# Community Financial Services, INC. 401(k) Plan
Source: https://planprovider.pro/companies/community-financial-services-inc-401k-plan

> Community Financial Services, INC.&#39;s 401(k) plan: 234 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Community Financial Services, INC.

- **Sponsor EIN:** 611016269

- **Sponsor Address:** 221 W. 5TH STREET, BENTON, KY, 42025

- **Plan Type:** 401(k)

- **Total Participants:** 234

- **Total Assets:** $2.7M

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** No

- **Allows Roth Contributions:** Yes

- **Participant Loans:** No

- **Participant-Directed Investments:** Yes

- **ERISA Section 404(c) Fiduciary Safe Harbor:** Yes

## Plan Financials by Year

| Year|Participants|Total Assets|Employer Contrib.|Employee Contrib.|

| 2024|234|$2.7M|$317,099|$619,788|

| 2023|251|$1.6M|$303,559|$607,709|

| 2022|252|$471,573|$0|$499,226|

## Service Providers (Schedule C)

Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).

| Provider Name|
Role|
Direct Compensation|
Indirect Compensation|
Total Fees|

| HARDING SHYMANSKI & COMPANY|Auditor|—|—|$0|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [HARDING SHYMANSKI & COMPANY](https://planprovider.pro/provider/harding-shymanski-and-company-psc) — Auditor

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $0

### Historical Administrative Expenses

Breakdown of administrative expense categories reported on Form 5500 filings.

| Year|
Total Admin Expenses|
Investment Mgmt Fees|
Contract Admin Fees|
IQPA Audit Fees|
Professional Fees|

| 2024|$5,013|$1,713|$1,400|—|—|

| 2023|$2,984|$649|$1,250|—|—|

| 2022|$733|$108|$625|—|—|

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[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/community-financial-services-inc-401k-plan)

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