401k Plan data: VANTAGE POINT BANK 401 K PROFIT SHARING PLAN TRUST plan

VANTAGE POINT BANK 401 K PROFIT SHARING PLAN TRUST 401k Plan overview

Plan Name	VANTAGE POINT BANK 401 K PROFIT SHARING PLAN TRUST
Plan identification number	001

VANTAGE POINT BANK 401 K PROFIT SHARING PLAN TRUST Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

Age/Service Weighted or new comparability or similar plan - Age/Service Weighted Plan: Allocations are based on age, service, or age and service. New comparability or similar plan: Allocations are based on participant classifications and a classification(s) consists entirely or predominantly of highly compensated employees; or the plan provides an additional allocation rate on compensation above a specified threshold, and the theshold or additional rate exceeds the maximum threshold or rate allowed under the permitted disparity rules of section 401(l).
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.
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.
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

FDIC AS RECEIVER OF VANTAGE POINT BANK has sponsored the creation of one or more 401k plans.

Company Name: FDIC AS RECEIVER OF VANTAGE POINT BANK

Employer identification number (EIN): 208523447

NAIC Classification: 812990
NAIC Description: All Other Personal Services

Form 5500 Filing Information

Submission information for form 5500 for 401k plan VANTAGE POINT BANK 401 K PROFIT SHARING PLAN TRUST

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2015-01-01 DEBRA FOSTER 2016-01-05 DEBRA FOSTER 2016-01-05
001 2014-01-01 DEBRA FOSTER DEBRA FOSTER 2015-07-07
001 2013-01-01 DEBRA FOSTER DEBRA FOSTER 2014-10-15
001 2012-01-01 VANTAGE POINT BANK 2014-09-19
001 2011-01-01 VANTAGE POINT BANK 2014-09-19

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
001	2015-01-01	DEBRA FOSTER	2016-01-05	DEBRA FOSTER	2016-01-05
001	2014-01-01	DEBRA FOSTER		DEBRA FOSTER	2015-07-07
001	2013-01-01	DEBRA FOSTER		DEBRA FOSTER	2014-10-15
001	2012-01-01	VANTAGE POINT BANK	2014-09-19
001	2011-01-01	VANTAGE POINT BANK	2014-09-19

Plan Statistics for VANTAGE POINT BANK 401 K PROFIT SHARING PLAN TRUST

401k plan membership statisitcs for VANTAGE POINT BANK 401 K PROFIT SHARING PLAN TRUST

Measure Date Value
2014: VANTAGE POINT BANK 401 K PROFIT SHARING PLAN TRUST 2014 401k membership
Total participants, beginning-of-year 2014-01-01 94
Total number of active participants reported on line 7a of the Form 5500 2014-01-01 0
Number of retired or separated participants receiving benefits 2014-01-01 0
Number of other retired or separated participants entitled to future benefits 2014-01-01 10
Total of all active and inactive participants 2014-01-01 10
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2014-01-01 0
Total participants 2014-01-01 10
Number of participants with account balances 2014-01-01 10
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2014-01-01 0
2013: VANTAGE POINT BANK 401 K PROFIT SHARING PLAN TRUST 2013 401k membership
Total participants, beginning-of-year 2013-01-01 205
Total number of active participants reported on line 7a of the Form 5500 2013-01-01 93
Number of retired or separated participants receiving benefits 2013-01-01 0
Number of other retired or separated participants entitled to future benefits 2013-01-01 11
Total of all active and inactive participants 2013-01-01 104
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2013-01-01 0
Total participants 2013-01-01 104
Number of participants with account balances 2013-01-01 24
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2013-01-01 0

Measure	Date	Value
2014: VANTAGE POINT BANK 401 K PROFIT SHARING PLAN TRUST 2014 401k membership
Total participants, beginning-of-year	2014-01-01	94
Total number of active participants reported on line 7a of the Form 5500	2014-01-01	0
Number of retired or separated participants receiving benefits	2014-01-01	0
Number of other retired or separated participants entitled to future benefits	2014-01-01	10
Total of all active and inactive participants	2014-01-01	10
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2014-01-01	0
Total participants	2014-01-01	10
Number of participants with account balances	2014-01-01	10
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2014-01-01	0
2013: VANTAGE POINT BANK 401 K PROFIT SHARING PLAN TRUST 2013 401k membership
Total participants, beginning-of-year	2013-01-01	205
Total number of active participants reported on line 7a of the Form 5500	2013-01-01	93
Number of retired or separated participants receiving benefits	2013-01-01	0
Number of other retired or separated participants entitled to future benefits	2013-01-01	11
Total of all active and inactive participants	2013-01-01	104
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2013-01-01	0
Total participants	2013-01-01	104
Number of participants with account balances	2013-01-01	24
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2013-01-01	0

Financial Data on VANTAGE POINT BANK 401 K PROFIT SHARING PLAN TRUST

Measure	Date	Value
2014 : VANTAGE POINT BANK 401 K PROFIT SHARING PLAN TRUST 2014 401k financial data
Transfers to/from the plan	2014-12-31	$0
Total plan liabilities at end of year	2014-12-31	$0
Total plan liabilities at beginning of year	2014-12-31	$0
Total income from all sources	2014-12-31	$6,190
Expenses. Total of all expenses incurred	2014-12-31	$201,561
Benefits paid (including direct rollovers)	2014-12-31	$165,817
Total plan assets at end of year	2014-12-31	$48,434
Total plan assets at beginning of year	2014-12-31	$243,805
Total contributions received or receivable from participants	2014-12-31	$1,736
Expenses. Other expenses not covered elsewhere	2014-12-31	$2,395
Contributions received from other sources (not participants or employers)	2014-12-31	$0
Other income received	2014-12-31	$4,454
Net income (gross income less expenses)	2014-12-31	$-195,371
Net plan assets at end of year (total assets less liabilities)	2014-12-31	$48,434
Net plan assets at beginning of year (total assets less liabilities)	2014-12-31	$243,805
Assets. Value of participant loans	2014-12-31	$0
Total contributions received or receivable from employer(s)	2014-12-31	$0
Value of certain deemed distributions of participant loans	2014-12-31	$0
Value of corrective distributions	2014-12-31	$33,349
2013 : VANTAGE POINT BANK 401 K PROFIT SHARING PLAN TRUST 2013 401k financial data
Total unrealized appreciation/depreciation of assets	2013-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2013-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2013-12-31	$0
Total income from all sources (including contributions)	2013-12-31	$180,583
Total loss/gain on sale of assets	2013-12-31	$0
Total of all expenses incurred	2013-12-31	$78,505
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2013-12-31	$77,723
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2013-12-31	$140,233
Value of total assets at end of year	2013-12-31	$243,805
Value of total assets at beginning of year	2013-12-31	$141,727
Total of administrative expenses incurred including professional, contract, advisory and management fees	2013-12-31	$782
Total interest from all sources	2013-12-31	$1,059
Total dividends received (eg from common stock, registered investment company shares)	2013-12-31	$9,090
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2013-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2013-12-31	$9,090
Was this plan covered by a fidelity bond	2013-12-31	No
If this is an individual account plan, was there a blackout period	2013-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2013-12-31	No
Contributions received from participants	2013-12-31	$117,488
Participant contributions at end of year	2013-12-31	$31,003
Participant contributions at beginning of year	2013-12-31	$9,113
Income. Received or receivable in cash from other sources (including rollovers)	2013-12-31	$22,745
Administrative expenses (other) incurred	2013-12-31	$782
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2013-12-31	No
Income. Non cash contributions	2013-12-31	$0
Value of net income/loss	2013-12-31	$102,078
Value of net assets at end of year (total assets less liabilities)	2013-12-31	$243,805
Value of net assets at beginning of year (total assets less liabilities)	2013-12-31	$141,727
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2013-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2013-12-31	No
Were any leases to which the plan was party in default or uncollectible	2013-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2013-12-31	$195,363
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2013-12-31	$128,216
Interest on participant loans	2013-12-31	$1,058
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2013-12-31	$17,439
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2013-12-31	$4,398
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2013-12-31	$4,398
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2013-12-31	$1
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2013-12-31	$30,201
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2013-12-31	No
Was there a failure to transmit to the plan any participant contributions	2013-12-31	No
Has the plan failed to provide any benefit when due under the plan	2013-12-31	No
Contributions received in cash from employer	2013-12-31	$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2013-12-31	$77,723
Did the plan have assets held for investment	2013-12-31	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	2013-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2013-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2013-12-31	No
Opinion of an independent qualified public accountant for this plan	2013-12-31	Unqualified
Accountancy firm name	2013-12-31	SEE STATEMENT OF REASONABLE CAUSE
Accountancy firm EIN	2013-12-31	111111111

Form 5500 Responses for VANTAGE POINT BANK 401 K PROFIT SHARING PLAN TRUST

2014: VANTAGE POINT BANK 401 K PROFIT SHARING PLAN TRUST 2014 form 5500 responses
2014-01-01	Type of plan entity	Single employer plan
2014-01-01	Submission has been amended	No
2014-01-01	This submission is the final filing	No
2014-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2014-01-01	Plan is a collectively bargained plan	No
2014-01-01	Plan funding arrangement – Trust	Yes
2014-01-01	Plan benefit arrangement - Trust	Yes
2013: VANTAGE POINT BANK 401 K PROFIT SHARING PLAN TRUST 2013 form 5500 responses
2013-01-01	Type of plan entity	Single employer plan
2013-01-01	Submission has been amended	No
2013-01-01	This submission is the final filing	No
2013-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2013-01-01	Plan is a collectively bargained plan	No
2013-01-01	Plan funding arrangement – Trust	Yes
2013-01-01	Plan benefit arrangement - Trust	Yes

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Company Name:	FDIC AS RECEIVER OF VANTAGE POINT BANK
Employer identification number (EIN):	208523447
NAIC Classification:	812990
NAIC Description:	All Other Personal Services