401(k) · DOL Form 5500 · 2024

Community First Bank 401(k) Plan

Data updated 2026-08-25

$3M
Total assets Small plan by assets
121
Participants Small participant base
35th
Percentile by assets National rank
$26,298
Avg per participant Low balance/head
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Official DOL plan name: Community First Bank 401(k) Plan · Sponsored by Community First Bank · South Carolina · Finance & Insurance

$3M in assets, 121 participants

Community First Bank's Community First Bank 401(k) Plan reported $3M in total assets and 121 participants in its 2024 DOL Form 5500 filing, ranking in the 35th 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.

  • #1,955 in Finance & Insurance (8,549 peers)

Coverage in South Carolina

Community First Bank 401(k) Plan covers 121 participants in South Carolina, about 33% of the average South Carolina filer (state average ~369 per filing). Assets: $3M.

#1,955
in Finance & Insurance (8,549 peers)
-57.3%
assets change YoY

The plan reported a net loss of $4M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Community First Bank 401(k) Plan's mid-pack asset rank among Finance & Insurance and all filers

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

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

$3,182,098 35th percentile higher than 35% 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 First 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 First Bank 401(k) Plan sits mid-pack in the medium band (121 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Community First Bank 401(k) Plan reported net income fell from $1M in the plan year 2023 filing to -$4M in the plan year 2024 filing.
  • Community First Bank 401(k) Plan end-of-year assets fell from $7M in the plan year 2023 filing to $3M in the plan year 2024 filing.
  • Community First Bank 401(k) Plan reported participants fell from 140 in the plan year 2023 filing to 121 in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 570899390 · Community First Bank PY 2024 · 401(k)

Community First Bank 401(k) Plan · $3M · 121 · 35th

  • 5500 $3M
  • 5500 121
  • 5500 35th
  • 5500 401(k)
  • 5500 near Frank W. Whitcomb Construction 401(k) Profit Sharing Plan and Trust
  • 5500 ind #1955

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 South Carolina →

Community First Bank 401(k) Plan in the asset neighbourhood

Community First Bank 401(k) PlanCommunity First Bank 401(k) …$3MFrank W. Whitcomb Construction 401(k) Profit Sharing Plan and TrustFrank W. Whitcomb Constructi…$3MM&a Imports, Ltd. Salary Deferral (401-K) PlanM&a Imports, Ltd. Salary Def…$3MTm Industrial Supply, Inc. 401(k) PlanTm Industrial Supply, Inc. 4…$3MInterfoods of America, Inc. Employees Savings PlanInterfoods of America, Inc. …$3M
End-of-year total assets ($M) among Community First Bank 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

South Carolina filing particulars

Total Assets (Beginning of Year)$7M
Net Assets (End of Year)$3M
Net Income-$4M
Employer EIN570899390
Plan Effective Date1996-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Community First Bank)

Sponsor-wide plan assets over time

All Community First Bank plans reported in each filing year

Latest sponsor-wide plan assets
$3M 50.098099222686564% vs 2022
2024 filing year
$2M$4M$6M$8M 202220232024 $6.38M $3.18M ▼ -50.2%
Year Plans Participants Total Assets
2022 1 201 $6M
2023 1 140 $7M
2024 1 121 $3M

Nearby 401(k) Plans in South Carolina

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

Community First Bank 401(k) Plan vs. nearby 401(k) plans in South Carolina, assets vs. participants Scatter plot of 6 data points. -500005000100001500020000 -1012345 Total assets ($B) Participants Community First Bank 401(k) Plan, Total assets ($B): 0.003182098 · Participants: 121Community First Bank 401(k) PlanMichelin 401(k) Savings Plan, Total assets ($B): 4.477517422 · Participants: 15095Michelin 401(k) Savings PlanThe Savannah River Nuclear Solutions, LLC Defined Contribution Plan, Total assets ($B): 2.829914985 · Participants: 9296The Savannah River Nuclear Solutions, LLC Defined Contribution PlanSonoco Retirement & Savings Plan, Total assets ($B): 1.663698617 · Participants: 11813Sonoco Retirement & Savings PlanBlue Cross Blue Shield of Sc Employee Savings and Salary Reduction Plan, Total assets ($B): 1.460862801 · Participants: 11878Blue Cross Blue Shield of Sc Employee Savings and Salary Reduction PlanThe Milliken Retirement Plan, Total assets ($B): 1.350798497 · Participants: 5733The Milliken Retirement Plan
Community First Bank 401(k) Plan vs. nearby 401(k) plans in South Carolina, assets vs. participants
Compare Community First Bank 401(k) Plan side-by-side with 3 peers →

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

Outside South Carolina, the nearest 401(k) by assets is Frank W. Whitcomb Construction 401(k) Profit Sharing Plan and Trust in NH ($3M); by covered participants it is Mwg Holdings Group, Inc. 401(k) Plan in CA (121 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (121 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 First Bank 401(k) Plan assets move in 2024? ▼
Community First Bank 401(k) Plan contracted severely - down 57.3% during 2024, from $7M to $3M. Reported net income was -$4M.
How have Community First Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Community First Bank's sponsor-wide assets declined 50.1%, from $6M to $3M.
Which 401(k) plans are similar in size to Community First Bank 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Frank W. Whitcomb Construction 401(k) Profit Sharing Plan and Trust in NH ($3M, 41 participants).
Which 401(k) plans cover a similar participant headcount to Community First Bank 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Mwg Holdings Group, Inc. 401(k) Plan in CA (121 participants, $104K 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 570899390.

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.