# Community First Bank 401(k) Plan
Source: https://planprovider.pro/companies/community-first-bank-401k-plan-001-9390

> Community First Bank's 401(k) plan: 0 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Community First Bank

- **Sponsor EIN:** 570899390

- **Sponsor Address:** 449 HWY 123 BYPASS, SENECA, SC, 29678

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

- **Total Participants:** 0

- **Total Assets:** $3.2M

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** No

- **Allows Roth Contributions:** Yes

- **Participant Loans:** No

- **Participant-Directed Investments:** No

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

## Plan Financials by Year

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

| 2024|0|$3.2M|$138,888|$305,769|

| 2023|121|$7.5M|$265,690|$506,804|

| 2022|138|$6.4M|$379,894|$663,692|

## 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|

| ELLIOTT DAVIS LLC|Auditor|—|—|$0|

### Verified Provider Profiles

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

- [ELLIOTT DAVIS LLC](https://planprovider.pro/provider/elliott-davis-llc) — 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|$38,810|$20,246|—|—|—|

| 2023|$33,317|$18,718|—|—|—|

| 2022|$31,557|—|$31,557|—|—|

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[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/community-first-bank-401k-plan-001-9390)

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