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PUTNAM COUNTY NATIONAL BANK PENSION PLAN AS A MEMBER OF THE NEW YORK STATE BANKERS RETIREMENT SYSTEM 401k Plan overview

Plan NamePUTNAM COUNTY NATIONAL BANK PENSION PLAN AS A MEMBER OF THE NEW YORK STATE BANKERS RETIREMENT SYSTEM
Plan identification number 001

PUTNAM COUNTY NATIONAL BANK PENSION PLAN AS A MEMBER OF THE NEW YORK STATE BANKERS RETIREMENT SYSTEM Benefits

401k Plan TypeDefined Benefit Pension
Plan Features/Benefits
  • Benefits are primarily pay related
  • Covered by PBGC - Plan is covered under the PBGC insurance program (see ERISA section 4021).
  • Frozen Plan - As of the last day of the plan year, the plan provides that no participant will get any new benefit accrual (whether because of service or compensation).
  • Profit-sharing
  • ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
  • Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
  • Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
  • Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
  • Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
  • Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.

401k Sponsoring company profile

PUTNAM COUNTY NATIONAL BANK has sponsored the creation of one or more 401k plans.

Company Name:PUTNAM COUNTY NATIONAL BANK
Employer identification number (EIN):140984850
NAIC Classification:522110
NAIC Description:Commercial Banking

Form 5500 Filing Information

Submission information for form 5500 for 401k plan PUTNAM COUNTY NATIONAL BANK PENSION PLAN AS A MEMBER OF THE NEW YORK STATE BANKERS RETIREMENT SYSTEM

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012021-10-01
0012020-10-01
0012019-10-01
0012019-01-01PHIL TISUE2020-07-23
0012018-10-01
0012018-01-01SALVATORE RANDAZZO2019-06-28
0012017-10-01
0012017-01-01FRANCA MARTIN2018-07-06
0012016-10-01SALVATORE RANDAZZO
0012016-01-01FRANCA MARTIN2017-07-10
0012015-10-01SALVATORE RANDAZZO
0012015-01-01GAIL MURAYARI2016-06-24
0012014-10-01GAIL CARRION-MURAYARI
0012014-01-01GAIL MURAYARI2015-07-06
0012013-10-01GAIL CARRION-MURAYARI
0012013-01-01GAIL MURAYARI2014-07-09
0012012-10-01GAIL CARRION-MURAYARI
0012011-10-01GAIL CARRION-MURAYARI GAIL CARRION-MURAYARI2013-04-16
0012010-10-01GAIL CARRION-MURAYARI GAIL CARRION-MURAYARI2012-04-25
0012009-10-01GAIL CARRION-MURAYARI GAIL CARRION-MURAYARI2011-04-11

Plan Statistics for PUTNAM COUNTY NATIONAL BANK PENSION PLAN AS A MEMBER OF THE NEW YORK STATE BANKERS RETIREMENT SYSTEM

401k plan membership statisitcs for PUTNAM COUNTY NATIONAL BANK PENSION PLAN AS A MEMBER OF THE NEW YORK STATE BANKERS RETIREMENT SYSTEM

Measure Date Value
2022: PUTNAM COUNTY NATIONAL BANK PENSION PLAN AS A MEMBER OF THE NEW YORK STATE BANKERS RETIREMENT SYSTEM 2022 401k membership
Market value of plan assets2022-09-307,839,073
Acturial value of plan assets2022-09-307,839,073
Funding target for retired participants and beneficiaries receiving payment2022-09-306,257,819
Number of terminated vested participants2022-09-302
Fundng target for terminated vested participants2022-09-30174,383
Active participant vested funding target2022-09-30232,772
Number of active participants2022-09-305
Total funding liabilities for active participants2022-09-30232,772
Total participant count2022-09-3049
Total funding target for all participants2022-09-306,664,974
Balance at beginning of prior year after applicable adjustments2022-09-300
Prefunding balance at beginning of prior year after applicable adjustments2022-09-300
Carryover balanced portion elected for use to offset prior years funding requirement2022-09-300
Prefunding balanced used to offset prior years funding requirement2022-09-300
Amount remaining of carryover balance2022-09-300
Amount remaining of prefunding balance2022-09-300
Present value of excess contributions2022-09-300
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2022-09-300
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2022-09-300
Reductions in caryover balances due to elections or deemed elections2022-09-300
Reductions in prefunding balances due to elections or deemed elections2022-09-300
Balance of carryovers at beginning of current year2022-09-300
Balance of prefunding at beginning of current year2022-09-300
Total employer contributions2022-09-300
Total employee contributions2022-09-300
Contributions allocated toward unpaid minimum require contributions from prior years2022-09-300
Contributions made to avoid restrictions adjusted to valuation date2022-09-300
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2022-09-300
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2022-09-300
Remaining amount of unpaid minimum required contributions2022-09-300
Minimum required contributions for current year target normal cost2022-09-3049,329
Total funding amount beforereflecting carryover/prefunding balances2022-09-300
Additional cash requirement2022-09-300
Contributions allocatedtoward minimum required contributions for current year2022-09-300
Unpaid minimum required contributions for current year2022-09-300
Unpaid minimum required contributions for all years2022-09-300
2021: PUTNAM COUNTY NATIONAL BANK PENSION PLAN AS A MEMBER OF THE NEW YORK STATE BANKERS RETIREMENT SYSTEM 2021 401k membership
Total participants, beginning-of-year2021-10-0149
Total number of active participants reported on line 7a of the Form 55002021-10-015
Number of retired or separated participants receiving benefits2021-10-0136
Number of other retired or separated participants entitled to future benefits2021-10-012
Total of all active and inactive participants2021-10-0143
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-10-015
Total participants2021-10-0148
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-10-010
Market value of plan assets2021-09-307,562,209
Acturial value of plan assets2021-09-307,562,209
Funding target for retired participants and beneficiaries receiving payment2021-09-306,541,607
Number of terminated vested participants2021-09-302
Fundng target for terminated vested participants2021-09-30168,798
Active participant vested funding target2021-09-30225,127
Number of active participants2021-09-305
Total funding liabilities for active participants2021-09-30225,127
Total participant count2021-09-3050
Total funding target for all participants2021-09-306,935,532
Balance at beginning of prior year after applicable adjustments2021-09-300
Prefunding balance at beginning of prior year after applicable adjustments2021-09-300
Carryover balanced portion elected for use to offset prior years funding requirement2021-09-300
Prefunding balanced used to offset prior years funding requirement2021-09-300
Amount remaining of carryover balance2021-09-300
Amount remaining of prefunding balance2021-09-300
Present value of excess contributions2021-09-300
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2021-09-300
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2021-09-300
Reductions in caryover balances due to elections or deemed elections2021-09-300
Reductions in prefunding balances due to elections or deemed elections2021-09-300
Balance of carryovers at beginning of current year2021-09-300
Balance of prefunding at beginning of current year2021-09-300
Total employer contributions2021-09-300
Total employee contributions2021-09-300
Contributions allocated toward unpaid minimum require contributions from prior years2021-09-300
Contributions made to avoid restrictions adjusted to valuation date2021-09-300
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2021-09-300
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2021-09-300
Remaining amount of unpaid minimum required contributions2021-09-300
Minimum required contributions for current year target normal cost2021-09-3044,488
Total funding amount beforereflecting carryover/prefunding balances2021-09-300
Additional cash requirement2021-09-300
Contributions allocatedtoward minimum required contributions for current year2021-09-300
Unpaid minimum required contributions for current year2021-09-300
Unpaid minimum required contributions for all years2021-09-300
2020: PUTNAM COUNTY NATIONAL BANK PENSION PLAN AS A MEMBER OF THE NEW YORK STATE BANKERS RETIREMENT SYSTEM 2020 401k membership
Total participants, beginning-of-year2020-10-0150
Total number of active participants reported on line 7a of the Form 55002020-10-015
Number of retired or separated participants receiving benefits2020-10-0137
Number of other retired or separated participants entitled to future benefits2020-10-012
Total of all active and inactive participants2020-10-0144
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-10-015
Total participants2020-10-0149
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-10-010
Market value of plan assets2020-09-307,120,070
Acturial value of plan assets2020-09-307,120,070
Funding target for retired participants and beneficiaries receiving payment2020-09-304,501,094
Number of terminated vested participants2020-09-303
Fundng target for terminated vested participants2020-09-30179,863
Active participant vested funding target2020-09-302,023,574
Number of active participants2020-09-307
Total funding liabilities for active participants2020-09-302,023,574
Total participant count2020-09-3051
Total funding target for all participants2020-09-306,704,531
Balance at beginning of prior year after applicable adjustments2020-09-300
Prefunding balance at beginning of prior year after applicable adjustments2020-09-300
Amount remaining of carryover balance2020-09-300
Amount remaining of prefunding balance2020-09-300
Present value of excess contributions2020-09-300
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2020-09-300
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2020-09-300
Reductions in caryover balances due to elections or deemed elections2020-09-300
Reductions in prefunding balances due to elections or deemed elections2020-09-300
Balance of carryovers at beginning of current year2020-09-300
Balance of prefunding at beginning of current year2020-09-300
Total employer contributions2020-09-300
Total employee contributions2020-09-300
Contributions allocated toward unpaid minimum require contributions from prior years2020-09-300
Contributions made to avoid restrictions adjusted to valuation date2020-09-300
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2020-09-300
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2020-09-300
Remaining amount of unpaid minimum required contributions2020-09-300
Minimum required contributions for current year target normal cost2020-09-3035,936
Total funding amount beforereflecting carryover/prefunding balances2020-09-300
Additional cash requirement2020-09-300
Contributions allocatedtoward minimum required contributions for current year2020-09-300
Unpaid minimum required contributions for current year2020-09-300
Unpaid minimum required contributions for all years2020-09-300
2019: PUTNAM COUNTY NATIONAL BANK PENSION PLAN AS A MEMBER OF THE NEW YORK STATE BANKERS RETIREMENT SYSTEM 2019 401k membership
Total participants, beginning-of-year2019-10-0151
Total number of active participants reported on line 7a of the Form 55002019-10-015
Number of retired or separated participants receiving benefits2019-10-0138
Number of other retired or separated participants entitled to future benefits2019-10-012
Total of all active and inactive participants2019-10-0145
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-10-015
Total participants2019-10-0150
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-10-010
Market value of plan assets2019-09-306,786,316
Acturial value of plan assets2019-09-306,786,316
Funding target for retired participants and beneficiaries receiving payment2019-09-304,477,686
Number of terminated vested participants2019-09-303
Fundng target for terminated vested participants2019-09-3094,642
Active participant vested funding target2019-09-302,015,243
Number of active participants2019-09-308
Total funding liabilities for active participants2019-09-302,015,243
Total participant count2019-09-3053
Total funding target for all participants2019-09-306,587,571
Balance at beginning of prior year after applicable adjustments2019-09-300
Prefunding balance at beginning of prior year after applicable adjustments2019-09-300
Carryover balanced portion elected for use to offset prior years funding requirement2019-09-300
Prefunding balanced used to offset prior years funding requirement2019-09-300
Amount remaining of carryover balance2019-09-300
Amount remaining of prefunding balance2019-09-300
Present value of excess contributions2019-09-300
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2019-09-300
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2019-09-300
Reductions in caryover balances due to elections or deemed elections2019-09-300
Reductions in prefunding balances due to elections or deemed elections2019-09-300
Balance of carryovers at beginning of current year2019-09-300
Balance of prefunding at beginning of current year2019-09-300
Total employer contributions2019-09-300
Total employee contributions2019-09-300
Contributions allocated toward unpaid minimum require contributions from prior years2019-09-300
Contributions made to avoid restrictions adjusted to valuation date2019-09-300
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2019-09-300
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2019-09-300
Remaining amount of unpaid minimum required contributions2019-09-300
Minimum required contributions for current year target normal cost2019-09-3052,597
Net shortfall amortization installment of oustanding balance2019-09-300
Waiver amortization installment2019-09-300
Total funding amount beforereflecting carryover/prefunding balances2019-09-300
Additional cash requirement2019-09-300
Contributions allocatedtoward minimum required contributions for current year2019-09-300
Unpaid minimum required contributions for current year2019-09-300
Unpaid minimum required contributions for all years2019-09-300
2018: PUTNAM COUNTY NATIONAL BANK PENSION PLAN AS A MEMBER OF THE NEW YORK STATE BANKERS RETIREMENT SYSTEM 2018 401k membership
Total participants, beginning-of-year2018-10-0153
Total number of active participants reported on line 7a of the Form 55002018-10-017
Number of retired or separated participants receiving benefits2018-10-0135
Number of other retired or separated participants entitled to future benefits2018-10-013
Total of all active and inactive participants2018-10-0145
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-10-016
Total participants2018-10-0151
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-10-010
Market value of plan assets2018-09-307,456,129
Acturial value of plan assets2018-09-307,456,129
Funding target for retired participants and beneficiaries receiving payment2018-09-302,356,485
Number of terminated vested participants2018-09-304
Fundng target for terminated vested participants2018-09-3091,800
Active participant vested funding target2018-09-304,123,904
Number of active participants2018-09-3011
Total funding liabilities for active participants2018-09-304,123,904
Total participant count2018-09-3054
Total funding target for all participants2018-09-306,572,189
Balance at beginning of prior year after applicable adjustments2018-09-300
Prefunding balance at beginning of prior year after applicable adjustments2018-09-300
Carryover balanced portion elected for use to offset prior years funding requirement2018-09-300
Prefunding balanced used to offset prior years funding requirement2018-09-300
Amount remaining of carryover balance2018-09-300
Amount remaining of prefunding balance2018-09-300
Present value of excess contributions2018-09-300
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2018-09-300
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2018-09-300
Reductions in caryover balances due to elections or deemed elections2018-09-300
Reductions in prefunding balances due to elections or deemed elections2018-09-300
Balance of carryovers at beginning of current year2018-09-300
Balance of prefunding at beginning of current year2018-09-300
Total employer contributions2018-09-300
Total employee contributions2018-09-300
Contributions allocated toward unpaid minimum require contributions from prior years2018-09-300
Contributions made to avoid restrictions adjusted to valuation date2018-09-300
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2018-09-300
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2018-09-300
Remaining amount of unpaid minimum required contributions2018-09-300
Minimum required contributions for current year target normal cost2018-09-3056,829
Net shortfall amortization installment of oustanding balance2018-09-300
Waiver amortization installment2018-09-300
Total funding amount beforereflecting carryover/prefunding balances2018-09-300
Carryover balance elected to use to offset funding requirement2018-09-300
Prefunding balance elected to use to offset funding requirement2018-09-300
Additional cash requirement2018-09-300
Contributions allocatedtoward minimum required contributions for current year2018-09-300
Unpaid minimum required contributions for current year2018-09-300
Unpaid minimum required contributions for all years2018-09-300
2017: PUTNAM COUNTY NATIONAL BANK PENSION PLAN AS A MEMBER OF THE NEW YORK STATE BANKERS RETIREMENT SYSTEM 2017 401k membership
Total participants, beginning-of-year2017-10-0154
Total number of active participants reported on line 7a of the Form 55002017-10-018
Number of retired or separated participants receiving benefits2017-10-0137
Number of other retired or separated participants entitled to future benefits2017-10-013
Total of all active and inactive participants2017-10-0148
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-10-015
Total participants2017-10-0153
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-10-010
Market value of plan assets2017-09-307,136,432
Acturial value of plan assets2017-09-307,136,432
Funding target for retired participants and beneficiaries receiving payment2017-09-301,540,005
Number of terminated vested participants2017-09-305
Fundng target for terminated vested participants2017-09-30170,489
Active participant vested funding target2017-09-304,577,796
Number of active participants2017-09-3015
Total funding liabilities for active participants2017-09-304,577,796
Total participant count2017-09-3055
Total funding target for all participants2017-09-306,288,290
Balance at beginning of prior year after applicable adjustments2017-09-300
Prefunding balance at beginning of prior year after applicable adjustments2017-09-300
Carryover balanced portion elected for use to offset prior years funding requirement2017-09-300
Prefunding balanced used to offset prior years funding requirement2017-09-300
Amount remaining of carryover balance2017-09-300
Amount remaining of prefunding balance2017-09-300
Present value of excess contributions2017-09-300
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2017-09-300
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2017-09-300
Reductions in caryover balances due to elections or deemed elections2017-09-300
Reductions in prefunding balances due to elections or deemed elections2017-09-300
Balance of carryovers at beginning of current year2017-09-300
Balance of prefunding at beginning of current year2017-09-300
Total employer contributions2017-09-300
Total employee contributions2017-09-300
Contributions allocated toward unpaid minimum require contributions from prior years2017-09-300
Contributions made to avoid restrictions adjusted to valuation date2017-09-300
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2017-09-300
Unpaid minimum required contributions for all prior years2017-09-300
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2017-09-300
Remaining amount of unpaid minimum required contributions2017-09-300
Minimum required contributions for current year target normal cost2017-09-3044,180
Net shortfall amortization installment of oustanding balance2017-09-300
Waiver amortization installment2017-09-300
Total funding amount beforereflecting carryover/prefunding balances2017-09-300
Carryover balance elected to use to offset funding requirement2017-09-300
Prefunding balance elected to use to offset funding requirement2017-09-300
Additional cash requirement2017-09-300
Contributions allocatedtoward minimum required contributions for current year2017-09-300
Unpaid minimum required contributions for current year2017-09-300
Unpaid minimum required contributions for all years2017-09-300
2016: PUTNAM COUNTY NATIONAL BANK PENSION PLAN AS A MEMBER OF THE NEW YORK STATE BANKERS RETIREMENT SYSTEM 2016 401k membership
Total participants, beginning-of-year2016-10-0155
Total number of active participants reported on line 7a of the Form 55002016-10-0111
Number of retired or separated participants receiving benefits2016-10-0133
Number of other retired or separated participants entitled to future benefits2016-10-014
Total of all active and inactive participants2016-10-0148
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-10-016
Total participants2016-10-0154
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-10-010
2015: PUTNAM COUNTY NATIONAL BANK PENSION PLAN AS A MEMBER OF THE NEW YORK STATE BANKERS RETIREMENT SYSTEM 2015 401k membership
Total participants, beginning-of-year2015-10-0157
Total number of active participants reported on line 7a of the Form 55002015-10-0115
Number of retired or separated participants receiving benefits2015-10-0129
Number of other retired or separated participants entitled to future benefits2015-10-015
Total of all active and inactive participants2015-10-0149
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-10-016
Total participants2015-10-0155
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-10-010
2014: PUTNAM COUNTY NATIONAL BANK PENSION PLAN AS A MEMBER OF THE NEW YORK STATE BANKERS RETIREMENT SYSTEM 2014 401k membership
Total participants, beginning-of-year2014-10-0159
Total number of active participants reported on line 7a of the Form 55002014-10-0117
Number of retired or separated participants receiving benefits2014-10-0128
Number of other retired or separated participants entitled to future benefits2014-10-016
Total of all active and inactive participants2014-10-0151
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-10-016
Total participants2014-10-0157
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-10-010
2013: PUTNAM COUNTY NATIONAL BANK PENSION PLAN AS A MEMBER OF THE NEW YORK STATE BANKERS RETIREMENT SYSTEM 2013 401k membership
Total participants, beginning-of-year2013-10-0161
Total number of active participants reported on line 7a of the Form 55002013-10-0119
Number of retired or separated participants receiving benefits2013-10-0126
Number of other retired or separated participants entitled to future benefits2013-10-017
Total of all active and inactive participants2013-10-0152
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-10-017
Total participants2013-10-0159
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-10-010
2012: PUTNAM COUNTY NATIONAL BANK PENSION PLAN AS A MEMBER OF THE NEW YORK STATE BANKERS RETIREMENT SYSTEM 2012 401k membership
Total participants, beginning-of-year2012-10-0160
Total number of active participants reported on line 7a of the Form 55002012-10-0119
Number of retired or separated participants receiving benefits2012-10-0126
Number of other retired or separated participants entitled to future benefits2012-10-017
Total of all active and inactive participants2012-10-0152
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-10-017
Total participants2012-10-0159
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-10-011
2011: PUTNAM COUNTY NATIONAL BANK PENSION PLAN AS A MEMBER OF THE NEW YORK STATE BANKERS RETIREMENT SYSTEM 2011 401k membership
Total participants, beginning-of-year2011-10-0161
Total number of active participants reported on line 7a of the Form 55002011-10-0123
Number of retired or separated participants receiving benefits2011-10-0124
Number of other retired or separated participants entitled to future benefits2011-10-016
Total of all active and inactive participants2011-10-0153
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-10-017
Total participants2011-10-0160
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-10-010
2010: PUTNAM COUNTY NATIONAL BANK PENSION PLAN AS A MEMBER OF THE NEW YORK STATE BANKERS RETIREMENT SYSTEM 2010 401k membership
Total participants, beginning-of-year2010-10-0161
Total number of active participants reported on line 7a of the Form 55002010-10-0126
Number of retired or separated participants receiving benefits2010-10-0122
Number of other retired or separated participants entitled to future benefits2010-10-016
Total of all active and inactive participants2010-10-0154
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2010-10-017
Total participants2010-10-0161
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2010-10-010
2009: PUTNAM COUNTY NATIONAL BANK PENSION PLAN AS A MEMBER OF THE NEW YORK STATE BANKERS RETIREMENT SYSTEM 2009 401k membership
Total participants, beginning-of-year2009-10-0161
Total number of active participants reported on line 7a of the Form 55002009-10-0129
Number of retired or separated participants receiving benefits2009-10-0121
Number of other retired or separated participants entitled to future benefits2009-10-016
Total of all active and inactive participants2009-10-0156
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-10-015
Total participants2009-10-0161
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-10-010

Financial Data on PUTNAM COUNTY NATIONAL BANK PENSION PLAN AS A MEMBER OF THE NEW YORK STATE BANKERS RETIREMENT SYSTEM

Measure Date Value
2022 : PUTNAM COUNTY NATIONAL BANK PENSION PLAN AS A MEMBER OF THE NEW YORK STATE BANKERS RETIREMENT SYSTEM 2022 401k financial data
Total income from all sources2022-09-30$-1,847,440
Expenses. Total of all expenses incurred2022-09-30$555,337
Benefits paid (including direct rollovers)2022-09-30$508,576
Total plan assets at end of year2022-09-30$5,436,296
Total plan assets at beginning of year2022-09-30$7,839,073
Value of fidelity bond covering the plan2022-09-30$2,500,000
Other income received2022-09-30$-1,847,440
Net income (gross income less expenses)2022-09-30$-2,402,777
Net plan assets at end of year (total assets less liabilities)2022-09-30$5,436,296
Net plan assets at beginning of year (total assets less liabilities)2022-09-30$7,839,073
Expenses. Administrative service providers (salaries,fees and commissions)2022-09-30$46,761
2021 : PUTNAM COUNTY NATIONAL BANK PENSION PLAN AS A MEMBER OF THE NEW YORK STATE BANKERS RETIREMENT SYSTEM 2021 401k financial data
Total income from all sources2021-09-30$834,486
Expenses. Total of all expenses incurred2021-09-30$557,622
Benefits paid (including direct rollovers)2021-09-30$508,293
Total plan assets at end of year2021-09-30$7,839,073
Total plan assets at beginning of year2021-09-30$7,562,209
Value of fidelity bond covering the plan2021-09-30$2,500,000
Other income received2021-09-30$834,486
Net income (gross income less expenses)2021-09-30$276,864
Net plan assets at end of year (total assets less liabilities)2021-09-30$7,839,073
Net plan assets at beginning of year (total assets less liabilities)2021-09-30$7,562,209
Expenses. Administrative service providers (salaries,fees and commissions)2021-09-30$49,329
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2021-09-30$0
2020 : PUTNAM COUNTY NATIONAL BANK PENSION PLAN AS A MEMBER OF THE NEW YORK STATE BANKERS RETIREMENT SYSTEM 2020 401k financial data
Total income from all sources2020-09-30$936,066
Expenses. Total of all expenses incurred2020-09-30$493,927
Benefits paid (including direct rollovers)2020-09-30$449,439
Total plan assets at end of year2020-09-30$7,562,209
Total plan assets at beginning of year2020-09-30$7,120,070
Value of fidelity bond covering the plan2020-09-30$2,500,000
Other income received2020-09-30$936,066
Net income (gross income less expenses)2020-09-30$442,139
Net plan assets at end of year (total assets less liabilities)2020-09-30$7,562,209
Net plan assets at beginning of year (total assets less liabilities)2020-09-30$7,120,070
Expenses. Administrative service providers (salaries,fees and commissions)2020-09-30$44,488
2019 : PUTNAM COUNTY NATIONAL BANK PENSION PLAN AS A MEMBER OF THE NEW YORK STATE BANKERS RETIREMENT SYSTEM 2019 401k financial data
Total income from all sources2019-09-30$740,792
Expenses. Total of all expenses incurred2019-09-30$407,038
Benefits paid (including direct rollovers)2019-09-30$371,102
Total plan assets at end of year2019-09-30$7,120,070
Total plan assets at beginning of year2019-09-30$6,786,316
Value of fidelity bond covering the plan2019-09-30$2,500,000
Other income received2019-09-30$740,792
Net income (gross income less expenses)2019-09-30$333,754
Net plan assets at end of year (total assets less liabilities)2019-09-30$7,120,070
Net plan assets at beginning of year (total assets less liabilities)2019-09-30$6,786,316
Expenses. Administrative service providers (salaries,fees and commissions)2019-09-30$35,936
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2019-09-30$0
2018 : PUTNAM COUNTY NATIONAL BANK PENSION PLAN AS A MEMBER OF THE NEW YORK STATE BANKERS RETIREMENT SYSTEM 2018 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2018-09-30$0
2017 : PUTNAM COUNTY NATIONAL BANK PENSION PLAN AS A MEMBER OF THE NEW YORK STATE BANKERS RETIREMENT SYSTEM 2017 401k financial data
Total income from all sources2017-09-30$749,342
Expenses. Total of all expenses incurred2017-09-30$441,305
Benefits paid (including direct rollovers)2017-09-30$384,476
Total plan assets at end of year2017-09-30$7,456,129
Total plan assets at beginning of year2017-09-30$7,148,092
Value of fidelity bond covering the plan2017-09-30$2,500,000
Other income received2017-09-30$749,342
Net income (gross income less expenses)2017-09-30$308,037
Net plan assets at end of year (total assets less liabilities)2017-09-30$7,456,129
Net plan assets at beginning of year (total assets less liabilities)2017-09-30$7,148,092
Expenses. Administrative service providers (salaries,fees and commissions)2017-09-30$56,829
2016 : PUTNAM COUNTY NATIONAL BANK PENSION PLAN AS A MEMBER OF THE NEW YORK STATE BANKERS RETIREMENT SYSTEM 2016 401k financial data
Total income from all sources2016-09-30$1,431,239
Expenses. Total of all expenses incurred2016-09-30$273,709
Benefits paid (including direct rollovers)2016-09-30$229,529
Total plan assets at end of year2016-09-30$7,148,092
Total plan assets at beginning of year2016-09-30$5,990,562
Value of fidelity bond covering the plan2016-09-30$2,500,000
Other income received2016-09-30$611,239
Net income (gross income less expenses)2016-09-30$1,157,530
Net plan assets at end of year (total assets less liabilities)2016-09-30$7,148,092
Net plan assets at beginning of year (total assets less liabilities)2016-09-30$5,990,562
Total contributions received or receivable from employer(s)2016-09-30$820,000
Expenses. Administrative service providers (salaries,fees and commissions)2016-09-30$44,180
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2016-09-30$0
2015 : PUTNAM COUNTY NATIONAL BANK PENSION PLAN AS A MEMBER OF THE NEW YORK STATE BANKERS RETIREMENT SYSTEM 2015 401k financial data
Total income from all sources2015-09-30$30,293
Expenses. Total of all expenses incurred2015-09-30$309,243
Benefits paid (including direct rollovers)2015-09-30$258,628
Total plan assets at end of year2015-09-30$5,990,562
Total plan assets at beginning of year2015-09-30$6,269,512
Value of fidelity bond covering the plan2015-09-30$2,500,000
Other income received2015-09-30$30,293
Net income (gross income less expenses)2015-09-30$-278,950
Net plan assets at end of year (total assets less liabilities)2015-09-30$5,990,562
Net plan assets at beginning of year (total assets less liabilities)2015-09-30$6,269,512
Expenses. Administrative service providers (salaries,fees and commissions)2015-09-30$50,615
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2015-09-30$0
2014 : PUTNAM COUNTY NATIONAL BANK PENSION PLAN AS A MEMBER OF THE NEW YORK STATE BANKERS RETIREMENT SYSTEM 2014 401k financial data
Total income from all sources2014-09-30$659,293
Expenses. Total of all expenses incurred2014-09-30$771,052
Benefits paid (including direct rollovers)2014-09-30$719,394
Total plan assets at end of year2014-09-30$6,269,512
Total plan assets at beginning of year2014-09-30$6,381,271
Value of fidelity bond covering the plan2014-09-30$2,500,000
Other income received2014-09-30$659,293
Net income (gross income less expenses)2014-09-30$-111,759
Net plan assets at end of year (total assets less liabilities)2014-09-30$6,269,512
Net plan assets at beginning of year (total assets less liabilities)2014-09-30$6,381,271
Expenses. Administrative service providers (salaries,fees and commissions)2014-09-30$51,658
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2014-09-30$0
2013 : PUTNAM COUNTY NATIONAL BANK PENSION PLAN AS A MEMBER OF THE NEW YORK STATE BANKERS RETIREMENT SYSTEM 2013 401k financial data
Total income from all sources2013-09-30$795,119
Expenses. Total of all expenses incurred2013-09-30$204,136
Benefits paid (including direct rollovers)2013-09-30$159,427
Total plan assets at end of year2013-09-30$6,381,271
Total plan assets at beginning of year2013-09-30$5,790,288
Value of fidelity bond covering the plan2013-09-30$2,500,000
Other income received2013-09-30$715,515
Net income (gross income less expenses)2013-09-30$590,983
Net plan assets at end of year (total assets less liabilities)2013-09-30$6,381,271
Net plan assets at beginning of year (total assets less liabilities)2013-09-30$5,790,288
Total contributions received or receivable from employer(s)2013-09-30$79,604
Expenses. Administrative service providers (salaries,fees and commissions)2013-09-30$44,709
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2013-09-30$0
2012 : PUTNAM COUNTY NATIONAL BANK PENSION PLAN AS A MEMBER OF THE NEW YORK STATE BANKERS RETIREMENT SYSTEM 2012 401k financial data
Total income from all sources2012-09-30$1,024,504
Expenses. Total of all expenses incurred2012-09-30$225,873
Benefits paid (including direct rollovers)2012-09-30$186,122
Total plan assets at end of year2012-09-30$5,790,288
Total plan assets at beginning of year2012-09-30$4,991,657
Value of fidelity bond covering the plan2012-09-30$2,500,000
Total contributions received or receivable from participants2012-09-30$35,615
Expenses. Other expenses not covered elsewhere2012-09-30$4,834
Other income received2012-09-30$656,461
Net income (gross income less expenses)2012-09-30$798,631
Net plan assets at end of year (total assets less liabilities)2012-09-30$5,790,288
Net plan assets at beginning of year (total assets less liabilities)2012-09-30$4,991,657
Total contributions received or receivable from employer(s)2012-09-30$332,428
Expenses. Administrative service providers (salaries,fees and commissions)2012-09-30$34,917
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2012-09-30$0
2011 : PUTNAM COUNTY NATIONAL BANK PENSION PLAN AS A MEMBER OF THE NEW YORK STATE BANKERS RETIREMENT SYSTEM 2011 401k financial data
Total income from all sources2011-09-30$346,635
Expenses. Total of all expenses incurred2011-09-30$211,449
Benefits paid (including direct rollovers)2011-09-30$172,420
Total plan assets at end of year2011-09-30$4,991,657
Total plan assets at beginning of year2011-09-30$4,856,471
Value of fidelity bond covering the plan2011-09-30$2,500,000
Total contributions received or receivable from participants2011-09-30$54,435
Expenses. Other expenses not covered elsewhere2011-09-30$39,029
Other income received2011-09-30$2,200
Net income (gross income less expenses)2011-09-30$135,186
Net plan assets at end of year (total assets less liabilities)2011-09-30$4,991,657
Net plan assets at beginning of year (total assets less liabilities)2011-09-30$4,856,471
Total contributions received or receivable from employer(s)2011-09-30$290,000
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2011-09-30$0
2010 : PUTNAM COUNTY NATIONAL BANK PENSION PLAN AS A MEMBER OF THE NEW YORK STATE BANKERS RETIREMENT SYSTEM 2010 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2010-09-30$0

Form 5500 Responses for PUTNAM COUNTY NATIONAL BANK PENSION PLAN AS A MEMBER OF THE NEW YORK STATE BANKERS RETIREMENT SYSTEM

2021: PUTNAM COUNTY NATIONAL BANK PENSION PLAN AS A MEMBER OF THE NEW YORK STATE BANKERS RETIREMENT SYSTEM 2021 form 5500 responses
2021-10-01Type of plan entitySingle employer plan
2021-10-01Submission has been amendedNo
2021-10-01This submission is the final filingNo
2021-10-01This return/report is a short plan year return/report (less than 12 months)No
2021-10-01Plan is a collectively bargained planNo
2021-10-01Plan funding arrangement – TrustYes
2021-10-01Plan benefit arrangement - TrustYes
2020: PUTNAM COUNTY NATIONAL BANK PENSION PLAN AS A MEMBER OF THE NEW YORK STATE BANKERS RETIREMENT SYSTEM 2020 form 5500 responses
2020-10-01Type of plan entitySingle employer plan
2020-10-01Submission has been amendedNo
2020-10-01This submission is the final filingNo
2020-10-01This return/report is a short plan year return/report (less than 12 months)No
2020-10-01Plan is a collectively bargained planNo
2020-10-01Plan funding arrangement – TrustYes
2020-10-01Plan benefit arrangement - TrustYes
2019: PUTNAM COUNTY NATIONAL BANK PENSION PLAN AS A MEMBER OF THE NEW YORK STATE BANKERS RETIREMENT SYSTEM 2019 form 5500 responses
2019-10-01Type of plan entitySingle employer plan
2019-10-01Submission has been amendedNo
2019-10-01This submission is the final filingNo
2019-10-01This return/report is a short plan year return/report (less than 12 months)No
2019-10-01Plan is a collectively bargained planNo
2019-10-01Plan funding arrangement – TrustYes
2019-10-01Plan benefit arrangement - TrustYes
2018: PUTNAM COUNTY NATIONAL BANK PENSION PLAN AS A MEMBER OF THE NEW YORK STATE BANKERS RETIREMENT SYSTEM 2018 form 5500 responses
2018-10-01Type of plan entitySingle employer plan
2018-10-01Submission has been amendedNo
2018-10-01This submission is the final filingNo
2018-10-01This return/report is a short plan year return/report (less than 12 months)No
2018-10-01Plan is a collectively bargained planNo
2018-10-01Plan funding arrangement – TrustYes
2018-10-01Plan benefit arrangement - TrustYes
2017: PUTNAM COUNTY NATIONAL BANK PENSION PLAN AS A MEMBER OF THE NEW YORK STATE BANKERS RETIREMENT SYSTEM 2017 form 5500 responses
2017-10-01Type of plan entitySingle employer plan
2017-10-01Submission has been amendedNo
2017-10-01This submission is the final filingNo
2017-10-01This return/report is a short plan year return/report (less than 12 months)No
2017-10-01Plan is a collectively bargained planNo
2017-10-01Plan funding arrangement – TrustYes
2017-10-01Plan benefit arrangement - TrustYes
2016: PUTNAM COUNTY NATIONAL BANK PENSION PLAN AS A MEMBER OF THE NEW YORK STATE BANKERS RETIREMENT SYSTEM 2016 form 5500 responses
2016-10-01Type of plan entitySingle employer plan
2016-10-01Submission has been amendedNo
2016-10-01This submission is the final filingNo
2016-10-01This return/report is a short plan year return/report (less than 12 months)No
2016-10-01Plan is a collectively bargained planNo
2016-10-01Plan funding arrangement – TrustYes
2016-10-01Plan benefit arrangement - TrustYes
2015: PUTNAM COUNTY NATIONAL BANK PENSION PLAN AS A MEMBER OF THE NEW YORK STATE BANKERS RETIREMENT SYSTEM 2015 form 5500 responses
2015-10-01Type of plan entitySingle employer plan
2015-10-01Submission has been amendedNo
2015-10-01This submission is the final filingNo
2015-10-01This return/report is a short plan year return/report (less than 12 months)No
2015-10-01Plan is a collectively bargained planNo
2015-10-01Plan funding arrangement – TrustYes
2015-10-01Plan benefit arrangement - TrustYes
2014: PUTNAM COUNTY NATIONAL BANK PENSION PLAN AS A MEMBER OF THE NEW YORK STATE BANKERS RETIREMENT SYSTEM 2014 form 5500 responses
2014-10-01Type of plan entitySingle employer plan
2014-10-01Submission has been amendedNo
2014-10-01This submission is the final filingNo
2014-10-01This return/report is a short plan year return/report (less than 12 months)No
2014-10-01Plan is a collectively bargained planNo
2014-10-01Plan funding arrangement – TrustYes
2014-10-01Plan benefit arrangement - TrustYes
2013: PUTNAM COUNTY NATIONAL BANK PENSION PLAN AS A MEMBER OF THE NEW YORK STATE BANKERS RETIREMENT SYSTEM 2013 form 5500 responses
2013-10-01Type of plan entitySingle employer plan
2013-10-01Submission has been amendedNo
2013-10-01This submission is the final filingNo
2013-10-01This return/report is a short plan year return/report (less than 12 months)No
2013-10-01Plan is a collectively bargained planNo
2013-10-01Plan funding arrangement – TrustYes
2013-10-01Plan benefit arrangement - TrustYes
2012: PUTNAM COUNTY NATIONAL BANK PENSION PLAN AS A MEMBER OF THE NEW YORK STATE BANKERS RETIREMENT SYSTEM 2012 form 5500 responses
2012-10-01Type of plan entitySingle employer plan
2012-10-01Submission has been amendedNo
2012-10-01This submission is the final filingNo
2012-10-01This return/report is a short plan year return/report (less than 12 months)No
2012-10-01Plan is a collectively bargained planNo
2012-10-01Plan funding arrangement – TrustYes
2012-10-01Plan benefit arrangement - TrustYes
2011: PUTNAM COUNTY NATIONAL BANK PENSION PLAN AS A MEMBER OF THE NEW YORK STATE BANKERS RETIREMENT SYSTEM 2011 form 5500 responses
2011-10-01Type of plan entitySingle employer plan
2011-10-01Submission has been amendedNo
2011-10-01This submission is the final filingNo
2011-10-01This return/report is a short plan year return/report (less than 12 months)No
2011-10-01Plan is a collectively bargained planNo
2011-10-01Plan funding arrangement – TrustYes
2011-10-01Plan benefit arrangement - TrustYes
2010: PUTNAM COUNTY NATIONAL BANK PENSION PLAN AS A MEMBER OF THE NEW YORK STATE BANKERS RETIREMENT SYSTEM 2010 form 5500 responses
2010-10-01Type of plan entitySingle employer plan
2010-10-01Submission has been amendedYes
2010-10-01This submission is the final filingNo
2010-10-01This return/report is a short plan year return/report (less than 12 months)No
2010-10-01Plan is a collectively bargained planNo
2010-10-01Plan funding arrangement – TrustYes
2010-10-01Plan benefit arrangement - TrustYes
2009: PUTNAM COUNTY NATIONAL BANK PENSION PLAN AS A MEMBER OF THE NEW YORK STATE BANKERS RETIREMENT SYSTEM 2009 form 5500 responses
2009-10-01Type of plan entitySingle employer plan
2009-10-01Submission has been amendedNo
2009-10-01This submission is the final filingNo
2009-10-01This return/report is a short plan year return/report (less than 12 months)No
2009-10-01Plan is a collectively bargained planNo
2009-10-01Plan funding arrangement – TrustYes
2009-10-01Plan benefit arrangement - TrustYes

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