401k Plan data: COMMONWEALTH COMMUNITY BANK, INC. EMPLOYEES' PENSION PLAN plan

COMMONWEALTH COMMUNITY BANK, INC. EMPLOYEES' PENSION PLAN 401k Plan overview

Plan Name	COMMONWEALTH COMMUNITY BANK, INC. EMPLOYEES' PENSION PLAN
Plan identification number	001

COMMONWEALTH COMMUNITY BANK, INC. EMPLOYEES' PENSION PLAN Benefits

401k Plan Type	Defined Benefit Pension
Plan Features/Benefits	Benefits are primarily pay related Covered by PBGC - Plan is covered under the PBGC insurance program (see ERISA section 4021).

401k Sponsoring company profile

COMMONWEALTH COMMUNITY BANK has sponsored the creation of one or more 401k plans.

Company Name: COMMONWEALTH COMMUNITY BANK

Employer identification number (EIN): 610219040

NAIC Classification: 522110
NAIC Description: Commercial Banking

Form 5500 Filing Information

Submission information for form 5500 for 401k plan COMMONWEALTH COMMUNITY BANK, INC. EMPLOYEES' PENSION PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2023-01-01
001 2022-01-01
001 2021-01-01
001 2020-01-01
001 2019-01-01
001 2018-01-01
001 2017-01-01
001 2016-01-01 BILLY W LUTTRELL 2017-07-27
001 2013-01-01 BILLY W LUTTRELL 2014-10-14
001 2012-01-01 BILLY W LUTTRELL 2013-10-04
001 2011-01-01 BILLY W LUTTRELL 2012-10-09
001 2010-01-01 JOHN CLEMENTS 2011-07-25

Plan Statistics for COMMONWEALTH COMMUNITY BANK, INC. EMPLOYEES' PENSION PLAN

401k plan membership statisitcs for COMMONWEALTH COMMUNITY BANK, INC. EMPLOYEES' PENSION PLAN

Measure Date Value
2025: COMMONWEALTH COMMUNITY BANK, INC. EMPLOYEES' PENSION PLAN 2025 401k membership
Total number of particpants at beginning of year 2025-07-21 64
Total number of particpants at end of year 2025-07-21 62
2024: COMMONWEALTH COMMUNITY BANK, INC. EMPLOYEES' PENSION PLAN 2024 401k membership
Total number of particpants at beginning of year 2024-07-03 70
Total number of particpants at end of year 2024-07-03 64
2022: COMMONWEALTH COMMUNITY BANK, INC. EMPLOYEES' PENSION PLAN 2022 401k membership
Market value of plan assets 2022-12-31 7,830,157
Acturial value of plan assets 2022-12-31 7,830,157
Funding target for retired participants and beneficiaries receiving payment 2022-12-31 3,794,764
Number of terminated vested participants 2022-12-31 18
Fundng target for terminated vested participants 2022-12-31 226,521
Active participant vested funding target 2022-12-31 1,261,212
Number of active participants 2022-12-31 23
Total funding liabilities for active participants 2022-12-31 1,307,673
Total participant count 2022-12-31 72
Total funding target for all participants 2022-12-31 5,328,958
Balance at beginning of prior year after applicable adjustments 2022-12-31 236,238
Prefunding balance at beginning of prior year after applicable adjustments 2022-12-31 409,075
Carryover balanced portion elected for use to offset prior years funding requirement 2022-12-31 0
Prefunding balanced used to offset prior years funding requirement 2022-12-31 0
Amount remaining of carryover balance 2022-12-31 236,238
Amount remaining of prefunding balance 2022-12-31 409,075
Present value of excess contributions 2022-12-31 0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2022-12-31 0
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2022-12-31 0
Reductions in caryover balances due to elections or deemed elections 2022-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2022-12-31 0
Balance of carryovers at beginning of current year 2022-12-31 265,532
Balance of prefunding at beginning of current year 2022-12-31 459,800
Total employer contributions 2022-12-31 33,750
Total employee contributions 2022-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2022-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2022-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2022-12-31 33,561
Unpaid minimum required contributions for all prior years 2022-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2022-12-31 0
Remaining amount of unpaid minimum required contributions 2022-12-31 0
Minimum required contributions for current year target normal cost 2022-12-31 83,570
Net shortfall amortization installment of oustanding balance 2022-12-31 0
Waiver amortization installment 2022-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2022-12-31 0
Additional cash requirement 2022-12-31 0
Contributions allocatedtoward minimum required contributions for current year 2022-12-31 33,561
Unpaid minimum required contributions for current year 2022-12-31 0
Unpaid minimum required contributions for all years 2022-12-31 0
2021: COMMONWEALTH COMMUNITY BANK, INC. EMPLOYEES' PENSION PLAN 2021 401k membership
Market value of plan assets 2021-12-31 7,275,298
Acturial value of plan assets 2021-12-31 7,275,298
Funding target for retired participants and beneficiaries receiving payment 2021-12-31 3,845,841
Number of terminated vested participants 2021-12-31 20
Fundng target for terminated vested participants 2021-12-31 469,609
Active participant vested funding target 2021-12-31 1,178,100
Number of active participants 2021-12-31 26
Total funding liabilities for active participants 2021-12-31 1,236,479
Total participant count 2021-12-31 76
Total funding target for all participants 2021-12-31 5,551,929
Balance at beginning of prior year after applicable adjustments 2021-12-31 201,259
Prefunding balance at beginning of prior year after applicable adjustments 2021-12-31 348,505
Carryover balanced portion elected for use to offset prior years funding requirement 2021-12-31 0
Prefunding balanced used to offset prior years funding requirement 2021-12-31 0
Amount remaining of carryover balance 2021-12-31 201,259
Amount remaining of prefunding balance 2021-12-31 348,505
Present value of excess contributions 2021-12-31 664,005
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2021-12-31 699,529
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2021-12-31 0
Reductions in caryover balances due to elections or deemed elections 2021-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2021-12-31 0
Balance of carryovers at beginning of current year 2021-12-31 236,238
Balance of prefunding at beginning of current year 2021-12-31 409,075
Total employer contributions 2021-12-31 0
Total employee contributions 2021-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2021-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2021-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2021-12-31 0
Unpaid minimum required contributions for all prior years 2021-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2021-12-31 0
Remaining amount of unpaid minimum required contributions 2021-12-31 0
Minimum required contributions for current year target normal cost 2021-12-31 100,421
Net shortfall amortization installment of oustanding balance 2021-12-31 0
Waiver amortization installment 2021-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2021-12-31 0
Carryover balance elected to use to offset funding requirement 2021-12-31 0
Prefunding balance elected to use to offset funding requirement 2021-12-31 0
Additional cash requirement 2021-12-31 0
Contributions allocatedtoward minimum required contributions for current year 2021-12-31 0
Unpaid minimum required contributions for current year 2021-12-31 0
Unpaid minimum required contributions for all years 2021-12-31 0
2020: COMMONWEALTH COMMUNITY BANK, INC. EMPLOYEES' PENSION PLAN 2020 401k membership
Market value of plan assets 2020-12-31 5,856,195
Acturial value of plan assets 2020-12-31 5,856,195
Funding target for retired participants and beneficiaries receiving payment 2020-12-31 3,726,786
Number of terminated vested participants 2020-12-31 20
Fundng target for terminated vested participants 2020-12-31 423,100
Active participant vested funding target 2020-12-31 1,053,068
Number of active participants 2020-12-31 27
Total funding liabilities for active participants 2020-12-31 1,092,471
Total participant count 2020-12-31 76
Total funding target for all participants 2020-12-31 5,242,357
Balance at beginning of prior year after applicable adjustments 2020-12-31 163,002
Prefunding balance at beginning of prior year after applicable adjustments 2020-12-31 282,259
Amount remaining of carryover balance 2020-12-31 163,002
Amount remaining of prefunding balance 2020-12-31 282,259
Present value of excess contributions 2020-12-31 2,034
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2020-12-31 2,146
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2020-12-31 0
Reductions in caryover balances due to elections or deemed elections 2020-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2020-12-31 0
Balance of carryovers at beginning of current year 2020-12-31 201,259
Balance of prefunding at beginning of current year 2020-12-31 348,505
Total employer contributions 2020-12-31 760,460
Total employee contributions 2020-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2020-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2020-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2020-12-31 708,471
Unpaid minimum required contributions for all prior years 2020-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2020-12-31 0
Remaining amount of unpaid minimum required contributions 2020-12-31 0
Minimum required contributions for current year target normal cost 2020-12-31 108,540
Net shortfall amortization installment of oustanding balance 2020-12-31 0
Waiver amortization installment 2020-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2020-12-31 44,466
Additional cash requirement 2020-12-31 44,466
Contributions allocatedtoward minimum required contributions for current year 2020-12-31 708,471
Unpaid minimum required contributions for current year 2020-12-31 0
Unpaid minimum required contributions for all years 2020-12-31 0
2019: COMMONWEALTH COMMUNITY BANK, INC. EMPLOYEES' PENSION PLAN 2019 401k membership
Market value of plan assets 2019-12-31 4,872,104
Acturial value of plan assets 2019-12-31 4,872,104
Funding target for retired participants and beneficiaries receiving payment 2019-12-31 3,693,189
Number of terminated vested participants 2019-12-31 19
Fundng target for terminated vested participants 2019-12-31 397,548
Active participant vested funding target 2019-12-31 1,035,472
Number of active participants 2019-12-31 29
Total funding liabilities for active participants 2019-12-31 1,067,706
Total participant count 2019-12-31 77
Total funding target for all participants 2019-12-31 5,158,443
Balance at beginning of prior year after applicable adjustments 2019-12-31 169,582
Prefunding balance at beginning of prior year after applicable adjustments 2019-12-31 293,653
Carryover balanced portion elected for use to offset prior years funding requirement 2019-12-31 0
Prefunding balanced used to offset prior years funding requirement 2019-12-31 0
Amount remaining of carryover balance 2019-12-31 169,582
Amount remaining of prefunding balance 2019-12-31 293,653
Present value of excess contributions 2019-12-31 63,597
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2019-12-31 67,190
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2019-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2019-12-31 0
Balance of carryovers at beginning of current year 2019-12-31 163,002
Balance of prefunding at beginning of current year 2019-12-31 282,259
Total employer contributions 2019-12-31 240,092
Total employee contributions 2019-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2019-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2019-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2019-12-31 221,158
Unpaid minimum required contributions for all prior years 2019-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2019-12-31 0
Remaining amount of unpaid minimum required contributions 2019-12-31 0
Minimum required contributions for current year target normal cost 2019-12-31 100,248
Net shortfall amortization installment of oustanding balance 2019-12-31 731,600
Waiver amortization installment 2019-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2019-12-31 219,124
Additional cash requirement 2019-12-31 219,124
Contributions allocatedtoward minimum required contributions for current year 2019-12-31 221,158
Unpaid minimum required contributions for current year 2019-12-31 0
Unpaid minimum required contributions for all years 2019-12-31 0
2018: COMMONWEALTH COMMUNITY BANK, INC. EMPLOYEES' PENSION PLAN 2018 401k membership
Market value of plan assets 2018-12-31 5,310,382
Acturial value of plan assets 2018-12-31 5,310,382
Funding target for retired participants and beneficiaries receiving payment 2018-12-31 2,473,163
Number of terminated vested participants 2018-12-31 16
Fundng target for terminated vested participants 2018-12-31 193,073
Active participant vested funding target 2018-12-31 1,840,613
Number of active participants 2018-12-31 30
Total funding liabilities for active participants 2018-12-31 1,860,476
Total participant count 2018-12-31 77
Total funding target for all participants 2018-12-31 4,526,712
Balance at beginning of prior year after applicable adjustments 2018-12-31 143,228
Prefunding balance at beginning of prior year after applicable adjustments 2018-12-31 248,018
Carryover balanced portion elected for use to offset prior years funding requirement 2018-12-31 0
Prefunding balanced used to offset prior years funding requirement 2018-12-31 0
Amount remaining of carryover balance 2018-12-31 143,228
Amount remaining of prefunding balance 2018-12-31 248,018
Present value of excess contributions 2018-12-31 51
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2018-12-31 54
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2018-12-31 0
Reductions in caryover balances due to elections or deemed elections 2018-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2018-12-31 0
Balance of carryovers at beginning of current year 2018-12-31 169,582
Balance of prefunding at beginning of current year 2018-12-31 293,653
Total employer contributions 2018-12-31 65,656
Total employee contributions 2018-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2018-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2018-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2018-12-31 63,597
Unpaid minimum required contributions for all prior years 2018-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2018-12-31 0
Remaining amount of unpaid minimum required contributions 2018-12-31 0
Minimum required contributions for current year target normal cost 2018-12-31 75,872
Net shortfall amortization installment of oustanding balance 2018-12-31 0
Waiver amortization installment 2018-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2018-12-31 0
Carryover balance elected to use to offset funding requirement 2018-12-31 0
Prefunding balance elected to use to offset funding requirement 2018-12-31 0
Additional cash requirement 2018-12-31 0
Contributions allocatedtoward minimum required contributions for current year 2018-12-31 63,597
Unpaid minimum required contributions for current year 2018-12-31 0
Unpaid minimum required contributions for all years 2018-12-31 0
2017: COMMONWEALTH COMMUNITY BANK, INC. EMPLOYEES' PENSION PLAN 2017 401k membership
Market value of plan assets 2017-12-31 4,678,071
Acturial value of plan assets 2017-12-31 4,678,071
Funding target for retired participants and beneficiaries receiving payment 2017-12-31 2,481,262
Number of terminated vested participants 2017-12-31 17
Fundng target for terminated vested participants 2017-12-31 299,181
Active participant vested funding target 2017-12-31 1,624,141
Number of active participants 2017-12-31 27
Total funding liabilities for active participants 2017-12-31 1,639,251
Total participant count 2017-12-31 74
Total funding target for all participants 2017-12-31 4,419,694
Balance at beginning of prior year after applicable adjustments 2017-12-31 134,866
Prefunding balance at beginning of prior year after applicable adjustments 2017-12-31 233,539
Carryover balanced portion elected for use to offset prior years funding requirement 2017-12-31 0
Prefunding balanced used to offset prior years funding requirement 2017-12-31 0
Amount remaining of carryover balance 2017-12-31 134,866
Amount remaining of prefunding balance 2017-12-31 233,539
Present value of excess contributions 2017-12-31 0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2017-12-31 0
Balance of carryovers at beginning of current year 2017-12-31 143,228
Balance of prefunding at beginning of current year 2017-12-31 248,018
Total employer contributions 2017-12-31 72,336
Total employee contributions 2017-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2017-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2017-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2017-12-31 65,708
Unpaid minimum required contributions for all prior years 2017-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2017-12-31 0
Remaining amount of unpaid minimum required contributions 2017-12-31 0
Minimum required contributions for current year target normal cost 2017-12-31 65,657
Net shortfall amortization installment of oustanding balance 2017-12-31 0
Waiver amortization installment 2017-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2017-12-31 65,657
Carryover balance elected to use to offset funding requirement 2017-12-31 0
Prefunding balance elected to use to offset funding requirement 2017-12-31 0
Additional cash requirement 2017-12-31 65,657
Contributions allocatedtoward minimum required contributions for current year 2017-12-31 65,708
Unpaid minimum required contributions for current year 2017-12-31 0
Unpaid minimum required contributions for all years 2017-12-31 0
2016: COMMONWEALTH COMMUNITY BANK, INC. EMPLOYEES' PENSION PLAN 2016 401k membership
Market value of plan assets 2016-12-31 4,662,605
Acturial value of plan assets 2016-12-31 4,662,605
Funding target for retired participants and beneficiaries receiving payment 2016-12-31 2,433,816
Number of terminated vested participants 2016-12-31 18
Fundng target for terminated vested participants 2016-12-31 274,197
Active participant vested funding target 2016-12-31 1,515,274
Number of active participants 2016-12-31 25
Total funding liabilities for active participants 2016-12-31 1,527,024
Total participant count 2016-12-31 70
Total funding target for all participants 2016-12-31 4,235,037
Balance at beginning of prior year after applicable adjustments 2016-12-31 437,936
Prefunding balance at beginning of prior year after applicable adjustments 2016-12-31 230,428
Carryover balanced portion elected for use to offset prior years funding requirement 2016-12-31 0
Prefunding balanced used to offset prior years funding requirement 2016-12-31 0
Amount remaining of carryover balance 2016-12-31 437,936
Amount remaining of prefunding balance 2016-12-31 230,428
Present value of excess contributions 2016-12-31 0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2016-12-31 0
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2016-12-31 0
Reductions in caryover balances due to elections or deemed elections 2016-12-31 308,982
Reductions in prefunding balances due to elections or deemed elections 2016-12-31 0
Balance of carryovers at beginning of current year 2016-12-31 134,866
Balance of prefunding at beginning of current year 2016-12-31 233,539
Total employer contributions 2016-12-31 0
Total employee contributions 2016-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2016-12-31 0
Unpaid minimum required contributions for all prior years 2016-12-31 0
Remaining amount of unpaid minimum required contributions 2016-12-31 0
Minimum required contributions for current year target normal cost 2016-12-31 59,163
Net shortfall amortization installment of oustanding balance 2016-12-31 0
Waiver amortization installment 2016-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2016-12-31 0
Carryover balance elected to use to offset funding requirement 2016-12-31 0
Prefunding balance elected to use to offset funding requirement 2016-12-31 0
Additional cash requirement 2016-12-31 0
Contributions allocatedtoward minimum required contributions for current year 2016-12-31 0
Unpaid minimum required contributions for current year 2016-12-31 0
Unpaid minimum required contributions for all years 2016-12-31 0

Measure	Date	Value
2025: COMMONWEALTH COMMUNITY BANK, INC. EMPLOYEES' PENSION PLAN 2025 401k membership
Total number of particpants at beginning of year	2025-07-21	64
Total number of particpants at end of year	2025-07-21	62
2024: COMMONWEALTH COMMUNITY BANK, INC. EMPLOYEES' PENSION PLAN 2024 401k membership
Total number of particpants at beginning of year	2024-07-03	70
Total number of particpants at end of year	2024-07-03	64
2022: COMMONWEALTH COMMUNITY BANK, INC. EMPLOYEES' PENSION PLAN 2022 401k membership
Market value of plan assets	2022-12-31	7,830,157
Acturial value of plan assets	2022-12-31	7,830,157
Funding target for retired participants and beneficiaries receiving payment	2022-12-31	3,794,764
Number of terminated vested participants	2022-12-31	18
Fundng target for terminated vested participants	2022-12-31	226,521
Active participant vested funding target	2022-12-31	1,261,212
Number of active participants	2022-12-31	23
Total funding liabilities for active participants	2022-12-31	1,307,673
Total participant count	2022-12-31	72
Total funding target for all participants	2022-12-31	5,328,958
Balance at beginning of prior year after applicable adjustments	2022-12-31	236,238
Prefunding balance at beginning of prior year after applicable adjustments	2022-12-31	409,075
Carryover balanced portion elected for use to offset prior years funding requirement	2022-12-31	0
Prefunding balanced used to offset prior years funding requirement	2022-12-31	0
Amount remaining of carryover balance	2022-12-31	236,238
Amount remaining of prefunding balance	2022-12-31	409,075
Present value of excess contributions	2022-12-31	0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2022-12-31	0
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2022-12-31	0
Reductions in caryover balances due to elections or deemed elections	2022-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2022-12-31	0
Balance of carryovers at beginning of current year	2022-12-31	265,532
Balance of prefunding at beginning of current year	2022-12-31	459,800
Total employer contributions	2022-12-31	33,750
Total employee contributions	2022-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2022-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2022-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2022-12-31	33,561
Unpaid minimum required contributions for all prior years	2022-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2022-12-31	0
Remaining amount of unpaid minimum required contributions	2022-12-31	0
Minimum required contributions for current year target normal cost	2022-12-31	83,570
Net shortfall amortization installment of oustanding balance	2022-12-31	0
Waiver amortization installment	2022-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2022-12-31	0
Additional cash requirement	2022-12-31	0
Contributions allocatedtoward minimum required contributions for current year	2022-12-31	33,561
Unpaid minimum required contributions for current year	2022-12-31	0
Unpaid minimum required contributions for all years	2022-12-31	0
2021: COMMONWEALTH COMMUNITY BANK, INC. EMPLOYEES' PENSION PLAN 2021 401k membership
Market value of plan assets	2021-12-31	7,275,298
Acturial value of plan assets	2021-12-31	7,275,298
Funding target for retired participants and beneficiaries receiving payment	2021-12-31	3,845,841
Number of terminated vested participants	2021-12-31	20
Fundng target for terminated vested participants	2021-12-31	469,609
Active participant vested funding target	2021-12-31	1,178,100
Number of active participants	2021-12-31	26
Total funding liabilities for active participants	2021-12-31	1,236,479
Total participant count	2021-12-31	76
Total funding target for all participants	2021-12-31	5,551,929
Balance at beginning of prior year after applicable adjustments	2021-12-31	201,259
Prefunding balance at beginning of prior year after applicable adjustments	2021-12-31	348,505
Carryover balanced portion elected for use to offset prior years funding requirement	2021-12-31	0
Prefunding balanced used to offset prior years funding requirement	2021-12-31	0
Amount remaining of carryover balance	2021-12-31	201,259
Amount remaining of prefunding balance	2021-12-31	348,505
Present value of excess contributions	2021-12-31	664,005
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2021-12-31	699,529
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2021-12-31	0
Reductions in caryover balances due to elections or deemed elections	2021-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2021-12-31	0
Balance of carryovers at beginning of current year	2021-12-31	236,238
Balance of prefunding at beginning of current year	2021-12-31	409,075
Total employer contributions	2021-12-31	0
Total employee contributions	2021-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2021-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2021-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2021-12-31	0
Unpaid minimum required contributions for all prior years	2021-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2021-12-31	0
Remaining amount of unpaid minimum required contributions	2021-12-31	0
Minimum required contributions for current year target normal cost	2021-12-31	100,421
Net shortfall amortization installment of oustanding balance	2021-12-31	0
Waiver amortization installment	2021-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2021-12-31	0
Carryover balance elected to use to offset funding requirement	2021-12-31	0
Prefunding balance elected to use to offset funding requirement	2021-12-31	0
Additional cash requirement	2021-12-31	0
Contributions allocatedtoward minimum required contributions for current year	2021-12-31	0
Unpaid minimum required contributions for current year	2021-12-31	0
Unpaid minimum required contributions for all years	2021-12-31	0
2020: COMMONWEALTH COMMUNITY BANK, INC. EMPLOYEES' PENSION PLAN 2020 401k membership
Market value of plan assets	2020-12-31	5,856,195
Acturial value of plan assets	2020-12-31	5,856,195
Funding target for retired participants and beneficiaries receiving payment	2020-12-31	3,726,786
Number of terminated vested participants	2020-12-31	20
Fundng target for terminated vested participants	2020-12-31	423,100
Active participant vested funding target	2020-12-31	1,053,068
Number of active participants	2020-12-31	27
Total funding liabilities for active participants	2020-12-31	1,092,471
Total participant count	2020-12-31	76
Total funding target for all participants	2020-12-31	5,242,357
Balance at beginning of prior year after applicable adjustments	2020-12-31	163,002
Prefunding balance at beginning of prior year after applicable adjustments	2020-12-31	282,259
Amount remaining of carryover balance	2020-12-31	163,002
Amount remaining of prefunding balance	2020-12-31	282,259
Present value of excess contributions	2020-12-31	2,034
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2020-12-31	2,146
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2020-12-31	0
Reductions in caryover balances due to elections or deemed elections	2020-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2020-12-31	0
Balance of carryovers at beginning of current year	2020-12-31	201,259
Balance of prefunding at beginning of current year	2020-12-31	348,505
Total employer contributions	2020-12-31	760,460
Total employee contributions	2020-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2020-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2020-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2020-12-31	708,471
Unpaid minimum required contributions for all prior years	2020-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2020-12-31	0
Remaining amount of unpaid minimum required contributions	2020-12-31	0
Minimum required contributions for current year target normal cost	2020-12-31	108,540
Net shortfall amortization installment of oustanding balance	2020-12-31	0
Waiver amortization installment	2020-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2020-12-31	44,466
Additional cash requirement	2020-12-31	44,466
Contributions allocatedtoward minimum required contributions for current year	2020-12-31	708,471
Unpaid minimum required contributions for current year	2020-12-31	0
Unpaid minimum required contributions for all years	2020-12-31	0
2019: COMMONWEALTH COMMUNITY BANK, INC. EMPLOYEES' PENSION PLAN 2019 401k membership
Market value of plan assets	2019-12-31	4,872,104
Acturial value of plan assets	2019-12-31	4,872,104
Funding target for retired participants and beneficiaries receiving payment	2019-12-31	3,693,189
Number of terminated vested participants	2019-12-31	19
Fundng target for terminated vested participants	2019-12-31	397,548
Active participant vested funding target	2019-12-31	1,035,472
Number of active participants	2019-12-31	29
Total funding liabilities for active participants	2019-12-31	1,067,706
Total participant count	2019-12-31	77
Total funding target for all participants	2019-12-31	5,158,443
Balance at beginning of prior year after applicable adjustments	2019-12-31	169,582
Prefunding balance at beginning of prior year after applicable adjustments	2019-12-31	293,653
Carryover balanced portion elected for use to offset prior years funding requirement	2019-12-31	0
Prefunding balanced used to offset prior years funding requirement	2019-12-31	0
Amount remaining of carryover balance	2019-12-31	169,582
Amount remaining of prefunding balance	2019-12-31	293,653
Present value of excess contributions	2019-12-31	63,597
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2019-12-31	67,190
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2019-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2019-12-31	0
Balance of carryovers at beginning of current year	2019-12-31	163,002
Balance of prefunding at beginning of current year	2019-12-31	282,259
Total employer contributions	2019-12-31	240,092
Total employee contributions	2019-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2019-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2019-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2019-12-31	221,158
Unpaid minimum required contributions for all prior years	2019-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2019-12-31	0
Remaining amount of unpaid minimum required contributions	2019-12-31	0
Minimum required contributions for current year target normal cost	2019-12-31	100,248
Net shortfall amortization installment of oustanding balance	2019-12-31	731,600
Waiver amortization installment	2019-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2019-12-31	219,124
Additional cash requirement	2019-12-31	219,124
Contributions allocatedtoward minimum required contributions for current year	2019-12-31	221,158
Unpaid minimum required contributions for current year	2019-12-31	0
Unpaid minimum required contributions for all years	2019-12-31	0
2018: COMMONWEALTH COMMUNITY BANK, INC. EMPLOYEES' PENSION PLAN 2018 401k membership
Market value of plan assets	2018-12-31	5,310,382
Acturial value of plan assets	2018-12-31	5,310,382
Funding target for retired participants and beneficiaries receiving payment	2018-12-31	2,473,163
Number of terminated vested participants	2018-12-31	16
Fundng target for terminated vested participants	2018-12-31	193,073
Active participant vested funding target	2018-12-31	1,840,613
Number of active participants	2018-12-31	30
Total funding liabilities for active participants	2018-12-31	1,860,476
Total participant count	2018-12-31	77
Total funding target for all participants	2018-12-31	4,526,712
Balance at beginning of prior year after applicable adjustments	2018-12-31	143,228
Prefunding balance at beginning of prior year after applicable adjustments	2018-12-31	248,018
Carryover balanced portion elected for use to offset prior years funding requirement	2018-12-31	0
Prefunding balanced used to offset prior years funding requirement	2018-12-31	0
Amount remaining of carryover balance	2018-12-31	143,228
Amount remaining of prefunding balance	2018-12-31	248,018
Present value of excess contributions	2018-12-31	51
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2018-12-31	54
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2018-12-31	0
Reductions in caryover balances due to elections or deemed elections	2018-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2018-12-31	0
Balance of carryovers at beginning of current year	2018-12-31	169,582
Balance of prefunding at beginning of current year	2018-12-31	293,653
Total employer contributions	2018-12-31	65,656
Total employee contributions	2018-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2018-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2018-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2018-12-31	63,597
Unpaid minimum required contributions for all prior years	2018-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2018-12-31	0
Remaining amount of unpaid minimum required contributions	2018-12-31	0
Minimum required contributions for current year target normal cost	2018-12-31	75,872
Net shortfall amortization installment of oustanding balance	2018-12-31	0
Waiver amortization installment	2018-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2018-12-31	0
Carryover balance elected to use to offset funding requirement	2018-12-31	0
Prefunding balance elected to use to offset funding requirement	2018-12-31	0
Additional cash requirement	2018-12-31	0
Contributions allocatedtoward minimum required contributions for current year	2018-12-31	63,597
Unpaid minimum required contributions for current year	2018-12-31	0
Unpaid minimum required contributions for all years	2018-12-31	0
2017: COMMONWEALTH COMMUNITY BANK, INC. EMPLOYEES' PENSION PLAN 2017 401k membership
Market value of plan assets	2017-12-31	4,678,071
Acturial value of plan assets	2017-12-31	4,678,071
Funding target for retired participants and beneficiaries receiving payment	2017-12-31	2,481,262
Number of terminated vested participants	2017-12-31	17
Fundng target for terminated vested participants	2017-12-31	299,181
Active participant vested funding target	2017-12-31	1,624,141
Number of active participants	2017-12-31	27
Total funding liabilities for active participants	2017-12-31	1,639,251
Total participant count	2017-12-31	74
Total funding target for all participants	2017-12-31	4,419,694
Balance at beginning of prior year after applicable adjustments	2017-12-31	134,866
Prefunding balance at beginning of prior year after applicable adjustments	2017-12-31	233,539
Carryover balanced portion elected for use to offset prior years funding requirement	2017-12-31	0
Prefunding balanced used to offset prior years funding requirement	2017-12-31	0
Amount remaining of carryover balance	2017-12-31	134,866
Amount remaining of prefunding balance	2017-12-31	233,539
Present value of excess contributions	2017-12-31	0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2017-12-31	0
Balance of carryovers at beginning of current year	2017-12-31	143,228
Balance of prefunding at beginning of current year	2017-12-31	248,018
Total employer contributions	2017-12-31	72,336
Total employee contributions	2017-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2017-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2017-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2017-12-31	65,708
Unpaid minimum required contributions for all prior years	2017-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2017-12-31	0
Remaining amount of unpaid minimum required contributions	2017-12-31	0
Minimum required contributions for current year target normal cost	2017-12-31	65,657
Net shortfall amortization installment of oustanding balance	2017-12-31	0
Waiver amortization installment	2017-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2017-12-31	65,657
Carryover balance elected to use to offset funding requirement	2017-12-31	0
Prefunding balance elected to use to offset funding requirement	2017-12-31	0
Additional cash requirement	2017-12-31	65,657
Contributions allocatedtoward minimum required contributions for current year	2017-12-31	65,708
Unpaid minimum required contributions for current year	2017-12-31	0
Unpaid minimum required contributions for all years	2017-12-31	0
2016: COMMONWEALTH COMMUNITY BANK, INC. EMPLOYEES' PENSION PLAN 2016 401k membership
Market value of plan assets	2016-12-31	4,662,605
Acturial value of plan assets	2016-12-31	4,662,605
Funding target for retired participants and beneficiaries receiving payment	2016-12-31	2,433,816
Number of terminated vested participants	2016-12-31	18
Fundng target for terminated vested participants	2016-12-31	274,197
Active participant vested funding target	2016-12-31	1,515,274
Number of active participants	2016-12-31	25
Total funding liabilities for active participants	2016-12-31	1,527,024
Total participant count	2016-12-31	70
Total funding target for all participants	2016-12-31	4,235,037
Balance at beginning of prior year after applicable adjustments	2016-12-31	437,936
Prefunding balance at beginning of prior year after applicable adjustments	2016-12-31	230,428
Carryover balanced portion elected for use to offset prior years funding requirement	2016-12-31	0
Prefunding balanced used to offset prior years funding requirement	2016-12-31	0
Amount remaining of carryover balance	2016-12-31	437,936
Amount remaining of prefunding balance	2016-12-31	230,428
Present value of excess contributions	2016-12-31	0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2016-12-31	0
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2016-12-31	0
Reductions in caryover balances due to elections or deemed elections	2016-12-31	308,982
Reductions in prefunding balances due to elections or deemed elections	2016-12-31	0
Balance of carryovers at beginning of current year	2016-12-31	134,866
Balance of prefunding at beginning of current year	2016-12-31	233,539
Total employer contributions	2016-12-31	0
Total employee contributions	2016-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2016-12-31	0
Unpaid minimum required contributions for all prior years	2016-12-31	0
Remaining amount of unpaid minimum required contributions	2016-12-31	0
Minimum required contributions for current year target normal cost	2016-12-31	59,163
Net shortfall amortization installment of oustanding balance	2016-12-31	0
Waiver amortization installment	2016-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2016-12-31	0
Carryover balance elected to use to offset funding requirement	2016-12-31	0
Prefunding balance elected to use to offset funding requirement	2016-12-31	0
Additional cash requirement	2016-12-31	0
Contributions allocatedtoward minimum required contributions for current year	2016-12-31	0
Unpaid minimum required contributions for current year	2016-12-31	0
Unpaid minimum required contributions for all years	2016-12-31	0

Financial Data on COMMONWEALTH COMMUNITY BANK, INC. EMPLOYEES' PENSION PLAN

Measure	Date	Value
2025 : COMMONWEALTH COMMUNITY BANK, INC. EMPLOYEES' PENSION PLAN 2025 401k financial data
Total expenses incurred by plan in this plan year	2025-07-21	385633
Net assets as of the end of the plan year	2025-07-21	7004790
Total assets as of the beginning of the plan year	2025-07-21	6635735
Value of plan covered by a fidelity bond	2025-07-21	2050000
Other income to plan in this plan year	2025-07-21	754688
Plan net income in this plan year	2025-07-21	369055
Net assets as of the end of the plan year	2025-07-21	7004790
Net assets as of the beginning of the plan year	2025-07-21	6635735
2024 : COMMONWEALTH COMMUNITY BANK, INC. EMPLOYEES' PENSION PLAN 2024 401k financial data
Total expenses incurred by plan in this plan year	2024-07-03	399162
Net assets as of the end of the plan year	2024-07-03	6635735
Total assets as of the beginning of the plan year	2024-07-03	6041072
Value of plan covered by a fidelity bond	2024-07-03	2050000
Other income to plan in this plan year	2024-07-03	993825
Plan net income in this plan year	2024-07-03	594663
Net assets as of the end of the plan year	2024-07-03	6635735
Net assets as of the beginning of the plan year	2024-07-03	6041072

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Company Name:	COMMONWEALTH COMMUNITY BANK
Employer identification number (EIN):	610219040
NAIC Classification:	522110
NAIC Description:	Commercial Banking

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed
001	2023-01-01
001	2022-01-01
001	2021-01-01
001	2020-01-01
001	2019-01-01
001	2018-01-01
001	2017-01-01
001	2016-01-01	BILLY W LUTTRELL	2017-07-27
001	2013-01-01	BILLY W LUTTRELL	2014-10-14
001	2012-01-01	BILLY W LUTTRELL	2013-10-04
001	2011-01-01	BILLY W LUTTRELL	2012-10-09
001	2010-01-01	JOHN CLEMENTS	2011-07-25