Cb&s Bank 401(k) Plan: Login, Facts & Contact Information

Cb&s Bank 401(k) Plan Facts

Plan name
CB&S BANK 401(K) PROFIT SHARING PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
CB&S BANK, INC.
Participants
858 (502 active employees)
Former employees with a balance
69
Plan assets
$41,761,187 at Dec 31, 2024
Average account balance
$74,574 across 560 accounts
Employer contributions
$3,684,863 in plan year 2024 (45% of all contributions)
Recordkeeper
Principal Life Insurance Company
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jan 1, 1985
✓ Employer contributions✓ Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments— Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Oct 29, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $8.13 million went into the plan in contributions, $3.68 million of it from the employer (45%).
  • $5.17 million was paid out to participants.
  • Investment and other income added $3.51 million.
  • Administrative expenses were $83,659, about $149 per account.

How the Cb&s Bank 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019708$27.7 million$1.15 million$1.81 million
2020715$31.9 million$1.22 million$2.43 million
2021716$35.9 million$1.35 million$2.69 million
2022746$29.3 million$1.35 million$4.24 million
2023809$35.4 million$1.54 million$2.09 million
2024858$41.8 million$3.68 million$5.17 million

Cb&s Bank 401(k) Contact Information

Phone
256-332-1710
Mailing address
PO BOX 910, RUSSELLVILLE AL 356530910
Plan sponsor
CB&S BANK, INC.
Employer identification number (EIN)
63-0041560
Plan number
002

Questions about the Cb&s Bank 401(k)

Does Cb&s Bank contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $3.68 million, 45% of all contributions.

Does the Cb&s Bank 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Cb&s Bank 401(k) plan?

858 participants at the start of plan year 2024, 502 of them active employees, and 69 former employees who still had money in the plan.

What is the average 401(k) balance at Cb&s Bank?

About $74,574 per account: $41.8 million in plan assets across 560 accounts with a balance at the end of plan year 2024.

Who manages the Cb&s Bank 401(k) accounts?

Principal (listed on the filing as PRINCIPAL LIFE INSURANCE COMPANY) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Cb&s Bank. How do I access my 401(k)?

Your account stays with Principal after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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