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STATE BANK OF LONG ISLAND 401(K) RETIREMENT PLAN 401k Plan overview

Plan NameSTATE BANK OF LONG ISLAND 401(K) RETIREMENT PLAN
Plan identification number 002

STATE BANK OF LONG ISLAND 401(K) RETIREMENT PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Profit-sharing
  • ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
  • Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
  • Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
  • Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
  • Plan provides for automatic enrollment in plan that has employee contributions deducted from payroll.
  • Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
  • Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.
  • Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).
  • U.S.-based plan that covers residents of Puerto Rico and is qualified under both Code section 401 and section 1165 of the Puerto Rico Code.

401k Sponsoring company profile

VALLEY NATIONAL BANCORP has sponsored the creation of one or more 401k plans.

Company Name:VALLEY NATIONAL BANCORP
Employer identification number (EIN):112124927
NAIC Classification:522110
NAIC Description:Commercial Banking

Form 5500 Filing Information

Submission information for form 5500 for 401k plan STATE BANK OF LONG ISLAND 401(K) RETIREMENT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022014-01-01CAROL B. DIESNER
0022013-01-01CAROL B DIESNER
0022012-01-01CAROL B. DIESNER
0022011-01-01CAROL B. DIESNER
0022010-01-01MARY DURKIN MARY DURKIN2011-10-13
0022009-01-01MARY E. DURKIN MARY E DURKIN2010-10-14

Plan Statistics for STATE BANK OF LONG ISLAND 401(K) RETIREMENT PLAN

401k plan membership statisitcs for STATE BANK OF LONG ISLAND 401(K) RETIREMENT PLAN

Measure Date Value
2014: STATE BANK OF LONG ISLAND 401(K) RETIREMENT PLAN 2014 401k membership
Total participants, beginning-of-year2014-01-01216
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: STATE BANK OF LONG ISLAND 401(K) RETIREMENT PLAN 2013 401k membership
Total participants, beginning-of-year2013-01-01264
Total number of active participants reported on line 7a of the Form 55002013-01-01113
Number of retired or separated participants receiving benefits2013-01-016
Number of other retired or separated participants entitled to future benefits2013-01-0197
Total of all active and inactive participants2013-01-01216
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-01-010
Total participants2013-01-01216
Number of participants with account balances2013-01-01216
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-01-010
2012: STATE BANK OF LONG ISLAND 401(K) RETIREMENT PLAN 2012 401k membership
Total participants, beginning-of-year2012-01-01333
Total number of active participants reported on line 7a of the Form 55002012-01-01140
Number of retired or separated participants receiving benefits2012-01-017
Number of other retired or separated participants entitled to future benefits2012-01-01117
Total of all active and inactive participants2012-01-01264
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-010
Total participants2012-01-01264
Number of participants with account balances2012-01-01254
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-010
2011: STATE BANK OF LONG ISLAND 401(K) RETIREMENT PLAN 2011 401k membership
Total participants, beginning-of-year2011-01-01357
Total number of active participants reported on line 7a of the Form 55002011-01-01242
Number of retired or separated participants receiving benefits2011-01-016
Number of other retired or separated participants entitled to future benefits2011-01-0180
Total of all active and inactive participants2011-01-01328
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-010
Total participants2011-01-01328
Number of participants with account balances2011-01-01318
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-012
2010: STATE BANK OF LONG ISLAND 401(K) RETIREMENT PLAN 2010 401k membership
Total participants, beginning-of-year2010-01-01365
Total number of active participants reported on line 7a of the Form 55002010-01-01270
Number of retired or separated participants receiving benefits2010-01-016
Number of other retired or separated participants entitled to future benefits2010-01-0176
Total of all active and inactive participants2010-01-01352
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2010-01-010
Total participants2010-01-01352
Number of participants with account balances2010-01-01340
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2010-01-013
2009: STATE BANK OF LONG ISLAND 401(K) RETIREMENT PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-01342
Total number of active participants reported on line 7a of the Form 55002009-01-01279
Number of retired or separated participants receiving benefits2009-01-016
Number of other retired or separated participants entitled to future benefits2009-01-0175
Total of all active and inactive participants2009-01-01360
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-012
Total participants2009-01-01362
Number of participants with account balances2009-01-01342
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-010

Financial Data on STATE BANK OF LONG ISLAND 401(K) RETIREMENT PLAN

Measure Date Value
2014 : STATE BANK OF LONG ISLAND 401(K) RETIREMENT PLAN 2014 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2014-10-14$-33,527
Total unrealized appreciation/depreciation of assets2014-10-14$-33,527
Total transfer of assets from this plan2014-10-14$12,390,344
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2014-10-14$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2014-10-14$0
Total income from all sources (including contributions)2014-10-14$-148,262
Total loss/gain on sale of assets2014-10-14$1,977
Total of all expenses incurred2014-10-14$2,962,284
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2014-10-14$2,932,960
Total contributions o plan (from employers,participants, others, non cash contrinutions)2014-10-14$0
Value of total assets at end of year2014-10-14$0
Value of total assets at beginning of year2014-10-14$15,500,890
Total of administrative expenses incurred including professional, contract, advisory and management fees2014-10-14$29,324
Total interest from all sources2014-10-14$34,755
Total dividends received (eg from common stock, registered investment company shares)2014-10-14$44,141
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2014-10-14Yes
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan2014-10-14$0
Total dividends received from registered investment company shares (eg mutual funds)2014-10-14$28,892
Was this plan covered by a fidelity bond2014-10-14Yes
Value of fidelity bond cover2014-10-14$10,000,000
If this is an individual account plan, was there a blackout period2014-10-14No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2014-10-14$0
Were there any nonexempt tranactions with any party-in-interest2014-10-14No
Participant contributions at end of year2014-10-14$0
Participant contributions at beginning of year2014-10-14$255,392
Participant contributions at end of year2014-10-14$0
Participant contributions at beginning of year2014-10-14$0
Value of other receiveables (less allowance for doubtful accounts) at end of year2014-10-14$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2014-10-14$5,286
Other income not declared elsewhere2014-10-14$26,835
Administrative expenses (other) incurred2014-10-14$29,324
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2014-10-14No
Value of net income/loss2014-10-14$-3,110,546
Value of net assets at end of year (total assets less liabilities)2014-10-14$0
Value of net assets at beginning of year (total assets less liabilities)2014-10-14$15,500,890
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2014-10-14No
Were any loans by the plan or fixed income obligations due to the plan in default2014-10-14No
Were any leases to which the plan was party in default or uncollectible2014-10-14No
Value of interest in registered invesment companies (eg mutual funds) at end of year2014-10-14$0
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2014-10-14$6,986,099
Value of interest in pooled separate accounts at end of year2014-10-14$0
Value of interest in pooled separate accounts at beginning of year2014-10-14$5,238,206
Interest on participant loans2014-10-14$6,340
Interest earned on other investments2014-10-14$28,415
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2014-10-14$0
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2014-10-14$2,529,820
Net investment gain/loss from registered investment companies (e.g. mutual funds)2014-10-14$-200,942
Net investment gain/loss from pooled separate accounts2014-10-14$-21,501
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2014-10-14No
Was there a failure to transmit to the plan any participant contributions2014-10-14No
Has the plan failed to provide any benefit when due under the plan2014-10-14No
Assets. Invements in employer securities at end of year2014-10-14$0
Assets. Invements in employer securities at beginning of year2014-10-14$486,087
Employer contributions (assets) at end of year2014-10-14$0
Employer contributions (assets) at beginning of year2014-10-14$0
Income. Dividends from common stock2014-10-14$15,249
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2014-10-14$2,932,960
Did the plan have assets held for investment2014-10-14No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2014-10-14No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2014-10-14No
Aggregate proceeds on sale of assets2014-10-14$474,978
Aggregate carrying amount (costs) on sale of assets2014-10-14$473,001
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2014-10-14Yes
Opinion of an independent qualified public accountant for this plan2014-10-14Disclaimer
Accountancy firm name2014-10-14EICHEN & DIMEGLIO, PC
Accountancy firm EIN2014-10-14113320902
2013 : STATE BANK OF LONG ISLAND 401(K) RETIREMENT PLAN 2013 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2013-12-31$37,363
Total unrealized appreciation/depreciation of assets2013-12-31$37,363
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$2,901,640
Total loss/gain on sale of assets2013-12-31$3,348
Total of all expenses incurred2013-12-31$3,958,459
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2013-12-31$3,907,972
Value of total corrective distributions2013-12-31$6,841
Total contributions o plan (from employers,participants, others, non cash contrinutions)2013-12-31$0
Value of total assets at end of year2013-12-31$15,500,890
Value of total assets at beginning of year2013-12-31$16,557,709
Total of administrative expenses incurred including professional, contract, advisory and management fees2013-12-31$43,646
Total interest from all sources2013-12-31$54,983
Total dividends received (eg from common stock, registered investment company shares)2013-12-31$103,119
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2013-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2013-12-31$73,991
Was this plan covered by a fidelity bond2013-12-31Yes
Value of fidelity bond cover2013-12-31$10,000,000
If this is an individual account plan, was there a blackout period2013-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2013-12-31$0
Were there any nonexempt tranactions with any party-in-interest2013-12-31No
Participant contributions at end of year2013-12-31$255,392
Participant contributions at beginning of year2013-12-31$217,687
Participant contributions at end of year2013-12-31$0
Participant contributions at beginning of year2013-12-31$8,278
Value of other receiveables (less allowance for doubtful accounts) at end of year2013-12-31$5,286
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2013-12-31$0
Other income not declared elsewhere2013-12-31$40,227
Administrative expenses (other) incurred2013-12-31$43,646
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2013-12-31No
Value of net income/loss2013-12-31$-1,056,819
Value of net assets at end of year (total assets less liabilities)2013-12-31$15,500,890
Value of net assets at beginning of year (total assets less liabilities)2013-12-31$16,557,709
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$6,986,099
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2013-12-31$6,233,490
Value of interest in pooled separate accounts at end of year2013-12-31$5,238,206
Value of interest in pooled separate accounts at beginning of year2013-12-31$5,178,245
Interest on participant loans2013-12-31$7,763
Interest earned on other investments2013-12-31$47,220
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2013-12-31$2,529,820
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2013-12-31$3,818,770
Net investment gain/loss from registered investment companies (e.g. mutual funds)2013-12-31$1,656,718
Net investment gain/loss from pooled separate accounts2013-12-31$1,005,882
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$486,087
Assets. Invements in employer securities at beginning of year2013-12-31$473,738
Employer contributions (assets) at end of year2013-12-31$0
Employer contributions (assets) at beginning of year2013-12-31$627,501
Income. Dividends from common stock2013-12-31$29,128
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2013-12-31$3,907,972
Did the plan have assets held for investment2013-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2013-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2013-12-31No
Aggregate proceeds on sale of assets2013-12-31$60,598
Aggregate carrying amount (costs) on sale of assets2013-12-31$57,250
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2013-12-31Yes
Opinion of an independent qualified public accountant for this plan2013-12-31Disclaimer
Accountancy firm name2013-12-31EICHEN & DIMEGLIO, PC
Accountancy firm EIN2013-12-31113320902
2012 : STATE BANK OF LONG ISLAND 401(K) RETIREMENT PLAN 2012 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2012-12-31$-425,216
Total unrealized appreciation/depreciation of assets2012-12-31$-425,216
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$3,503,750
Total loss/gain on sale of assets2012-12-31$265,563
Total of all expenses incurred2012-12-31$5,906,135
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2012-12-31$5,858,162
Total contributions o plan (from employers,participants, others, non cash contrinutions)2012-12-31$1,668,598
Value of total assets at end of year2012-12-31$16,557,709
Value of total assets at beginning of year2012-12-31$18,960,094
Total of administrative expenses incurred including professional, contract, advisory and management fees2012-12-31$47,973
Total interest from all sources2012-12-31$86,625
Total dividends received (eg from common stock, registered investment company shares)2012-12-31$148,388
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2012-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2012-12-31$78,277
Was this plan covered by a fidelity bond2012-12-31Yes
Value of fidelity bond cover2012-12-31$10,000,000
If this is an individual account plan, was there a blackout period2012-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2012-12-31$0
Were there any nonexempt tranactions with any party-in-interest2012-12-31No
Contributions received from participants2012-12-31$1,041,097
Participant contributions at end of year2012-12-31$217,687
Participant contributions at beginning of year2012-12-31$267,071
Participant contributions at end of year2012-12-31$8,278
Participant contributions at beginning of year2012-12-31$0
Other income not declared elsewhere2012-12-31$43,448
Administrative expenses (other) incurred2012-12-31$47,973
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2012-12-31No
Value of net income/loss2012-12-31$-2,402,385
Value of net assets at end of year (total assets less liabilities)2012-12-31$16,557,709
Value of net assets at beginning of year (total assets less liabilities)2012-12-31$18,960,094
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2012-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2012-12-31No
Were any leases to which the plan was party in default or uncollectible2012-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2012-12-31$6,233,490
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2012-12-31$5,070,182
Value of interest in pooled separate accounts at end of year2012-12-31$5,178,245
Value of interest in pooled separate accounts at beginning of year2012-12-31$7,311,881
Interest on participant loans2012-12-31$7,869
Interest earned on other investments2012-12-31$78,756
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2012-12-31$3,818,770
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2012-12-31$4,132,859
Net investment gain/loss from registered investment companies (e.g. mutual funds)2012-12-31$961,710
Net investment gain/loss from pooled separate accounts2012-12-31$754,634
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2012-12-31No
Was there a failure to transmit to the plan any participant contributions2012-12-31No
Has the plan failed to provide any benefit when due under the plan2012-12-31No
Assets. Invements in employer securities at end of year2012-12-31$473,738
Assets. Invements in employer securities at beginning of year2012-12-31$836,263
Contributions received in cash from employer2012-12-31$627,501
Employer contributions (assets) at end of year2012-12-31$627,501
Employer contributions (assets) at beginning of year2012-12-31$1,341,838
Income. Dividends from common stock2012-12-31$70,111
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2012-12-31$5,858,162
Did the plan have assets held for investment2012-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2012-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2012-12-31No
Aggregate proceeds on sale of assets2012-12-31$1,122,888
Aggregate carrying amount (costs) on sale of assets2012-12-31$857,325
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2012-12-31Yes
Opinion of an independent qualified public accountant for this plan2012-12-31Disclaimer
Accountancy firm name2012-12-31EICHEN & DIMEGLIO, PC
Accountancy firm EIN2012-12-31113320902
2011 : STATE BANK OF LONG ISLAND 401(K) RETIREMENT PLAN 2011 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2011-12-31$173,321
Total unrealized appreciation/depreciation of assets2011-12-31$173,321
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$2,702,002
Total loss/gain on sale of assets2011-12-31$19,128
Total of all expenses incurred2011-12-31$3,565,624
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2011-12-31$3,518,514
Value of total corrective distributions2011-12-31$336
Total contributions o plan (from employers,participants, others, non cash contrinutions)2011-12-31$2,888,656
Value of total assets at end of year2011-12-31$18,960,094
Value of total assets at beginning of year2011-12-31$19,823,716
Total of administrative expenses incurred including professional, contract, advisory and management fees2011-12-31$46,774
Total interest from all sources2011-12-31$119,159
Total dividends received (eg from common stock, registered investment company shares)2011-12-31$82,998
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2011-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2011-12-31$65,230
Was this plan covered by a fidelity bond2011-12-31Yes
Value of fidelity bond cover2011-12-31$10,000,000
If this is an individual account plan, was there a blackout period2011-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2011-12-31$0
Were there any nonexempt tranactions with any party-in-interest2011-12-31No
Contributions received from participants2011-12-31$1,529,248
Participant contributions at end of year2011-12-31$267,071
Participant contributions at beginning of year2011-12-31$410,907
Income. Received or receivable in cash from other sources (including rollovers)2011-12-31$17,570
Other income not declared elsewhere2011-12-31$40,353
Administrative expenses (other) incurred2011-12-31$46,774
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Value of net income/loss2011-12-31$-863,622
Value of net assets at end of year (total assets less liabilities)2011-12-31$18,960,094
Value of net assets at beginning of year (total assets less liabilities)2011-12-31$19,823,716
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2011-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2011-12-31No
Were any leases to which the plan was party in default or uncollectible2011-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2011-12-31$5,070,182
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2011-12-31$1,457,884
Value of interest in pooled separate accounts at end of year2011-12-31$7,311,881
Value of interest in pooled separate accounts at beginning of year2011-12-31$11,892,478
Interest on participant loans2011-12-31$13,537
Interest earned on other investments2011-12-31$105,622
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2011-12-31$4,132,859
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2011-12-31$5,312,604
Net investment gain/loss from registered investment companies (e.g. mutual funds)2011-12-31$-499,583
Net investment gain/loss from pooled separate accounts2011-12-31$-122,030
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2011-12-31No
Was there a failure to transmit to the plan any participant contributions2011-12-31No
Has the plan failed to provide any benefit when due under the plan2011-12-31No
Assets. Invements in employer securities at end of year2011-12-31$836,263
Assets. Invements in employer securities at beginning of year2011-12-31$190,217
Contributions received in cash from employer2011-12-31$1,341,838
Employer contributions (assets) at end of year2011-12-31$1,341,838
Employer contributions (assets) at beginning of year2011-12-31$559,626
Income. Dividends from preferred stock2011-12-31$17,768
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2011-12-31$3,518,514
Did the plan have assets held for investment2011-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2011-12-31No
Aggregate proceeds on sale of assets2011-12-31$118,071
Aggregate carrying amount (costs) on sale of assets2011-12-31$98,943
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2011-12-31Yes
Opinion of an independent qualified public accountant for this plan2011-12-31Disclaimer
Accountancy firm name2011-12-31EICHEN & DIMEGLIO, PC
Accountancy firm EIN2011-12-31113320902
2010 : STATE BANK OF LONG ISLAND 401(K) RETIREMENT PLAN 2010 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2010-12-31$44,206
Total unrealized appreciation/depreciation of assets2010-12-31$44,206
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2010-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2010-12-31$0
Total income from all sources (including contributions)2010-12-31$4,021,551
Total loss/gain on sale of assets2010-12-31$1,779
Total of all expenses incurred2010-12-31$1,334,520
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2010-12-31$1,323,615
Value of total corrective distributions2010-12-31$82
Total contributions o plan (from employers,participants, others, non cash contrinutions)2010-12-31$2,398,949
Value of total assets at end of year2010-12-31$19,823,716
Value of total assets at beginning of year2010-12-31$17,136,685
Total of administrative expenses incurred including professional, contract, advisory and management fees2010-12-31$10,823
Total interest from all sources2010-12-31$149,079
Total dividends received (eg from common stock, registered investment company shares)2010-12-31$19,904
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2010-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2010-12-31$15,653
Was this plan covered by a fidelity bond2010-12-31Yes
Value of fidelity bond cover2010-12-31$10,000,000
If this is an individual account plan, was there a blackout period2010-12-31Yes
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2010-12-31$0
Were there any nonexempt tranactions with any party-in-interest2010-12-31No
Contributions received from participants2010-12-31$1,529,206
Participant contributions at end of year2010-12-31$410,907
Participant contributions at beginning of year2010-12-31$328,649
Income. Received or receivable in cash from other sources (including rollovers)2010-12-31$307,198
Administrative expenses (other) incurred2010-12-31$10,823
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2010-12-31No
Value of net income/loss2010-12-31$2,687,031
Value of net assets at end of year (total assets less liabilities)2010-12-31$19,823,716
Value of net assets at beginning of year (total assets less liabilities)2010-12-31$17,136,685
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2010-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2010-12-31No
Were any leases to which the plan was party in default or uncollectible2010-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2010-12-31$1,457,884
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2010-12-31$0
Value of interest in pooled separate accounts at end of year2010-12-31$11,892,478
Value of interest in pooled separate accounts at beginning of year2010-12-31$11,822,970
Interest on participant loans2010-12-31$17,384
Interest earned on other investments2010-12-31$131,695
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2010-12-31$5,312,604
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2010-12-31$4,830,536
Net investment gain/loss from registered investment companies (e.g. mutual funds)2010-12-31$5,511
Net investment gain/loss from pooled separate accounts2010-12-31$1,402,123
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2010-12-31No
Was there a failure to transmit to the plan any participant contributions2010-12-31No
Has the plan failed to provide any benefit when due under the plan2010-12-31No
Assets. Invements in employer securities at end of year2010-12-31$190,217
Assets. Invements in employer securities at beginning of year2010-12-31$154,530
Contributions received in cash from employer2010-12-31$562,545
Employer contributions (assets) at end of year2010-12-31$559,626
Employer contributions (assets) at beginning of year2010-12-31$0
Income. Dividends from common stock2010-12-31$4,251
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2010-12-31$1,323,615
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32010-12-31Yes
Did the plan have assets held for investment2010-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2010-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2010-12-31No
Aggregate proceeds on sale of assets2010-12-31$16,359
Aggregate carrying amount (costs) on sale of assets2010-12-31$14,580
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2010-12-31Yes
Opinion of an independent qualified public accountant for this plan2010-12-31Disclaimer
Accountancy firm name2010-12-31EICHEN & DIMEGLIO, PC
Accountancy firm EIN2010-12-31113320902
2009 : STATE BANK OF LONG ISLAND 401(K) RETIREMENT 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 STATE BANK OF LONG ISLAND 401(K) RETIREMENT PLAN

2014: STATE BANK OF LONG ISLAND 401(K) RETIREMENT 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 – InsuranceYes
2014-01-01Plan funding arrangement – TrustYes
2014-01-01Plan benefit arrangement – InsuranceYes
2014-01-01Plan benefit arrangement - TrustYes
2013: STATE BANK OF LONG ISLAND 401(K) RETIREMENT 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 – InsuranceYes
2013-01-01Plan funding arrangement – TrustYes
2013-01-01Plan benefit arrangement – InsuranceYes
2013-01-01Plan benefit arrangement - TrustYes
2012: STATE BANK OF LONG ISLAND 401(K) RETIREMENT 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: STATE BANK OF LONG ISLAND 401(K) RETIREMENT PLAN 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Submission has been amendedYes
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
2010: STATE BANK OF LONG ISLAND 401(K) RETIREMENT PLAN 2010 form 5500 responses
2010-01-01Type of plan entitySingle employer plan
2010-01-01Submission has been amendedNo
2010-01-01This submission is the final filingNo
2010-01-01This return/report is a short plan year return/report (less than 12 months)No
2010-01-01Plan is a collectively bargained planNo
2010-01-01Plan funding arrangement – InsuranceYes
2010-01-01Plan funding arrangement – TrustYes
2010-01-01Plan benefit arrangement – InsuranceYes
2010-01-01Plan benefit arrangement - TrustYes
2009: STATE BANK OF LONG ISLAND 401(K) RETIREMENT 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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