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BAR HARBOR BANKSHARES 401K PLAN 401k Plan overview

Plan NameBAR HARBOR BANKSHARES 401K PLAN
Plan identification number 002

BAR HARBOR BANKSHARES 401K PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Profit-sharing
  • ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
  • Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
  • Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
  • Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
  • Plan provides for automatic enrollment in plan that has employee contributions deducted from payroll.
  • Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
  • Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.

401k Sponsoring company profile

BAR HARBOR BANKSHARES has sponsored the creation of one or more 401k plans.

Company Name:BAR HARBOR BANKSHARES
Employer identification number (EIN):010393663
NAIC Classification:522110
NAIC Description:Commercial Banking

Additional information about BAR HARBOR BANKSHARES

Jurisdiction of Incorporation: Maine Bureau of Corporations, Elections & Commissions
Incorporation Date:
Company Identification Number: 19841105D

More information about BAR HARBOR BANKSHARES

Form 5500 Filing Information

Submission information for form 5500 for 401k plan BAR HARBOR BANKSHARES 401K PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022022-01-01
0022021-01-01
0022020-01-01
0022019-01-01
0022018-01-01DOUG STEWART
0022017-01-01DOUG STEWART
0022016-01-01MARSHA SAWYER
0022015-01-01MARSHA SAWYER MARSHA SAWYER2016-07-13
0022014-01-01MARSHA SAWYER MARSHA SAWYER2015-07-01
0022013-01-01MARSHA C. SAWYER MARSHA C. SAWYER2014-06-26
0022012-01-01MARSHA C. SAWYER
0022011-01-01MARSHA SAWYER
0022010-01-01MARSHA C. SAWYER MARSHA C. SAWYER2011-07-26
0022009-01-01MARSHA C. SAWYER

Plan Statistics for BAR HARBOR BANKSHARES 401K PLAN

401k plan membership statisitcs for BAR HARBOR BANKSHARES 401K PLAN

Measure Date Value
2022: BAR HARBOR BANKSHARES 401K PLAN 2022 401k membership
Total participants, beginning-of-year2022-01-01698
Total number of active participants reported on line 7a of the Form 55002022-01-01496
Number of retired or separated participants receiving benefits2022-01-0114
Number of other retired or separated participants entitled to future benefits2022-01-01195
Total of all active and inactive participants2022-01-01705
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2022-01-012
Total participants2022-01-01707
Number of participants with account balances2022-01-01697
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2022-01-010
2021: BAR HARBOR BANKSHARES 401K PLAN 2021 401k membership
Total participants, beginning-of-year2021-01-01727
Total number of active participants reported on line 7a of the Form 55002021-01-01496
Number of retired or separated participants receiving benefits2021-01-010
Number of other retired or separated participants entitled to future benefits2021-01-01202
Total of all active and inactive participants2021-01-01698
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-01-010
Total participants2021-01-01698
Number of participants with account balances2021-01-01690
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-01-010
2020: BAR HARBOR BANKSHARES 401K PLAN 2020 401k membership
Total participants, beginning-of-year2020-01-01704
Total number of active participants reported on line 7a of the Form 55002020-01-01541
Number of retired or separated participants receiving benefits2020-01-010
Number of other retired or separated participants entitled to future benefits2020-01-01185
Total of all active and inactive participants2020-01-01726
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-01-010
Total participants2020-01-01726
Number of participants with account balances2020-01-01709
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-010
2019: BAR HARBOR BANKSHARES 401K PLAN 2019 401k membership
Total participants, beginning-of-year2019-01-01680
Total number of active participants reported on line 7a of the Form 55002019-01-01527
Number of retired or separated participants receiving benefits2019-01-010
Number of other retired or separated participants entitled to future benefits2019-01-01166
Total of all active and inactive participants2019-01-01693
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-010
Total participants2019-01-01693
Number of participants with account balances2019-01-01683
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-010
2018: BAR HARBOR BANKSHARES 401K PLAN 2018 401k membership
Total participants, beginning-of-year2018-01-01664
Total number of active participants reported on line 7a of the Form 55002018-01-01503
Number of retired or separated participants receiving benefits2018-01-010
Number of other retired or separated participants entitled to future benefits2018-01-01159
Total of all active and inactive participants2018-01-01662
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-01-010
Total participants2018-01-01662
Number of participants with account balances2018-01-01649
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-01-010
2017: BAR HARBOR BANKSHARES 401K PLAN 2017 401k membership
Total participants, beginning-of-year2017-01-01303
Total number of active participants reported on line 7a of the Form 55002017-01-01472
Number of retired or separated participants receiving benefits2017-01-010
Number of other retired or separated participants entitled to future benefits2017-01-01182
Total of all active and inactive participants2017-01-01654
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-010
Total participants2017-01-01654
Number of participants with account balances2017-01-01633
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-010
2016: BAR HARBOR BANKSHARES 401K PLAN 2016 401k membership
Total participants, beginning-of-year2016-01-01276
Total number of active participants reported on line 7a of the Form 55002016-01-01213
Number of retired or separated participants receiving benefits2016-01-010
Number of other retired or separated participants entitled to future benefits2016-01-0162
Total of all active and inactive participants2016-01-01275
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-010
Total participants2016-01-01275
Number of participants with account balances2016-01-01260
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-010
2015: BAR HARBOR BANKSHARES 401K PLAN 2015 401k membership
Total participants, beginning-of-year2015-01-01275
Total number of active participants reported on line 7a of the Form 55002015-01-01206
Number of retired or separated participants receiving benefits2015-01-010
Number of other retired or separated participants entitled to future benefits2015-01-0154
Total of all active and inactive participants2015-01-01260
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-011
Total participants2015-01-01261
Number of participants with account balances2015-01-01237
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-010
2014: BAR HARBOR BANKSHARES 401K PLAN 2014 401k membership
Total participants, beginning-of-year2014-01-01252
Total number of active participants reported on line 7a of the Form 55002014-01-01225
Number of retired or separated participants receiving benefits2014-01-010
Number of other retired or separated participants entitled to future benefits2014-01-0143
Total of all active and inactive participants2014-01-01268
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-010
Total participants2014-01-01268
Number of participants with account balances2014-01-01244
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-010
2013: BAR HARBOR BANKSHARES 401K PLAN 2013 401k membership
Total participants, beginning-of-year2013-01-01257
Total number of active participants reported on line 7a of the Form 55002013-01-01212
Number of retired or separated participants receiving benefits2013-01-010
Number of other retired or separated participants entitled to future benefits2013-01-0135
Total of all active and inactive participants2013-01-01247
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-01-010
Total participants2013-01-01247
Number of participants with account balances2013-01-01227
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-01-010
2012: BAR HARBOR BANKSHARES 401K PLAN 2012 401k membership
Total participants, beginning-of-year2012-01-01241
Total number of active participants reported on line 7a of the Form 55002012-01-01215
Number of retired or separated participants receiving benefits2012-01-010
Number of other retired or separated participants entitled to future benefits2012-01-0140
Total of all active and inactive participants2012-01-01255
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-010
Total participants2012-01-01255
Number of participants with account balances2012-01-01229
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-010
2011: BAR HARBOR BANKSHARES 401K PLAN 2011 401k membership
Total participants, beginning-of-year2011-01-01250
Total number of active participants reported on line 7a of the Form 55002011-01-01200
Number of retired or separated participants receiving benefits2011-01-010
Number of other retired or separated participants entitled to future benefits2011-01-0137
Total of all active and inactive participants2011-01-01237
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-010
Total participants2011-01-01237
Number of participants with account balances2011-01-01214
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-010
2010: BAR HARBOR BANKSHARES 401K PLAN 2010 401k membership
Total participants, beginning-of-year2010-01-01237
Total number of active participants reported on line 7a of the Form 55002010-01-01203
Number of retired or separated participants receiving benefits2010-01-010
Number of other retired or separated participants entitled to future benefits2010-01-0145
Total of all active and inactive participants2010-01-01248
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2010-01-010
Total participants2010-01-01248
Number of participants with account balances2010-01-01220
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2010-01-010
2009: BAR HARBOR BANKSHARES 401K PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-01228
Total number of active participants reported on line 7a of the Form 55002009-01-01199
Number of retired or separated participants receiving benefits2009-01-010
Number of other retired or separated participants entitled to future benefits2009-01-0134
Total of all active and inactive participants2009-01-01233
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-010
Total participants2009-01-01233
Number of participants with account balances2009-01-01198
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-010

Financial Data on BAR HARBOR BANKSHARES 401K PLAN

Measure Date Value
2022 : BAR HARBOR BANKSHARES 401K PLAN 2022 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2022-12-31$387,118
Total unrealized appreciation/depreciation of assets2022-12-31$387,118
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-12-31$0
Total income from all sources (including contributions)2022-12-31$-2,110,032
Total loss/gain on sale of assets2022-12-31$-75,677
Total of all expenses incurred2022-12-31$5,504,591
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2022-12-31$5,455,434
Value of total corrective distributions2022-12-31$200
Total contributions o plan (from employers,participants, others, non cash contrinutions)2022-12-31$4,758,273
Value of total assets at end of year2022-12-31$47,418,798
Value of total assets at beginning of year2022-12-31$55,033,421
Total of administrative expenses incurred including professional, contract, advisory and management fees2022-12-31$48,957
Total interest from all sources2022-12-31$36,865
Total dividends received (eg from common stock, registered investment company shares)2022-12-31$1,468,201
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2022-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2022-12-31$1,300,096
Was this plan covered by a fidelity bond2022-12-31Yes
Value of fidelity bond cover2022-12-31$20,000,000
If this is an individual account plan, was there a blackout period2022-12-31No
Were there any nonexempt tranactions with any party-in-interest2022-12-31No
Contributions received from participants2022-12-31$2,802,625
Participant contributions at end of year2022-12-31$877,812
Participant contributions at beginning of year2022-12-31$601,005
Participant contributions at end of year2022-12-31$0
Participant contributions at beginning of year2022-12-31$60
Income. Received or receivable in cash from other sources (including rollovers)2022-12-31$620,589
Other income not declared elsewhere2022-12-31$206
Administrative expenses (other) incurred2022-12-31$48,957
Total non interest bearing cash at end of year2022-12-31$0
Total non interest bearing cash at beginning of year2022-12-31$16,850
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Value of net income/loss2022-12-31$-7,614,623
Value of net assets at end of year (total assets less liabilities)2022-12-31$47,418,798
Value of net assets at beginning of year (total assets less liabilities)2022-12-31$55,033,421
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2022-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2022-12-31No
Were any leases to which the plan was party in default or uncollectible2022-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2022-12-31$40,032,825
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2022-12-31$38,171,535
Interest on participant loans2022-12-31$36,865
Value of interest in common/collective trusts at end of year2022-12-31$1,439,472
Value of interest in common/collective trusts at beginning of year2022-12-31$10,645,616
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2022-12-31$0
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2022-12-31$1,867
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2022-12-31$1,867
Net investment gain/loss from registered investment companies (e.g. mutual funds)2022-12-31$-8,704,928
Net investment gain or loss from common/collective trusts2022-12-31$19,910
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2022-12-31No
Was there a failure to transmit to the plan any participant contributions2022-12-31No
Has the plan failed to provide any benefit when due under the plan2022-12-31No
Assets. Invements in employer securities at end of year2022-12-31$5,068,689
Assets. Invements in employer securities at beginning of year2022-12-31$5,586,279
Contributions received in cash from employer2022-12-31$1,335,059
Employer contributions (assets) at end of year2022-12-31$0
Employer contributions (assets) at beginning of year2022-12-31$10,209
Income. Dividends from common stock2022-12-31$168,105
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2022-12-31$5,455,434
Did the plan have assets held for investment2022-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2022-12-31No
Aggregate proceeds on sale of assets2022-12-31$933,527
Aggregate carrying amount (costs) on sale of assets2022-12-31$1,009,204
Opinion of an independent qualified public accountant for this plan2022-12-31Unqualified
Accountancy firm name2022-12-31RSM US LLP
Accountancy firm EIN2022-12-31420714325
2021 : BAR HARBOR BANKSHARES 401K PLAN 2021 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2021-12-31$1,240,353
Total unrealized appreciation/depreciation of assets2021-12-31$1,240,353
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-12-31$0
Total income from all sources (including contributions)2021-12-31$12,639,297
Total loss/gain on sale of assets2021-12-31$280,564
Total of all expenses incurred2021-12-31$9,540,347
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2021-12-31$9,523,983
Total contributions o plan (from employers,participants, others, non cash contrinutions)2021-12-31$4,582,810
Value of total assets at end of year2021-12-31$55,033,421
Value of total assets at beginning of year2021-12-31$51,934,471
Total of administrative expenses incurred including professional, contract, advisory and management fees2021-12-31$16,364
Total interest from all sources2021-12-31$32,158
Total dividends received (eg from common stock, registered investment company shares)2021-12-31$2,355,637
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2021-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2021-12-31$2,163,460
Administrative expenses professional fees incurred2021-12-31$16,364
Was this plan covered by a fidelity bond2021-12-31Yes
Value of fidelity bond cover2021-12-31$20,000,000
If this is an individual account plan, was there a blackout period2021-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2021-12-31$0
Were there any nonexempt tranactions with any party-in-interest2021-12-31No
Contributions received from participants2021-12-31$2,657,884
Participant contributions at end of year2021-12-31$601,005
Participant contributions at beginning of year2021-12-31$649,195
Participant contributions at end of year2021-12-31$60
Income. Received or receivable in cash from other sources (including rollovers)2021-12-31$597,180
Other income not declared elsewhere2021-12-31$341
Total non interest bearing cash at end of year2021-12-31$16,850
Total non interest bearing cash at beginning of year2021-12-31$276
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Value of net income/loss2021-12-31$3,098,950
Value of net assets at end of year (total assets less liabilities)2021-12-31$55,033,421
Value of net assets at beginning of year (total assets less liabilities)2021-12-31$51,934,471
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2021-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2021-12-31No
Were any leases to which the plan was party in default or uncollectible2021-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2021-12-31$38,171,535
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2021-12-31$35,927,471
Interest on participant loans2021-12-31$32,152
Value of interest in common/collective trusts at end of year2021-12-31$10,645,616
Value of interest in common/collective trusts at beginning of year2021-12-31$9,480,607
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2021-12-31$1,867
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2021-12-31$209
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2021-12-31$209
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2021-12-31$6
Net investment gain/loss from registered investment companies (e.g. mutual funds)2021-12-31$2,463,975
Net investment gain or loss from common/collective trusts2021-12-31$1,683,459
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2021-12-31No
Was there a failure to transmit to the plan any participant contributions2021-12-31No
Has the plan failed to provide any benefit when due under the plan2021-12-31No
Assets. Invements in employer securities at end of year2021-12-31$5,586,279
Assets. Invements in employer securities at beginning of year2021-12-31$5,876,713
Contributions received in cash from employer2021-12-31$1,327,746
Employer contributions (assets) at end of year2021-12-31$10,209
Income. Dividends from common stock2021-12-31$192,177
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2021-12-31$9,523,983
Did the plan have assets held for investment2021-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2021-12-31No
Aggregate proceeds on sale of assets2021-12-31$1,325,444
Aggregate carrying amount (costs) on sale of assets2021-12-31$1,044,880
Opinion of an independent qualified public accountant for this plan2021-12-31Unqualified
Accountancy firm name2021-12-31RSM US LLP
Accountancy firm EIN2021-12-31420714325
2020 : BAR HARBOR BANKSHARES 401K PLAN 2020 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2020-12-31$-610,165
Total unrealized appreciation/depreciation of assets2020-12-31$-610,165
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-12-31$0
Total income from all sources (including contributions)2020-12-31$11,012,152
Total loss/gain on sale of assets2020-12-31$-69,342
Total of all expenses incurred2020-12-31$3,380,627
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2020-12-31$3,368,233
Total contributions o plan (from employers,participants, others, non cash contrinutions)2020-12-31$5,212,929
Value of total assets at end of year2020-12-31$51,934,471
Value of total assets at beginning of year2020-12-31$44,302,946
Total of administrative expenses incurred including professional, contract, advisory and management fees2020-12-31$12,394
Total interest from all sources2020-12-31$44,090
Total dividends received (eg from common stock, registered investment company shares)2020-12-31$1,501,997
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2020-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2020-12-31$1,275,077
Administrative expenses professional fees incurred2020-12-31$12,394
Was this plan covered by a fidelity bond2020-12-31Yes
Value of fidelity bond cover2020-12-31$20,000,000
If this is an individual account plan, was there a blackout period2020-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2020-12-31$0
Were there any nonexempt tranactions with any party-in-interest2020-12-31No
Contributions received from participants2020-12-31$2,594,813
Participant contributions at end of year2020-12-31$649,195
Participant contributions at beginning of year2020-12-31$946,635
Income. Received or receivable in cash from other sources (including rollovers)2020-12-31$1,306,415
Total non interest bearing cash at end of year2020-12-31$276
Total non interest bearing cash at beginning of year2020-12-31$1,551
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Value of net income/loss2020-12-31$7,631,525
Value of net assets at end of year (total assets less liabilities)2020-12-31$51,934,471
Value of net assets at beginning of year (total assets less liabilities)2020-12-31$44,302,946
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2020-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2020-12-31No
Were any leases to which the plan was party in default or uncollectible2020-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2020-12-31$35,927,471
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2020-12-31$29,345,231
Interest on participant loans2020-12-31$43,896
Value of interest in common/collective trusts at end of year2020-12-31$9,480,607
Value of interest in common/collective trusts at beginning of year2020-12-31$7,540,980
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2020-12-31$209
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2020-12-31$10,852
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2020-12-31$10,852
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2020-12-31$194
Net investment gain/loss from registered investment companies (e.g. mutual funds)2020-12-31$3,856,804
Net investment gain or loss from common/collective trusts2020-12-31$1,075,839
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2020-12-31No
Was there a failure to transmit to the plan any participant contributions2020-12-31No
Has the plan failed to provide any benefit when due under the plan2020-12-31No
Assets. Invements in employer securities at end of year2020-12-31$5,876,713
Assets. Invements in employer securities at beginning of year2020-12-31$6,457,697
Contributions received in cash from employer2020-12-31$1,311,701
Income. Dividends from common stock2020-12-31$226,920
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2020-12-31$3,368,233
Did the plan have assets held for investment2020-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2020-12-31No
Aggregate proceeds on sale of assets2020-12-31$449,865
Aggregate carrying amount (costs) on sale of assets2020-12-31$519,207
Opinion of an independent qualified public accountant for this plan2020-12-31Unqualified
Accountancy firm name2020-12-31RMS US LLP
Accountancy firm EIN2020-12-31420714325
2019 : BAR HARBOR BANKSHARES 401K PLAN 2019 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2019-12-31$-434,382
Total unrealized appreciation/depreciation of assets2019-12-31$-434,382
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$0
Total income from all sources (including contributions)2019-12-31$11,374,156
Total loss/gain on sale of assets2019-12-31$49,057
Total of all expenses incurred2019-12-31$6,030,266
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-12-31$5,949,134
Total contributions o plan (from employers,participants, others, non cash contrinutions)2019-12-31$4,028,192
Value of total assets at end of year2019-12-31$44,302,946
Value of total assets at beginning of year2019-12-31$38,959,056
Total of administrative expenses incurred including professional, contract, advisory and management fees2019-12-31$81,132
Total interest from all sources2019-12-31$48,485
Total dividends received (eg from common stock, registered investment company shares)2019-12-31$1,403,529
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2019-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2019-12-31$1,235,290
Administrative expenses professional fees incurred2019-12-31$69,477
Was this plan covered by a fidelity bond2019-12-31Yes
Value of fidelity bond cover2019-12-31$20,000,000
If this is an individual account plan, was there a blackout period2019-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2019-12-31$0
Were there any nonexempt tranactions with any party-in-interest2019-12-31No
Contributions received from participants2019-12-31$2,308,157
Participant contributions at end of year2019-12-31$946,635
Participant contributions at beginning of year2019-12-31$946,961
Income. Received or receivable in cash from other sources (including rollovers)2019-12-31$499,637
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2019-12-31$0
Other income not declared elsewhere2019-12-31$27,300
Total non interest bearing cash at end of year2019-12-31$1,551
Total non interest bearing cash at beginning of year2019-12-31$37,457
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Value of net income/loss2019-12-31$5,343,890
Value of net assets at end of year (total assets less liabilities)2019-12-31$44,302,946
Value of net assets at beginning of year (total assets less liabilities)2019-12-31$38,959,056
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2019-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2019-12-31No
Were any leases to which the plan was party in default or uncollectible2019-12-31No
Investment advisory and management fees2019-12-31$11,655
Value of interest in registered invesment companies (eg mutual funds) at end of year2019-12-31$29,345,231
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2019-12-31$25,972,826
Interest on participant loans2019-12-31$48,485
Value of interest in common/collective trusts at end of year2019-12-31$7,540,980
Value of interest in common/collective trusts at beginning of year2019-12-31$6,021,068
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2019-12-31$10,852
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2019-12-31$1,076
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2019-12-31$1,076
Net investment gain/loss from registered investment companies (e.g. mutual funds)2019-12-31$5,040,456
Net investment gain or loss from common/collective trusts2019-12-31$1,211,519
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2019-12-31No
Was there a failure to transmit to the plan any participant contributions2019-12-31No
Has the plan failed to provide any benefit when due under the plan2019-12-31No
Assets. Invements in employer securities at end of year2019-12-31$6,457,697
Assets. Invements in employer securities at beginning of year2019-12-31$5,979,668
Contributions received in cash from employer2019-12-31$1,220,398
Employer contributions (assets) at beginning of year2019-12-31$0
Income. Dividends from common stock2019-12-31$168,239
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-12-31$5,949,134
Did the plan have assets held for investment2019-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2019-12-31No
Aggregate proceeds on sale of assets2019-12-31$679,264
Aggregate carrying amount (costs) on sale of assets2019-12-31$630,207
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2019-12-31No
Opinion of an independent qualified public accountant for this plan2019-12-31Unqualified
Accountancy firm name2019-12-31RSM US LLP
Accountancy firm EIN2019-12-31420714325
2018 : BAR HARBOR BANKSHARES 401K PLAN 2018 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2018-12-31$-1,209,722
Total unrealized appreciation/depreciation of assets2018-12-31$-1,209,722
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-12-31$0
Total income from all sources (including contributions)2018-12-31$1,569,226
Total loss/gain on sale of assets2018-12-31$54,917
Total of all expenses incurred2018-12-31$6,602,941
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2018-12-31$6,498,753
Total contributions o plan (from employers,participants, others, non cash contrinutions)2018-12-31$3,883,271
Value of total assets at end of year2018-12-31$38,959,056
Value of total assets at beginning of year2018-12-31$43,992,771
Total of administrative expenses incurred including professional, contract, advisory and management fees2018-12-31$104,188
Total interest from all sources2018-12-31$45,616
Total dividends received (eg from common stock, registered investment company shares)2018-12-31$1,365,823
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2018-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2018-12-31$1,152,224
Administrative expenses professional fees incurred2018-12-31$79,853
Was this plan covered by a fidelity bond2018-12-31Yes
Value of fidelity bond cover2018-12-31$15,000,000
If this is an individual account plan, was there a blackout period2018-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2018-12-31$0
Were there any nonexempt tranactions with any party-in-interest2018-12-31No
Contributions received from participants2018-12-31$2,111,666
Participant contributions at end of year2018-12-31$946,961
Participant contributions at beginning of year2018-12-31$1,059,813
Income. Received or receivable in cash from other sources (including rollovers)2018-12-31$680,247
Value of other receiveables (less allowance for doubtful accounts) at end of year2018-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2018-12-31$69,962
Other income not declared elsewhere2018-12-31$98,694
Total non interest bearing cash at end of year2018-12-31$37,457
Total non interest bearing cash at beginning of year2018-12-31$70,482
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Value of net income/loss2018-12-31$-5,033,715
Value of net assets at end of year (total assets less liabilities)2018-12-31$38,959,056
Value of net assets at beginning of year (total assets less liabilities)2018-12-31$43,992,771
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2018-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2018-12-31No
Were any leases to which the plan was party in default or uncollectible2018-12-31No
Investment advisory and management fees2018-12-31$24,335
Value of interest in registered invesment companies (eg mutual funds) at end of year2018-12-31$25,972,826
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2018-12-31$28,687,222
Interest on participant loans2018-12-31$45,616
Value of interest in common/collective trusts at end of year2018-12-31$6,021,068
Value of interest in common/collective trusts at beginning of year2018-12-31$6,352,269
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2018-12-31$1,076
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2018-12-31$315
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2018-12-31$315
Net investment gain/loss from registered investment companies (e.g. mutual funds)2018-12-31$-2,429,527
Net investment gain or loss from common/collective trusts2018-12-31$-239,846
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2018-12-31No
Was there a failure to transmit to the plan any participant contributions2018-12-31No
Has the plan failed to provide any benefit when due under the plan2018-12-31No
Assets. Invements in employer securities at end of year2018-12-31$5,979,668
Assets. Invements in employer securities at beginning of year2018-12-31$7,752,575
Contributions received in cash from employer2018-12-31$1,091,358
Employer contributions (assets) at end of year2018-12-31$0
Employer contributions (assets) at beginning of year2018-12-31$133
Income. Dividends from common stock2018-12-31$213,599
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2018-12-31$6,498,753
Did the plan have assets held for investment2018-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2018-12-31No
Aggregate proceeds on sale of assets2018-12-31$1,155,425
Aggregate carrying amount (costs) on sale of assets2018-12-31$1,100,508
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2018-12-31No
Opinion of an independent qualified public accountant for this plan2018-12-31Unqualified
Accountancy firm name2018-12-31RSM US LLP
Accountancy firm EIN2018-12-31420714325
2017 : BAR HARBOR BANKSHARES 401K PLAN 2017 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2017-12-31$-923,317
Total unrealized appreciation/depreciation of assets2017-12-31$-923,317
Total transfer of assets to this plan2017-12-31$23,366,857
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2017-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2017-12-31$0
Total income from all sources (including contributions)2017-12-31$7,658,454
Total loss/gain on sale of assets2017-12-31$-67,219
Total of all expenses incurred2017-12-31$7,713,355
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2017-12-31$7,609,552
Total contributions o plan (from employers,participants, others, non cash contrinutions)2017-12-31$3,457,923
Value of total assets at end of year2017-12-31$43,992,771
Value of total assets at beginning of year2017-12-31$20,680,815
Total of administrative expenses incurred including professional, contract, advisory and management fees2017-12-31$103,803
Total interest from all sources2017-12-31$43,962
Total dividends received (eg from common stock, registered investment company shares)2017-12-31$993,237
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2017-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2017-12-31$771,969
Administrative expenses professional fees incurred2017-12-31$83,611
Was this plan covered by a fidelity bond2017-12-31Yes
Value of fidelity bond cover2017-12-31$15,000,000
If this is an individual account plan, was there a blackout period2017-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2017-12-31$0
Were there any nonexempt tranactions with any party-in-interest2017-12-31No
Contributions received from participants2017-12-31$1,968,246
Participant contributions at end of year2017-12-31$1,059,813
Participant contributions at beginning of year2017-12-31$478,112
Income. Received or receivable in cash from other sources (including rollovers)2017-12-31$496,951
Value of other receiveables (less allowance for doubtful accounts) at end of year2017-12-31$69,962
Other income not declared elsewhere2017-12-31$93,736
Total non interest bearing cash at end of year2017-12-31$70,482
Total non interest bearing cash at beginning of year2017-12-31$28,613
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Value of net income/loss2017-12-31$-54,901
Value of net assets at end of year (total assets less liabilities)2017-12-31$43,992,771
Value of net assets at beginning of year (total assets less liabilities)2017-12-31$20,680,815
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2017-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2017-12-31No
Were any leases to which the plan was party in default or uncollectible2017-12-31No
Investment advisory and management fees2017-12-31$20,192
Value of interest in registered invesment companies (eg mutual funds) at end of year2017-12-31$28,687,222
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2017-12-31$10,776,417
Interest on participant loans2017-12-31$43,962
Value of interest in common/collective trusts at end of year2017-12-31$6,352,269
Value of interest in common/collective trusts at beginning of year2017-12-31$3,783,290
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2017-12-31$315
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2017-12-31$563
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2017-12-31$563
Net investment gain/loss from registered investment companies (e.g. mutual funds)2017-12-31$3,298,513
Net investment gain or loss from common/collective trusts2017-12-31$761,619
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2017-12-31No
Was there a failure to transmit to the plan any participant contributions2017-12-31Yes
Has the plan failed to provide any benefit when due under the plan2017-12-31No
Assets. Invements in employer securities at end of year2017-12-31$7,752,575
Assets. Invements in employer securities at beginning of year2017-12-31$5,613,820
Contributions received in cash from employer2017-12-31$992,726
Employer contributions (assets) at end of year2017-12-31$133
Employer contributions (assets) at beginning of year2017-12-31$0
Income. Dividends from common stock2017-12-31$221,268
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2017-12-31$7,609,552
Did the plan have assets held for investment2017-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2017-12-31No
Aggregate proceeds on sale of assets2017-12-31$982,149
Aggregate carrying amount (costs) on sale of assets2017-12-31$1,049,368
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2017-12-31No
Opinion of an independent qualified public accountant for this plan2017-12-31Unqualified
Accountancy firm name2017-12-31RSM US LLP
Accountancy firm EIN2017-12-31420714325
2016 : BAR HARBOR BANKSHARES 401K PLAN 2016 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2016-12-31$1,957,054
Total unrealized appreciation/depreciation of assets2016-12-31$1,957,054
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2016-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2016-12-31$0
Total income from all sources (including contributions)2016-12-31$4,731,419
Total loss/gain on sale of assets2016-12-31$3,574
Total of all expenses incurred2016-12-31$3,706,506
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2016-12-31$3,657,424
Total contributions o plan (from employers,participants, others, non cash contrinutions)2016-12-31$1,592,231
Value of total assets at end of year2016-12-31$20,680,815
Value of total assets at beginning of year2016-12-31$19,655,902
Total of administrative expenses incurred including professional, contract, advisory and management fees2016-12-31$49,082
Total interest from all sources2016-12-31$17,735
Total dividends received (eg from common stock, registered investment company shares)2016-12-31$551,356
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2016-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2016-12-31$373,477
Administrative expenses professional fees incurred2016-12-31$47,004
Was this plan covered by a fidelity bond2016-12-31Yes
Value of fidelity bond cover2016-12-31$10,000,000
If this is an individual account plan, was there a blackout period2016-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2016-12-31$0
Were there any nonexempt tranactions with any party-in-interest2016-12-31No
Contributions received from participants2016-12-31$953,782
Participant contributions at end of year2016-12-31$478,112
Participant contributions at beginning of year2016-12-31$448,139
Income. Received or receivable in cash from other sources (including rollovers)2016-12-31$185,646
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2016-12-31$0
Other income not declared elsewhere2016-12-31$37,940
Total non interest bearing cash at end of year2016-12-31$28,613
Total non interest bearing cash at beginning of year2016-12-31$13,891
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Value of net income/loss2016-12-31$1,024,913
Value of net assets at end of year (total assets less liabilities)2016-12-31$20,680,815
Value of net assets at beginning of year (total assets less liabilities)2016-12-31$19,655,902
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2016-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2016-12-31No
Were any leases to which the plan was party in default or uncollectible2016-12-31No
Investment advisory and management fees2016-12-31$2,078
Value of interest in registered invesment companies (eg mutual funds) at end of year2016-12-31$10,776,417
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2016-12-31$12,525,206
Interest on participant loans2016-12-31$17,735
Value of interest in common/collective trusts at end of year2016-12-31$3,783,290
Value of interest in common/collective trusts at beginning of year2016-12-31$999,659
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2016-12-31$563
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2016-12-31$467
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2016-12-31$467
Net investment gain/loss from registered investment companies (e.g. mutual funds)2016-12-31$384,127
Net investment gain or loss from common/collective trusts2016-12-31$187,402
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2016-12-31No
Was there a failure to transmit to the plan any participant contributions2016-12-31No
Has the plan failed to provide any benefit when due under the plan2016-12-31No
Assets. Invements in employer securities at end of year2016-12-31$5,613,820
Assets. Invements in employer securities at beginning of year2016-12-31$5,666,820
Contributions received in cash from employer2016-12-31$452,803
Employer contributions (assets) at end of year2016-12-31$0
Employer contributions (assets) at beginning of year2016-12-31$1,720
Income. Dividends from common stock2016-12-31$177,879
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2016-12-31$3,657,424
Liabilities. Value of benefit claims payable at beginning of year2016-12-31$0
Did the plan have assets held for investment2016-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2016-12-31No
Aggregate proceeds on sale of assets2016-12-31$463,631
Aggregate carrying amount (costs) on sale of assets2016-12-31$460,057
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2016-12-31No
Opinion of an independent qualified public accountant for this plan2016-12-31Unqualified
Accountancy firm name2016-12-31RSM US LLP
Accountancy firm EIN2016-12-31420714325
2015 : BAR HARBOR BANKSHARES 401K PLAN 2015 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2015-12-31$398,996
Total unrealized appreciation/depreciation of assets2015-12-31$398,996
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2015-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2015-12-31$0
Total income from all sources (including contributions)2015-12-31$2,508,850
Total loss/gain on sale of assets2015-12-31$23,106
Total of all expenses incurred2015-12-31$2,682,434
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2015-12-31$2,637,456
Total contributions o plan (from employers,participants, others, non cash contrinutions)2015-12-31$1,777,474
Value of total assets at end of year2015-12-31$19,655,902
Value of total assets at beginning of year2015-12-31$19,829,486
Total of administrative expenses incurred including professional, contract, advisory and management fees2015-12-31$44,978
Total interest from all sources2015-12-31$17,615
Total dividends received (eg from common stock, registered investment company shares)2015-12-31$701,028
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2015-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2015-12-31$528,451
Administrative expenses professional fees incurred2015-12-31$43,802
Was this plan covered by a fidelity bond2015-12-31Yes
Value of fidelity bond cover2015-12-31$10,000,000
If this is an individual account plan, was there a blackout period2015-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2015-12-31$0
Were there any nonexempt tranactions with any party-in-interest2015-12-31No
Contributions received from participants2015-12-31$905,229
Participant contributions at end of year2015-12-31$448,139
Participant contributions at beginning of year2015-12-31$444,709
Income. Received or receivable in cash from other sources (including rollovers)2015-12-31$465,681
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2015-12-31$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2015-12-31$0
Other income not declared elsewhere2015-12-31$41,877
Total non interest bearing cash at end of year2015-12-31$13,891
Total non interest bearing cash at beginning of year2015-12-31$9,749
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2015-12-31No
Value of net income/loss2015-12-31$-173,584
Value of net assets at end of year (total assets less liabilities)2015-12-31$19,655,902
Value of net assets at beginning of year (total assets less liabilities)2015-12-31$19,829,486
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2015-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2015-12-31No
Were any leases to which the plan was party in default or uncollectible2015-12-31No
Investment advisory and management fees2015-12-31$1,176
Value of interest in registered invesment companies (eg mutual funds) at end of year2015-12-31$12,525,206
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2015-12-31$12,938,226
Interest on participant loans2015-12-31$17,611
Value of interest in common/collective trusts at end of year2015-12-31$999,659
Value of interest in common/collective trusts at beginning of year2015-12-31$832,234
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2015-12-31$467
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2015-12-31$1,045
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2015-12-31$1,045
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2015-12-31$4
Net investment gain/loss from registered investment companies (e.g. mutual funds)2015-12-31$-456,321
Net investment gain or loss from common/collective trusts2015-12-31$5,075
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2015-12-31No
Was there a failure to transmit to the plan any participant contributions2015-12-31No
Has the plan failed to provide any benefit when due under the plan2015-12-31No
Assets. Invements in employer securities at end of year2015-12-31$5,666,820
Assets. Invements in employer securities at beginning of year2015-12-31$5,584,286
Contributions received in cash from employer2015-12-31$406,564
Employer contributions (assets) at end of year2015-12-31$1,720
Employer contributions (assets) at beginning of year2015-12-31$19,237
Income. Dividends from common stock2015-12-31$172,577
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2015-12-31$2,637,456
Liabilities. Value of benefit claims payable at end of year2015-12-31$0
Liabilities. Value of benefit claims payable at beginning of year2015-12-31$0
Did the plan have assets held for investment2015-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2015-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2015-12-31No
Aggregate proceeds on sale of assets2015-12-31$376,021
Aggregate carrying amount (costs) on sale of assets2015-12-31$352,915
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2015-12-31No
Opinion of an independent qualified public accountant for this plan2015-12-31Unqualified
Accountancy firm name2015-12-31RSM US LLP
Accountancy firm EIN2015-12-31420714325
2014 : BAR HARBOR BANKSHARES 401K PLAN 2014 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2014-12-31$941,891
Total unrealized appreciation/depreciation of assets2014-12-31$941,891
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2014-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2014-12-31$0
Total income from all sources (including contributions)2014-12-31$3,377,216
Total loss/gain on sale of assets2014-12-31$2,867
Total of all expenses incurred2014-12-31$1,325,093
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2014-12-31$1,283,249
Total contributions o plan (from employers,participants, others, non cash contrinutions)2014-12-31$1,438,000
Value of total assets at end of year2014-12-31$19,829,486
Value of total assets at beginning of year2014-12-31$17,777,363
Total of administrative expenses incurred including professional, contract, advisory and management fees2014-12-31$41,844
Total interest from all sources2014-12-31$16,873
Total dividends received (eg from common stock, registered investment company shares)2014-12-31$583,804
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2014-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2014-12-31$429,768
Administrative expenses professional fees incurred2014-12-31$41,200
Was this plan covered by a fidelity bond2014-12-31Yes
Value of fidelity bond cover2014-12-31$10,000,000
If this is an individual account plan, was there a blackout period2014-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2014-12-31$0
Were there any nonexempt tranactions with any party-in-interest2014-12-31No
Contributions received from participants2014-12-31$906,112
Participant contributions at end of year2014-12-31$444,709
Participant contributions at beginning of year2014-12-31$370,179
Income. Received or receivable in cash from other sources (including rollovers)2014-12-31$129,804
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2014-12-31$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2014-12-31$0
Other income not declared elsewhere2014-12-31$38,175
Total non interest bearing cash at end of year2014-12-31$9,749
Total non interest bearing cash at beginning of year2014-12-31$9,293
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2014-12-31No
Value of net income/loss2014-12-31$2,052,123
Value of net assets at end of year (total assets less liabilities)2014-12-31$19,829,486
Value of net assets at beginning of year (total assets less liabilities)2014-12-31$17,777,363
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2014-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2014-12-31No
Were any leases to which the plan was party in default or uncollectible2014-12-31No
Investment advisory and management fees2014-12-31$644
Value of interest in registered invesment companies (eg mutual funds) at end of year2014-12-31$12,938,226
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2014-12-31$11,983,352
Interest on participant loans2014-12-31$16,870
Value of interest in common/collective trusts at end of year2014-12-31$832,234
Value of interest in common/collective trusts at beginning of year2014-12-31$997,970
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2014-12-31$1,045
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2014-12-31$5,113
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2014-12-31$5,113
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2014-12-31$3
Net investment gain/loss from registered investment companies (e.g. mutual funds)2014-12-31$351,156
Net investment gain or loss from common/collective trusts2014-12-31$4,450
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2014-12-31No
Was there a failure to transmit to the plan any participant contributions2014-12-31Yes
Has the plan failed to provide any benefit when due under the plan2014-12-31No
Assets. Invements in employer securities at end of year2014-12-31$5,584,286
Assets. Invements in employer securities at beginning of year2014-12-31$4,411,377
Contributions received in cash from employer2014-12-31$402,084
Employer contributions (assets) at end of year2014-12-31$19,237
Employer contributions (assets) at beginning of year2014-12-31$79
Income. Dividends from common stock2014-12-31$154,036
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2014-12-31$1,283,249
Liabilities. Value of benefit claims payable at end of year2014-12-31$0
Liabilities. Value of benefit claims payable at beginning of year2014-12-31$0
Did the plan have assets held for investment2014-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2014-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2014-12-31No
Aggregate proceeds on sale of assets2014-12-31$194,973
Aggregate carrying amount (costs) on sale of assets2014-12-31$192,106
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2014-12-31No
Opinion of an independent qualified public accountant for this plan2014-12-31Unqualified
Accountancy firm name2014-12-31KPMG LLC
Accountancy firm EIN2014-12-31135565207
2013 : BAR HARBOR BANKSHARES 401K PLAN 2013 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2013-12-31$662,997
Total unrealized appreciation/depreciation of assets2013-12-31$662,997
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$180,181
Total income from all sources (including contributions)2013-12-31$4,263,882
Total loss/gain on sale of assets2013-12-31$17,545
Total of all expenses incurred2013-12-31$1,409,883
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2013-12-31$1,372,627
Total contributions o plan (from employers,participants, others, non cash contrinutions)2013-12-31$1,202,555
Value of total assets at end of year2013-12-31$17,777,363
Value of total assets at beginning of year2013-12-31$15,103,545
Total of administrative expenses incurred including professional, contract, advisory and management fees2013-12-31$37,256
Total interest from all sources2013-12-31$17,857
Total dividends received (eg from common stock, registered investment company shares)2013-12-31$410,367
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2013-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2013-12-31$275,394
Administrative expenses professional fees incurred2013-12-31$34,906
Was this plan covered by a fidelity bond2013-12-31Yes
Value of fidelity bond cover2013-12-31$10,000,000
If this is an individual account plan, was there a blackout period2013-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2013-12-31$0
Were there any nonexempt tranactions with any party-in-interest2013-12-31No
Contributions received from participants2013-12-31$817,324
Participant contributions at end of year2013-12-31$370,179
Participant contributions at beginning of year2013-12-31$457,669
Income. Received or receivable in cash from other sources (including rollovers)2013-12-31$19,069
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2013-12-31$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2013-12-31$2,515
Other income not declared elsewhere2013-12-31$34,014
Total non interest bearing cash at end of year2013-12-31$9,293
Total non interest bearing cash at beginning of year2013-12-31$198,368
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2013-12-31No
Value of net income/loss2013-12-31$2,853,999
Value of net assets at end of year (total assets less liabilities)2013-12-31$17,777,363
Value of net assets at beginning of year (total assets less liabilities)2013-12-31$14,923,364
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2013-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2013-12-31No
Were any leases to which the plan was party in default or uncollectible2013-12-31No
Investment advisory and management fees2013-12-31$2,350
Value of interest in registered invesment companies (eg mutual funds) at end of year2013-12-31$11,983,352
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2013-12-31$9,372,259
Interest on participant loans2013-12-31$17,855
Value of interest in common/collective trusts at end of year2013-12-31$997,970
Value of interest in common/collective trusts at beginning of year2013-12-31$1,462,877
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2013-12-31$5,113
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2013-12-31$1
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2013-12-31$1
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2013-12-31$2
Net investment gain/loss from registered investment companies (e.g. mutual funds)2013-12-31$1,912,341
Net investment gain or loss from common/collective trusts2013-12-31$6,206
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2013-12-31No
Was there a failure to transmit to the plan any participant contributions2013-12-31Yes
Has the plan failed to provide any benefit when due under the plan2013-12-31No
Assets. Invements in employer securities at end of year2013-12-31$4,411,377
Assets. Invements in employer securities at beginning of year2013-12-31$3,612,371
Contributions received in cash from employer2013-12-31$366,162
Employer contributions (assets) at end of year2013-12-31$79
Income. Dividends from common stock2013-12-31$134,973
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2013-12-31$1,372,627
Liabilities. Value of benefit claims payable at end of year2013-12-31$0
Liabilities. Value of benefit claims payable at beginning of year2013-12-31$177,666
Did the plan have assets held for investment2013-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2013-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2013-12-31No
Aggregate proceeds on sale of assets2013-12-31$323,627
Aggregate carrying amount (costs) on sale of assets2013-12-31$306,082
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2013-12-31No
Opinion of an independent qualified public accountant for this plan2013-12-31Unqualified
Accountancy firm name2013-12-31KPMG LLP
Accountancy firm EIN2013-12-31135565207
2012 : BAR HARBOR BANKSHARES 401K PLAN 2012 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2012-12-31$330,594
Total unrealized appreciation/depreciation of assets2012-12-31$330,594
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2012-12-31$180,181
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2012-12-31$0
Total income from all sources (including contributions)2012-12-31$3,134,051
Total loss/gain on sale of assets2012-12-31$21,517
Total of all expenses incurred2012-12-31$644,841
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2012-12-31$618,237
Total contributions o plan (from employers,participants, others, non cash contrinutions)2012-12-31$1,464,103
Value of total assets at end of year2012-12-31$15,103,545
Value of total assets at beginning of year2012-12-31$12,434,154
Total of administrative expenses incurred including professional, contract, advisory and management fees2012-12-31$26,604
Total interest from all sources2012-12-31$20,889
Total dividends received (eg from common stock, registered investment company shares)2012-12-31$377,590
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2012-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2012-12-31$256,586
Administrative expenses professional fees incurred2012-12-31$23,988
Was this plan covered by a fidelity bond2012-12-31Yes
Value of fidelity bond cover2012-12-31$10,000,000
If this is an individual account plan, was there a blackout period2012-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2012-12-31$0
Were there any nonexempt tranactions with any party-in-interest2012-12-31No
Contributions received from participants2012-12-31$715,391
Participant contributions at end of year2012-12-31$457,669
Participant contributions at beginning of year2012-12-31$456,373
Income. Received or receivable in cash from other sources (including rollovers)2012-12-31$431,656
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2012-12-31$136
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2012-12-31$2,515
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2012-12-31$0
Other income not declared elsewhere2012-12-31$25,480
Administrative expenses (other) incurred2012-12-31$-15
Total non interest bearing cash at end of year2012-12-31$198,368
Total non interest bearing cash at beginning of year2012-12-31$23,234
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2012-12-31No
Value of net income/loss2012-12-31$2,489,210
Value of net assets at end of year (total assets less liabilities)2012-12-31$14,923,364
Value of net assets at beginning of year (total assets less liabilities)2012-12-31$12,434,154
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2012-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2012-12-31No
Were any leases to which the plan was party in default or uncollectible2012-12-31No
Investment advisory and management fees2012-12-31$2,631
Value of interest in registered invesment companies (eg mutual funds) at end of year2012-12-31$9,372,259
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2012-12-31$7,525,149
Interest on participant loans2012-12-31$20,845
Value of interest in common/collective trusts at end of year2012-12-31$1,462,877
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2012-12-31$1
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2012-12-31$1,444,693
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2012-12-31$1,444,693
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2012-12-31$44
Net investment gain/loss from registered investment companies (e.g. mutual funds)2012-12-31$886,811
Net investment gain or loss from common/collective trusts2012-12-31$7,067
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2012-12-31No
Was there a failure to transmit to the plan any participant contributions2012-12-31Yes
Has the plan failed to provide any benefit when due under the plan2012-12-31No
Assets. Invements in employer securities at end of year2012-12-31$3,612,371
Assets. Invements in employer securities at beginning of year2012-12-31$2,984,569
Contributions received in cash from employer2012-12-31$317,056
Income. Dividends from common stock2012-12-31$121,004
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2012-12-31$618,237
Liabilities. Value of benefit claims payable at end of year2012-12-31$177,666
Did the plan have assets held for investment2012-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2012-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2012-12-31No
Aggregate proceeds on sale of assets2012-12-31$193,399
Aggregate carrying amount (costs) on sale of assets2012-12-31$171,882
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2012-12-31No
Opinion of an independent qualified public accountant for this plan2012-12-31Unqualified
Accountancy firm name2012-12-31KPMG LLP
Accountancy firm EIN2012-12-31135565207
2011 : BAR HARBOR BANKSHARES 401K PLAN 2011 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2011-12-31$92,573
Total unrealized appreciation/depreciation of assets2011-12-31$92,573
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-12-31$81,040
Total income from all sources (including contributions)2011-12-31$1,209,012
Total loss/gain on sale of assets2011-12-31$-891
Total of all expenses incurred2011-12-31$297,977
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2011-12-31$274,757
Total contributions o plan (from employers,participants, others, non cash contrinutions)2011-12-31$1,227,609
Value of total assets at end of year2011-12-31$12,434,154
Value of total assets at beginning of year2011-12-31$11,604,159
Total of administrative expenses incurred including professional, contract, advisory and management fees2011-12-31$23,220
Total interest from all sources2011-12-31$22,212
Total dividends received (eg from common stock, registered investment company shares)2011-12-31$214,349
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2011-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2011-12-31$112,022
Administrative expenses professional fees incurred2011-12-31$23,118
Was this plan covered by a fidelity bond2011-12-31Yes
Value of fidelity bond cover2011-12-31$10,000,000
If this is an individual account plan, was there a blackout period2011-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2011-12-31$0
Were there any nonexempt tranactions with any party-in-interest2011-12-31No
Contributions received from participants2011-12-31$670,829
Participant contributions at end of year2011-12-31$456,373
Participant contributions at beginning of year2011-12-31$409,239
Participant contributions at beginning of year2011-12-31$0
Income. Received or receivable in cash from other sources (including rollovers)2011-12-31$253,325
Value of other receiveables (less allowance for doubtful accounts) at end of year2011-12-31$136
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2011-12-31$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2011-12-31$81,040
Other income not declared elsewhere2011-12-31$24,140
Administrative expenses (other) incurred2011-12-31$102
Total non interest bearing cash at end of year2011-12-31$23,234
Total non interest bearing cash at beginning of year2011-12-31$84,176
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Value of net income/loss2011-12-31$911,035
Value of net assets at end of year (total assets less liabilities)2011-12-31$12,434,154
Value of net assets at beginning of year (total assets less liabilities)2011-12-31$11,523,119
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2011-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2011-12-31No
Were any leases to which the plan was party in default or uncollectible2011-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2011-12-31$7,525,149
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2011-12-31$7,397,473
Interest on participant loans2011-12-31$22,091
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2011-12-31$1,444,693
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2011-12-31$1,144,234
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2011-12-31$1,144,234
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2011-12-31$121
Net investment gain/loss from registered investment companies (e.g. mutual funds)2011-12-31$-370,980
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2011-12-31No
Was there a failure to transmit to the plan any participant contributions2011-12-31No
Has the plan failed to provide any benefit when due under the plan2011-12-31No
Assets. Invements in employer securities at end of year2011-12-31$2,984,569
Assets. Invements in employer securities at beginning of year2011-12-31$2,569,037
Contributions received in cash from employer2011-12-31$303,455
Employer contributions (assets) at beginning of year2011-12-31$0
Income. Dividends from common stock2011-12-31$102,327
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2011-12-31$274,757
Did the plan have assets held for investment2011-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2011-12-31No
Aggregate proceeds on sale of assets2011-12-31$121,264
Aggregate carrying amount (costs) on sale of assets2011-12-31$122,155
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2011-12-31No
Opinion of an independent qualified public accountant for this plan2011-12-31Unqualified
Accountancy firm name2011-12-31KPMG LLP
Accountancy firm EIN2011-12-31135565207
2010 : BAR HARBOR BANKSHARES 401K PLAN 2010 401k financial data
Total unrealized appreciation/depreciation of assets2010-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2010-12-31$81,040
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2010-12-31$0
Total income from all sources (including contributions)2010-12-31$2,026,189
Total loss/gain on sale of assets2010-12-31$0
Total of all expenses incurred2010-12-31$515,352
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2010-12-31$494,704
Total contributions o plan (from employers,participants, others, non cash contrinutions)2010-12-31$977,803
Value of total assets at end of year2010-12-31$11,604,159
Value of total assets at beginning of year2010-12-31$10,012,282
Total of administrative expenses incurred including professional, contract, advisory and management fees2010-12-31$20,648
Total interest from all sources2010-12-31$22,453
Total dividends received (eg from common stock, registered investment company shares)2010-12-31$186,774
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2010-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2010-12-31$103,204
Administrative expenses professional fees incurred2010-12-31$18,757
Was this plan covered by a fidelity bond2010-12-31Yes
Value of fidelity bond cover2010-12-31$10,000,000
If this is an individual account plan, was there a blackout period2010-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2010-12-31$0
Were there any nonexempt tranactions with any party-in-interest2010-12-31No
Contributions received from participants2010-12-31$676,974
Participant contributions at end of year2010-12-31$409,239
Participant contributions at beginning of year2010-12-31$393,782
Participant contributions at end of year2010-12-31$0
Participant contributions at beginning of year2010-12-31$8,279
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2010-12-31$81,040
Other income not declared elsewhere2010-12-31$20,084
Administrative expenses (other) incurred2010-12-31$1,891
Total non interest bearing cash at end of year2010-12-31$84,176
Total non interest bearing cash at beginning of year2010-12-31$1,264
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2010-12-31No
Value of net income/loss2010-12-31$1,510,837
Value of net assets at end of year (total assets less liabilities)2010-12-31$11,523,119
Value of net assets at beginning of year (total assets less liabilities)2010-12-31$10,012,282
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2010-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2010-12-31No
Were any leases to which the plan was party in default or uncollectible2010-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2010-12-31$7,397,473
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2010-12-31$6,319,102
Interest on participant loans2010-12-31$22,440
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2010-12-31$1,144,234
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2010-12-31$1,211,435
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2010-12-31$1,211,435
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2010-12-31$13
Net investment gain/loss from registered investment companies (e.g. mutual funds)2010-12-31$819,075
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2010-12-31No
Was there a failure to transmit to the plan any participant contributions2010-12-31Yes
Has the plan failed to provide any benefit when due under the plan2010-12-31No
Assets. Invements in employer securities at end of year2010-12-31$2,569,037
Assets. Invements in employer securities at beginning of year2010-12-31$2,076,486
Contributions received in cash from employer2010-12-31$300,829
Employer contributions (assets) at end of year2010-12-31$0
Employer contributions (assets) at beginning of year2010-12-31$1,934
Income. Dividends from common stock2010-12-31$83,570
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2010-12-31$494,704
Did the plan have assets held for investment2010-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2010-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2010-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2010-12-31No
Opinion of an independent qualified public accountant for this plan2010-12-31Unqualified
Accountancy firm name2010-12-31KPMG LLP
Accountancy firm EIN2010-12-31135565207
2009 : BAR HARBOR BANKSHARES 401K PLAN 2009 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2009-12-31$0

Form 5500 Responses for BAR HARBOR BANKSHARES 401K PLAN

2022: BAR HARBOR BANKSHARES 401K PLAN 2022 form 5500 responses
2022-01-01Type of plan entitySingle employer plan
2022-01-01Submission has been amendedNo
2022-01-01This submission is the final filingNo
2022-01-01This return/report is a short plan year return/report (less than 12 months)No
2022-01-01Plan is a collectively bargained planNo
2022-01-01Plan funding arrangement – TrustYes
2022-01-01Plan benefit arrangement - TrustYes
2021: BAR HARBOR BANKSHARES 401K PLAN 2021 form 5500 responses
2021-01-01Type of plan entitySingle employer plan
2021-01-01Submission has been amendedNo
2021-01-01This submission is the final filingNo
2021-01-01This return/report is a short plan year return/report (less than 12 months)No
2021-01-01Plan is a collectively bargained planNo
2021-01-01Plan funding arrangement – TrustYes
2021-01-01Plan benefit arrangement - TrustYes
2020: BAR HARBOR BANKSHARES 401K PLAN 2020 form 5500 responses
2020-01-01Type of plan entitySingle employer plan
2020-01-01Submission has been amendedNo
2020-01-01This submission is the final filingNo
2020-01-01This return/report is a short plan year return/report (less than 12 months)No
2020-01-01Plan is a collectively bargained planNo
2020-01-01Plan funding arrangement – TrustYes
2020-01-01Plan benefit arrangement - TrustYes
2019: BAR HARBOR BANKSHARES 401K PLAN 2019 form 5500 responses
2019-01-01Type of plan entitySingle employer plan
2019-01-01Submission has been amendedNo
2019-01-01This submission is the final filingNo
2019-01-01This return/report is a short plan year return/report (less than 12 months)No
2019-01-01Plan is a collectively bargained planNo
2019-01-01Plan funding arrangement – TrustYes
2019-01-01Plan benefit arrangement - TrustYes
2018: BAR HARBOR BANKSHARES 401K PLAN 2018 form 5500 responses
2018-01-01Type of plan entitySingle employer plan
2018-01-01Submission has been amendedNo
2018-01-01This submission is the final filingNo
2018-01-01This return/report is a short plan year return/report (less than 12 months)No
2018-01-01Plan is a collectively bargained planNo
2018-01-01Plan funding arrangement – TrustYes
2018-01-01Plan benefit arrangement - TrustYes
2017: BAR HARBOR BANKSHARES 401K PLAN 2017 form 5500 responses
2017-01-01Type of plan entitySingle employer plan
2017-01-01Submission has been amendedNo
2017-01-01This submission is the final filingNo
2017-01-01This return/report is a short plan year return/report (less than 12 months)No
2017-01-01Plan is a collectively bargained planNo
2017-01-01Plan funding arrangement – TrustYes
2017-01-01Plan benefit arrangement - TrustYes
2016: BAR HARBOR BANKSHARES 401K PLAN 2016 form 5500 responses
2016-01-01Type of plan entitySingle employer plan
2016-01-01Submission has been amendedNo
2016-01-01This submission is the final filingNo
2016-01-01This return/report is a short plan year return/report (less than 12 months)No
2016-01-01Plan is a collectively bargained planNo
2016-01-01Plan funding arrangement – TrustYes
2016-01-01Plan benefit arrangement - TrustYes
2015: BAR HARBOR BANKSHARES 401K PLAN 2015 form 5500 responses
2015-01-01Type of plan entitySingle employer plan
2015-01-01Submission has been amendedNo
2015-01-01This submission is the final filingNo
2015-01-01This return/report is a short plan year return/report (less than 12 months)No
2015-01-01Plan is a collectively bargained planNo
2015-01-01Plan funding arrangement – TrustYes
2015-01-01Plan benefit arrangement - TrustYes
2014: BAR HARBOR BANKSHARES 401K PLAN 2014 form 5500 responses
2014-01-01Type of plan entitySingle employer plan
2014-01-01Submission has been amendedNo
2014-01-01This submission is the final filingNo
2014-01-01This return/report is a short plan year return/report (less than 12 months)No
2014-01-01Plan is a collectively bargained planNo
2014-01-01Plan funding arrangement – TrustYes
2014-01-01Plan benefit arrangement - TrustYes
2013: BAR HARBOR BANKSHARES 401K PLAN 2013 form 5500 responses
2013-01-01Type of plan entitySingle employer plan
2013-01-01Submission has been amendedNo
2013-01-01This submission is the final filingNo
2013-01-01This return/report is a short plan year return/report (less than 12 months)No
2013-01-01Plan is a collectively bargained planNo
2013-01-01Plan funding arrangement – TrustYes
2013-01-01Plan benefit arrangement - TrustYes
2012: BAR HARBOR BANKSHARES 401K PLAN 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01Submission has been amendedNo
2012-01-01This submission is the final filingNo
2012-01-01This return/report is a short plan year return/report (less than 12 months)No
2012-01-01Plan is a collectively bargained planNo
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement - TrustYes
2011: BAR HARBOR BANKSHARES 401K PLAN 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Submission has been amendedNo
2011-01-01This submission is the final filingNo
2011-01-01This return/report is a short plan year return/report (less than 12 months)No
2011-01-01Plan is a collectively bargained planNo
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement - TrustYes
2010: BAR HARBOR BANKSHARES 401K PLAN 2010 form 5500 responses
2010-01-01Type of plan entitySingle employer plan
2010-01-01Submission has been amendedNo
2010-01-01This submission is the final filingNo
2010-01-01This return/report is a short plan year return/report (less than 12 months)No
2010-01-01Plan is a collectively bargained planNo
2010-01-01Plan funding arrangement – TrustYes
2010-01-01Plan benefit arrangement - TrustYes
2009: BAR HARBOR BANKSHARES 401K PLAN 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Submission has been amendedNo
2009-01-01This submission is the final filingNo
2009-01-01This return/report is a short plan year return/report (less than 12 months)No
2009-01-01Plan is a collectively bargained planNo
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement - TrustYes

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