ESOP · DOL Form 5500 · 2023

Community Bankshares, Inc. ESOP

Data updated 2026-08-11

$834K
Total assets
476
Participants
22nd
Percentile by assets
$1,751
Avg per participant
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Official DOL plan name: Community Bankshares, Inc. Employee Stock Ownership and Trust · Sponsored by Community Bankshares, Inc. · Georgia · Finance & Insurance

$834K in assets, 476 participants

Community Bankshares, Inc.'s Community Bankshares, Inc. Employee Stock Ownership and Trust reported $834K in total assets and 476 participants in its 2023 DOL Form 5500 filing, ranking in the 22nd percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • 22nd percentile by assets (of 127,072 plans)
  • #1,235 in Finance & Insurance (8,869 peers)

Coverage in Georgia

Community Bankshares, Inc. Employee Stock Ownership and Trust covers 476 participants in Georgia, about 43% of the average Georgia filer (state average ~1,096 per filing). Assets: $834K.

$834K
total plan assets (2023 EOY)
476
covered participants
22nd
percentile by assets (of 127,072 plans)
$1,751
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Community Bankshares, Inc. Employee Stock Ownership and Trust end-of-year assets rose from $9K in the plan year 2022 filing to $834K in the plan year 2023 filing.
  • Community Bankshares, Inc. Employee Stock Ownership and Trust reported participants rose from 467 in the plan year 2022 filing to 476 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

Participants vs Georgia filers

In Georgia, the average filing covers about 1,096 participants across 3,635 plans. Community Bankshares, Inc. Employee Stock Ownership and Trust reports 476 participants - about 43% of that state average ($834K EOY assets).

Georgia filing particulars

Total Assets (Beginning of Year)$706K
Net Assets (End of Year)$834K
Net Income$132K
Employer EIN581415887
Plan Effective Date1960-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Community Bankshares, Inc.)

$-1M$0M$1M$2M$3M 20222023 $0.01M $2.28M ▲ +22700.0%
Total plan assets by year, all Community Bankshares, Inc. plans on file
Year Plans Participants Total Assets
2022 1 467 $9K
2023 12 5,691 $2M

Nearby ESOP Plans in Georgia

Peer ESOP plans, same state, same plan type, ranked by total assets.

Community Bankshares, Inc. Employee Stock Ownership and Trust vs. nearby ESOP plans in Georgia, assets vs. participants

Community Bankshares, Inc. Employee Stock Ownership and Trust vs. nearby ESOP plans in Georgia, assets vs. participants Scatter plot of 6 data points. 0500100015002000 -2000200400600800 Total assets ($M) Participants Community Bankshares…Warehouse Home Furni…Choate Construction …Brent Scarbrough & C…Aubrey Silvey Enterp…Dixie Plywood and Lu…
Community Bankshares, Inc. Employee Stock Ownership and Trust vs. nearby ESOP plans in Georgia, assets vs. participants

Similar-Sized ESOP Plans Nationally

ESOP plans in other states closest to Community Bankshares, Inc. Employee Stock Ownership and Trust by total assets, not by location.

Frequently Asked Questions

How did Community Bankshares, Inc. Employee Stock Ownership and Trust assets move in 2023?
Community Bankshares, Inc. Employee Stock Ownership and Trust grew sharply - up 18.0% during 2023, from $706K to $834K. Reported net income was $132K.
How have Community Bankshares, Inc. plan assets changed over time?
Across 2 plan years on file (2022-2023), Community Bankshares, Inc.'s sponsor-wide assets grew 25624.9%, from $9K to $2M.
Where does Community Bankshares, Inc. Employee Stock Ownership and Trust rank by assets among Form 5500 filers?
Community Bankshares, Inc. Employee Stock Ownership and Trust ranks in the 22nd percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the smaller plans by assets on file).
Which ESOP plans are similar in size to Community Bankshares, Inc. Employee Stock Ownership and Trust?
Among ESOP plans in other states, the closest by assets is Kontek Systems, Inc. Employee Stock Ownership Plan in NC ($834K, 25 participants).

Next read for Community Bankshares, Inc. Employee Stoc…

Filing takeaways

Ways to act on Community Bankshares, Inc. Employee Stock Ownership and Trust's numbers.

  • By total assets, Community Bankshares, Inc. Employee Stock Ownership and Trust ranks among the smaller plans by assets on file. See the largest plans
  • Compare it side-by-side against 3 similar ESOP plans in Georgia. Compare plans
  • Community Bankshares, Inc.'s sponsor-wide assets have grown 25624.9% since 2022 across 2 plan years on file. More Finance & Insurance plans