THE BANK OF MAINE has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan THE BANK OF MAINE PROFIT SHARING PLAN & TRUST
401k plan membership statisitcs for THE BANK OF MAINE PROFIT SHARING PLAN & TRUST
Measure | Date | Value |
---|
2014 : THE BANK OF MAINE PROFIT SHARING PLAN & TRUST 2014 401k financial data |
---|
Total income from all sources (including contributions) | 2014-12-31 | $46,395 |
Total of all expenses incurred | 2014-12-31 | $647,319 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2014-12-31 | $647,319 |
Value of total assets at end of year | 2014-12-31 | $2,834,384 |
Value of total assets at beginning of year | 2014-12-31 | $3,435,308 |
Total interest from all sources | 2014-12-31 | $46,395 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2014-12-31 | No |
Was this plan covered by a fidelity bond | 2014-12-31 | Yes |
Value of fidelity bond cover | 2014-12-31 | $5,000,000 |
If this is an individual account plan, was there a blackout period | 2014-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2014-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2014-12-31 | No |
Participant contributions at end of year | 2014-12-31 | $1,333 |
Participant contributions at beginning of year | 2014-12-31 | $15,648 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2014-12-31 | No |
Value of net income/loss | 2014-12-31 | $-600,924 |
Value of net assets at end of year (total assets less liabilities) | 2014-12-31 | $2,834,384 |
Value of net assets at beginning of year (total assets less liabilities) | 2014-12-31 | $3,435,308 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2014-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2014-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2014-12-31 | No |
Interest on participant loans | 2014-12-31 | $361 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2014-12-31 | $2,833,051 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2014-12-31 | $3,419,660 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2014-12-31 | $3,419,660 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2014-12-31 | $46,034 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2014-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2014-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2014-12-31 | No |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2014-12-31 | $647,319 |
Did the plan have assets held for investment | 2014-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2014-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2014-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2014-12-31 | No |
Opinion of an independent qualified public accountant for this plan | 2014-12-31 | Unqualified |
Accountancy firm name | 2014-12-31 | BERRY, DUNN, MCNEIL & PARKER |
Accountancy firm EIN | 2014-12-31 | 010523282 |
2013 : THE BANK OF MAINE PROFIT SHARING PLAN & TRUST 2013 401k financial data |
---|
Total unrealized appreciation/depreciation of assets | 2013-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2013-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2013-12-31 | $0 |
Total income from all sources (including contributions) | 2013-12-31 | $61,207 |
Total loss/gain on sale of assets | 2013-12-31 | $0 |
Total of all expenses incurred | 2013-12-31 | $928,183 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2013-12-31 | $920,073 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2013-12-31 | $0 |
Value of total assets at end of year | 2013-12-31 | $3,435,308 |
Value of total assets at beginning of year | 2013-12-31 | $4,302,284 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2013-12-31 | $8,110 |
Total interest from all sources | 2013-12-31 | $61,207 |
Total dividends received (eg from common stock, registered investment company shares) | 2013-12-31 | $0 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2013-12-31 | No |
Administrative expenses professional fees incurred | 2013-12-31 | $8,110 |
Was this plan covered by a fidelity bond | 2013-12-31 | Yes |
Value of fidelity bond cover | 2013-12-31 | $5,000,000 |
If this is an individual account plan, was there a blackout period | 2013-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2013-12-31 | $0 |
Funding deficiency by the employer to the plan for this plan year | 2013-12-31 | $0 |
Minimum employer required contribution for this plan year | 2013-12-31 | $0 |
Amount contributed by the employer to the plan for this plan year | 2013-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2013-12-31 | No |
Participant contributions at end of year | 2013-12-31 | $15,648 |
Participant contributions at beginning of year | 2013-12-31 | $28,813 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2013-12-31 | No |
Value of net income/loss | 2013-12-31 | $-866,976 |
Value of net assets at end of year (total assets less liabilities) | 2013-12-31 | $3,435,308 |
Value of net assets at beginning of year (total assets less liabilities) | 2013-12-31 | $4,302,284 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2013-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2013-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2013-12-31 | No |
Interest on participant loans | 2013-12-31 | $1,133 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2013-12-31 | $3,419,660 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2013-12-31 | $4,273,471 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2013-12-31 | $4,273,471 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2013-12-31 | $60,074 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2013-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2013-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2013-12-31 | No |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2013-12-31 | $920,073 |
Did the plan have assets held for investment | 2013-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2013-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2013-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2013-12-31 | No |
Opinion of an independent qualified public accountant for this plan | 2013-12-31 | Unqualified |
Accountancy firm name | 2013-12-31 | BERRY, DUNN, MCNEIL & PARKER |
Accountancy firm EIN | 2013-12-31 | 010523282 |
2012 : THE BANK OF MAINE PROFIT SHARING PLAN & TRUST 2012 401k financial data |
---|
Total income from all sources (including contributions) | 2012-12-31 | $77,982 |
Total of all expenses incurred | 2012-12-31 | $1,543,420 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2012-12-31 | $1,531,122 |
Expenses. Certain deemed distributions of participant loans | 2012-12-31 | $5,424 |
Value of total assets at end of year | 2012-12-31 | $4,302,284 |
Value of total assets at beginning of year | 2012-12-31 | $5,767,722 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2012-12-31 | $6,874 |
Total interest from all sources | 2012-12-31 | $77,982 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2012-12-31 | No |
Administrative expenses professional fees incurred | 2012-12-31 | $6,874 |
Was this plan covered by a fidelity bond | 2012-12-31 | Yes |
Value of fidelity bond cover | 2012-12-31 | $5,000,000 |
If this is an individual account plan, was there a blackout period | 2012-12-31 | No |
Funding deficiency by the employer to the plan for this plan year | 2012-12-31 | $0 |
Minimum employer required contribution for this plan year | 2012-12-31 | $0 |
Amount contributed by the employer to the plan for this plan year | 2012-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2012-12-31 | No |
Participant contributions at end of year | 2012-12-31 | $28,813 |
Participant contributions at beginning of year | 2012-12-31 | $50,157 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2012-12-31 | No |
Value of net income/loss | 2012-12-31 | $-1,465,438 |
Value of net assets at end of year (total assets less liabilities) | 2012-12-31 | $4,302,284 |
Value of net assets at beginning of year (total assets less liabilities) | 2012-12-31 | $5,767,722 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2012-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2012-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2012-12-31 | No |
Interest on participant loans | 2012-12-31 | $2,294 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2012-12-31 | $4,273,471 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2012-12-31 | $5,717,565 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2012-12-31 | $5,717,565 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2012-12-31 | $75,688 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2012-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2012-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2012-12-31 | No |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2012-12-31 | $1,531,122 |
Did the plan have assets held for investment | 2012-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2012-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2012-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2012-12-31 | No |
Opinion of an independent qualified public accountant for this plan | 2012-12-31 | Unqualified |
Accountancy firm name | 2012-12-31 | BERRY, DUNN, MCNEIL, PARKER |
Accountancy firm EIN | 2012-12-31 | 010523282 |
2011 : THE BANK OF MAINE PROFIT SHARING PLAN & TRUST 2011 401k financial data |
---|
Total income from all sources (including contributions) | 2011-12-31 | $126,512 |
Total of all expenses incurred | 2011-12-31 | $804,677 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2011-12-31 | $764,057 |
Expenses. Certain deemed distributions of participant loans | 2011-12-31 | $29,076 |
Value of total assets at end of year | 2011-12-31 | $5,767,722 |
Value of total assets at beginning of year | 2011-12-31 | $6,445,887 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2011-12-31 | $11,544 |
Total interest from all sources | 2011-12-31 | $126,512 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2011-12-31 | No |
Administrative expenses professional fees incurred | 2011-12-31 | $11,544 |
Was this plan covered by a fidelity bond | 2011-12-31 | Yes |
Value of fidelity bond cover | 2011-12-31 | $5,000,000 |
If this is an individual account plan, was there a blackout period | 2011-12-31 | No |
Funding deficiency by the employer to the plan for this plan year | 2011-12-31 | $0 |
Minimum employer required contribution for this plan year | 2011-12-31 | $0 |
Amount contributed by the employer to the plan for this plan year | 2011-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2011-12-31 | No |
Participant contributions at end of year | 2011-12-31 | $50,157 |
Participant contributions at beginning of year | 2011-12-31 | $105,634 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2011-12-31 | No |
Value of net income/loss | 2011-12-31 | $-678,165 |
Value of net assets at end of year (total assets less liabilities) | 2011-12-31 | $5,767,722 |
Value of net assets at beginning of year (total assets less liabilities) | 2011-12-31 | $6,445,887 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2011-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2011-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2011-12-31 | No |
Interest on participant loans | 2011-12-31 | $4,816 |
Interest earned on other investments | 2011-12-31 | $9 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2011-12-31 | $5,717,565 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2011-12-31 | $5,948,067 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2011-12-31 | $5,948,067 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2011-12-31 | $121,687 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2011-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2011-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2011-12-31 | No |
Employer contributions (assets) at beginning of year | 2011-12-31 | $392,186 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2011-12-31 | $764,057 |
Did the plan have assets held for investment | 2011-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2011-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2011-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2011-12-31 | No |
Opinion of an independent qualified public accountant for this plan | 2011-12-31 | Unqualified |
Accountancy firm name | 2011-12-31 | BERRY DUNN MCNEIL AND PARKER |
Accountancy firm EIN | 2011-12-31 | 010523282 |
2010 : THE BANK OF MAINE PROFIT SHARING PLAN & TRUST 2010 401k financial data |
---|
Total income from all sources (including contributions) | 2010-12-31 | $570,211 |
Total of all expenses incurred | 2010-12-31 | $2,209,841 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2010-12-31 | $2,172,181 |
Expenses. Certain deemed distributions of participant loans | 2010-12-31 | $37,660 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2010-12-31 | $392,186 |
Value of total assets at end of year | 2010-12-31 | $6,445,887 |
Value of total assets at beginning of year | 2010-12-31 | $8,085,517 |
Total interest from all sources | 2010-12-31 | $178,025 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2010-12-31 | No |
Was this plan covered by a fidelity bond | 2010-12-31 | Yes |
Value of fidelity bond cover | 2010-12-31 | $5,000,000 |
If this is an individual account plan, was there a blackout period | 2010-12-31 | No |
Funding deficiency by the employer to the plan for this plan year | 2010-12-31 | $0 |
Minimum employer required contribution for this plan year | 2010-12-31 | $392,186 |
Amount contributed by the employer to the plan for this plan year | 2010-12-31 | $392,186 |
Were there any nonexempt tranactions with any party-in-interest | 2010-12-31 | No |
Participant contributions at end of year | 2010-12-31 | $105,634 |
Participant contributions at beginning of year | 2010-12-31 | $99,058 |
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries) | 2010-12-31 | $50 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2010-12-31 | No |
Value of net income/loss | 2010-12-31 | $-1,639,630 |
Value of net assets at end of year (total assets less liabilities) | 2010-12-31 | $6,445,887 |
Value of net assets at beginning of year (total assets less liabilities) | 2010-12-31 | $8,085,517 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2010-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2010-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2010-12-31 | No |
Interest on participant loans | 2010-12-31 | $5,522 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2010-12-31 | $5,948,067 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2010-12-31 | $7,986,459 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2010-12-31 | $7,986,459 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2010-12-31 | $172,503 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2010-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2010-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2010-12-31 | No |
Contributions received in cash from employer | 2010-12-31 | $392,186 |
Employer contributions (assets) at end of year | 2010-12-31 | $392,186 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2010-12-31 | $2,172,131 |
Did the plan have assets held for investment | 2010-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2010-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2010-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2010-12-31 | No |
Opinion of an independent qualified public accountant for this plan | 2010-12-31 | Unqualified |
Accountancy firm name | 2010-12-31 | BERRY, DUNN, MCNEIL & PARKER |
Accountancy firm EIN | 2010-12-31 | 010523282 |
2009 : THE BANK OF MAINE PROFIT SHARING PLAN & TRUST 2009 401k financial data |
---|
Funding deficiency by the employer to the plan for this plan year | 2009-12-31 | $0 |
Minimum employer required contribution for this plan year | 2009-12-31 | $0 |
Amount contributed by the employer to the plan for this plan year | 2009-12-31 | $0 |