Other
2023 plan-year Other DOL Form 5500

COMMUNITY BANCSHARES OF MISSISSIPPI, INC. EMPLOYEE STOCK OWNERSHIP PLAN

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

COMMUNITY BANCSHARES OF MISSISSIPPI, INC.

This Other plan holds $81M in total assets and serves 887 participants as of 2023. It is sponsored by COMMUNITY BANCSHARES OF MISSISSIPPI, INC. in Mississippi. The plan reported a net loss of $7M for the year.

Total Assets (2023)
$81M
Participants
887
State
Industry
Management of Enterprises

What the Filing Says About COMMUNITY BANCSHARES OF MISSISSIPPI, INC. EMPLOYEE STOCK OWNERSHIP PLAN

COMMUNITY BANCSHARES OF MISSISSIPPI, INC. EMPLOYEE STOCK OWNERSHIP PLAN is a Other retirement plan sponsored by COMMUNITY BANCSHARES OF MISSISSIPPI, INC., headquartered in Mississippi. As of the 2023 Form 5500 filing, the plan reports $81M in total end-of-year assets and covers 887 participants across the Management of Enterprises industry. The sponsor's EIN on file with the U.S. Department of Labor is 640606241, and the plan has been effective since 1983-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $88M at the beginning of 2023 to $81M at year-end — a decline of 8.0%. Net assets (after liabilities) closed the year at $81M, with reported net income of $-7,069,731 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$88M
Total Assets (End of Year)$81M
Net Assets (End of Year)$81M
Net Income$-7,069,731
Plan TypeOther
Employer EIN640606241
Plan Effective Date1983-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (COMMUNITY BANCSHARES OF MISSISSIPPI, INC.)

Year Plans Participants Total Assets
2022 1 840 $88M
2023 1 887 $81M
2024 1 876 $81M

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

Frequently Asked Questions

How much money is in the COMMUNITY BANCSHARES OF MISSISSIPPI, INC. EMPLOYEE STOCK OWNERSHIP PLAN?
As of the 2023 Form 5500 filing, COMMUNITY BANCSHARES OF MISSISSIPPI, INC. EMPLOYEE STOCK OWNERSHIP PLAN holds $81M in total assets with 887 participants. It is sponsored by COMMUNITY BANCSHARES OF MISSISSIPPI, INC..
What type of plan is COMMUNITY BANCSHARES OF MISSISSIPPI, INC. EMPLOYEE STOCK OWNERSHIP PLAN?
COMMUNITY BANCSHARES OF MISSISSIPPI, INC. EMPLOYEE STOCK OWNERSHIP PLAN is a Other plan. It has been effective since 1983-01-01. The plan is filed with the U.S. Department of Labor under EIN 640606241.
Who sponsors the COMMUNITY BANCSHARES OF MISSISSIPPI, INC. EMPLOYEE STOCK OWNERSHIP PLAN?
COMMUNITY BANCSHARES OF MISSISSIPPI, INC. EMPLOYEE STOCK OWNERSHIP PLAN is sponsored by COMMUNITY BANCSHARES OF MISSISSIPPI, INC., located in Mississippi. The sponsor's EIN is 640606241 and the plan operates in the Management of Enterprises industry.
How did COMMUNITY BANCSHARES OF MISSISSIPPI, INC. EMPLOYEE STOCK OWNERSHIP PLAN perform in 2023?
COMMUNITY BANCSHARES OF MISSISSIPPI, INC. EMPLOYEE STOCK OWNERSHIP PLAN declined by 8.0% during 2023, moving from $88M to $81M in total assets. Net income was $-7,069,731.
Where can I find official filings for COMMUNITY BANCSHARES OF MISSISSIPPI, INC. EMPLOYEE STOCK OWNERSHIP PLAN?
Official Form 5500 filings for COMMUNITY BANCSHARES OF MISSISSIPPI, INC. EMPLOYEE STOCK OWNERSHIP PLAN are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 640606241 or plan name at efast.dol.gov.
How does COMMUNITY BANCSHARES OF MISSISSIPPI, INC. EMPLOYEE STOCK OWNERSHIP PLAN compare to other plans?
You can compare COMMUNITY BANCSHARES OF MISSISSIPPI, INC. EMPLOYEE STOCK OWNERSHIP PLAN against other Other plans on the plan type page, or view plans in Mississippi on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

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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 640606241.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from official public datasets. See our methodology for details.