THE BANK OF GREENE COUNTY has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan THE BANK OF GREENE COUNTY PENSION PLAN
| Measure | Date | Value |
|---|
| 2025: THE BANK OF GREENE COUNTY PENSION PLAN 2025 401k membership |
|---|
| Total number of particpants at beginning of year | 2025-03-28 | 63 |
| Total number of particpants at end of year | 2025-03-28 | 61 |
| 2023: THE BANK OF GREENE COUNTY PENSION PLAN 2023 401k membership |
|---|
| Market value of plan assets | 2023-06-30 | 4,500,798 |
| Acturial value of plan assets | 2023-06-30 | 4,500,798 |
| Funding target for retired participants and beneficiaries receiving payment | 2023-06-30 | 2,954,761 |
| Number of terminated vested participants | 2023-06-30 | 20 |
| Fundng target for terminated vested participants | 2023-06-30 | 290,419 |
| Active participant vested funding target | 2023-06-30 | 742,039 |
| Number of active participants | 2023-06-30 | 26 |
| Total funding liabilities for active participants | 2023-06-30 | 742,039 |
| Total participant count | 2023-06-30 | 64 |
| Total funding target for all participants | 2023-06-30 | 3,987,219 |
| Balance at beginning of prior year after applicable adjustments | 2023-06-30 | 0 |
| Prefunding balance at beginning of prior year after applicable adjustments | 2023-06-30 | 1,121,364 |
| Carryover balanced portion elected for use to offset prior years funding requirement | 2023-06-30 | 0 |
| Prefunding balanced used to offset prior years funding requirement | 2023-06-30 | 0 |
| Amount remaining of carryover balance | 2023-06-30 | 0 |
| Amount remaining of prefunding balance | 2023-06-30 | 1,121,364 |
| Present value of excess contributions | 2023-06-30 | 0 |
| Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2023-06-30 | 0 |
| Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2023-06-30 | 0 |
| Reductions in caryover balances due to elections or deemed elections | 2023-06-30 | 0 |
| Reductions in prefunding balances due to elections or deemed elections | 2023-06-30 | 0 |
| Balance of carryovers at beginning of current year | 2023-06-30 | 0 |
| Balance of prefunding at beginning of current year | 2023-06-30 | 987,025 |
| Total employer contributions | 2023-06-30 | 0 |
| Total employee contributions | 2023-06-30 | 0 |
| Contributions allocated toward unpaid minimum require contributions from prior years | 2023-06-30 | 0 |
| Contributions made to avoid restrictions adjusted to valuation date | 2023-06-30 | 0 |
| Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2023-06-30 | 0 |
| Unpaid minimum required contributions for all prior years | 2023-06-30 | 0 |
| iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2023-06-30 | 0 |
| Remaining amount of unpaid minimum required contributions | 2023-06-30 | 0 |
| Minimum required contributions for current year target normal cost | 2023-06-30 | 17,000 |
| Net shortfall amortization installment of oustanding balance | 2023-06-30 | 473,446 |
| Waiver amortization installment | 2023-06-30 | 0 |
| Total funding amount beforereflecting carryover/prefunding balances | 2023-06-30 | 60,752 |
| Carryover balance elected to use to offset funding requirement | 2023-06-30 | 0 |
| Prefunding balance elected to use to offset funding requirement | 2023-06-30 | 60,752 |
| Additional cash requirement | 2023-06-30 | 0 |
| Contributions allocatedtoward minimum required contributions for current year | 2023-06-30 | 0 |
| Unpaid minimum required contributions for current year | 2023-06-30 | 0 |
| Unpaid minimum required contributions for all years | 2023-06-30 | 0 |
| 2022: THE BANK OF GREENE COUNTY PENSION PLAN 2022 401k membership |
|---|
| Market value of plan assets | 2022-06-30 | 5,759,267 |
| Acturial value of plan assets | 2022-06-30 | 5,759,267 |
| Funding target for retired participants and beneficiaries receiving payment | 2022-06-30 | 2,939,401 |
| Number of terminated vested participants | 2022-06-30 | 21 |
| Fundng target for terminated vested participants | 2022-06-30 | 445,025 |
| Active participant vested funding target | 2022-06-30 | 727,389 |
| Number of active participants | 2022-06-30 | 28 |
| Total funding liabilities for active participants | 2022-06-30 | 727,389 |
| Total participant count | 2022-06-30 | 66 |
| Total funding target for all participants | 2022-06-30 | 4,111,815 |
| Balance at beginning of prior year after applicable adjustments | 2022-06-30 | 0 |
| Prefunding balance at beginning of prior year after applicable adjustments | 2022-06-30 | 960,072 |
| Carryover balanced portion elected for use to offset prior years funding requirement | 2022-06-30 | 0 |
| Prefunding balanced used to offset prior years funding requirement | 2022-06-30 | 0 |
| Amount remaining of carryover balance | 2022-06-30 | 0 |
| Amount remaining of prefunding balance | 2022-06-30 | 960,072 |
| Present value of excess contributions | 2022-06-30 | 0 |
| Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2022-06-30 | 0 |
| Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2022-06-30 | 0 |
| Reductions in caryover balances due to elections or deemed elections | 2022-06-30 | 0 |
| Reductions in prefunding balances due to elections or deemed elections | 2022-06-30 | 0 |
| Balance of carryovers at beginning of current year | 2022-06-30 | 0 |
| Balance of prefunding at beginning of current year | 2022-06-30 | 1,121,364 |
| Total employer contributions | 2022-06-30 | 0 |
| Total employee contributions | 2022-06-30 | 0 |
| Contributions allocated toward unpaid minimum require contributions from prior years | 2022-06-30 | 0 |
| Contributions made to avoid restrictions adjusted to valuation date | 2022-06-30 | 0 |
| Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2022-06-30 | 0 |
| Unpaid minimum required contributions for all prior years | 2022-06-30 | 0 |
| iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2022-06-30 | 0 |
| Remaining amount of unpaid minimum required contributions | 2022-06-30 | 0 |
| Minimum required contributions for current year target normal cost | 2022-06-30 | 18,000 |
| Net shortfall amortization installment of oustanding balance | 2022-06-30 | 0 |
| Waiver amortization installment | 2022-06-30 | 0 |
| Total funding amount beforereflecting carryover/prefunding balances | 2022-06-30 | 0 |
| Carryover balance elected to use to offset funding requirement | 2022-06-30 | 0 |
| Prefunding balance elected to use to offset funding requirement | 2022-06-30 | 0 |
| Additional cash requirement | 2022-06-30 | 0 |
| Contributions allocatedtoward minimum required contributions for current year | 2022-06-30 | 0 |
| Unpaid minimum required contributions for current year | 2022-06-30 | 0 |
| Unpaid minimum required contributions for all years | 2022-06-30 | 0 |
| 2021: THE BANK OF GREENE COUNTY PENSION PLAN 2021 401k membership |
|---|
| Market value of plan assets | 2021-06-30 | 5,214,031 |
| Acturial value of plan assets | 2021-06-30 | 5,214,031 |
| Funding target for retired participants and beneficiaries receiving payment | 2021-06-30 | 3,061,343 |
| Number of terminated vested participants | 2021-06-30 | 21 |
| Fundng target for terminated vested participants | 2021-06-30 | 319,354 |
| Active participant vested funding target | 2021-06-30 | 856,262 |
| Number of active participants | 2021-06-30 | 31 |
| Total funding liabilities for active participants | 2021-06-30 | 856,262 |
| Total participant count | 2021-06-30 | 69 |
| Total funding target for all participants | 2021-06-30 | 4,236,959 |
| Balance at beginning of prior year after applicable adjustments | 2021-06-30 | 0 |
| Prefunding balance at beginning of prior year after applicable adjustments | 2021-06-30 | 1,000,178 |
| Carryover balanced portion elected for use to offset prior years funding requirement | 2021-06-30 | 0 |
| Prefunding balanced used to offset prior years funding requirement | 2021-06-30 | 0 |
| Amount remaining of carryover balance | 2021-06-30 | 0 |
| Amount remaining of prefunding balance | 2021-06-30 | 1,000,178 |
| Present value of excess contributions | 2021-06-30 | 0 |
| Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2021-06-30 | 0 |
| Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2021-06-30 | 0 |
| Reductions in caryover balances due to elections or deemed elections | 2021-06-30 | 0 |
| Reductions in prefunding balances due to elections or deemed elections | 2021-06-30 | 110,919 |
| Balance of carryovers at beginning of current year | 2021-06-30 | 0 |
| Balance of prefunding at beginning of current year | 2021-06-30 | 960,072 |
| Total employer contributions | 2021-06-30 | 0 |
| Total employee contributions | 2021-06-30 | 0 |
| Contributions allocated toward unpaid minimum require contributions from prior years | 2021-06-30 | 0 |
| Contributions made to avoid restrictions adjusted to valuation date | 2021-06-30 | 0 |
| Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2021-06-30 | 0 |
| Unpaid minimum required contributions for all prior years | 2021-06-30 | 0 |
| iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2021-06-30 | 0 |
| Remaining amount of unpaid minimum required contributions | 2021-06-30 | 0 |
| Minimum required contributions for current year target normal cost | 2021-06-30 | 17,000 |
| Net shortfall amortization installment of oustanding balance | 2021-06-30 | 0 |
| Waiver amortization installment | 2021-06-30 | 0 |
| Total funding amount beforereflecting carryover/prefunding balances | 2021-06-30 | 0 |
| Carryover balance elected to use to offset funding requirement | 2021-06-30 | 0 |
| Prefunding balance elected to use to offset funding requirement | 2021-06-30 | 0 |
| Additional cash requirement | 2021-06-30 | 0 |
| Contributions allocatedtoward minimum required contributions for current year | 2021-06-30 | 0 |
| Unpaid minimum required contributions for current year | 2021-06-30 | 0 |
| Unpaid minimum required contributions for all years | 2021-06-30 | 0 |
| 2020: THE BANK OF GREENE COUNTY PENSION PLAN 2020 401k membership |
|---|
| Market value of plan assets | 2020-06-30 | 5,139,431 |
| Acturial value of plan assets | 2020-06-30 | 5,139,431 |
| Funding target for retired participants and beneficiaries receiving payment | 2020-06-30 | 2,870,538 |
| Number of terminated vested participants | 2020-06-30 | 19 |
| Fundng target for terminated vested participants | 2020-06-30 | 280,607 |
| Active participant vested funding target | 2020-06-30 | 971,108 |
| Number of active participants | 2020-06-30 | 36 |
| Total funding liabilities for active participants | 2020-06-30 | 971,108 |
| Total participant count | 2020-06-30 | 70 |
| Total funding target for all participants | 2020-06-30 | 4,122,253 |
| Balance at beginning of prior year after applicable adjustments | 2020-06-30 | 0 |
| Prefunding balance at beginning of prior year after applicable adjustments | 2020-06-30 | 1,093,678 |
| Carryover balanced portion elected for use to offset prior years funding requirement | 2020-06-30 | 0 |
| Prefunding balanced used to offset prior years funding requirement | 2020-06-30 | 0 |
| Amount remaining of carryover balance | 2020-06-30 | 0 |
| Amount remaining of prefunding balance | 2020-06-30 | 1,093,678 |
| Present value of excess contributions | 2020-06-30 | 0 |
| Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2020-06-30 | 0 |
| Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2020-06-30 | 0 |
| Reductions in caryover balances due to elections or deemed elections | 2020-06-30 | 0 |
| Reductions in prefunding balances due to elections or deemed elections | 2020-06-30 | 187,994 |
| Balance of carryovers at beginning of current year | 2020-06-30 | 0 |
| Balance of prefunding at beginning of current year | 2020-06-30 | 1,000,178 |
| Total employer contributions | 2020-06-30 | 0 |
| Total employee contributions | 2020-06-30 | 0 |
| Contributions allocated toward unpaid minimum require contributions from prior years | 2020-06-30 | 0 |
| Contributions made to avoid restrictions adjusted to valuation date | 2020-06-30 | 0 |
| Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2020-06-30 | 0 |
| Unpaid minimum required contributions for all prior years | 2020-06-30 | 0 |
| iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2020-06-30 | 0 |
| Remaining amount of unpaid minimum required contributions | 2020-06-30 | 0 |
| Minimum required contributions for current year target normal cost | 2020-06-30 | 17,000 |
| Net shortfall amortization installment of oustanding balance | 2020-06-30 | 0 |
| Waiver amortization installment | 2020-06-30 | 0 |
| Total funding amount beforereflecting carryover/prefunding balances | 2020-06-30 | 0 |
| Carryover balance elected to use to offset funding requirement | 2020-06-30 | 0 |
| Prefunding balance elected to use to offset funding requirement | 2020-06-30 | 0 |
| Additional cash requirement | 2020-06-30 | 0 |
| Contributions allocatedtoward minimum required contributions for current year | 2020-06-30 | 0 |
| Unpaid minimum required contributions for current year | 2020-06-30 | 0 |
| Unpaid minimum required contributions for all years | 2020-06-30 | 0 |
| 2019: THE BANK OF GREENE COUNTY PENSION PLAN 2019 401k membership |
|---|
| Market value of plan assets | 2019-06-30 | 5,074,621 |
| Acturial value of plan assets | 2019-06-30 | 5,074,621 |
| Funding target for retired participants and beneficiaries receiving payment | 2019-06-30 | 2,780,928 |
| Number of terminated vested participants | 2019-06-30 | 18 |
| Fundng target for terminated vested participants | 2019-06-30 | 219,836 |
| Active participant vested funding target | 2019-06-30 | 965,179 |
| Number of active participants | 2019-06-30 | 40 |
| Total funding liabilities for active participants | 2019-06-30 | 965,179 |
| Total participant count | 2019-06-30 | 72 |
| Total funding target for all participants | 2019-06-30 | 3,965,943 |
| Balance at beginning of prior year after applicable adjustments | 2019-06-30 | 0 |
| Prefunding balance at beginning of prior year after applicable adjustments | 2019-06-30 | 1,027,216 |
| Carryover balanced portion elected for use to offset prior years funding requirement | 2019-06-30 | 0 |
| Prefunding balanced used to offset prior years funding requirement | 2019-06-30 | 0 |
| Amount remaining of carryover balance | 2019-06-30 | 0 |
| Amount remaining of prefunding balance | 2019-06-30 | 1,027,216 |
| Present value of excess contributions | 2019-06-30 | 211,109 |
| Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2019-06-30 | 223,797 |
| Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2019-06-30 | 223,761 |
| Reductions in caryover balances due to elections or deemed elections | 2019-06-30 | 0 |
| Reductions in prefunding balances due to elections or deemed elections | 2019-06-30 | 206,811 |
| Balance of carryovers at beginning of current year | 2019-06-30 | 0 |
| Balance of prefunding at beginning of current year | 2019-06-30 | 1,093,678 |
| Total employer contributions | 2019-06-30 | 0 |
| Total employee contributions | 2019-06-30 | 0 |
| Contributions allocated toward unpaid minimum require contributions from prior years | 2019-06-30 | 0 |
| Contributions made to avoid restrictions adjusted to valuation date | 2019-06-30 | 0 |
| Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2019-06-30 | 0 |
| Unpaid minimum required contributions for all prior years | 2019-06-30 | 0 |
| iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2019-06-30 | 0 |
| Remaining amount of unpaid minimum required contributions | 2019-06-30 | 0 |
| Minimum required contributions for current year target normal cost | 2019-06-30 | 15,000 |
| Net shortfall amortization installment of oustanding balance | 2019-06-30 | 0 |
| Waiver amortization installment | 2019-06-30 | 0 |
| Total funding amount beforereflecting carryover/prefunding balances | 2019-06-30 | 0 |
| Carryover balance elected to use to offset funding requirement | 2019-06-30 | 0 |
| Prefunding balance elected to use to offset funding requirement | 2019-06-30 | 0 |
| Additional cash requirement | 2019-06-30 | 0 |
| Contributions allocatedtoward minimum required contributions for current year | 2019-06-30 | 0 |
| Unpaid minimum required contributions for current year | 2019-06-30 | 0 |
| Unpaid minimum required contributions for all years | 2019-06-30 | 0 |
| 2018: THE BANK OF GREENE COUNTY PENSION PLAN 2018 401k membership |
|---|
| Market value of plan assets | 2018-06-30 | 5,057,644 |
| Acturial value of plan assets | 2018-06-30 | 5,057,644 |
| Funding target for retired participants and beneficiaries receiving payment | 2018-06-30 | 2,759,264 |
| Number of terminated vested participants | 2018-06-30 | 24 |
| Fundng target for terminated vested participants | 2018-06-30 | 380,172 |
| Active participant vested funding target | 2018-06-30 | 875,992 |
| Number of active participants | 2018-06-30 | 39 |
| Total funding liabilities for active participants | 2018-06-30 | 875,992 |
| Total participant count | 2018-06-30 | 76 |
| Total funding target for all participants | 2018-06-30 | 4,015,428 |
| Balance at beginning of prior year after applicable adjustments | 2018-06-30 | 0 |
| Prefunding balance at beginning of prior year after applicable adjustments | 2018-06-30 | 1,084,377 |
| Carryover balanced portion elected for use to offset prior years funding requirement | 2018-06-30 | 0 |
| Prefunding balanced used to offset prior years funding requirement | 2018-06-30 | 0 |
| Amount remaining of carryover balance | 2018-06-30 | 0 |
| Amount remaining of prefunding balance | 2018-06-30 | 1,084,377 |
| Present value of excess contributions | 2018-06-30 | 0 |
| Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2018-06-30 | 0 |
| Reductions in prefunding balances due to elections or deemed elections | 2018-06-30 | 133,501 |
| Balance of carryovers at beginning of current year | 2018-06-30 | 0 |
| Balance of prefunding at beginning of current year | 2018-06-30 | 1,027,216 |
| Total employer contributions | 2018-06-30 | 230,000 |
| Total employee contributions | 2018-06-30 | 0 |
| Contributions allocated toward unpaid minimum require contributions from prior years | 2018-06-30 | 0 |
| Contributions made to avoid restrictions adjusted to valuation date | 2018-06-30 | 0 |
| Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2018-06-30 | 0 |
| Unpaid minimum required contributions for all prior years | 2018-06-30 | 0 |
| iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2018-06-30 | 0 |
| Remaining amount of unpaid minimum required contributions | 2018-06-30 | 0 |
| Minimum required contributions for current year target normal cost | 2018-06-30 | 15,000 |
| Net shortfall amortization installment of oustanding balance | 2018-06-30 | 0 |
| Waiver amortization installment | 2018-06-30 | 0 |
| Total funding amount beforereflecting carryover/prefunding balances | 2018-06-30 | 0 |
| Carryover balance elected to use to offset funding requirement | 2018-06-30 | 0 |
| Prefunding balance elected to use to offset funding requirement | 2018-06-30 | 0 |
| Additional cash requirement | 2018-06-30 | 0 |
| Contributions allocatedtoward minimum required contributions for current year | 2018-06-30 | 0 |
| Unpaid minimum required contributions for current year | 2018-06-30 | 0 |
| Unpaid minimum required contributions for all years | 2018-06-30 | 0 |
| 2017: THE BANK OF GREENE COUNTY PENSION PLAN 2017 401k membership |
|---|
| Market value of plan assets | 2017-06-30 | 4,952,766 |
| Acturial value of plan assets | 2017-06-30 | 4,952,766 |
| Funding target for retired participants and beneficiaries receiving payment | 2017-06-30 | 2,460,784 |
| Number of terminated vested participants | 2017-06-30 | 25 |
| Fundng target for terminated vested participants | 2017-06-30 | 600,840 |
| Active participant vested funding target | 2017-06-30 | 792,765 |
| Number of active participants | 2017-06-30 | 42 |
| Total funding liabilities for active participants | 2017-06-30 | 792,765 |
| Total participant count | 2017-06-30 | 79 |
| Total funding target for all participants | 2017-06-30 | 3,854,389 |
| Balance at beginning of prior year after applicable adjustments | 2017-06-30 | 0 |
| Prefunding balance at beginning of prior year after applicable adjustments | 2017-06-30 | 929,489 |
| Carryover balanced portion elected for use to offset prior years funding requirement | 2017-06-30 | 0 |
| Prefunding balanced used to offset prior years funding requirement | 2017-06-30 | 45,389 |
| Amount remaining of carryover balance | 2017-06-30 | 0 |
| Amount remaining of prefunding balance | 2017-06-30 | 884,100 |
| Present value of excess contributions | 2017-06-30 | 528,378 |
| Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2017-06-30 | 560,701 |
| Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2017-06-30 | 172,781 |
| Reductions in caryover balances due to elections or deemed elections | 2017-06-30 | 0 |
| Reductions in prefunding balances due to elections or deemed elections | 2017-06-30 | 0 |
| Balance of carryovers at beginning of current year | 2017-06-30 | 0 |
| Balance of prefunding at beginning of current year | 2017-06-30 | 1,084,377 |
| Total employer contributions | 2017-06-30 | 0 |
| Total employee contributions | 2017-06-30 | 0 |
| Contributions allocated toward unpaid minimum require contributions from prior years | 2017-06-30 | 0 |
| Contributions made to avoid restrictions adjusted to valuation date | 2017-06-30 | 0 |
| Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2017-06-30 | 0 |
| Unpaid minimum required contributions for all prior years | 2017-06-30 | 0 |
| iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2017-06-30 | 0 |
| Remaining amount of unpaid minimum required contributions | 2017-06-30 | 0 |
| Minimum required contributions for current year target normal cost | 2017-06-30 | 14,000 |
| Net shortfall amortization installment of oustanding balance | 2017-06-30 | 0 |
| Waiver amortization installment | 2017-06-30 | 0 |
| Waived amount of outstanding balance | 2017-06-30 | 0 |
| Total funding amount beforereflecting carryover/prefunding balances | 2017-06-30 | 0 |
| Carryover balance elected to use to offset funding requirement | 2017-06-30 | 0 |
| Prefunding balance elected to use to offset funding requirement | 2017-06-30 | 0 |
| Additional cash requirement | 2017-06-30 | 0 |
| Contributions allocatedtoward minimum required contributions for current year | 2017-06-30 | 0 |
| Unpaid minimum required contributions for current year | 2017-06-30 | 0 |
| Unpaid minimum required contributions for all years | 2017-06-30 | 0 |