ESOP · DOL Form 5500 · 2023

Community Bankshares, Inc. ESOP

Data updated 2026-08-25

$426K
Total assets Small plan by assets
476
Participants Below avg headcount
17th
Percentile by assets National rank
$894
Avg per participant Low balance/head
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Official DOL plan name: Community Bankshares, Inc. Employee Stock Ownership and Trust · Sponsored by Community Bankshares, Inc. · Georgia · Finance & Insurance

$426K in assets, 476 participants

Community Bankshares, Inc.'s Community Bankshares, Inc. Employee Stock Ownership and Trust reported $426K in total assets and 476 participants in its 2023 DOL Form 5500 filing, ranking in the 17th 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.

  • #880 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: $426K.

#880
in Finance & Insurance (8,869 peers)
+266.0%
assets growth YoY

Community Bankshares, Inc. Employee Stock Ownership and Trust among the smaller filed plans by assets

Community Bankshares, Inc. Employee Stock Ownership and Trust vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$425,591 17th percentile higher than 17% of 127,068 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Community Bankshares, Inc. Employee Stock Ownership and Trust among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Community Bankshares, Inc. Employee Stock Ownership and Trust sits mid-pack in the medium band (476 participants).

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 $426K 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 →

Plan-year Form 5500 strip

Filing strip 581415887 · Community Bankshares, Inc. PY 2023 · ESOP

Community Bankshares, Inc. Employee Stock Ownership and Trust · $426K · 476 · 17th

  • EIN $426K
  • RANK 476
  • PHOTO 17th
  • IND ESOP
  • EOY near Hiawatha Rubber Co. Employee Stock Ownership Plan and Trust
  • 5500 ind #880

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with What is an ESOP? → · Plans in Georgia →

Community Bankshares, Inc. Employee Stock Ownership and Trust in the asset neighbourhood

Community Bankshares, Inc. Employee Stock Ownership and TrustCommunity Bankshares, Inc. E…$426KBean Maine Lobster, Inc. Employee Stock Ownership PlanBean Maine Lobster, Inc. Emp…$427KSurvival Systems USA, Inc. Employee Stock Ownership PlanSurvival Systems USA, Inc. E…$428KHiawatha Rubber Co. Employee Stock Ownership Plan and TrustHiawatha Rubber Co. Employee…$424KFlow Sciences, Inc. Employee Stock Ownership PlanFlow Sciences, Inc. Employee…$424K
End-of-year total assets ($M) among Community Bankshares, Inc. Employee Stock Ownership and Trust and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Georgia filing particulars

Total Assets (Beginning of Year)$116K
Net Assets (End of Year)$426K
Net Income$309K
Employer EIN581415887
Plan Effective Date1960-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Community Bankshares, Inc.)

Sponsor-wide plan assets over time

All Community Bankshares, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$2M 25624.8928490864% vs 2022
2023 filing year
$0M$1M$2M$3M 20222023 $0.01M $2.28M ▲ +22700.0%
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 Scatter plot of 6 data points. 0500100015002000 -2000200400600800 Total assets ($M) Participants Community Bankshares, Inc. Employee Stock Ownership and Trust, Total assets ($M): 0.425591 · Participants: 476Community Bankshares, Inc. Employee Stock Ownership and TrustWarehouse Home Furnishings Distributors, Inc. Employee Stock Ownership Plan, Total assets ($M): 664.601691 · Participants: 1772Warehouse Home Furnishings Distributors, Inc. Employee Stock Ownership PlanChoate Construction Company Employee Stock Ownership Plan, Total assets ($M): 407.968435 · Participants: 454Choate Construction Company Employee Stock Ownership PlanBrent Scarbrough & Company Employee Stock Ownership Plan, Total assets ($M): 366.989824 · Participants: 439Brent Scarbrough & Company Employee Stock Ownership PlanAubrey Silvey Enterprises, Inc. Employee Stock Ownership Plan, Total assets ($M): 222.074562 · Participants: 424Aubrey Silvey Enterprises, Inc. Employee Stock Ownership PlanDixie Plywood and Lumber Company Employee Stock Ownership Plan, Total assets ($M): 208.200343 · Participants: 327Dixie Plywood and Lumber Company Employee Stock Ownership Plan
Community Bankshares, Inc. Employee Stock Ownership and Trust vs. nearby ESOP plans in Georgia, assets vs. participants
Compare Community Bankshares, Inc. Employee Stock Ownership and Trust side-by-side with 3 peers →

Community Bankshares, Inc. Employee Stock Ownership and Trust's out-of-state ESOP peers by assets and headcount

Outside Georgia, the nearest ESOP by assets is Hiawatha Rubber Co. Employee Stock Ownership Plan and Trust in MN ($424K); by covered participants it is Thielsch Engineering, Inc. Employee Stock Ownership Plan in RI (477 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (476 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

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 surged - up 266.0% during 2023, from $116K to $426K. Reported net income was $309K.
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 17th 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 Hiawatha Rubber Co. Employee Stock Ownership Plan and Trust in MN ($424K, 33 participants).
Which ESOP plans cover a similar participant headcount to Community Bankshares, Inc. Employee Stock Ownership and Trust? ▼
Among ESOP plans in other states, the closest by covered participants is Thielsch Engineering, Inc. Employee Stock Ownership Plan in RI (477 participants, $65M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 581415887.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.