401k Plan data: CENTRAL JERSEY BANK, NA EMPLOYEES' SAVINGS & PROFIT SHARING PLAN AND TRUST plan

CENTRAL JERSEY BANK, NA EMPLOYEES' SAVINGS & PROFIT SHARING PLAN AND TRUST 401k Plan overview

Plan Name	CENTRAL JERSEY BANK, NA EMPLOYEES' SAVINGS & PROFIT SHARING PLAN AND TRUST
Plan identification number	001

CENTRAL JERSEY BANK, NA EMPLOYEES' SAVINGS & PROFIT SHARING PLAN AND TRUST Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

Profit-sharing
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.
Participant-directed brokerage accounts provided as an investment option under the plan.
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

CENTRAL JERSEY BANK, NA has sponsored the creation of one or more 401k plans.

Company Name: CENTRAL JERSEY BANK, NA

Employer identification number (EIN): 223531059

NAIC Classification: 522110
NAIC Description: Commercial Banking

Form 5500 Filing Information

Submission information for form 5500 for 401k plan CENTRAL JERSEY BANK, NA EMPLOYEES' SAVINGS & PROFIT SHARING PLAN AND TRUST

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2011-01-01 ALBERT GOSSWEILER
001 2010-01-01 AL GOSSWEILER AL GOSSWEILER 2011-08-10
001 2009-01-01 GAIL CORRIGAN GAIL CORRIGAN 2010-08-24

Plan id#	Filing Submission Date	Name of Administrator	Name of Company Sponsor	Date Sponsor Signed
001	2011-01-01	ALBERT GOSSWEILER
001	2010-01-01	AL GOSSWEILER	AL GOSSWEILER	2011-08-10
001	2009-01-01	GAIL CORRIGAN	GAIL CORRIGAN	2010-08-24

Plan Statistics for CENTRAL JERSEY BANK, NA EMPLOYEES' SAVINGS & PROFIT SHARING PLAN AND TRUST

401k plan membership statisitcs for CENTRAL JERSEY BANK, NA EMPLOYEES' SAVINGS & PROFIT SHARING PLAN AND TRUST

Measure Date Value
2011: CENTRAL JERSEY BANK, NA EMPLOYEES' SAVINGS & PROFIT SHARING PLAN AND TRUST 2011 401k membership
Total participants, beginning-of-year 2011-01-01 170
Total number of active participants reported on line 7a of the Form 5500 2011-01-01 0
Number of retired or separated participants receiving benefits 2011-01-01 0
Number of other retired or separated participants entitled to future benefits 2011-01-01 0
Total of all active and inactive participants 2011-01-01 0
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2011-01-01 0
Total participants 2011-01-01 0
Number of participants with account balances 2011-01-01 0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2011-01-01 0
2010: CENTRAL JERSEY BANK, NA EMPLOYEES' SAVINGS & PROFIT SHARING PLAN AND TRUST 2010 401k membership
Total participants, beginning-of-year 2010-01-01 173
Total number of active participants reported on line 7a of the Form 5500 2010-01-01 137
Number of retired or separated participants receiving benefits 2010-01-01 0
Number of other retired or separated participants entitled to future benefits 2010-01-01 33
Total of all active and inactive participants 2010-01-01 170
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2010-01-01 0
Total participants 2010-01-01 170
Number of participants with account balances 2010-01-01 108
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2010-01-01 0
2009: CENTRAL JERSEY BANK, NA EMPLOYEES' SAVINGS & PROFIT SHARING PLAN AND TRUST 2009 401k membership
Total participants, beginning-of-year 2009-01-01 182
Total number of active participants reported on line 7a of the Form 5500 2009-01-01 137
Number of retired or separated participants receiving benefits 2009-01-01 0
Number of other retired or separated participants entitled to future benefits 2009-01-01 35
Total of all active and inactive participants 2009-01-01 172
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2009-01-01 0
Total participants 2009-01-01 172
Number of participants with account balances 2009-01-01 114
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2009-01-01 0

Measure	Date	Value
2011: CENTRAL JERSEY BANK, NA EMPLOYEES' SAVINGS & PROFIT SHARING PLAN AND TRUST 2011 401k membership
Total participants, beginning-of-year	2011-01-01	170
Total number of active participants reported on line 7a of the Form 5500	2011-01-01	0
Number of retired or separated participants receiving benefits	2011-01-01	0
Number of other retired or separated participants entitled to future benefits	2011-01-01	0
Total of all active and inactive participants	2011-01-01	0
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2011-01-01	0
Total participants	2011-01-01	0
Number of participants with account balances	2011-01-01	0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2011-01-01	0
2010: CENTRAL JERSEY BANK, NA EMPLOYEES' SAVINGS & PROFIT SHARING PLAN AND TRUST 2010 401k membership
Total participants, beginning-of-year	2010-01-01	173
Total number of active participants reported on line 7a of the Form 5500	2010-01-01	137
Number of retired or separated participants receiving benefits	2010-01-01	0
Number of other retired or separated participants entitled to future benefits	2010-01-01	33
Total of all active and inactive participants	2010-01-01	170
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2010-01-01	0
Total participants	2010-01-01	170
Number of participants with account balances	2010-01-01	108
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2010-01-01	0
2009: CENTRAL JERSEY BANK, NA EMPLOYEES' SAVINGS & PROFIT SHARING PLAN AND TRUST 2009 401k membership
Total participants, beginning-of-year	2009-01-01	182
Total number of active participants reported on line 7a of the Form 5500	2009-01-01	137
Number of retired or separated participants receiving benefits	2009-01-01	0
Number of other retired or separated participants entitled to future benefits	2009-01-01	35
Total of all active and inactive participants	2009-01-01	172
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2009-01-01	0
Total participants	2009-01-01	172
Number of participants with account balances	2009-01-01	114
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2009-01-01	0

Financial Data on CENTRAL JERSEY BANK, NA EMPLOYEES' SAVINGS & PROFIT SHARING PLAN AND TRUST

Measure	Date	Value
2011 : CENTRAL JERSEY BANK, NA EMPLOYEES' SAVINGS & PROFIT SHARING PLAN AND TRUST 2011 401k financial data
Total unrealized appreciation/depreciation of assets	2011-12-30	$0
Total transfer of assets from this plan	2011-12-30	$3,146,234
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2011-12-30	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2011-12-30	$0
Total income from all sources (including contributions)	2011-12-30	$60,124
Total loss/gain on sale of assets	2011-12-30	$0
Total of all expenses incurred	2011-12-30	$70,788
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2011-12-30	$66,036
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2011-12-30	$0
Value of total assets at end of year	2011-12-30	$0
Value of total assets at beginning of year	2011-12-30	$3,156,898
Total of administrative expenses incurred including professional, contract, advisory and management fees	2011-12-30	$4,752
Total interest from all sources	2011-12-30	$101
Total dividends received (eg from common stock, registered investment company shares)	2011-12-30	$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2011-12-30	Yes
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan	2011-12-30	$0
Was this plan covered by a fidelity bond	2011-12-30	Yes
Value of fidelity bond cover	2011-12-30	$7,500,000
If this is an individual account plan, was there a blackout period	2011-12-30	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2011-12-30	$0
Were there any nonexempt tranactions with any party-in-interest	2011-12-30	No
Participant contributions at end of year	2011-12-30	$0
Participant contributions at beginning of year	2011-12-30	$9,704
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2011-12-30	No
Value of net income/loss	2011-12-30	$-10,664
Value of net assets at end of year (total assets less liabilities)	2011-12-30	$0
Value of net assets at beginning of year (total assets less liabilities)	2011-12-30	$3,156,898
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2011-12-30	No
Were any loans by the plan or fixed income obligations due to the plan in default	2011-12-30	No
Were any leases to which the plan was party in default or uncollectible	2011-12-30	No
Interest on participant loans	2011-12-30	$101
Value of interest in common/collective trusts at end of year	2011-12-30	$0
Value of interest in common/collective trusts at beginning of year	2011-12-30	$2,854,946
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2011-12-30	$0
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2011-12-30	$292,248
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2011-12-30	$292,248
Net investment gain or loss from common/collective trusts	2011-12-30	$60,023
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2011-12-30	No
Was there a failure to transmit to the plan any participant contributions	2011-12-30	No
Has the plan failed to provide any benefit when due under the plan	2011-12-30	No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2011-12-30	$66,036
Contract administrator fees	2011-12-30	$4,752
Did the plan have assets held for investment	2011-12-30	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	2011-12-30	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2011-12-30	Yes
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2011-12-30	Yes
Opinion of an independent qualified public accountant for this plan	2011-12-30	Disclaimer
Accountancy firm name	2011-12-30	PARENTEBEARD
Accountancy firm EIN	2011-12-30	232932984
2010 : CENTRAL JERSEY BANK, NA EMPLOYEES' SAVINGS & PROFIT SHARING PLAN AND TRUST 2010 401k financial data
Total unrealized appreciation/depreciation of assets	2010-12-31	$0
Total transfer of assets from this plan	2010-12-31	$106,720
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2010-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2010-12-31	$0
Total income from all sources (including contributions)	2010-12-31	$1,316,886
Total loss/gain on sale of assets	2010-12-31	$0
Total of all expenses incurred	2010-12-31	$811,957
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2010-12-31	$793,858
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2010-12-31	$433,547
Value of total assets at end of year	2010-12-31	$3,156,898
Value of total assets at beginning of year	2010-12-31	$2,758,689
Total of administrative expenses incurred including professional, contract, advisory and management fees	2010-12-31	$18,099
Total interest from all sources	2010-12-31	$7,671
Total dividends received (eg from common stock, registered investment company shares)	2010-12-31	$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2010-12-31	Yes
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan	2010-12-31	$0
Was this plan covered by a fidelity bond	2010-12-31	Yes
Value of fidelity bond cover	2010-12-31	$7,500,000
If this is an individual account plan, was there a blackout period	2010-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2010-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2010-12-31	No
Contributions received from participants	2010-12-31	$272,459
Participant contributions at end of year	2010-12-31	$9,704
Participant contributions at beginning of year	2010-12-31	$129,602
Other income not declared elsewhere	2010-12-31	$-1,866
Administrative expenses (other) incurred	2010-12-31	$2,056
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	$504,929
Value of net assets at end of year (total assets less liabilities)	2010-12-31	$3,156,898
Value of net assets at beginning of year (total assets less liabilities)	2010-12-31	$2,758,689
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
Investment advisory and management fees	2010-12-31	$2,385
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2010-12-31	$20,490
Interest on participant loans	2010-12-31	$6,695
Value of interest in common/collective trusts at end of year	2010-12-31	$2,854,946
Value of interest in common/collective trusts at beginning of year	2010-12-31	$1,909,584
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2010-12-31	$292,248
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2010-12-31	$332,666
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2010-12-31	$332,666
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2010-12-31	$976
Net investment gain or loss from common/collective trusts	2010-12-31	$877,534
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 beginning of year	2010-12-31	$366,347
Contributions received in cash from employer	2010-12-31	$161,088
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2010-12-31	$793,858
Contract administrator fees	2010-12-31	$13,658
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	Yes
Opinion of an independent qualified public accountant for this plan	2010-12-31	Disclaimer
Accountancy firm name	2010-12-31	PARENTEBEARD, LLC
Accountancy firm EIN	2010-12-31	232932984
2009 : CENTRAL JERSEY BANK, NA EMPLOYEES' SAVINGS & PROFIT SHARING PLAN AND TRUST 2009 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2009-12-31	$0

Form 5500 Responses for CENTRAL JERSEY BANK, NA EMPLOYEES' SAVINGS & PROFIT SHARING PLAN AND TRUST

2011: CENTRAL JERSEY BANK, NA EMPLOYEES' SAVINGS & PROFIT SHARING PLAN AND TRUST 2011 form 5500 responses
2011-01-01	Type of plan entity	Single employer plan
2011-01-01	Submission has been amended	No
2011-01-01	This submission is the final filing	Yes
2011-01-01	This return/report is a short plan year return/report (less than 12 months)	Yes
2011-01-01	Plan is a collectively bargained plan	No
2011-01-01	Plan funding arrangement – Trust	Yes
2011-01-01	Plan benefit arrangement - Trust	Yes
2010: CENTRAL JERSEY BANK, NA EMPLOYEES' SAVINGS & PROFIT SHARING PLAN AND TRUST 2010 form 5500 responses
2010-01-01	Type of plan entity	Single employer plan
2010-01-01	Submission has been amended	No
2010-01-01	This submission is the final filing	No
2010-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2010-01-01	Plan is a collectively bargained plan	No
2010-01-01	Plan funding arrangement – Trust	Yes
2010-01-01	Plan benefit arrangement - Trust	Yes
2009: CENTRAL JERSEY BANK, NA EMPLOYEES' SAVINGS & PROFIT SHARING PLAN AND TRUST 2009 form 5500 responses
2009-01-01	Type of plan entity	Single employer plan
2009-01-01	Submission has been amended	No
2009-01-01	This submission is the final filing	No
2009-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2009-01-01	Plan is a collectively bargained plan	No
2009-01-01	Plan funding arrangement – Trust	Yes
2009-01-01	Plan benefit arrangement - Trust	Yes

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Company Name:	CENTRAL JERSEY BANK, NA
Employer identification number (EIN):	223531059
NAIC Classification:	522110
NAIC Description:	Commercial Banking