THE MILFORD BANK has sponsored the creation of one or more 401k plans.
Measure | Date | Value |
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2022 : THE MILFORD BANK 401(K) PLAN 2022 401k financial data |
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Total unrealized appreciation/depreciation of assets | 2022-12-31 | $0 |
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 | $-2,287,982 |
Total loss/gain on sale of assets | 2022-12-31 | $0 |
Total of all expenses incurred | 2022-12-31 | $383,829 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $328,037 |
Expenses. Certain deemed distributions of participant loans | 2022-12-31 | $810 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $1,227,725 |
Value of total assets at end of year | 2022-12-31 | $18,041,156 |
Value of total assets at beginning of year | 2022-12-31 | $20,712,967 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $54,982 |
Total interest from all sources | 2022-12-31 | $10,284 |
Total dividends received (eg from common stock, registered investment company shares) | 2022-12-31 | $150,485 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2022-12-31 | $150,485 |
Was this plan covered by a fidelity bond | 2022-12-31 | Yes |
Value of fidelity bond cover | 2022-12-31 | $5,000,000 |
If this is an individual account plan, was there a blackout period | 2022-12-31 | No |
Were there any nonexempt tranactions with any party-in-interest | 2022-12-31 | No |
Contributions received from participants | 2022-12-31 | $660,737 |
Participant contributions at end of year | 2022-12-31 | $213,299 |
Participant contributions at beginning of year | 2022-12-31 | $209,264 |
Participant contributions at end of year | 2022-12-31 | $11,015 |
Income. Received or receivable in cash from other sources (including rollovers) | 2022-12-31 | $58,786 |
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries) | 2022-12-31 | $64 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-12-31 | No |
Value of net income/loss | 2022-12-31 | $-2,671,811 |
Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $18,041,156 |
Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $20,712,967 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2022-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2022-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-12-31 | $9,578,510 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-12-31 | $12,873,035 |
Value of interest in pooled separate accounts at end of year | 2022-12-31 | $3,316,630 |
Value of interest in pooled separate accounts at beginning of year | 2022-12-31 | $4,096,504 |
Interest on participant loans | 2022-12-31 | $10,284 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2022-12-31 | $4,787,483 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2022-12-31 | $3,471,168 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-12-31 | $-2,962,440 |
Net investment gain/loss from pooled separate accounts | 2022-12-31 | $-714,036 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2022-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2022-12-31 | No |
Contributions received in cash from employer | 2022-12-31 | $508,202 |
Employer contributions (assets) at end of year | 2022-12-31 | $134,219 |
Employer contributions (assets) at beginning of year | 2022-12-31 | $62,996 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $327,973 |
Contract administrator fees | 2022-12-31 | $54,982 |
Did the plan have assets held for investment | 2022-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-12-31 | No |
Opinion of an independent qualified public accountant for this plan | 2022-12-31 | Unqualified |
Accountancy firm name | 2022-12-31 | WHITTLESEY PC |
Accountancy firm EIN | 2022-12-31 | 060903326 |
2021 : THE MILFORD BANK 401(K) PLAN 2021 401k financial data |
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Total unrealized appreciation/depreciation of assets | 2021-12-31 | $0 |
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 | $4,145,312 |
Total loss/gain on sale of assets | 2021-12-31 | $0 |
Total of all expenses incurred | 2021-12-31 | $956,806 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $899,824 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $1,631,703 |
Value of total assets at end of year | 2021-12-31 | $20,712,967 |
Value of total assets at beginning of year | 2021-12-31 | $17,524,461 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $56,982 |
Total interest from all sources | 2021-12-31 | $102,448 |
Total dividends received (eg from common stock, registered investment company shares) | 2021-12-31 | $149,813 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2021-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2021-12-31 | $149,813 |
Was this plan covered by a fidelity bond | 2021-12-31 | Yes |
Value of fidelity bond cover | 2021-12-31 | $5,000,000 |
If this is an individual account plan, was there a blackout period | 2021-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2021-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2021-12-31 | No |
Contributions received from participants | 2021-12-31 | $597,640 |
Participant contributions at end of year | 2021-12-31 | $209,264 |
Participant contributions at beginning of year | 2021-12-31 | $284,969 |
Income. Received or receivable in cash from other sources (including rollovers) | 2021-12-31 | $603,602 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-12-31 | No |
Value of net income/loss | 2021-12-31 | $3,188,506 |
Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $20,712,967 |
Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $17,524,461 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2021-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2021-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2021-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2021-12-31 | $12,873,035 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2021-12-31 | $10,544,370 |
Value of interest in pooled separate accounts at end of year | 2021-12-31 | $4,096,504 |
Value of interest in pooled separate accounts at beginning of year | 2021-12-31 | $3,427,116 |
Interest on participant loans | 2021-12-31 | $12,620 |
Interest earned on other investments | 2021-12-31 | $89,828 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2021-12-31 | $3,471,168 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2021-12-31 | $3,200,307 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2021-12-31 | $1,380,684 |
Net investment gain/loss from pooled separate accounts | 2021-12-31 | $880,664 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2021-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2021-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2021-12-31 | No |
Contributions received in cash from employer | 2021-12-31 | $430,461 |
Employer contributions (assets) at end of year | 2021-12-31 | $62,996 |
Employer contributions (assets) at beginning of year | 2021-12-31 | $67,699 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-12-31 | $899,824 |
Contract administrator fees | 2021-12-31 | $56,982 |
Did the plan have assets held for investment | 2021-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2021-12-31 | No |
Opinion of an independent qualified public accountant for this plan | 2021-12-31 | Unqualified |
Accountancy firm name | 2021-12-31 | CARNEY, ROY AND GERROL, P.C. |
Accountancy firm EIN | 2021-12-31 | 061352068 |
2020 : THE MILFORD BANK 401(K) PLAN 2020 401k financial data |
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Unrealized appreciation/depreciation of real estate assets | 2020-12-31 | $-6,321 |
Unrealized appreciation/depreciation of other (non real estate) assets | 2020-12-31 | $0 |
Total unrealized appreciation/depreciation of assets | 2020-12-31 | $-6,321 |
Total transfer of assets to this plan | 2020-12-31 | $0 |
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 | $6,286 |
Expenses. Interest paid | 2020-12-31 | $0 |
Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-102 | 2020-12-31 | $0 |
Total income from all sources (including contributions) | 2020-12-31 | $4,594,033 |
Total loss/gain on sale of assets | 2020-12-31 | $0 |
Total of all expenses incurred | 2020-12-31 | $1,732,648 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-12-31 | $1,685,844 |
Expenses. Certain deemed distributions of participant loans | 2020-12-31 | $0 |
Value of total corrective distributions | 2020-12-31 | $0 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2020-12-31 | $1,259,322 |
Value of total assets at end of year | 2020-12-31 | $17,524,461 |
Value of total assets at beginning of year | 2020-12-31 | $14,669,362 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-12-31 | $46,804 |
Total income from rents | 2020-12-31 | $0 |
Total interest from all sources | 2020-12-31 | $78,122 |
Total dividends received (eg from common stock, registered investment company shares) | 2020-12-31 | $114,124 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2020-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2020-12-31 | $114,124 |
Administrative expenses professional fees incurred | 2020-12-31 | $0 |
Was this plan covered by a fidelity bond | 2020-12-31 | Yes |
Value of fidelity bond cover | 2020-12-31 | $5,000,000 |
If this is an individual account plan, was there a blackout period | 2020-12-31 | Yes |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2020-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2020-12-31 | No |
Amount of non-exempt transactions with any party-in-interest | 2020-12-31 | $0 |
Contributions received from participants | 2020-12-31 | $585,375 |
Participant contributions at end of year | 2020-12-31 | $284,969 |
Participant contributions at beginning of year | 2020-12-31 | $217,220 |
Participant contributions at end of year | 2020-12-31 | $0 |
Participant contributions at beginning of year | 2020-12-31 | $0 |
Income. Received or receivable in cash from other sources (including rollovers) | 2020-12-31 | $238,571 |
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries) | 2020-12-31 | $0 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2020-12-31 | $0 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2020-12-31 | $6,286 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2020-12-31 | $0 |
Other income not declared elsewhere | 2020-12-31 | $0 |
Administrative expenses (other) incurred | 2020-12-31 | $8,263 |
Liabilities. Value of operating payables at beginning of year | 2020-12-31 | $6,286 |
Total non interest bearing cash at end of year | 2020-12-31 | $0 |
Total non interest bearing cash at beginning of year | 2020-12-31 | $0 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2020-12-31 | No |
Income. Non cash contributions | 2020-12-31 | $0 |
Value of net income/loss | 2020-12-31 | $2,861,385 |
Value of net assets at end of year (total assets less liabilities) | 2020-12-31 | $17,524,461 |
Value of net assets at beginning of year (total assets less liabilities) | 2020-12-31 | $14,663,076 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2020-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2020-12-31 | No |
Amount of loans by the plan or fixed income obligations due to the plan which were in default/classified-as-uncollectible as of the close of the plan year | 2020-12-31 | $0 |
Were any leases to which the plan was party in default or uncollectible | 2020-12-31 | No |
Amount of leases to which the plan was a party which were in default/classified-as-uncollectible during the year | 2020-12-31 | $0 |
Investment advisory and management fees | 2020-12-31 | $0 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2020-12-31 | $10,544,370 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2020-12-31 | $11,138,147 |
Value of interest in pooled separate accounts at end of year | 2020-12-31 | $3,427,116 |
Value of interest in pooled separate accounts at beginning of year | 2020-12-31 | $0 |
Interest on participant loans | 2020-12-31 | $13,063 |
Income. Interest from loans (other than to participants) | 2020-12-31 | $0 |
Interest earned on other investments | 2020-12-31 | $65,059 |
Income. Interest from US Government securities | 2020-12-31 | $0 |
Income. Interest from corporate debt instruments | 2020-12-31 | $0 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2020-12-31 | $0 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2020-12-31 | $3,200,307 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2020-12-31 | $3,247,237 |
Expenses. Payments to insurance carriers foe the provision of benefits | 2020-12-31 | $0 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2020-12-31 | $1,893,195 |
Net investment gain/loss from pooled separate accounts | 2020-12-31 | $1,255,591 |
Net investment gain or loss from common/collective trusts | 2020-12-31 | $0 |
Net gain/loss from 103.12 investment entities | 2020-12-31 | $0 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2020-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2020-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2020-12-31 | No |
Contributions received in cash from employer | 2020-12-31 | $435,376 |
Employer contributions (assets) at end of year | 2020-12-31 | $67,699 |
Employer contributions (assets) at beginning of year | 2020-12-31 | $60,472 |
Income. Dividends from preferred stock | 2020-12-31 | $0 |
Income. Dividends from common stock | 2020-12-31 | $0 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2020-12-31 | $1,685,844 |
Contract administrator fees | 2020-12-31 | $38,541 |
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2020-12-31 | Yes |
Liabilities. Value of benefit claims payable at beginning of year | 2020-12-31 | $0 |
Did the plan have assets held for investment | 2020-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2020-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2020-12-31 | No |
Aggregate proceeds on sale of assets | 2020-12-31 | $0 |
Aggregate carrying amount (costs) on sale of assets | 2020-12-31 | $0 |
Liabilities. Value of acquisition indebtedness at beginning of year | 2020-12-31 | $0 |
Opinion of an independent qualified public accountant for this plan | 2020-12-31 | Unqualified |
Accountancy firm name | 2020-12-31 | CARNEY, ROY AND GERROL, P.C. |
Accountancy firm EIN | 2020-12-31 | 061352068 |
2019 : THE MILFORD BANK 401(K) PLAN 2019 401k financial data |
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Total unrealized appreciation/depreciation of assets | 2019-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-12-31 | $6,286 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-12-31 | $5,819 |
Total income from all sources (including contributions) | 2019-12-31 | $3,239,031 |
Total loss/gain on sale of assets | 2019-12-31 | $0 |
Total of all expenses incurred | 2019-12-31 | $390,627 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2019-12-31 | $355,662 |
Expenses. Certain deemed distributions of participant loans | 2019-12-31 | $7,287 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2019-12-31 | $927,391 |
Value of total assets at end of year | 2019-12-31 | $14,669,362 |
Value of total assets at beginning of year | 2019-12-31 | $11,820,491 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2019-12-31 | $27,678 |
Total interest from all sources | 2019-12-31 | $106,887 |
Total dividends received (eg from common stock, registered investment company shares) | 2019-12-31 | $0 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2019-12-31 | No |
Was this plan covered by a fidelity bond | 2019-12-31 | Yes |
Value of fidelity bond cover | 2019-12-31 | $4,000,000 |
If this is an individual account plan, was there a blackout period | 2019-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2019-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2019-12-31 | No |
Contributions received from participants | 2019-12-31 | $523,002 |
Participant contributions at end of year | 2019-12-31 | $217,220 |
Participant contributions at beginning of year | 2019-12-31 | $215,109 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2019-12-31 | $6,286 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2019-12-31 | $5,819 |
Other income not declared elsewhere | 2019-12-31 | $26,046 |
Administrative expenses (other) incurred | 2019-12-31 | $1,774 |
Liabilities. Value of operating payables at end of year | 2019-12-31 | $6,286 |
Liabilities. Value of operating payables at beginning of year | 2019-12-31 | $5,819 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2019-12-31 | No |
Value of net income/loss | 2019-12-31 | $2,848,404 |
Value of net assets at end of year (total assets less liabilities) | 2019-12-31 | $14,663,076 |
Value of net assets at beginning of year (total assets less liabilities) | 2019-12-31 | $11,814,672 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2019-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2019-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2019-12-31 | No |
Investment advisory and management fees | 2019-12-31 | $25,904 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2019-12-31 | $11,138,147 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2019-12-31 | $8,485,970 |
Interest on participant loans | 2019-12-31 | $12,760 |
Interest earned on other investments | 2019-12-31 | $94,127 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2019-12-31 | $3,247,237 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2019-12-31 | $3,057,267 |
Net investment gain/loss from pooled separate accounts | 2019-12-31 | $2,178,707 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2019-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2019-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2019-12-31 | No |
Contributions received in cash from employer | 2019-12-31 | $404,389 |
Employer contributions (assets) at end of year | 2019-12-31 | $60,472 |
Employer contributions (assets) at beginning of year | 2019-12-31 | $56,326 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2019-12-31 | $355,662 |
Did the plan have assets held for investment | 2019-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2019-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2019-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2019-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2019-12-31 | Disclaimer |
Accountancy firm name | 2019-12-31 | CARNEY, ROY AND GERROL, P.C. |
Accountancy firm EIN | 2019-12-31 | 061352068 |
2018 : THE MILFORD BANK 401(K) PLAN 2018 401k financial data |
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Unrealized appreciation/depreciation of other (non real estate) assets | 2018-12-31 | $0 |
Total unrealized appreciation/depreciation of assets | 2018-12-31 | $0 |
Total transfer of assets to this plan | 2018-12-31 | $0 |
Total transfer of assets from this plan | 2018-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2018-12-31 | $5,819 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2018-12-31 | $5,591 |
Total income from all sources (including contributions) | 2018-12-31 | $275,166 |
Total loss/gain on sale of assets | 2018-12-31 | $0 |
Total of all expenses incurred | 2018-12-31 | $177,743 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2018-12-31 | $152,190 |
Expenses. Certain deemed distributions of participant loans | 2018-12-31 | $0 |
Value of total corrective distributions | 2018-12-31 | $0 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2018-12-31 | $913,824 |
Value of total assets at end of year | 2018-12-31 | $11,820,491 |
Value of total assets at beginning of year | 2018-12-31 | $11,722,840 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2018-12-31 | $25,553 |
Total interest from all sources | 2018-12-31 | $96,054 |
Total dividends received (eg from common stock, registered investment company shares) | 2018-12-31 | $0 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2018-12-31 | No |
Was this plan covered by a fidelity bond | 2018-12-31 | Yes |
Value of fidelity bond cover | 2018-12-31 | $4,000,000 |
If this is an individual account plan, was there a blackout period | 2018-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2018-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2018-12-31 | No |
Contributions received from participants | 2018-12-31 | $510,700 |
Participant contributions at end of year | 2018-12-31 | $215,109 |
Participant contributions at beginning of year | 2018-12-31 | $150,720 |
Assets. Other investments not covered elsewhere at end of year | 2018-12-31 | $0 |
Assets. Other investments not covered elsewhere at beginning of year | 2018-12-31 | $0 |
Income. Received or receivable in cash from other sources (including rollovers) | 2018-12-31 | $24,329 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2018-12-31 | $5,819 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2018-12-31 | $5,591 |
Other income not declared elsewhere | 2018-12-31 | $24,121 |
Liabilities. Value of operating payables at end of year | 2018-12-31 | $5,819 |
Liabilities. Value of operating payables at beginning of year | 2018-12-31 | $5,591 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2018-12-31 | No |
Value of net income/loss | 2018-12-31 | $97,423 |
Value of net assets at end of year (total assets less liabilities) | 2018-12-31 | $11,814,672 |
Value of net assets at beginning of year (total assets less liabilities) | 2018-12-31 | $11,717,249 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2018-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2018-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2018-12-31 | No |
Investment advisory and management fees | 2018-12-31 | $24,121 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2018-12-31 | $8,485,970 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2018-12-31 | $8,657,635 |
Value of interest in pooled separate accounts at end of year | 2018-12-31 | $0 |
Value of interest in pooled separate accounts at beginning of year | 2018-12-31 | $0 |
Interest on participant loans | 2018-12-31 | $7,988 |
Interest earned on other investments | 2018-12-31 | $88,066 |
Value of interest in common/collective trusts at end of year | 2018-12-31 | $0 |
Value of interest in common/collective trusts at beginning of year | 2018-12-31 | $0 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2018-12-31 | $0 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2018-12-31 | $0 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2018-12-31 | $0 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2018-12-31 | $0 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2018-12-31 | $3,057,267 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2018-12-31 | $2,826,298 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2018-12-31 | $0 |
Net investment gain/loss from pooled separate accounts | 2018-12-31 | $-758,833 |
Net investment gain or loss from common/collective trusts | 2018-12-31 | $0 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2018-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2018-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2018-12-31 | No |
Assets. Invements in employer securities at end of year | 2018-12-31 | $0 |
Assets. Invements in employer securities at beginning of year | 2018-12-31 | $0 |
Contributions received in cash from employer | 2018-12-31 | $378,795 |
Employer contributions (assets) at end of year | 2018-12-31 | $56,326 |
Employer contributions (assets) at beginning of year | 2018-12-31 | $82,596 |
Income. Dividends from common stock | 2018-12-31 | $0 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2018-12-31 | $152,190 |
Asset. Corporate debt instrument debt (other) at end of year | 2018-12-31 | $0 |
Asset. Corporate debt instrument debt (other) at beginning of year | 2018-12-31 | $0 |
Contract administrator fees | 2018-12-31 | $1,432 |
Assets. Corporate common stocks other than exployer securities at end of year | 2018-12-31 | $0 |
Assets. Corporate common stocks other than exployer securities at beginning of year | 2018-12-31 | $0 |
Did the plan have assets held for investment | 2018-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2018-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2018-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2018-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2018-12-31 | Disclaimer |
Accountancy firm name | 2018-12-31 | CARNEY ROY AND GERROL, P.C. |
Accountancy firm EIN | 2018-12-31 | 061352068 |
2017 : THE MILFORD BANK 401(K) PLAN 2017 401k financial data |
---|
Unrealized appreciation/depreciation of other (non real estate) assets | 2017-12-31 | $0 |
Total unrealized appreciation/depreciation of assets | 2017-12-31 | $0 |
Total transfer of assets to this plan | 2017-12-31 | $0 |
Total transfer of assets from this plan | 2017-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2017-12-31 | $5,591 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2017-12-31 | $4,746 |
Expenses. Interest paid | 2017-12-31 | $0 |
Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-102 | 2017-12-31 | $0 |
Total income from all sources (including contributions) | 2017-12-31 | $2,255,265 |
Total loss/gain on sale of assets | 2017-12-31 | $0 |
Total of all expenses incurred | 2017-12-31 | $496,877 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2017-12-31 | $474,601 |
Expenses. Certain deemed distributions of participant loans | 2017-12-31 | $0 |
Value of total corrective distributions | 2017-12-31 | $0 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2017-12-31 | $826,759 |
Value of total assets at end of year | 2017-12-31 | $11,722,840 |
Value of total assets at beginning of year | 2017-12-31 | $9,963,607 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2017-12-31 | $22,276 |
Total interest from all sources | 2017-12-31 | $89,343 |
Total dividends received (eg from common stock, registered investment company shares) | 2017-12-31 | $0 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2017-12-31 | No |
Administrative expenses professional fees incurred | 2017-12-31 | $15,568 |
Was this plan covered by a fidelity bond | 2017-12-31 | Yes |
Value of fidelity bond cover | 2017-12-31 | $4,000,000 |
If this is an individual account plan, was there a blackout period | 2017-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2017-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2017-12-31 | No |
Contributions received from participants | 2017-12-31 | $439,998 |
Participant contributions at end of year | 2017-12-31 | $150,720 |
Participant contributions at beginning of year | 2017-12-31 | $188,831 |
Assets. Other investments not covered elsewhere at end of year | 2017-12-31 | $0 |
Assets. Other investments not covered elsewhere at beginning of year | 2017-12-31 | $0 |
Income. Received or receivable in cash from other sources (including rollovers) | 2017-12-31 | $0 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2017-12-31 | $5,591 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2017-12-31 | $4,746 |
Other income not declared elsewhere | 2017-12-31 | $21,159 |
Administrative expenses (other) incurred | 2017-12-31 | $5,591 |
Liabilities. Value of operating payables at end of year | 2017-12-31 | $5,591 |
Liabilities. Value of operating payables at beginning of year | 2017-12-31 | $4,746 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2017-12-31 | No |
Value of net income/loss | 2017-12-31 | $1,758,388 |
Value of net assets at end of year (total assets less liabilities) | 2017-12-31 | $11,717,249 |
Value of net assets at beginning of year (total assets less liabilities) | 2017-12-31 | $9,958,861 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2017-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2017-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2017-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2017-12-31 | $8,657,635 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2017-12-31 | $6,950,363 |
Value of interest in pooled separate accounts at end of year | 2017-12-31 | $0 |
Value of interest in pooled separate accounts at beginning of year | 2017-12-31 | $0 |
Interest on participant loans | 2017-12-31 | $7,700 |
Interest earned on other investments | 2017-12-31 | $81,643 |
Value of interest in common/collective trusts at end of year | 2017-12-31 | $0 |
Value of interest in common/collective trusts at beginning of year | 2017-12-31 | $0 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2017-12-31 | $0 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2017-12-31 | $0 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2017-12-31 | $0 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2017-12-31 | $0 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2017-12-31 | $2,826,298 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2017-12-31 | $2,740,304 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2017-12-31 | $0 |
Net investment gain/loss from pooled separate accounts | 2017-12-31 | $1,318,004 |
Net investment gain or loss from common/collective trusts | 2017-12-31 | $0 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2017-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2017-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2017-12-31 | No |
Assets. Invements in employer securities at end of year | 2017-12-31 | $0 |
Assets. Invements in employer securities at beginning of year | 2017-12-31 | $0 |
Contributions received in cash from employer | 2017-12-31 | $386,761 |
Employer contributions (assets) at end of year | 2017-12-31 | $82,596 |
Employer contributions (assets) at beginning of year | 2017-12-31 | $79,363 |
Income. Dividends from common stock | 2017-12-31 | $0 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2017-12-31 | $474,601 |
Asset. Corporate debt instrument debt (other) at end of year | 2017-12-31 | $0 |
Asset. Corporate debt instrument debt (other) at beginning of year | 2017-12-31 | $0 |
Contract administrator fees | 2017-12-31 | $1,117 |
Assets. Corporate common stocks other than exployer securities at end of year | 2017-12-31 | $0 |
Assets. Corporate common stocks other than exployer securities at beginning of year | 2017-12-31 | $0 |
Did the plan have assets held for investment | 2017-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2017-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2017-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2017-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2017-12-31 | Disclaimer |
Accountancy firm name | 2017-12-31 | CARNEY, ROY AND GERROL, PC |
Accountancy firm EIN | 2017-12-31 | 061352068 |
2016 : THE MILFORD BANK 401(K) PLAN 2016 401k financial data |
---|
Total unrealized appreciation/depreciation of assets | 2016-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2016-12-31 | $4,746 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2016-12-31 | $8,254 |
Total income from all sources (including contributions) | 2016-12-31 | $1,489,779 |
Total loss/gain on sale of assets | 2016-12-31 | $0 |
Total of all expenses incurred | 2016-12-31 | $230,395 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2016-12-31 | $189,767 |
Expenses. Certain deemed distributions of participant loans | 2016-12-31 | $21,612 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2016-12-31 | $820,121 |
Value of total assets at end of year | 2016-12-31 | $9,963,607 |
Value of total assets at beginning of year | 2016-12-31 | $8,707,731 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2016-12-31 | $19,016 |
Total interest from all sources | 2016-12-31 | $75,808 |
Total dividends received (eg from common stock, registered investment company shares) | 2016-12-31 | $0 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2016-12-31 | No |
Was this plan covered by a fidelity bond | 2016-12-31 | Yes |
Value of fidelity bond cover | 2016-12-31 | $4,000,000 |
If this is an individual account plan, was there a blackout period | 2016-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2016-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2016-12-31 | No |
Contributions received from participants | 2016-12-31 | $387,467 |
Participant contributions at end of year | 2016-12-31 | $188,831 |
Participant contributions at beginning of year | 2016-12-31 | $183,050 |
Income. Received or receivable in cash from other sources (including rollovers) | 2016-12-31 | $59,210 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2016-12-31 | $4,746 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2016-12-31 | $4,178 |
Other income not declared elsewhere | 2016-12-31 | $17,849 |
Liabilities. Value of operating payables at end of year | 2016-12-31 | $4,746 |
Liabilities. Value of operating payables at beginning of year | 2016-12-31 | $8,254 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2016-12-31 | No |
Value of net income/loss | 2016-12-31 | $1,259,384 |
Value of net assets at end of year (total assets less liabilities) | 2016-12-31 | $9,958,861 |
Value of net assets at beginning of year (total assets less liabilities) | 2016-12-31 | $8,699,477 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2016-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2016-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2016-12-31 | No |
Investment advisory and management fees | 2016-12-31 | $17,849 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2016-12-31 | $6,950,363 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2016-12-31 | $6,316,780 |
Interest on participant loans | 2016-12-31 | $8,227 |
Interest earned on other investments | 2016-12-31 | $67,581 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2016-12-31 | $2,740,304 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2016-12-31 | $2,152,067 |
Net investment gain/loss from pooled separate accounts | 2016-12-31 | $576,001 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2016-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2016-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2016-12-31 | No |
Contributions received in cash from employer | 2016-12-31 | $373,444 |
Employer contributions (assets) at end of year | 2016-12-31 | $79,363 |
Employer contributions (assets) at beginning of year | 2016-12-31 | $51,656 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2016-12-31 | $189,767 |
Contract administrator fees | 2016-12-31 | $1,167 |
Did the plan have assets held for investment | 2016-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2016-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2016-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2016-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2016-12-31 | Disclaimer |
Accountancy firm name | 2016-12-31 | CARNEY, ROY AND GERROL, P.C. |
Accountancy firm EIN | 2016-12-31 | 061352068 |
2015 : THE MILFORD BANK 401(K) PLAN 2015 401k financial data |
---|
Total unrealized appreciation/depreciation of assets | 2015-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2015-12-31 | $8,254 |
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 | $879,179 |
Total loss/gain on sale of assets | 2015-12-31 | $0 |
Total of all expenses incurred | 2015-12-31 | $679,391 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2015-12-31 | $660,658 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2015-12-31 | $908,047 |
Value of total assets at end of year | 2015-12-31 | $8,707,731 |
Value of total assets at beginning of year | 2015-12-31 | $8,499,689 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2015-12-31 | $18,733 |
Total interest from all sources | 2015-12-31 | $66,388 |
Total dividends received (eg from common stock, registered investment company shares) | 2015-12-31 | $0 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2015-12-31 | No |
Administrative expenses professional fees incurred | 2015-12-31 | $2,169 |
Was this plan covered by a fidelity bond | 2015-12-31 | Yes |
Value of fidelity bond cover | 2015-12-31 | $4,000,000 |
If this is an individual account plan, was there a blackout period | 2015-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2015-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2015-12-31 | No |
Contributions received from participants | 2015-12-31 | $390,100 |
Participant contributions at end of year | 2015-12-31 | $183,050 |
Participant contributions at beginning of year | 2015-12-31 | $174,568 |
Income. Received or receivable in cash from other sources (including rollovers) | 2015-12-31 | $166,313 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2015-12-31 | $4,178 |
Other income not declared elsewhere | 2015-12-31 | $20,601 |
Liabilities. Value of operating payables at end of year | 2015-12-31 | $8,254 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2015-12-31 | No |
Value of net income/loss | 2015-12-31 | $199,788 |
Value of net assets at end of year (total assets less liabilities) | 2015-12-31 | $8,699,477 |
Value of net assets at beginning of year (total assets less liabilities) | 2015-12-31 | $8,499,689 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2015-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2015-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2015-12-31 | No |
Investment advisory and management fees | 2015-12-31 | $16,564 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2015-12-31 | $6,316,780 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2015-12-31 | $6,011,872 |
Interest on participant loans | 2015-12-31 | $7,475 |
Interest earned on other investments | 2015-12-31 | $58,913 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2015-12-31 | $2,152,067 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2015-12-31 | $2,261,579 |
Net investment gain/loss from pooled separate accounts | 2015-12-31 | $-115,857 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2015-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2015-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2015-12-31 | No |
Assets. Invements in employer securities at beginning of year | 2015-12-31 | $0 |
Contributions received in cash from employer | 2015-12-31 | $351,634 |
Employer contributions (assets) at end of year | 2015-12-31 | $51,656 |
Employer contributions (assets) at beginning of year | 2015-12-31 | $51,670 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2015-12-31 | $660,658 |
Did the plan have assets held for investment | 2015-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2015-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2015-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2015-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2015-12-31 | Disclaimer |
Accountancy firm name | 2015-12-31 | CARNEY, ROY AND GERROL, P.C. |
Accountancy firm EIN | 2015-12-31 | 061352068 |
2014 : THE MILFORD BANK 401(K) PLAN 2014 401k financial data |
---|
Unrealized appreciation/depreciation of other (non real estate) assets | 2014-12-31 | $0 |
Total unrealized appreciation/depreciation of assets | 2014-12-31 | $0 |
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 | $859 |
Total income from all sources (including contributions) | 2014-12-31 | $1,063,743 |
Total loss/gain on sale of assets | 2014-12-31 | $0 |
Total of all expenses incurred | 2014-12-31 | $186,234 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2014-12-31 | $185,242 |
Expenses. Certain deemed distributions of participant loans | 2014-12-31 | $0 |
Value of total corrective distributions | 2014-12-31 | $0 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2014-12-31 | $723,933 |
Value of total assets at end of year | 2014-12-31 | $8,499,689 |
Value of total assets at beginning of year | 2014-12-31 | $7,623,039 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2014-12-31 | $992 |
Total interest from all sources | 2014-12-31 | $67,859 |
Total dividends received (eg from common stock, registered investment company shares) | 2014-12-31 | $0 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2014-12-31 | No |
Was this plan covered by a fidelity bond | 2014-12-31 | Yes |
Value of fidelity bond cover | 2014-12-31 | $1,000,000 |
If this is an individual account plan, was there a blackout period | 2014-12-31 | No |
Were there any nonexempt tranactions with any party-in-interest | 2014-12-31 | No |
Contributions received from participants | 2014-12-31 | $381,673 |
Participant contributions at end of year | 2014-12-31 | $174,568 |
Participant contributions at beginning of year | 2014-12-31 | $145,766 |
Income. Received or receivable in cash from other sources (including rollovers) | 2014-12-31 | $3,338 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2014-12-31 | $859 |
Other income not declared elsewhere | 2014-12-31 | $0 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2014-12-31 | No |
Value of net income/loss | 2014-12-31 | $877,509 |
Value of net assets at end of year (total assets less liabilities) | 2014-12-31 | $8,499,689 |
Value of net assets at beginning of year (total assets less liabilities) | 2014-12-31 | $7,622,180 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2014-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2014-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2014-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2014-12-31 | $6,011,872 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2014-12-31 | $5,509,767 |
Interest on participant loans | 2014-12-31 | $7,135 |
Interest earned on other investments | 2014-12-31 | $60,724 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2014-12-31 | $0 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2014-12-31 | $2,261,579 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2014-12-31 | $1,916,616 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2014-12-31 | $0 |
Net investment gain/loss from pooled separate accounts | 2014-12-31 | $271,951 |
Net investment gain or loss from common/collective trusts | 2014-12-31 | $0 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2014-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2014-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2014-12-31 | No |
Assets. Invements in employer securities at end of year | 2014-12-31 | $0 |
Assets. Invements in employer securities at beginning of year | 2014-12-31 | $0 |
Contributions received in cash from employer | 2014-12-31 | $338,922 |
Employer contributions (assets) at end of year | 2014-12-31 | $51,670 |
Employer contributions (assets) at beginning of year | 2014-12-31 | $50,890 |
Income. Dividends from common stock | 2014-12-31 | $0 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2014-12-31 | $185,242 |
Contract administrator fees | 2014-12-31 | $992 |
Did the plan have assets held for investment | 2014-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2014-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2014-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2014-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2014-12-31 | Disclaimer |
Accountancy firm name | 2014-12-31 | CARNEY, ROY AND GERROL, P.C. |
Accountancy firm EIN | 2014-12-31 | 061352068 |
2013 : THE MILFORD BANK 401(K) PLAN 2013 401k financial data |
---|
Unrealized appreciation/depreciation of other (non real estate) assets | 2013-12-31 | $0 |
Total unrealized appreciation/depreciation of assets | 2013-12-31 | $0 |
Total transfer of assets to this plan | 2013-12-31 | $0 |
Total transfer of assets from this plan | 2013-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2013-12-31 | $859 |
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 | $1,895,358 |
Total loss/gain on sale of assets | 2013-12-31 | $0 |
Total of all expenses incurred | 2013-12-31 | $96,127 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2013-12-31 | $95,086 |
Expenses. Certain deemed distributions of participant loans | 2013-12-31 | $0 |
Value of total corrective distributions | 2013-12-31 | $0 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2013-12-31 | $737,664 |
Value of total assets at end of year | 2013-12-31 | $7,623,039 |
Value of total assets at beginning of year | 2013-12-31 | $5,822,949 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2013-12-31 | $1,041 |
Total interest from all sources | 2013-12-31 | $57,881 |
Total dividends received (eg from common stock, registered investment company shares) | 2013-12-31 | $0 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2013-12-31 | No |
Was this plan covered by a fidelity bond | 2013-12-31 | Yes |
Value of fidelity bond cover | 2013-12-31 | $1,000,000 |
If this is an individual account plan, was there a blackout period | 2013-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2013-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2013-12-31 | No |
Contributions received from participants | 2013-12-31 | $392,750 |
Participant contributions at end of year | 2013-12-31 | $145,766 |
Participant contributions at beginning of year | 2013-12-31 | $141,049 |
Assets. Other investments not covered elsewhere at end of year | 2013-12-31 | $0 |
Assets. Other investments not covered elsewhere at beginning of year | 2013-12-31 | $0 |
Income. Received or receivable in cash from other sources (including rollovers) | 2013-12-31 | $0 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2013-12-31 | $859 |
Other income not declared elsewhere | 2013-12-31 | $0 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2013-12-31 | No |
Value of net income/loss | 2013-12-31 | $1,799,231 |
Value of net assets at end of year (total assets less liabilities) | 2013-12-31 | $7,622,180 |
Value of net assets at beginning of year (total assets less liabilities) | 2013-12-31 | $5,822,949 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2013-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2013-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2013-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2013-12-31 | $5,509,767 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2013-12-31 | $3,940,536 |
Interest on participant loans | 2013-12-31 | $5,319 |
Interest earned on other investments | 2013-12-31 | $52,562 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2013-12-31 | $0 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2013-12-31 | $1,916,616 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2013-12-31 | $1,634,744 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2013-12-31 | $0 |
Net investment gain/loss from pooled separate accounts | 2013-12-31 | $1,099,813 |
Net investment gain or loss from common/collective trusts | 2013-12-31 | $0 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2013-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2013-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2013-12-31 | No |
Contributions received in cash from employer | 2013-12-31 | $344,914 |
Employer contributions (assets) at end of year | 2013-12-31 | $50,890 |
Employer contributions (assets) at beginning of year | 2013-12-31 | $106,620 |
Income. Dividends from common stock | 2013-12-31 | $0 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2013-12-31 | $95,086 |
Contract administrator fees | 2013-12-31 | $1,041 |
Did the plan have assets held for investment | 2013-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2013-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2013-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2013-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2013-12-31 | Disclaimer |
Accountancy firm name | 2013-12-31 | CARNEY, ROY AND GERROL, P.C. |
Accountancy firm EIN | 2013-12-31 | 061352068 |
2012 : THE MILFORD BANK 401(K) PLAN 2012 401k financial data |
---|
Total unrealized appreciation/depreciation of assets | 2012-12-31 | $0 |
Total transfer of assets from this plan | 2012-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2012-12-31 | $0 |
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 | $1,339,386 |
Total loss/gain on sale of assets | 2012-12-31 | $0 |
Total of all expenses incurred | 2012-12-31 | $316,747 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2012-12-31 | $315,669 |
Expenses. Certain deemed distributions of participant loans | 2012-12-31 | $0 |
Value of total corrective distributions | 2012-12-31 | $0 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2012-12-31 | $787,412 |
Value of total assets at end of year | 2012-12-31 | $5,822,949 |
Value of total assets at beginning of year | 2012-12-31 | $4,800,310 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2012-12-31 | $1,078 |
Total interest from all sources | 2012-12-31 | $52,095 |
Total dividends received (eg from common stock, registered investment company shares) | 2012-12-31 | $84 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2012-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2012-12-31 | $84 |
Was this plan covered by a fidelity bond | 2012-12-31 | Yes |
Value of fidelity bond cover | 2012-12-31 | $1,000,000 |
If this is an individual account plan, was there a blackout period | 2012-12-31 | Yes |
Funding deficiency by the employer to the plan for this plan year | 2012-12-31 | $0 |
Minimum employer required contribution for this plan year | 2012-12-31 | $0 |
Amount contributed by the employer to the plan for this plan year | 2012-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2012-12-31 | No |
Contributions received from participants | 2012-12-31 | $386,699 |
Participant contributions at end of year | 2012-12-31 | $141,049 |
Participant contributions at beginning of year | 2012-12-31 | $159,283 |
Income. Received or receivable in cash from other sources (including rollovers) | 2012-12-31 | $0 |
Administrative expenses (other) incurred | 2012-12-31 | $1,078 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2012-12-31 | No |
Value of net income/loss | 2012-12-31 | $1,022,639 |
Value of net assets at end of year (total assets less liabilities) | 2012-12-31 | $5,822,949 |
Value of net assets at beginning of year (total assets less liabilities) | 2012-12-31 | $4,800,310 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2012-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2012-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2012-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2012-12-31 | $3,940,536 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2012-12-31 | $4,541,591 |
Interest on participant loans | 2012-12-31 | $6,965 |
Interest earned on other investments | 2012-12-31 | $45,130 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2012-12-31 | $0 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2012-12-31 | $1,634,744 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2012-12-31 | $47,432 |
Net investment gain/loss from pooled separate accounts | 2012-12-31 | $452,363 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2012-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2012-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2012-12-31 | No |
Contributions received in cash from employer | 2012-12-31 | $400,713 |
Employer contributions (assets) at end of year | 2012-12-31 | $106,620 |
Employer contributions (assets) at beginning of year | 2012-12-31 | $99,436 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2012-12-31 | $315,669 |
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2012-12-31 | Yes |
Did the plan have assets held for investment | 2012-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2012-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2012-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2012-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2012-12-31 | Disclaimer |
Accountancy firm name | 2012-12-31 | CARNEY, ROY AND GERROL, P.C. |
Accountancy firm EIN | 2012-12-31 | 061352068 |
2011 : THE MILFORD BANK 401(K) PLAN 2011 401k financial data |
---|
Total unrealized appreciation/depreciation of assets | 2011-12-31 | $0 |
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 | $0 |
Total income from all sources (including contributions) | 2011-12-31 | $755,753 |
Total loss/gain on sale of assets | 2011-12-31 | $0 |
Total of all expenses incurred | 2011-12-31 | $277,657 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2011-12-31 | $276,347 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2011-12-31 | $839,516 |
Value of total assets at end of year | 2011-12-31 | $4,800,310 |
Value of total assets at beginning of year | 2011-12-31 | $4,322,214 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2011-12-31 | $1,310 |
Total interest from all sources | 2011-12-31 | $6,295 |
Total dividends received (eg from common stock, registered investment company shares) | 2011-12-31 | $83,844 |
Total dividends received from registered investment company shares (eg mutual funds) | 2011-12-31 | $83,844 |
Was this plan covered by a fidelity bond | 2011-12-31 | Yes |
Value of fidelity bond cover | 2011-12-31 | $1,000,000 |
If this is an individual account plan, was there a blackout period | 2011-12-31 | No |
Were there any nonexempt tranactions with any party-in-interest | 2011-12-31 | No |
Contributions received from participants | 2011-12-31 | $366,970 |
Participant contributions at end of year | 2011-12-31 | $159,283 |
Participant contributions at beginning of year | 2011-12-31 | $115,172 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2011-12-31 | No |
Value of net income/loss | 2011-12-31 | $478,096 |
Value of net assets at end of year (total assets less liabilities) | 2011-12-31 | $4,800,310 |
Value of net assets at beginning of year (total assets less liabilities) | 2011-12-31 | $4,322,214 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2011-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2011-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2011-12-31 | No |
Investment advisory and management fees | 2011-12-31 | $1,310 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2011-12-31 | $4,541,591 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2011-12-31 | $3,783,085 |
Interest on participant loans | 2011-12-31 | $6,295 |
Value of interest in common/collective trusts at end of year | 2011-12-31 | $0 |
Value of interest in common/collective trusts at beginning of year | 2011-12-31 | $423,957 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2011-12-31 | $-189,745 |
Net investment gain or loss from common/collective trusts | 2011-12-31 | $15,843 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2011-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2011-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2011-12-31 | No |
Contributions received in cash from employer | 2011-12-31 | $472,546 |
Employer contributions (assets) at end of year | 2011-12-31 | $99,436 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2011-12-31 | $276,347 |
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2011-12-31 | No |
Did the plan have assets held for investment | 2011-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2011-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2011-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2011-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2011-12-31 | Disclaimer |
Accountancy firm name | 2011-12-31 | CARNEY, ROY AND GERROL, P.C. |
Accountancy firm EIN | 2011-12-31 | 061352068 |
2010 : THE MILFORD BANK 401(K) PLAN 2010 401k financial data |
---|
Total income from all sources | 2010-12-31 | $1,126,999 |
Expenses. Total of all expenses incurred | 2010-12-31 | $114,183 |
Benefits paid (including direct rollovers) | 2010-12-31 | $110,122 |
Total plan assets at end of year | 2010-12-31 | $4,322,214 |
Total plan assets at beginning of year | 2010-12-31 | $3,309,398 |
Value of fidelity bond covering the plan | 2010-12-31 | $1,000,000 |
Total contributions received or receivable from participants | 2010-12-31 | $321,140 |
Other income received | 2010-12-31 | $467,145 |
Net income (gross income less expenses) | 2010-12-31 | $1,012,816 |
Net plan assets at end of year (total assets less liabilities) | 2010-12-31 | $4,322,214 |
Net plan assets at beginning of year (total assets less liabilities) | 2010-12-31 | $3,309,398 |
Assets. Value of participant loans | 2010-12-31 | $115,172 |
Total contributions received or receivable from employer(s) | 2010-12-31 | $338,714 |
Value of certain deemed distributions of participant loans | 2010-12-31 | $1,015 |
Expenses. Administrative service providers (salaries,fees and commissions) | 2010-12-31 | $3,046 |