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BANK OF CAPE COD 401K PLAN 401k Plan overview

Plan NameBANK OF CAPE COD 401K PLAN
Plan identification number 001

BANK OF CAPE COD 401K PLAN Benefits

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

401k Sponsoring company profile

BANK OF CAPE COD has sponsored the creation of one or more 401k plans.

Company Name:BANK OF CAPE COD
Employer identification number (EIN):205353127
NAIC Classification:522110
NAIC Description:Commercial Banking

Additional information about BANK OF CAPE COD

Jurisdiction of Incorporation: Commonwealth of Massachusetts Corporations Division
Incorporation Date:
Company Identification Number: 000929502

More information about BANK OF CAPE COD

Form 5500 Filing Information

Submission information for form 5500 for 401k plan BANK OF CAPE COD 401K PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012017-01-01ROBERT BERRY
0012016-01-01ROBERT BERRY
0012015-01-01MARK LINEHAN
0012014-01-01MARK LINEHAN
0012013-01-01MARK LINEHAN2014-07-09
0012012-01-01LEEANN HESSE2013-07-09
0012011-01-01LEEANN HESSE2012-06-27
0012010-01-01LEEANN HESSE2011-06-20
0012009-01-01LEE ANN HESSE
0012009-01-01LEE ANN HESSE
0012009-01-01LEE ANN HESSE

Plan Statistics for BANK OF CAPE COD 401K PLAN

401k plan membership statisitcs for BANK OF CAPE COD 401K PLAN

Measure Date Value
2017: BANK OF CAPE COD 401K PLAN 2017 401k membership
Total participants, beginning-of-year2017-01-0117
Total number of active participants reported on line 7a of the Form 55002017-01-010
Number of retired or separated participants receiving benefits2017-01-010
Number of other retired or separated participants entitled to future benefits2017-01-010
Total of all active and inactive participants2017-01-010
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-010
Total participants2017-01-010
Number of participants with account balances2017-01-010
2016: BANK OF CAPE COD 401K PLAN 2016 401k membership
Total participants, beginning-of-year2016-01-0144
Total number of active participants reported on line 7a of the Form 55002016-01-011
Number of retired or separated participants receiving benefits2016-01-010
Number of other retired or separated participants entitled to future benefits2016-01-0116
Total of all active and inactive participants2016-01-0117
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-010
Total participants2016-01-0117
Number of participants with account balances2016-01-0116
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-010
2015: BANK OF CAPE COD 401K PLAN 2015 401k membership
Total participants, beginning-of-year2015-01-0149
Total number of active participants reported on line 7a of the Form 55002015-01-0134
Number of retired or separated participants receiving benefits2015-01-010
Number of other retired or separated participants entitled to future benefits2015-01-0110
Total of all active and inactive participants2015-01-0144
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-010
Total participants2015-01-0144
Number of participants with account balances2015-01-0143
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-010
2014: BANK OF CAPE COD 401K PLAN 2014 401k membership
Total participants, beginning-of-year2014-01-0142
Total number of active participants reported on line 7a of the Form 55002014-01-0138
Number of retired or separated participants receiving benefits2014-01-010
Number of other retired or separated participants entitled to future benefits2014-01-0110
Total of all active and inactive participants2014-01-0148
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-011
Total participants2014-01-0149
Number of participants with account balances2014-01-0147
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-010
2009: BANK OF CAPE COD 401K PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-0123
Total number of active participants reported on line 7a of the Form 55002009-01-0120
Number of retired or separated participants receiving benefits2009-01-010
Number of other retired or separated participants entitled to future benefits2009-01-012
Total of all active and inactive participants2009-01-0122
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-010
Total participants2009-01-0122
Number of participants with account balances2009-01-0118
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-012

Financial Data on BANK OF CAPE COD 401K PLAN

Measure Date Value
2017 : BANK OF CAPE COD 401K PLAN 2017 401k financial data
Transfers to/from the plan2017-01-20$0
Total plan liabilities at end of year2017-01-20$0
Total plan liabilities at beginning of year2017-01-20$0
Total income from all sources2017-01-20$21,637
Expenses. Total of all expenses incurred2017-01-20$1,492,639
Benefits paid (including direct rollovers)2017-01-20$1,492,258
Total plan assets at end of year2017-01-20$0
Total plan assets at beginning of year2017-01-20$1,471,002
Value of fidelity bond covering the plan2017-01-20$3,000,000
Total contributions received or receivable from participants2017-01-20$0
Expenses. Other expenses not covered elsewhere2017-01-20$0
Contributions received from other sources (not participants or employers)2017-01-20$0
Other income received2017-01-20$21,637
Noncash contributions received2017-01-20$0
Net income (gross income less expenses)2017-01-20$-1,471,002
Net plan assets at end of year (total assets less liabilities)2017-01-20$0
Net plan assets at beginning of year (total assets less liabilities)2017-01-20$1,471,002
Total contributions received or receivable from employer(s)2017-01-20$0
Value of certain deemed distributions of participant loans2017-01-20$0
Value of corrective distributions2017-01-20$0
Expenses. Administrative service providers (salaries,fees and commissions)2017-01-20$381
2016 : BANK OF CAPE COD 401K PLAN 2016 401k financial data
Transfers to/from the plan2016-12-31$0
Total plan liabilities at end of year2016-12-31$0
Total plan liabilities at beginning of year2016-12-31$0
Total income from all sources2016-12-31$531,233
Expenses. Total of all expenses incurred2016-12-31$1,543,916
Benefits paid (including direct rollovers)2016-12-31$1,537,721
Total plan assets at end of year2016-12-31$1,471,002
Total plan assets at beginning of year2016-12-31$2,483,685
Value of fidelity bond covering the plan2016-12-31$3,000,000
Total contributions received or receivable from participants2016-12-31$247,780
Expenses. Other expenses not covered elsewhere2016-12-31$0
Contributions received from other sources (not participants or employers)2016-12-31$0
Other income received2016-12-31$166,631
Noncash contributions received2016-12-31$0
Net income (gross income less expenses)2016-12-31$-1,012,683
Net plan assets at end of year (total assets less liabilities)2016-12-31$1,471,002
Net plan assets at beginning of year (total assets less liabilities)2016-12-31$2,483,685
Assets. Value of participant loans2016-12-31$0
Total contributions received or receivable from employer(s)2016-12-31$116,822
Value of certain deemed distributions of participant loans2016-12-31$0
Value of corrective distributions2016-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2016-12-31$6,195
2015 : BANK OF CAPE COD 401K PLAN 2015 401k financial data
Transfers to/from the plan2015-12-31$0
Total plan liabilities at end of year2015-12-31$0
Total plan liabilities at beginning of year2015-12-31$0
Total income from all sources2015-12-31$308,491
Expenses. Total of all expenses incurred2015-12-31$175,767
Benefits paid (including direct rollovers)2015-12-31$169,497
Total plan assets at end of year2015-12-31$2,483,685
Total plan assets at beginning of year2015-12-31$2,350,961
Value of fidelity bond covering the plan2015-12-31$3,000,000
Total contributions received or receivable from participants2015-12-31$212,148
Expenses. Other expenses not covered elsewhere2015-12-31$0
Contributions received from other sources (not participants or employers)2015-12-31$0
Other income received2015-12-31$-20,082
Noncash contributions received2015-12-31$0
Net income (gross income less expenses)2015-12-31$132,724
Net plan assets at end of year (total assets less liabilities)2015-12-31$2,483,685
Net plan assets at beginning of year (total assets less liabilities)2015-12-31$2,350,961
Assets. Value of participant loans2015-12-31$8,272
Total contributions received or receivable from employer(s)2015-12-31$116,425
Value of certain deemed distributions of participant loans2015-12-31$0
Value of corrective distributions2015-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2015-12-31$6,270
2014 : BANK OF CAPE COD 401K PLAN 2014 401k financial data
Transfers to/from the plan2014-12-31$0
Total plan liabilities at end of year2014-12-31$0
Total plan liabilities at beginning of year2014-12-31$0
Total income from all sources2014-12-31$563,685
Expenses. Total of all expenses incurred2014-12-31$144,945
Benefits paid (including direct rollovers)2014-12-31$143,797
Total plan assets at end of year2014-12-31$2,350,961
Total plan assets at beginning of year2014-12-31$1,932,221
Value of fidelity bond covering the plan2014-12-31$3,000,000
Total contributions received or receivable from participants2014-12-31$194,839
Expenses. Other expenses not covered elsewhere2014-12-31$0
Contributions received from other sources (not participants or employers)2014-12-31$42,335
Other income received2014-12-31$198,648
Noncash contributions received2014-12-31$0
Net income (gross income less expenses)2014-12-31$418,740
Net plan assets at end of year (total assets less liabilities)2014-12-31$2,350,961
Net plan assets at beginning of year (total assets less liabilities)2014-12-31$1,932,221
Assets. Value of participant loans2014-12-31$8,313
Value of participant contributions where there was a failure to transmit these to the plan within the time period described in 29 CFR 2510.3-1022014-12-31$0
Total contributions received or receivable from employer(s)2014-12-31$127,863
Value of certain deemed distributions of participant loans2014-12-31$0
Value of corrective distributions2014-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2014-12-31$1,148
2009 : BANK OF CAPE COD 401K PLAN 2009 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2009-12-31$0

Form 5500 Responses for BANK OF CAPE COD 401K PLAN

2017: BANK OF CAPE COD 401K PLAN 2017 form 5500 responses
2017-01-01Type of plan entitySingle employer plan
2017-01-01Submission has been amendedNo
2017-01-01This submission is the final filingYes
2017-01-01This return/report is a short plan year return/report (less than 12 months)Yes
2017-01-01Plan is a collectively bargained planNo
2017-01-01Plan funding arrangement – TrustYes
2017-01-01Plan benefit arrangement - TrustYes
2016: BANK OF CAPE COD 401K PLAN 2016 form 5500 responses
2016-01-01Type of plan entitySingle employer plan
2016-01-01Submission has been amendedNo
2016-01-01This submission is the final filingNo
2016-01-01This return/report is a short plan year return/report (less than 12 months)No
2016-01-01Plan is a collectively bargained planNo
2016-01-01Plan funding arrangement – TrustYes
2016-01-01Plan benefit arrangement - TrustYes
2015: BANK OF CAPE COD 401K PLAN 2015 form 5500 responses
2015-01-01Type of plan entitySingle employer plan
2015-01-01Submission has been amendedNo
2015-01-01This submission is the final filingNo
2015-01-01This return/report is a short plan year return/report (less than 12 months)No
2015-01-01Plan is a collectively bargained planNo
2015-01-01Plan funding arrangement – TrustYes
2015-01-01Plan benefit arrangement - TrustYes
2014: BANK OF CAPE COD 401K PLAN 2014 form 5500 responses
2014-01-01Type of plan entitySingle employer plan
2014-01-01Submission has been amendedNo
2014-01-01This submission is the final filingNo
2014-01-01This return/report is a short plan year return/report (less than 12 months)No
2014-01-01Plan is a collectively bargained planNo
2014-01-01Plan funding arrangement – TrustYes
2014-01-01Plan benefit arrangement - TrustYes
2009: BANK OF CAPE COD 401K PLAN 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Submission has been amendedNo
2009-01-01This submission is the final filingNo
2009-01-01This return/report is a short plan year return/report (less than 12 months)No
2009-01-01Plan is a collectively bargained planNo
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement - TrustYes

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