active participants

2022

138

2023

121

2024

Detailed filing history
Plan year	Per active participant	Active participants	Plan assets	Filing ID
2024	Not reported	0	3.2M	20251015170136NAL0005201361001
2023	$2,196	121	7.5M	20240904103658NAL0009701571001
2022	$2,753	138	6.4M	20231003090335NAL0012198803001

Changes in plan assets are not the same as investment performance. Each row uses the selected public filing for that year.

Plan operations

Details worth knowing

Participant loans as a share of plan assets: 0.0%
Independent accountant’s opinion: Unqualified opinion Code 1
Late participant contributions reported: Not stated in the filing
Public plan identifier: 570899390-001

Reported plan details

Identity and filing status

Plan type: Retirement plan
Employer arrangement: Single-employer plan
Plan effective date: Jan 1, 1996
Industry: Finance and insurance
Amended filing: Yes
Final filing for this plan: No
Short plan year: No
401(k) feature reported: Yes
Show DOL characteristic codes
2E2F2G2J2K2S3H

Current plan terms

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Filing ACK_ID20251015170136NAL0005201361001

Data sourceDOL Form 5500 bulk data ↗

Filing searchEFAST2 ↗