401(k) · DOL Form 5500 · 2024

Community Financial Services, Inc. 401(k) Plan

Data updated 2026-08-25

$3M
Total assets Small plan by assets
251
Participants Below avg headcount
33rd
Percentile by assets National rank
$10,882
Avg per participant Low balance/head
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Official DOL plan name: Community Financial Services Bank 401(k) Plan · Sponsored by Community Financial Services, Inc. · Kentucky · Finance & Insurance

$3M in assets, 251 participants

Community Financial Services, Inc.'s Community Financial Services Bank 401(k) Plan reported $3M in total assets and 251 participants in its 2024 DOL Form 5500 filing, ranking in the 33rd 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.

  • #1,821 in Finance & Insurance (8,549 peers)

Coverage in Kentucky

Community Financial Services Bank 401(k) Plan covers 251 participants in Kentucky, about 39% of the average Kentucky filer (state average ~647 per filing). Assets: $3M.

#1,821
in Finance & Insurance (8,549 peers)
+66.8%
assets growth YoY

Community Financial Services Bank 401(k) Plan among the smaller filed plans by assets

Community Financial Services Bank 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$2,731,297 33rd percentile higher than 33% of 123,620 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 2024

Community Financial Services Bank 401(k) Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Community Financial Services Bank 401(k) Plan sits mid-pack in the medium band (251 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Community Financial Services Bank 401(k) Plan end-of-year assets rose from $2M in the plan year 2023 filing to $3M in the plan year 2024 filing.
  • Community Financial Services Bank 401(k) Plan reported net income fell from $1M in the plan year 2023 filing to $1M in the plan year 2024 filing.
  • Community Financial Services Bank 401(k) Plan reported participants fell from 255 in the plan year 2023 filing to 251 in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 611016269 · Community Financial Services, Inc. PY 2024 · 401(k)

Community Financial Services Bank 401(k) Plan · $3M · 251 · 33rd

  • VS-ST $3M
  • BOY 251
  • SCH 33rd
  • EBSA 401(k)
  • PART near Tennessee Voices for Children 403(b) Plan
  • TYPE ind #1821

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 Finance & Insurance retirement plans → · Plans in Kentucky →

Community Financial Services Bank 401(k) Plan in the asset neighbourhood

Community Financial Services Bank 401(k) PlanCommunity Financial Services…$3MTennessee Voices for Children 403(b) PlanTennessee Voices for Childre…$3MDoney Park Water Company Employee 401(k) PlanDoney Park Water Company Emp…$3MIntellicept 401(k) Plan$3MBay Electric 401(k) Plan for Salaried EmployeesBay Electric 401(k) Plan for…$3M
End-of-year total assets ($M) among Community Financial Services Bank 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Kentucky filing particulars

Total Assets (Beginning of Year)$2M
Net Assets (End of Year)$3M
Net Income$1M
Employer EIN611016269
Plan Effective Date2022-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Community Financial Services, Inc.)

Sponsor-wide plan assets over time

All Community Financial Services, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$31M 4.790882166470959% vs 2022
2024 filing year
$29M$30M$31M$32M$33M 202220232024 $32.5M $30.9M ▼ -4.8%
Year Plans Participants Total Assets
2022 2 523 $32M
2023 2 499 $29M
2024 2 489 $31M

Nearby 401(k) Plans in Kentucky

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Community Financial Services Bank 401(k) Plan vs. nearby 401(k) plans in Kentucky, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -20246810 Total assets ($B) Participants Community Financial Services Bank 401(k) Plan, Total assets ($B): 0.002731297 · Participants: 251Community Financial Services Bank 401(k) PlanCommonspirit Health 401(k) Retirement Savings Plan, Total assets ($B): 8.826314209 · Participants: 90345Commonspirit Health 401(k) Retirement Savings PlanHumana Retirement Savings Plan, Total assets ($B): 7.706147015 · Participants: 45706Humana Retirement Savings PlanUPS/Ipa 401(k) Savings Plan, Total assets ($B): 1.501700415 · Participants: 3064UPS/Ipa 401(k) Savings PlanScionhealth 401(k) Plan, Total assets ($B): 1.316012841 · Participants: 23753Scionhealth 401(k) PlanLexmark Savings Plan, Total assets ($B): 1.211057397 · Participants: 1919Lexmark Savings Plan
Community Financial Services Bank 401(k) Plan vs. nearby 401(k) plans in Kentucky, assets vs. participants
Compare Community Financial Services Bank 401(k) Plan side-by-side with 3 peers →

Community Financial Services Bank 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Kentucky, the nearest 401(k) by assets is Tennessee Voices for Children 403(b) Plan in TN ($3M); by covered participants it is Dependable Home Health Care, Inc. 401(k) Savings Plan in MN (251 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (251 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Community Financial Services Bank 401(k) Plan assets move in 2024? ▼
Community Financial Services Bank 401(k) Plan surged - up 66.8% during 2024, from $2M to $3M. Reported net income was $1M.
How have Community Financial Services, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Community Financial Services, Inc.'s sponsor-wide assets declined 4.8%, from $32M to $31M.
Which 401(k) plans are similar in size to Community Financial Services Bank 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Tennessee Voices for Children 403(b) Plan in TN ($3M, 224 participants).
Which 401(k) plans cover a similar participant headcount to Community Financial Services Bank 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Dependable Home Health Care, Inc. 401(k) Savings Plan in MN (251 participants, N/A in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 611016269.

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.