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THE FIRST NATIONAL BANK OF ELMER 401 (K) THRIFT PLAN 401k Plan overview

Plan NameTHE FIRST NATIONAL BANK OF ELMER 401 (K) THRIFT PLAN
Plan identification number 001

THE FIRST NATIONAL BANK OF ELMER 401 (K) THRIFT PLAN Benefits

401k Plan TypeDefined 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.
  • 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

THE FIRST NATIONAL BANK OF ELMER has sponsored the creation of one or more 401k plans.

Company Name:THE FIRST NATIONAL BANK OF ELMER
Employer identification number (EIN):210445725
NAIC Classification:522110
NAIC Description:Commercial Banking

Form 5500 Filing Information

Submission information for form 5500 for 401k plan THE FIRST NATIONAL BANK OF ELMER 401 (K) THRIFT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01
0012022-01-01
0012021-01-01
0012020-01-01
0012019-01-01
0012018-01-01
0012017-01-01
0012016-01-01
0012015-01-01
0012014-01-01DOUGLAS CARLL2015-07-31
0012013-01-01DOUGLAS CARLL2014-06-12
0012012-01-01DOUGLAS CARLL2013-07-15
0012011-01-01DOUGLAS CARLL2012-09-13
0012010-01-01DOUGLAS CARLL2011-07-06
0012009-01-01DOUGLAS CARLL DOUGLAS CARLL2010-07-26

Financial Data on THE FIRST NATIONAL BANK OF ELMER 401 (K) THRIFT PLAN

Measure Date Value
2025 : THE FIRST NATIONAL BANK OF ELMER 401 (K) THRIFT PLAN 2025 401k financial data
Total expenses incurred by plan in this plan year2025-04-021030555
Net assets as of the end of the plan year2025-04-027195298
Total assets as of the beginning of the plan year2025-04-026989484
Value of plan covered by a fidelity bond2025-04-023000000
Participant contributions to plan in this plan year2025-04-02398915
Value of participant loans at end of plan year2025-04-02110268
Other contributions to plan in this plan year2025-04-0215734
Other income to plan in this plan year2025-04-02704507
Plan net income in this plan year2025-04-02205814
Net assets as of the end of the plan year2025-04-027195298
Net assets as of the beginning of the plan year2025-04-026989484
Employer contributions to plan in this plan year2025-04-02117213
Fees paid to broker by Benefit Provider2025-04-025473
Expensese paid to adminstrative service provicers from plan in this plan year2025-04-0249042
2024 : THE FIRST NATIONAL BANK OF ELMER 401 (K) THRIFT PLAN 2024 401k financial data
Total expenses incurred by plan in this plan year2024-04-02941826
Net assets as of the end of the plan year2024-04-026989484
Total assets as of the beginning of the plan year2024-04-026528696
Value of plan covered by a fidelity bond2024-04-023000000
Participant contributions to plan in this plan year2024-04-02334045
Value of participant loans at end of plan year2024-04-0295950
Other contributions to plan in this plan year2024-04-0284215
Other income to plan in this plan year2024-04-02852972
Plan net income in this plan year2024-04-02460788
Net assets as of the end of the plan year2024-04-026989484
Net assets as of the beginning of the plan year2024-04-026528696
Employer contributions to plan in this plan year2024-04-02131382
Fees paid to broker by Benefit Provider2024-04-023985
Expensese paid to adminstrative service provicers from plan in this plan year2024-04-0246051
2009 : THE FIRST NATIONAL BANK OF ELMER 401 (K) THRIFT 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 THE FIRST NATIONAL BANK OF ELMER 401 (K) THRIFT PLAN

2009: THE FIRST NATIONAL BANK OF ELMER 401 (K) THRIFT 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

Potentially related plans

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