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BANK OF HOUSTON 401(K) PLAN 401k Plan overview

Plan NameBANK OF HOUSTON 401(K) PLAN
Plan identification number 001

BANK OF HOUSTON 401(K) PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Age/Service Weighted or new comparability or similar plan - Age/Service Weighted Plan: Allocations are based on age, service, or age and service. New comparability or similar plan: Allocations are based on participant classifications and a classification(s) consists entirely or predominantly of highly compensated employees; or the plan provides an additional allocation rate on compensation above a specified threshold, and the theshold or additional rate exceeds the maximum threshold or rate allowed under the permitted disparity rules of section 401(l).
  • 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.
  • 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

BANK OF HOUSTON has sponsored the creation of one or more 401k plans.

Company Name:BANK OF HOUSTON
Employer identification number (EIN):010828609
NAIC Classification:522120
NAIC Description:Savings Institutions

Form 5500 Filing Information

Submission information for form 5500 for 401k plan BANK OF HOUSTON 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012014-01-01MARY BECKMAN
0012013-01-01JOHN MCWHORTER
0012012-01-01JOHN MCWHORTER
0012011-01-01ROGER SEBESTA
0012009-01-01ROGER SEBESTA

Plan Statistics for BANK OF HOUSTON 401(K) PLAN

401k plan membership statisitcs for BANK OF HOUSTON 401(K) PLAN

Measure Date Value
2014: BANK OF HOUSTON 401(K) PLAN 2014 401k membership
Total participants, beginning-of-year2014-01-01126
Total number of active participants reported on line 7a of the Form 55002014-01-010
Number of retired or separated participants receiving benefits2014-01-010
Number of other retired or separated participants entitled to future benefits2014-01-010
Total of all active and inactive participants2014-01-010
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-010
Total participants2014-01-010
Number of participants with account balances2014-01-010
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-010
2013: BANK OF HOUSTON 401(K) PLAN 2013 401k membership
Total participants, beginning-of-year2013-01-01123
Total number of active participants reported on line 7a of the Form 55002013-01-01104
Number of retired or separated participants receiving benefits2013-01-010
Number of other retired or separated participants entitled to future benefits2013-01-0119
Total of all active and inactive participants2013-01-01123
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-01-010
Total participants2013-01-01123
Number of participants with account balances2013-01-01106
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-01-010
2012: BANK OF HOUSTON 401(K) PLAN 2012 401k membership
Total participants, beginning-of-year2012-01-01115
Total number of active participants reported on line 7a of the Form 55002012-01-01110
Number of retired or separated participants receiving benefits2012-01-010
Number of other retired or separated participants entitled to future benefits2012-01-0110
Total of all active and inactive participants2012-01-01120
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-010
Total participants2012-01-01120
Number of participants with account balances2012-01-01102
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-0110
2011: BANK OF HOUSTON 401(K) PLAN 2011 401k membership
Total participants, beginning-of-year2011-01-0193
Total number of active participants reported on line 7a of the Form 55002011-01-0198
Number of retired or separated participants receiving benefits2011-01-010
Number of other retired or separated participants entitled to future benefits2011-01-018
Total of all active and inactive participants2011-01-01106
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-010
Total participants2011-01-01106
Number of participants with account balances2011-01-0187
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-015
2009: BANK OF HOUSTON 401(K) PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-0182
Total number of active participants reported on line 7a of the Form 55002009-01-0180
Number of retired or separated participants receiving benefits2009-01-010
Number of other retired or separated participants entitled to future benefits2009-01-014
Total of all active and inactive participants2009-01-0184
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-010
Total participants2009-01-0184
Number of participants with account balances2009-01-0171
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-017

Financial Data on BANK OF HOUSTON 401(K) PLAN

Measure Date Value
2014 : BANK OF HOUSTON 401(K) PLAN 2014 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2014-09-30$55,360
Total unrealized appreciation/depreciation of assets2014-09-30$55,360
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2014-09-30$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2014-09-30$0
Total income from all sources (including contributions)2014-09-30$537,769
Total loss/gain on sale of assets2014-09-30$0
Total of all expenses incurred2014-09-30$7,380,995
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2014-09-30$7,373,775
Total contributions o plan (from employers,participants, others, non cash contrinutions)2014-09-30$363,229
Value of total assets at end of year2014-09-30$0
Value of total assets at beginning of year2014-09-30$6,843,226
Total of administrative expenses incurred including professional, contract, advisory and management fees2014-09-30$7,220
Total interest from all sources2014-09-30$2,013
Total dividends received (eg from common stock, registered investment company shares)2014-09-30$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2014-09-30Yes
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan2014-09-30$0
Was this plan covered by a fidelity bond2014-09-30Yes
Value of fidelity bond cover2014-09-30$1,000,000
If this is an individual account plan, was there a blackout period2014-09-30No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2014-09-30$0
Were there any nonexempt tranactions with any party-in-interest2014-09-30No
Contributions received from participants2014-09-30$249,559
Assets. Loans (other than to participants) at end of year2014-09-30$0
Assets. Loans (other than to participants) at beginning of year2014-09-30$118,199
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2014-09-30No
Value of net income/loss2014-09-30$-6,843,226
Value of net assets at end of year (total assets less liabilities)2014-09-30$0
Value of net assets at beginning of year (total assets less liabilities)2014-09-30$6,843,226
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2014-09-30No
Were any loans by the plan or fixed income obligations due to the plan in default2014-09-30No
Were any leases to which the plan was party in default or uncollectible2014-09-30No
Value of interest in registered invesment companies (eg mutual funds) at end of year2014-09-30$0
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2014-09-30$6,295,267
Interest on participant loans2014-09-30$2,013
Net investment gain/loss from registered investment companies (e.g. mutual funds)2014-09-30$117,167
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2014-09-30No
Was there a failure to transmit to the plan any participant contributions2014-09-30No
Has the plan failed to provide any benefit when due under the plan2014-09-30No
Assets. Invements in employer securities at end of year2014-09-30$0
Assets. Invements in employer securities at beginning of year2014-09-30$429,760
Contributions received in cash from employer2014-09-30$113,670
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2014-09-30$7,373,775
Contract administrator fees2014-09-30$7,220
Did the plan have assets held for investment2014-09-30No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2014-09-30No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2014-09-30Yes
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2014-09-30Yes
Opinion of an independent qualified public accountant for this plan2014-09-30Disclaimer
Accountancy firm name2014-09-30HARPER & PEARSON COMPANY, P.C.
Accountancy firm EIN2014-09-30741695589
2013 : BANK OF HOUSTON 401(K) PLAN 2013 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2013-12-31$256,960
Total unrealized appreciation/depreciation of assets2013-12-31$256,960
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2013-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2013-12-31$0
Total income from all sources (including contributions)2013-12-31$2,385,427
Total loss/gain on sale of assets2013-12-31$0
Total of all expenses incurred2013-12-31$119,274
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2013-12-31$116,045
Total contributions o plan (from employers,participants, others, non cash contrinutions)2013-12-31$1,239,300
Value of total assets at end of year2013-12-31$6,843,226
Value of total assets at beginning of year2013-12-31$4,577,073
Total of administrative expenses incurred including professional, contract, advisory and management fees2013-12-31$3,229
Total interest from all sources2013-12-31$2,890
Total dividends received (eg from common stock, registered investment company shares)2013-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2013-12-31No
Was this plan covered by a fidelity bond2013-12-31Yes
Value of fidelity bond cover2013-12-31$1,000,000
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$761,754
Income. Received or receivable in cash from other sources (including rollovers)2013-12-31$119,378
Assets. Loans (other than to participants) at end of year2013-12-31$118,199
Assets. Loans (other than to participants) at beginning of year2013-12-31$72,909
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$2,266,153
Value of net assets at end of year (total assets less liabilities)2013-12-31$6,843,226
Value of net assets at beginning of year (total assets less liabilities)2013-12-31$4,577,073
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
Value of interest in registered invesment companies (eg mutual funds) at end of year2013-12-31$6,295,267
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2013-12-31$4,331,364
Interest on participant loans2013-12-31$2,890
Net investment gain/loss from registered investment companies (e.g. mutual funds)2013-12-31$886,277
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 contributions2013-12-31No
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$429,760
Assets. Invements in employer securities at beginning of year2013-12-31$172,800
Contributions received in cash from employer2013-12-31$358,168
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2013-12-31$116,045
Contract administrator fees2013-12-31$3,229
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
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2013-12-31Yes
Opinion of an independent qualified public accountant for this plan2013-12-31Disclaimer
Accountancy firm name2013-12-31HARPER & PEARSON COMPANY, P.C.
Accountancy firm EIN2013-12-31741695589
2012 : BANK OF HOUSTON 401(K) PLAN 2012 401k financial data
Total income from all sources2012-12-31$1,489,111
Expenses. Total of all expenses incurred2012-12-31$194,736
Benefits paid (including direct rollovers)2012-12-31$183,338
Total plan assets at end of year2012-12-31$4,577,073
Total plan assets at beginning of year2012-12-31$3,282,698
Value of fidelity bond covering the plan2012-12-31$1,000,000
Total contributions received or receivable from participants2012-12-31$695,076
Contributions received from other sources (not participants or employers)2012-12-31$21,723
Other income received2012-12-31$437,848
Net income (gross income less expenses)2012-12-31$1,294,375
Net plan assets at end of year (total assets less liabilities)2012-12-31$4,577,073
Net plan assets at beginning of year (total assets less liabilities)2012-12-31$3,282,698
Assets. Value of participant loans2012-12-31$72,909
Total contributions received or receivable from employer(s)2012-12-31$334,464
Expenses. Administrative service providers (salaries,fees and commissions)2012-12-31$11,398
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2012-12-31$0
2011 : BANK OF HOUSTON 401(K) PLAN 2011 401k financial data
Total income from all sources2011-12-31$956,724
Expenses. Total of all expenses incurred2011-12-31$71,863
Benefits paid (including direct rollovers)2011-12-31$71,523
Total plan assets at end of year2011-12-31$3,282,698
Total plan assets at beginning of year2011-12-31$2,397,837
Value of fidelity bond covering the plan2011-12-31$1,000,000
Total contributions received or receivable from participants2011-12-31$570,519
Contributions received from other sources (not participants or employers)2011-12-31$169,948
Other income received2011-12-31$-37,733
Net income (gross income less expenses)2011-12-31$884,861
Net plan assets at end of year (total assets less liabilities)2011-12-31$3,282,698
Net plan assets at beginning of year (total assets less liabilities)2011-12-31$2,397,837
Assets. Value of participant loans2011-12-31$68,149
Total contributions received or receivable from employer(s)2011-12-31$253,990
Expenses. Administrative service providers (salaries,fees and commissions)2011-12-31$340
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2011-12-31$0
2010 : BANK OF HOUSTON 401(K) PLAN 2010 401k financial data
Total income from all sources2010-12-31$908,601
Expenses. Total of all expenses incurred2010-12-31$133,498
Benefits paid (including direct rollovers)2010-12-31$133,043
Total plan assets at end of year2010-12-31$2,397,837
Total plan assets at beginning of year2010-12-31$1,622,734
Value of fidelity bond covering the plan2010-12-31$4,000,000
Total contributions received or receivable from participants2010-12-31$493,821
Contributions received from other sources (not participants or employers)2010-12-31$18,273
Noncash contributions received2010-12-31$165,857
Net income (gross income less expenses)2010-12-31$775,103
Net plan assets at end of year (total assets less liabilities)2010-12-31$2,397,837
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$1,622,734
Assets. Value of participant loans2010-12-31$67,826
Total contributions received or receivable from employer(s)2010-12-31$230,650
Expenses. Administrative service providers (salaries,fees and commissions)2010-12-31$455
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2010-12-31$0
2009 : BANK OF HOUSTON 401(K) 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 BANK OF HOUSTON 401(K) PLAN

2014: BANK OF HOUSTON 401(K) 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 filingYes
2014-01-01This return/report is a short plan year return/report (less than 12 months)Yes
2014-01-01Plan is a collectively bargained planNo
2014-01-01Plan funding arrangement – TrustYes
2014-01-01Plan benefit arrangement - TrustYes
2013: BANK OF HOUSTON 401(K) 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: BANK OF HOUSTON 401(K) 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 – InsuranceYes
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement – InsuranceYes
2012-01-01Plan benefit arrangement - TrustYes
2011: BANK OF HOUSTON 401(K) 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 – InsuranceYes
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement – InsuranceYes
2011-01-01Plan benefit arrangement - TrustYes
2009: BANK OF HOUSTON 401(K) 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 – InsuranceYes
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement – InsuranceYes
2009-01-01Plan benefit arrangement - TrustYes

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