BANK OF CHOICE HOLDING COMPANY has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan BANK OF CHOICE HOLDING COMPANY PS/401(K)
| Measure | Date | Value |
|---|
| 2012 : BANK OF CHOICE HOLDING COMPANY PS/401(K) 2012 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2012-12-31 | $160,175 |
| Total unrealized appreciation/depreciation of assets | 2012-12-31 | $160,175 |
| Total income from all sources (including contributions) | 2012-12-31 | $160,175 |
| Total of all expenses incurred | 2012-12-31 | $2,740,663 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2012-12-31 | $2,740,663 |
| Value of total assets at beginning of year | 2012-12-31 | $2,580,488 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2012-12-31 | Yes |
| Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan | 2012-12-31 | $0 |
| Was this plan covered by a fidelity bond | 2012-12-31 | No |
| If this is an individual account plan, was there a blackout period | 2012-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2012-12-31 | No |
| Participant contributions at beginning of year | 2012-12-31 | $23,632 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2012-12-31 | No |
| Value of net income/loss | 2012-12-31 | $-2,580,488 |
| Value of net assets at beginning of year (total assets less liabilities) | 2012-12-31 | $2,580,488 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2012-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2012-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2012-12-31 | No |
| Value of interest in common/collective trusts at beginning of year | 2012-12-31 | $1,963,920 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2012-12-31 | $592,936 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2012-12-31 | $592,936 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2012-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2012-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2012-12-31 | No |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2012-12-31 | $2,740,663 |
| Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2012-12-31 | No |
| Did the plan have assets held for investment | 2012-12-31 | No |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2012-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2012-12-31 | Yes |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2012-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2012-12-31 | Unqualified |
| Accountancy firm name | 2012-12-31 | JOHN HANCOCK |
| Accountancy firm EIN | 2012-12-31 | 010233346 |
| 2011 : BANK OF CHOICE HOLDING COMPANY PS/401(K) 2011 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2011-12-31 | $-216,423 |
| Total unrealized appreciation/depreciation of assets | 2011-12-31 | $-216,423 |
| Total transfer of assets to this plan | 2011-12-31 | $4,722 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2011-12-31 | $5,819 |
| Total income from all sources (including contributions) | 2011-12-31 | $101,642 |
| Total of all expenses incurred | 2011-12-31 | $384,956 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2011-12-31 | $383,352 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2011-12-31 | $173,369 |
| Value of total assets at end of year | 2011-12-31 | $2,580,488 |
| Value of total assets at beginning of year | 2011-12-31 | $2,864,899 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2011-12-31 | $1,604 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2011-12-31 | Yes |
| Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan | 2011-12-31 | $0 |
| Was this plan covered by a fidelity bond | 2011-12-31 | Yes |
| Value of fidelity bond cover | 2011-12-31 | $5,000,000 |
| If this is an individual account plan, was there a blackout period | 2011-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2011-12-31 | No |
| Contributions received from participants | 2011-12-31 | $173,369 |
| Participant contributions at end of year | 2011-12-31 | $23,632 |
| Participant contributions at beginning of year | 2011-12-31 | $34,117 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2011-12-31 | No |
| Value of net income/loss | 2011-12-31 | $-283,314 |
| Value of net assets at end of year (total assets less liabilities) | 2011-12-31 | $2,580,488 |
| Value of net assets at beginning of year (total assets less liabilities) | 2011-12-31 | $2,859,080 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2011-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2011-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2011-12-31 | No |
| Value of interest in pooled separate accounts at end of year | 2011-12-31 | $1,963,920 |
| Value of interest in pooled separate accounts at beginning of year | 2011-12-31 | $2,047,165 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2011-12-31 | $592,936 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2011-12-31 | $783,617 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2011-12-31 | $783,617 |
| Net investment gain/loss from pooled separate accounts | 2011-12-31 | $144,696 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2011-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2011-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2011-12-31 | No |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2011-12-31 | $383,352 |
| Contract administrator fees | 2011-12-31 | $1,604 |
| Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2011-12-31 | No |
| Liabilities. Value of benefit claims payable at beginning of year | 2011-12-31 | $5,819 |
| Did the plan have assets held for investment | 2011-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2011-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2011-12-31 | No |
| 2010 : BANK OF CHOICE HOLDING COMPANY PS/401(K) 2010 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2010-12-31 | $-207,382 |
| Total unrealized appreciation/depreciation of assets | 2010-12-31 | $-207,382 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2010-12-31 | $5,819 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2010-12-31 | $16,005 |
| Total income from all sources (including contributions) | 2010-12-31 | $514,019 |
| Total of all expenses incurred | 2010-12-31 | $610,570 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2010-12-31 | $608,831 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2010-12-31 | $419,082 |
| Value of total assets at end of year | 2010-12-31 | $2,864,899 |
| Value of total assets at beginning of year | 2010-12-31 | $2,986,680 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2010-12-31 | $1,739 |
| Total interest from all sources | 2010-12-31 | $2,220 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2010-12-31 | No |
| Was this plan covered by a fidelity bond | 2010-12-31 | Yes |
| Value of fidelity bond cover | 2010-12-31 | $5,000,000 |
| If this is an individual account plan, was there a blackout period | 2010-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2010-12-31 | No |
| Contributions received from participants | 2010-12-31 | $418,650 |
| Participant contributions at end of year | 2010-12-31 | $34,117 |
| Participant contributions at beginning of year | 2010-12-31 | $54,868 |
| Participant contributions at beginning of year | 2010-12-31 | $36,814 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2010-12-31 | $432 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2010-12-31 | No |
| Value of net income/loss | 2010-12-31 | $-96,551 |
| Value of net assets at end of year (total assets less liabilities) | 2010-12-31 | $2,859,080 |
| Value of net assets at beginning of year (total assets less liabilities) | 2010-12-31 | $2,970,675 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2010-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2010-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2010-12-31 | No |
| Value of interest in pooled separate accounts at end of year | 2010-12-31 | $2,047,165 |
| Value of interest in pooled separate accounts at beginning of year | 2010-12-31 | $1,760,971 |
| Interest on participant loans | 2010-12-31 | $2,220 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2010-12-31 | $783,617 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2010-12-31 | $926,645 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2010-12-31 | $926,645 |
| Net investment gain/loss from pooled separate accounts | 2010-12-31 | $300,099 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2010-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2010-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2010-12-31 | No |
| Assets. Invements in employer securities at end of year | 2010-12-31 | $0 |
| Assets. Invements in employer securities at beginning of year | 2010-12-31 | $207,382 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2010-12-31 | $608,831 |
| Contract administrator fees | 2010-12-31 | $1,739 |
| Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2010-12-31 | No |
| Liabilities. Value of benefit claims payable at end of year | 2010-12-31 | $5,819 |
| Liabilities. Value of benefit claims payable at beginning of year | 2010-12-31 | $16,005 |
| Did the plan have assets held for investment | 2010-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2010-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2010-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2010-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2010-12-31 | Disclaimer |
| Accountancy firm name | 2010-12-31 | FORTNER, BAYENS, LEVKULICH & GARRIS |
| Accountancy firm EIN | 2010-12-31 | 840741890 |
