Logo

POLONIA BANK EMPLOYEE STOCK OWNERSHIP PLAN 401k Plan overview

Plan NamePOLONIA BANK EMPLOYEE STOCK OWNERSHIP PLAN
Plan identification number 002

POLONIA BANK EMPLOYEE STOCK OWNERSHIP PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Leveraged ESOP - An ESOP that acquires employer securities with borrowed money or other debt-financing techniques. A completed Schedule E must be attached to a Form 5500 filed for an ESOP.

401k Sponsoring company profile

POLONIA BANK has sponsored the creation of one or more 401k plans.

Company Name:POLONIA BANK
Employer identification number (EIN):231692415
NAIC Classification:522120
NAIC Description:Savings Institutions

Form 5500 Filing Information

Submission information for form 5500 for 401k plan POLONIA BANK EMPLOYEE STOCK OWNERSHIP PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022016-01-01PAUL RUTKOWSKI PAUL RUTKOWSKI2017-02-17
0022015-01-01PAUL RUTKOWSKI PAUL RUTKOWSKI2016-07-08
0022014-01-01PAUL RUTKOWSKI
0022013-01-01ANTHONY SZUSZCZEWICZ
0022012-01-01ANTHONY SZUSZCZEWICZ ANTHONY SZUSZCZEWICZ2013-05-13
0022011-01-01ANTHONY SZUSZCZEWICZ
0022010-01-01ANTHONY SZUSZCZEWICZ
0022009-01-01ANTHONY SZUSZCZEWICZ

Financial Data on POLONIA BANK EMPLOYEE STOCK OWNERSHIP PLAN

Measure Date Value
2016 : POLONIA BANK EMPLOYEE STOCK OWNERSHIP PLAN 2016 401k financial data
Total plan liabilities at end of year2016-12-31$1,414,114
Total plan liabilities at beginning of year2016-12-31$1,576,540
Total income from all sources2016-12-31$50,630
Expenses. Total of all expenses incurred2016-12-31$84,255
Benefits paid (including direct rollovers)2016-12-31$84,255
Total plan assets at end of year2016-12-31$2,677,590
Total plan assets at beginning of year2016-12-31$2,873,641
Total contributions received or receivable from participants2016-12-31$0
Expenses. Other expenses not covered elsewhere2016-12-31$0
Contributions received from other sources (not participants or employers)2016-12-31$0
Other income received2016-12-31$-198,459
Net income (gross income less expenses)2016-12-31$-33,625
Net plan assets at end of year (total assets less liabilities)2016-12-31$1,263,476
Net plan assets at beginning of year (total assets less liabilities)2016-12-31$1,297,101
Assets. Value of employer securities2016-12-31$2,677,553
Total contributions received or receivable from employer(s)2016-12-31$249,089
Expenses. Administrative service providers (salaries,fees and commissions)2016-12-31$0
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2016-12-31$0
2015 : POLONIA BANK EMPLOYEE STOCK OWNERSHIP PLAN 2015 401k financial data
Total plan liabilities at end of year2015-12-31$1,576,540
Total plan liabilities at beginning of year2015-12-31$1,729,815
Total income from all sources2015-12-31$463,000
Expenses. Total of all expenses incurred2015-12-31$208,421
Benefits paid (including direct rollovers)2015-12-31$208,421
Total plan assets at end of year2015-12-31$2,873,641
Total plan assets at beginning of year2015-12-31$2,772,337
Total contributions received or receivable from participants2015-12-31$0
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$213,911
Net income (gross income less expenses)2015-12-31$254,579
Net plan assets at end of year (total assets less liabilities)2015-12-31$1,297,101
Net plan assets at beginning of year (total assets less liabilities)2015-12-31$1,042,522
Assets. Value of employer securities2015-12-31$2,873,641
Total contributions received or receivable from employer(s)2015-12-31$249,089
Expenses. Administrative service providers (salaries,fees and commissions)2015-12-31$0
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2015-12-31$0
2014 : POLONIA BANK EMPLOYEE STOCK OWNERSHIP PLAN 2014 401k financial data
Total plan liabilities at end of year2014-12-31$1,729,815
Total plan liabilities at beginning of year2014-12-31$1,874,324
Total income from all sources2014-12-31$300,641
Expenses. Total of all expenses incurred2014-12-31$132,603
Benefits paid (including direct rollovers)2014-12-31$132,603
Total plan assets at end of year2014-12-31$2,772,337
Total plan assets at beginning of year2014-12-31$2,748,808
Total contributions received or receivable from participants2014-12-31$0
Expenses. Other expenses not covered elsewhere2014-12-31$0
Contributions received from other sources (not participants or employers)2014-12-31$0
Other income received2014-12-31$51,552
Net income (gross income less expenses)2014-12-31$168,038
Net plan assets at end of year (total assets less liabilities)2014-12-31$1,042,522
Net plan assets at beginning of year (total assets less liabilities)2014-12-31$874,484
Assets. Value of employer securities2014-12-31$2,772,337
Total contributions received or receivable from employer(s)2014-12-31$249,089
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$0
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2014-12-31$0
2013 : POLONIA BANK EMPLOYEE STOCK OWNERSHIP PLAN 2013 401k financial data
Total plan liabilities at end of year2013-12-31$1,874,324
Total plan liabilities at beginning of year2013-12-31$2,010,643
Total income from all sources2013-12-31$649,110
Expenses. Total of all expenses incurred2013-12-31$11,671
Benefits paid (including direct rollovers)2013-12-31$11,671
Total plan assets at end of year2013-12-31$2,748,808
Total plan assets at beginning of year2013-12-31$2,247,688
Other income received2013-12-31$400,021
Net income (gross income less expenses)2013-12-31$637,439
Net plan assets at end of year (total assets less liabilities)2013-12-31$874,484
Net plan assets at beginning of year (total assets less liabilities)2013-12-31$237,045
Assets. Value of employer securities2013-12-31$2,748,649
Total contributions received or receivable from employer(s)2013-12-31$249,089
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2013-12-31$0
2012 : POLONIA BANK EMPLOYEE STOCK OWNERSHIP PLAN 2012 401k financial data
Total plan liabilities at end of year2012-12-31$2,010,643
Total plan liabilities at beginning of year2012-12-31$1,017,732
Total income from all sources2012-12-31$416,437
Expenses. Total of all expenses incurred2012-12-31$5,560
Benefits paid (including direct rollovers)2012-12-31$5,560
Total plan assets at end of year2012-12-31$2,247,688
Total plan assets at beginning of year2012-12-31$843,900
Other income received2012-12-31$226,548
Net income (gross income less expenses)2012-12-31$410,877
Net plan assets at end of year (total assets less liabilities)2012-12-31$237,045
Net plan assets at beginning of year (total assets less liabilities)2012-12-31$-173,832
Assets. Value of employer securities2012-12-31$2,247,512
Total contributions received or receivable from employer(s)2012-12-31$189,889
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2012-12-31$0
2011 : POLONIA BANK EMPLOYEE STOCK OWNERSHIP PLAN 2011 401k financial data
Total plan liabilities at end of year2011-12-31$1,017,732
Total plan liabilities at beginning of year2011-12-31$1,081,914
Total income from all sources2011-12-31$200,183
Expenses. Total of all expenses incurred2011-12-31$2,313
Benefits paid (including direct rollovers)2011-12-31$2,313
Total plan assets at end of year2011-12-31$843,900
Total plan assets at beginning of year2011-12-31$710,212
Other income received2011-12-31$46,744
Net income (gross income less expenses)2011-12-31$197,870
Net plan assets at end of year (total assets less liabilities)2011-12-31$-173,832
Net plan assets at beginning of year (total assets less liabilities)2011-12-31$-371,702
Assets. Value of employer securities2011-12-31$843,712
Total contributions received or receivable from employer(s)2011-12-31$153,439
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2011-12-31$0
2010 : POLONIA BANK EMPLOYEE STOCK OWNERSHIP PLAN 2010 401k financial data
Total plan liabilities at end of year2010-12-31$1,081,914
Total plan liabilities at beginning of year2010-12-31$1,141,204
Total income from all sources2010-12-31$-134,277
Expenses. Total of all expenses incurred2010-12-31$606
Benefits paid (including direct rollovers)2010-12-31$600
Total plan assets at end of year2010-12-31$710,212
Total plan assets at beginning of year2010-12-31$904,385
Other income received2010-12-31$-287,716
Net income (gross income less expenses)2010-12-31$-134,883
Net plan assets at end of year (total assets less liabilities)2010-12-31$-371,702
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$-236,819
Total contributions received or receivable from employer(s)2010-12-31$153,439
Expenses. Administrative service providers (salaries,fees and commissions)2010-12-31$6
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2010-12-31$0
2009 : POLONIA BANK EMPLOYEE STOCK OWNERSHIP 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 POLONIA BANK EMPLOYEE STOCK OWNERSHIP PLAN

2016: POLONIA BANK EMPLOYEE STOCK OWNERSHIP 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: POLONIA BANK EMPLOYEE STOCK OWNERSHIP 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: POLONIA BANK EMPLOYEE STOCK OWNERSHIP 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
2013: POLONIA BANK EMPLOYEE STOCK OWNERSHIP PLAN 2013 form 5500 responses
2013-01-01Type of plan entitySingle employer plan
2013-01-01Submission has been amendedNo
2013-01-01This submission is the final filingNo
2013-01-01This return/report is a short plan year return/report (less than 12 months)No
2013-01-01Plan is a collectively bargained planNo
2013-01-01Plan funding arrangement – TrustYes
2013-01-01Plan benefit arrangement - TrustYes
2012: POLONIA BANK EMPLOYEE STOCK OWNERSHIP PLAN 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01Submission has been amendedNo
2012-01-01This submission is the final filingNo
2012-01-01This return/report is a short plan year return/report (less than 12 months)No
2012-01-01Plan is a collectively bargained planNo
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement - TrustYes
2011: POLONIA BANK EMPLOYEE STOCK OWNERSHIP PLAN 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Submission has been amendedNo
2011-01-01This submission is the final filingNo
2011-01-01This return/report is a short plan year return/report (less than 12 months)No
2011-01-01Plan is a collectively bargained planNo
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement - TrustYes
2010: POLONIA BANK EMPLOYEE STOCK OWNERSHIP PLAN 2010 form 5500 responses
2010-01-01Type of plan entitySingle employer plan
2010-01-01Submission has been amendedNo
2010-01-01This submission is the final filingNo
2010-01-01This return/report is a short plan year return/report (less than 12 months)No
2010-01-01Plan is a collectively bargained planNo
2010-01-01Plan funding arrangement – TrustYes
2010-01-01Plan benefit arrangement - TrustYes
2009: POLONIA BANK EMPLOYEE STOCK OWNERSHIP 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

Was this data useful?
If you found the data here useful, PLEASE HELP US. We are a start-up and believe in making information freely available. By linking to us, posting on twitter, facebook and linkedin about us and generally spreading the word, you'll help us to grow. Our vision is to provide high quality data about the activities of all the companies in the world and where possible make it free to use and view. Finding and integrating data from thousands of data sources is time consuming and needs lots of effort. By simply spreading the word about us, you will help us.

Please use the share buttons. It will only take a few seconds of your time. Thanks for helping

Information Disclaimer
The information provided on this website is not advice, endorsement or recommendation
The information published is supplied by third parties so we make no warranty on the accuracy, completeness etc. This information is provided "as-is". The information is subject to change as we obtain updates and corrections from the primary information sources.
You are free to use the information for your own personal research on the understanding to do so is at your own risk.

See full terms and conditions

Copyright © Market Footprint Ltd
Contact us   Datalog Company Directory
401k Lookup     VAT Lookup S1