FIRST NATIONAL BANCORP, INC. has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan FIRST NATIONAL BANK OF MICHIGAN 401K PLAN
| Measure | Date | Value |
|---|
| 2024 : FIRST NATIONAL BANK OF MICHIGAN 401K PLAN 2024 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2024-01-01 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2024-01-01 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2024-01-01 | $0 |
| Total income from all sources (including contributions) | 2024-01-01 | $2,110,592 |
| Total loss/gain on sale of assets | 2024-01-01 | $0 |
| Total of all expenses incurred | 2024-01-01 | $1,559,897 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2024-01-01 | $1,519,718 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2024-01-01 | $1,015,790 |
| Value of total assets at end of year | 2024-01-01 | $9,581,939 |
| Value of total assets at beginning of year | 2024-01-01 | $9,031,244 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2024-01-01 | $40,179 |
| Total interest from all sources | 2024-01-01 | $21,317 |
| Total dividends received (eg from common stock, registered investment company shares) | 2024-01-01 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2024-01-01 | No |
| Was this plan covered by a fidelity bond | 2024-01-01 | Yes |
| Value of fidelity bond cover | 2024-01-01 | $5,500,000 |
| If this is an individual account plan, was there a blackout period | 2024-01-01 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2024-01-01 | No |
| Contributions received from participants | 2024-01-01 | $683,209 |
| Assets. Other investments not covered elsewhere at end of year | 2024-01-01 | $653,503 |
| Assets. Other investments not covered elsewhere at beginning of year | 2024-01-01 | $548,038 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2024-01-01 | $24,754 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2024-01-01 | $5,449 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2024-01-01 | $5,001 |
| Other income not declared elsewhere | 2024-01-01 | $52,741 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2024-01-01 | No |
| Value of net income/loss | 2024-01-01 | $550,695 |
| Value of net assets at end of year (total assets less liabilities) | 2024-01-01 | $9,581,939 |
| Value of net assets at beginning of year (total assets less liabilities) | 2024-01-01 | $9,031,244 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2024-01-01 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2024-01-01 | No |
| Were any leases to which the plan was party in default or uncollectible | 2024-01-01 | No |
| Investment advisory and management fees | 2024-01-01 | $38,049 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2024-01-01 | $8,635,287 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2024-01-01 | $8,027,140 |
| Value of interest in pooled separate accounts at end of year | 2024-01-01 | $0 |
| Value of interest in pooled separate accounts at beginning of year | 2024-01-01 | $264,102 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2024-01-01 | $287,700 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2024-01-01 | $21,317 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2024-01-01 | $1,020,744 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2024-01-01 | No |
| Was there a failure to transmit to the plan any participant contributions | 2024-01-01 | No |
| Has the plan failed to provide any benefit when due under the plan | 2024-01-01 | No |
| Contributions received in cash from employer | 2024-01-01 | $307,827 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2024-01-01 | $1,519,718 |
| Did the plan have assets held for investment | 2024-01-01 | 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 | 2024-01-01 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2024-01-01 | No |
| Opinion of an independent qualified public accountant for this plan | 2024-01-01 | 1 |
| Accountancy firm name | 2024-01-01 | SEBER TANS, LLC |
| Accountancy firm EIN | 2024-01-01 | 200503877 |
| 2023 : FIRST NATIONAL BANK OF MICHIGAN 401K PLAN 2023 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2023-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-12-31 | $0 |
| Total income from all sources (including contributions) | 2023-12-31 | $2,926,180 |
| Total loss/gain on sale of assets | 2023-12-31 | $0 |
| Total of all expenses incurred | 2023-12-31 | $917,563 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2023-12-31 | $866,110 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2023-12-31 | $1,658,898 |
| Value of total assets at end of year | 2023-12-31 | $9,031,244 |
| Value of total assets at beginning of year | 2023-12-31 | $7,022,627 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2023-12-31 | $51,453 |
| Total interest from all sources | 2023-12-31 | $6,674 |
| Total dividends received (eg from common stock, registered investment company shares) | 2023-12-31 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2023-12-31 | No |
| Was this plan covered by a fidelity bond | 2023-12-31 | Yes |
| Value of fidelity bond cover | 2023-12-31 | $5,500,000 |
| If this is an individual account plan, was there a blackout period | 2023-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2023-12-31 | No |
| Contributions received from participants | 2023-12-31 | $730,737 |
| Assets. Other investments not covered elsewhere at end of year | 2023-12-31 | $548,038 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2023-12-31 | $596,028 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2023-12-31 | $5,001 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-12-31 | No |
| Value of net income/loss | 2023-12-31 | $2,008,617 |
| Value of net assets at end of year (total assets less liabilities) | 2023-12-31 | $9,031,244 |
| Value of net assets at beginning of year (total assets less liabilities) | 2023-12-31 | $7,022,627 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2023-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2023-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2023-12-31 | No |
| Investment advisory and management fees | 2023-12-31 | $18,305 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2023-12-31 | $8,027,140 |
| Value of interest in pooled separate accounts at end of year | 2023-12-31 | $264,102 |
| Value of interest in pooled separate accounts at beginning of year | 2023-12-31 | $7,022,627 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2023-12-31 | $186,963 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2023-12-31 | $6,674 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2023-12-31 | $776,355 |
| Net investment gain/loss from pooled separate accounts | 2023-12-31 | $484,253 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2023-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2023-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2023-12-31 | No |
| Contributions received in cash from employer | 2023-12-31 | $332,133 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2023-12-31 | $866,110 |
| Contract administrator fees | 2023-12-31 | $19,188 |
| Did the plan have assets held for investment | 2023-12-31 | 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 | 2023-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2023-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2023-12-31 | Unqualified |
| Accountancy firm name | 2023-12-31 | SEBER TANS LLC |
| Accountancy firm EIN | 2023-12-31 | 200503877 |
| Total unrealized appreciation/depreciation of assets | 2023-01-01 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-01-01 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-01-01 | $0 |
| Total income from all sources (including contributions) | 2023-01-01 | $2,926,180 |
| Total loss/gain on sale of assets | 2023-01-01 | $0 |
| Total of all expenses incurred | 2023-01-01 | $917,563 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2023-01-01 | $866,110 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2023-01-01 | $1,658,898 |
| Value of total assets at end of year | 2023-01-01 | $9,031,244 |
| Value of total assets at beginning of year | 2023-01-01 | $7,022,627 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2023-01-01 | $51,453 |
| Total interest from all sources | 2023-01-01 | $6,674 |
| Total dividends received (eg from common stock, registered investment company shares) | 2023-01-01 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2023-01-01 | No |
| Was this plan covered by a fidelity bond | 2023-01-01 | Yes |
| Value of fidelity bond cover | 2023-01-01 | $5,500,000 |
| If this is an individual account plan, was there a blackout period | 2023-01-01 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2023-01-01 | No |
| Contributions received from participants | 2023-01-01 | $730,737 |
| Assets. Other investments not covered elsewhere at end of year | 2023-01-01 | $548,038 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2023-01-01 | $596,028 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2023-01-01 | $5,001 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-01-01 | No |
| Value of net income/loss | 2023-01-01 | $2,008,617 |
| Value of net assets at end of year (total assets less liabilities) | 2023-01-01 | $9,031,244 |
| Value of net assets at beginning of year (total assets less liabilities) | 2023-01-01 | $7,022,627 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2023-01-01 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2023-01-01 | No |
| Were any leases to which the plan was party in default or uncollectible | 2023-01-01 | No |
| Investment advisory and management fees | 2023-01-01 | $18,305 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2023-01-01 | $8,027,140 |
| Value of interest in pooled separate accounts at end of year | 2023-01-01 | $264,102 |
| Value of interest in pooled separate accounts at beginning of year | 2023-01-01 | $7,022,627 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2023-01-01 | $186,963 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2023-01-01 | $6,674 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2023-01-01 | $776,355 |
| Net investment gain/loss from pooled separate accounts | 2023-01-01 | $484,253 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2023-01-01 | No |
| Was there a failure to transmit to the plan any participant contributions | 2023-01-01 | No |
| Has the plan failed to provide any benefit when due under the plan | 2023-01-01 | No |
| Contributions received in cash from employer | 2023-01-01 | $332,133 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2023-01-01 | $866,110 |
| Contract administrator fees | 2023-01-01 | $19,188 |
| Did the plan have assets held for investment | 2023-01-01 | 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 | 2023-01-01 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2023-01-01 | No |
| Opinion of an independent qualified public accountant for this plan | 2023-01-01 | 1 |
| Accountancy firm name | 2023-01-01 | SEBER TANS LLC |
| Accountancy firm EIN | 2023-01-01 | 200503877 |
| 2022 : FIRST NATIONAL BANK OF MICHIGAN 401K PLAN 2022 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2022-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $0 |
| Total income from all sources (including contributions) | 2022-12-31 | $-50,975 |
| Total loss/gain on sale of assets | 2022-12-31 | $0 |
| Total of all expenses incurred | 2022-12-31 | $286,888 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $233,894 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $1,243,637 |
| Value of total assets at end of year | 2022-12-31 | $7,022,627 |
| Value of total assets at beginning of year | 2022-12-31 | $7,360,490 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $52,994 |
| Total interest from all sources | 2022-12-31 | $0 |
| Total dividends received (eg from common stock, registered investment company shares) | 2022-12-31 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-12-31 | No |
| Was this plan covered by a fidelity bond | 2022-12-31 | Yes |
| Value of fidelity bond cover | 2022-12-31 | $5,500,000 |
| If this is an individual account plan, was there a blackout period | 2022-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2022-12-31 | No |
| Contributions received from participants | 2022-12-31 | $714,820 |
| Participant contributions at end of year | 2022-12-31 | $0 |
| Participant contributions at beginning of year | 2022-12-31 | $34 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2022-12-31 | $207,163 |
| Administrative expenses (other) incurred | 2022-12-31 | $2,320 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-12-31 | No |
| Value of net income/loss | 2022-12-31 | $-337,863 |
| Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $7,022,627 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $7,360,490 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2022-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2022-12-31 | No |
| Investment advisory and management fees | 2022-12-31 | $28,767 |
| Value of interest in pooled separate accounts at end of year | 2022-12-31 | $7,022,627 |
| Value of interest in pooled separate accounts at beginning of year | 2022-12-31 | $7,360,434 |
| Net investment gain/loss from pooled separate accounts | 2022-12-31 | $-1,294,612 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2022-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2022-12-31 | No |
| Contributions received in cash from employer | 2022-12-31 | $321,654 |
| Employer contributions (assets) at end of year | 2022-12-31 | $0 |
| Employer contributions (assets) at beginning of year | 2022-12-31 | $22 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $233,894 |
| Contract administrator fees | 2022-12-31 | $21,907 |
| Did the plan have assets held for investment | 2022-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2022-12-31 | Unqualified |
| Accountancy firm name | 2022-12-31 | SEBER TANS LLC |
| Accountancy firm EIN | 2022-12-31 | 200503877 |
| Total unrealized appreciation/depreciation of assets | 2022-01-01 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-01-01 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-01-01 | $0 |
| Total income from all sources (including contributions) | 2022-01-01 | $-50,975 |
| Total loss/gain on sale of assets | 2022-01-01 | $0 |
| Total of all expenses incurred | 2022-01-01 | $286,888 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-01-01 | $233,894 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-01-01 | $1,243,637 |
| Value of total assets at end of year | 2022-01-01 | $7,022,627 |
| Value of total assets at beginning of year | 2022-01-01 | $7,360,490 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-01-01 | $52,994 |
| Total interest from all sources | 2022-01-01 | $0 |
| Total dividends received (eg from common stock, registered investment company shares) | 2022-01-01 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-01-01 | No |
| Was this plan covered by a fidelity bond | 2022-01-01 | Yes |
| Value of fidelity bond cover | 2022-01-01 | $5,500,000 |
| If this is an individual account plan, was there a blackout period | 2022-01-01 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2022-01-01 | No |
| Contributions received from participants | 2022-01-01 | $714,820 |
| Participant contributions at end of year | 2022-01-01 | $0 |
| Participant contributions at beginning of year | 2022-01-01 | $34 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2022-01-01 | $207,163 |
| Administrative expenses (other) incurred | 2022-01-01 | $2,320 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-01-01 | No |
| Value of net income/loss | 2022-01-01 | $-337,863 |
| Value of net assets at end of year (total assets less liabilities) | 2022-01-01 | $7,022,627 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-01-01 | $7,360,490 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-01-01 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2022-01-01 | No |
| Were any leases to which the plan was party in default or uncollectible | 2022-01-01 | No |
| Investment advisory and management fees | 2022-01-01 | $28,767 |
| Value of interest in pooled separate accounts at end of year | 2022-01-01 | $7,022,627 |
| Value of interest in pooled separate accounts at beginning of year | 2022-01-01 | $7,360,434 |
| Net investment gain/loss from pooled separate accounts | 2022-01-01 | $-1,294,612 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-01-01 | No |
| Was there a failure to transmit to the plan any participant contributions | 2022-01-01 | No |
| Has the plan failed to provide any benefit when due under the plan | 2022-01-01 | No |
| Contributions received in cash from employer | 2022-01-01 | $321,654 |
| Employer contributions (assets) at end of year | 2022-01-01 | $0 |
| Employer contributions (assets) at beginning of year | 2022-01-01 | $22 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-01-01 | $233,894 |
| Contract administrator fees | 2022-01-01 | $21,907 |
| Did the plan have assets held for investment | 2022-01-01 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-01-01 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-01-01 | No |
| Opinion of an independent qualified public accountant for this plan | 2022-01-01 | 1 |
| Accountancy firm name | 2022-01-01 | SEBER TANS LLC |
| Accountancy firm EIN | 2022-01-01 | 200503877 |
