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1ST SUMMIT BANCORP CAPITAL ACCUMULATION PLAN 401k Plan overview

Plan Name1ST SUMMIT BANCORP CAPITAL ACCUMULATION PLAN
Plan identification number 003

1ST SUMMIT BANCORP CAPITAL ACCUMULATION 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.
  • Partial participant-directed account plan - Participants have the opportunity to direct the investment of a portion of 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.
  • 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

1ST SUMMIT BANCORP has sponsored the creation of one or more 401k plans.

Company Name:1ST SUMMIT BANCORP
Employer identification number (EIN):250773370
NAIC Classification:522110
NAIC Description:Commercial Banking

Form 5500 Filing Information

Submission information for form 5500 for 401k plan 1ST SUMMIT BANCORP CAPITAL ACCUMULATION PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0032019-01-01
0032018-01-01ELMER C. LASLO, PRESIDENT CEO
0032017-01-01ELMER C. LASLO, PRESIDENT CEO
0032016-01-01ELMER LASLO
0032015-01-01ELMER LASLO
0032014-01-01ELMER LASLO ELMER LASLO2015-07-29
0032013-01-01ELMER LASLO ELMER LASLO2014-07-28
0032012-01-01ELMER LASLO ELMER LASLO2013-07-31
0032011-01-01ELMER LASLO ELMER LASLO2012-07-26
0032009-01-01ELMER LASLO ELMER LASLO2010-10-14

Plan Statistics for 1ST SUMMIT BANCORP CAPITAL ACCUMULATION PLAN

401k plan membership statisitcs for 1ST SUMMIT BANCORP CAPITAL ACCUMULATION PLAN

Measure Date Value
2019: 1ST SUMMIT BANCORP CAPITAL ACCUMULATION PLAN 2019 401k membership
Total participants, beginning-of-year2019-01-01228
Total number of active participants reported on line 7a of the Form 55002019-01-01188
Number of retired or separated participants receiving benefits2019-01-0118
Number of other retired or separated participants entitled to future benefits2019-01-0124
Total of all active and inactive participants2019-01-01230
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-011
Total participants2019-01-01231
Number of participants with account balances2019-01-01225
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-012
2018: 1ST SUMMIT BANCORP CAPITAL ACCUMULATION PLAN 2018 401k membership
Total participants, beginning-of-year2018-01-01212
Total number of active participants reported on line 7a of the Form 55002018-01-01179
Number of retired or separated participants receiving benefits2018-01-0113
Number of other retired or separated participants entitled to future benefits2018-01-0123
Total of all active and inactive participants2018-01-01215
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-01-011
Total participants2018-01-01216
Number of participants with account balances2018-01-01210
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-01-013
2017: 1ST SUMMIT BANCORP CAPITAL ACCUMULATION PLAN 2017 401k membership
Total participants, beginning-of-year2017-01-01211
Total number of active participants reported on line 7a of the Form 55002017-01-01171
Number of retired or separated participants receiving benefits2017-01-0112
Number of other retired or separated participants entitled to future benefits2017-01-0121
Total of all active and inactive participants2017-01-01204
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-011
Total participants2017-01-01205
Number of participants with account balances2017-01-01199
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-012
2016: 1ST SUMMIT BANCORP CAPITAL ACCUMULATION PLAN 2016 401k membership
Total participants, beginning-of-year2016-01-01203
Total number of active participants reported on line 7a of the Form 55002016-01-01164
Number of retired or separated participants receiving benefits2016-01-0110
Number of other retired or separated participants entitled to future benefits2016-01-0124
Total of all active and inactive participants2016-01-01198
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-010
Total participants2016-01-01198
Number of participants with account balances2016-01-01193
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-015
2015: 1ST SUMMIT BANCORP CAPITAL ACCUMULATION PLAN 2015 401k membership
Total participants, beginning-of-year2015-01-01203
Total number of active participants reported on line 7a of the Form 55002015-01-01166
Number of retired or separated participants receiving benefits2015-01-0111
Number of other retired or separated participants entitled to future benefits2015-01-0120
Total of all active and inactive participants2015-01-01197
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-010
Total participants2015-01-01197
Number of participants with account balances2015-01-01191
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-016
2014: 1ST SUMMIT BANCORP CAPITAL ACCUMULATION PLAN 2014 401k membership
Total participants, beginning-of-year2014-01-01201
Total number of active participants reported on line 7a of the Form 55002014-01-01164
Number of retired or separated participants receiving benefits2014-01-019
Number of other retired or separated participants entitled to future benefits2014-01-0119
Total of all active and inactive participants2014-01-01192
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-010
Total participants2014-01-01192
Number of participants with account balances2014-01-01186
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-018
2013: 1ST SUMMIT BANCORP CAPITAL ACCUMULATION PLAN 2013 401k membership
Total participants, beginning-of-year2013-01-01195
Total number of active participants reported on line 7a of the Form 55002013-01-01171
Number of retired or separated participants receiving benefits2013-01-016
Number of other retired or separated participants entitled to future benefits2013-01-0117
Total of all active and inactive participants2013-01-01194
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-01-011
Total participants2013-01-01195
Number of participants with account balances2013-01-01188
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-01-013
2012: 1ST SUMMIT BANCORP CAPITAL ACCUMULATION PLAN 2012 401k membership
Total participants, beginning-of-year2012-01-01187
Total number of active participants reported on line 7a of the Form 55002012-01-01163
Number of retired or separated participants receiving benefits2012-01-017
Number of other retired or separated participants entitled to future benefits2012-01-0115
Total of all active and inactive participants2012-01-01185
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-010
Total participants2012-01-01185
Number of participants with account balances2012-01-01178
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-012
2011: 1ST SUMMIT BANCORP CAPITAL ACCUMULATION PLAN 2011 401k membership
Total participants, beginning-of-year2011-01-01183
Total number of active participants reported on line 7a of the Form 55002011-01-01157
Number of retired or separated participants receiving benefits2011-01-013
Number of other retired or separated participants entitled to future benefits2011-01-0118
Total of all active and inactive participants2011-01-01178
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-010
Total participants2011-01-01178
Number of participants with account balances2011-01-01170
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-012
2009: 1ST SUMMIT BANCORP CAPITAL ACCUMULATION PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-01187
Total number of active participants reported on line 7a of the Form 55002009-01-01162
Number of retired or separated participants receiving benefits2009-01-011
Number of other retired or separated participants entitled to future benefits2009-01-0113
Total of all active and inactive participants2009-01-01176
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-010
Total participants2009-01-01176
Number of participants with account balances2009-01-01166
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-013

Financial Data on 1ST SUMMIT BANCORP CAPITAL ACCUMULATION PLAN

Measure Date Value
2019 : 1ST SUMMIT BANCORP CAPITAL ACCUMULATION PLAN 2019 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2019-12-31$535,336
Total unrealized appreciation/depreciation of assets2019-12-31$535,336
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$5,266
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$24,355
Total income from all sources (including contributions)2019-12-31$3,256,074
Total loss/gain on sale of assets2019-12-31$2,000
Total of all expenses incurred2019-12-31$538,459
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-12-31$503,879
Total contributions o plan (from employers,participants, others, non cash contrinutions)2019-12-31$873,184
Value of total assets at end of year2019-12-31$22,416,602
Value of total assets at beginning of year2019-12-31$19,718,076
Total of administrative expenses incurred including professional, contract, advisory and management fees2019-12-31$34,580
Total interest from all sources2019-12-31$10,168
Total dividends received (eg from common stock, registered investment company shares)2019-12-31$652,363
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2019-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2019-12-31$378,564
Administrative expenses professional fees incurred2019-12-31$26,772
Was this plan covered by a fidelity bond2019-12-31Yes
Value of fidelity bond cover2019-12-31$3,000,000
If this is an individual account plan, was there a blackout period2019-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2019-12-31$0
Were there any nonexempt tranactions with any party-in-interest2019-12-31No
Contributions received from participants2019-12-31$643,294
Participant contributions at end of year2019-12-31$165,294
Participant contributions at beginning of year2019-12-31$176,764
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2019-12-31$5,266
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2019-12-31$24,355
Total non interest bearing cash at end of year2019-12-31$4,736
Total non interest bearing cash at beginning of year2019-12-31$22,767
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Value of net income/loss2019-12-31$2,717,615
Value of net assets at end of year (total assets less liabilities)2019-12-31$22,411,336
Value of net assets at beginning of year (total assets less liabilities)2019-12-31$19,693,721
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2019-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2019-12-31No
Were any leases to which the plan was party in default or uncollectible2019-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2019-12-31$9,394,785
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2019-12-31$8,363,777
Interest on participant loans2019-12-31$8,301
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2019-12-31$985,710
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2019-12-31$123,891
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2019-12-31$123,891
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2019-12-31$1,867
Net investment gain/loss from registered investment companies (e.g. mutual funds)2019-12-31$1,183,023
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2019-12-31No
Was there a failure to transmit to the plan any participant contributions2019-12-31No
Has the plan failed to provide any benefit when due under the plan2019-12-31No
Assets. Invements in employer securities at end of year2019-12-31$11,636,187
Assets. Invements in employer securities at beginning of year2019-12-31$10,818,219
Contributions received in cash from employer2019-12-31$229,890
Employer contributions (assets) at end of year2019-12-31$229,890
Employer contributions (assets) at beginning of year2019-12-31$212,658
Income. Dividends from common stock2019-12-31$273,799
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-12-31$503,879
Contract administrator fees2019-12-31$7,808
Did the plan have assets held for investment2019-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2019-12-31No
Aggregate proceeds on sale of assets2019-12-31$125,000
Aggregate carrying amount (costs) on sale of assets2019-12-31$123,000
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2019-12-31Yes
Opinion of an independent qualified public accountant for this plan2019-12-31Disclaimer
Accountancy firm name2019-12-31S.R. SNODGRASS, P.C.
Accountancy firm EIN2019-12-31251616561
2018 : 1ST SUMMIT BANCORP CAPITAL ACCUMULATION PLAN 2018 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2018-12-31$860,331
Total unrealized appreciation/depreciation of assets2018-12-31$860,331
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-12-31$24,355
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-12-31$64,451
Total income from all sources (including contributions)2018-12-31$1,639,941
Total loss/gain on sale of assets2018-12-31$1,359
Total of all expenses incurred2018-12-31$307,163
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2018-12-31$279,383
Total contributions o plan (from employers,participants, others, non cash contrinutions)2018-12-31$828,971
Value of total assets at end of year2018-12-31$19,718,076
Value of total assets at beginning of year2018-12-31$18,425,394
Total of administrative expenses incurred including professional, contract, advisory and management fees2018-12-31$27,780
Total interest from all sources2018-12-31$10,306
Total dividends received (eg from common stock, registered investment company shares)2018-12-31$777,894
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2018-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2018-12-31$528,364
Was this plan covered by a fidelity bond2018-12-31Yes
Value of fidelity bond cover2018-12-31$3,000,000
If this is an individual account plan, was there a blackout period2018-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2018-12-31$0
Were there any nonexempt tranactions with any party-in-interest2018-12-31No
Contributions received from participants2018-12-31$616,313
Participant contributions at end of year2018-12-31$176,764
Participant contributions at beginning of year2018-12-31$168,818
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2018-12-31$24,355
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2018-12-31$64,451
Other income not declared elsewhere2018-12-31$74
Total non interest bearing cash at end of year2018-12-31$22,767
Total non interest bearing cash at beginning of year2018-12-31$70,157
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Value of net income/loss2018-12-31$1,332,778
Value of net assets at end of year (total assets less liabilities)2018-12-31$19,693,721
Value of net assets at beginning of year (total assets less liabilities)2018-12-31$18,360,943
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2018-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2018-12-31No
Were any leases to which the plan was party in default or uncollectible2018-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2018-12-31$8,363,777
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2018-12-31$8,348,870
Interest on participant loans2018-12-31$9,404
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2018-12-31$123,891
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2018-12-31$110,788
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2018-12-31$110,788
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2018-12-31$902
Net investment gain/loss from registered investment companies (e.g. mutual funds)2018-12-31$-838,994
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2018-12-31No
Was there a failure to transmit to the plan any participant contributions2018-12-31No
Has the plan failed to provide any benefit when due under the plan2018-12-31No
Assets. Invements in employer securities at end of year2018-12-31$10,818,219
Assets. Invements in employer securities at beginning of year2018-12-31$9,525,109
Contributions received in cash from employer2018-12-31$212,658
Employer contributions (assets) at end of year2018-12-31$212,658
Employer contributions (assets) at beginning of year2018-12-31$201,652
Income. Dividends from common stock2018-12-31$249,530
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2018-12-31$279,383
Contract administrator fees2018-12-31$27,780
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32018-12-31No
Did the plan have assets held for investment2018-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2018-12-31No
Aggregate proceeds on sale of assets2018-12-31$20,570
Aggregate carrying amount (costs) on sale of assets2018-12-31$19,211
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2018-12-31Yes
Opinion of an independent qualified public accountant for this plan2018-12-31Disclaimer
Accountancy firm name2018-12-31S.R. SNODGRASS, P.C.
Accountancy firm EIN2018-12-31251616561
2017 : 1ST SUMMIT BANCORP CAPITAL ACCUMULATION PLAN 2017 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2017-12-31$750,877
Total unrealized appreciation/depreciation of assets2017-12-31$750,877
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2017-12-31$64,451
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2017-12-31$30,443
Total income from all sources (including contributions)2017-12-31$2,749,764
Total loss/gain on sale of assets2017-12-31$0
Total of all expenses incurred2017-12-31$462,962
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2017-12-31$432,147
Total contributions o plan (from employers,participants, others, non cash contrinutions)2017-12-31$768,335
Value of total assets at end of year2017-12-31$18,425,394
Value of total assets at beginning of year2017-12-31$16,104,584
Total of administrative expenses incurred including professional, contract, advisory and management fees2017-12-31$30,815
Total interest from all sources2017-12-31$7,903
Total dividends received (eg from common stock, registered investment company shares)2017-12-31$524,775
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2017-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2017-12-31$305,906
Administrative expenses professional fees incurred2017-12-31$21,428
Was this plan covered by a fidelity bond2017-12-31Yes
Value of fidelity bond cover2017-12-31$3,000,000
If this is an individual account plan, was there a blackout period2017-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2017-12-31$0
Were there any nonexempt tranactions with any party-in-interest2017-12-31No
Contributions received from participants2017-12-31$566,683
Participant contributions at end of year2017-12-31$168,818
Participant contributions at beginning of year2017-12-31$125,603
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2017-12-31$64,451
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2017-12-31$30,443
Other income not declared elsewhere2017-12-31$18
Administrative expenses (other) incurred2017-12-31$35
Total non interest bearing cash at end of year2017-12-31$70,157
Total non interest bearing cash at beginning of year2017-12-31$30,443
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Value of net income/loss2017-12-31$2,286,802
Value of net assets at end of year (total assets less liabilities)2017-12-31$18,360,943
Value of net assets at beginning of year (total assets less liabilities)2017-12-31$16,074,141
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2017-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2017-12-31No
Were any leases to which the plan was party in default or uncollectible2017-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2017-12-31$8,348,870
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2017-12-31$7,237,879
Interest on participant loans2017-12-31$7,447
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2017-12-31$110,788
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2017-12-31$99,993
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2017-12-31$99,993
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2017-12-31$456
Net investment gain/loss from registered investment companies (e.g. mutual funds)2017-12-31$697,856
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2017-12-31No
Was there a failure to transmit to the plan any participant contributions2017-12-31No
Has the plan failed to provide any benefit when due under the plan2017-12-31No
Assets. Invements in employer securities at end of year2017-12-31$9,525,109
Assets. Invements in employer securities at beginning of year2017-12-31$8,419,112
Contributions received in cash from employer2017-12-31$201,652
Employer contributions (assets) at end of year2017-12-31$201,652
Employer contributions (assets) at beginning of year2017-12-31$191,554
Income. Dividends from common stock2017-12-31$218,869
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2017-12-31$432,147
Contract administrator fees2017-12-31$9,352
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32017-12-31No
Did the plan have assets held for investment2017-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2017-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2017-12-31Yes
Opinion of an independent qualified public accountant for this plan2017-12-31Disclaimer
Accountancy firm name2017-12-31S.R. SNODGRASS, P.C.
Accountancy firm EIN2017-12-31251616561
2016 : 1ST SUMMIT BANCORP CAPITAL ACCUMULATION PLAN 2016 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2016-12-31$631,408
Total unrealized appreciation/depreciation of assets2016-12-31$631,408
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2016-12-31$30,443
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2016-12-31$29,110
Total income from all sources (including contributions)2016-12-31$1,980,318
Total loss/gain on sale of assets2016-12-31$781
Total of all expenses incurred2016-12-31$236,229
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2016-12-31$201,263
Total contributions o plan (from employers,participants, others, non cash contrinutions)2016-12-31$706,279
Value of total assets at end of year2016-12-31$16,104,584
Value of total assets at beginning of year2016-12-31$14,359,162
Total of administrative expenses incurred including professional, contract, advisory and management fees2016-12-31$34,966
Total interest from all sources2016-12-31$6,265
Total dividends received (eg from common stock, registered investment company shares)2016-12-31$399,574
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2016-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2016-12-31$209,062
Administrative expenses professional fees incurred2016-12-31$22,129
Was this plan covered by a fidelity bond2016-12-31Yes
Value of fidelity bond cover2016-12-31$500,000
If this is an individual account plan, was there a blackout period2016-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2016-12-31$0
Were there any nonexempt tranactions with any party-in-interest2016-12-31No
Contributions received from participants2016-12-31$514,725
Participant contributions at end of year2016-12-31$125,603
Participant contributions at beginning of year2016-12-31$144,075
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2016-12-31$30,443
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2016-12-31$29,110
Other income not declared elsewhere2016-12-31$-109
Total non interest bearing cash at end of year2016-12-31$30,443
Total non interest bearing cash at beginning of year2016-12-31$29,110
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Value of net income/loss2016-12-31$1,744,089
Value of net assets at end of year (total assets less liabilities)2016-12-31$16,074,141
Value of net assets at beginning of year (total assets less liabilities)2016-12-31$14,330,052
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2016-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2016-12-31No
Were any leases to which the plan was party in default or uncollectible2016-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2016-12-31$7,237,879
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2016-12-31$6,541,107
Interest on participant loans2016-12-31$6,039
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2016-12-31$99,993
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2016-12-31$96,649
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2016-12-31$96,649
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2016-12-31$226
Net investment gain/loss from registered investment companies (e.g. mutual funds)2016-12-31$236,120
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2016-12-31No
Was there a failure to transmit to the plan any participant contributions2016-12-31No
Has the plan failed to provide any benefit when due under the plan2016-12-31No
Assets. Invements in employer securities at end of year2016-12-31$8,419,112
Assets. Invements in employer securities at beginning of year2016-12-31$7,364,448
Contributions received in cash from employer2016-12-31$191,554
Employer contributions (assets) at end of year2016-12-31$191,554
Employer contributions (assets) at beginning of year2016-12-31$183,773
Income. Dividends from common stock2016-12-31$190,512
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2016-12-31$201,263
Contract administrator fees2016-12-31$12,837
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32016-12-31No
Did the plan have assets held for investment2016-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2016-12-31No
Aggregate proceeds on sale of assets2016-12-31$10,400
Aggregate carrying amount (costs) on sale of assets2016-12-31$9,619
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2016-12-31Yes
Opinion of an independent qualified public accountant for this plan2016-12-31Disclaimer
Accountancy firm name2016-12-31S.R. SNODGRASS, P.C.
Accountancy firm EIN2016-12-31251616561
2015 : 1ST SUMMIT BANCORP CAPITAL ACCUMULATION PLAN 2015 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2015-12-31$300,035
Total unrealized appreciation/depreciation of assets2015-12-31$300,035
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2015-12-31$29,110
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2015-12-31$8,173
Total income from all sources (including contributions)2015-12-31$1,235,395
Total loss/gain on sale of assets2015-12-31$596
Total of all expenses incurred2015-12-31$207,457
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2015-12-31$173,622
Total contributions o plan (from employers,participants, others, non cash contrinutions)2015-12-31$672,007
Value of total assets at end of year2015-12-31$14,359,162
Value of total assets at beginning of year2015-12-31$13,310,287
Total of administrative expenses incurred including professional, contract, advisory and management fees2015-12-31$33,835
Total interest from all sources2015-12-31$5,765
Total dividends received (eg from common stock, registered investment company shares)2015-12-31$427,213
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2015-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2015-12-31$258,686
Administrative expenses professional fees incurred2015-12-31$21,353
Was this plan covered by a fidelity bond2015-12-31Yes
Value of fidelity bond cover2015-12-31$500,000
If this is an individual account plan, was there a blackout period2015-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2015-12-31$0
Were there any nonexempt tranactions with any party-in-interest2015-12-31No
Contributions received from participants2015-12-31$488,235
Participant contributions at end of year2015-12-31$144,075
Participant contributions at beginning of year2015-12-31$136,504
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2015-12-31$29,110
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2015-12-31$8,173
Other income not declared elsewhere2015-12-31$835
Total non interest bearing cash at end of year2015-12-31$29,110
Total non interest bearing cash at beginning of year2015-12-31$8,172
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2015-12-31No
Value of net income/loss2015-12-31$1,027,938
Value of net assets at end of year (total assets less liabilities)2015-12-31$14,330,052
Value of net assets at beginning of year (total assets less liabilities)2015-12-31$13,302,114
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2015-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2015-12-31No
Were any leases to which the plan was party in default or uncollectible2015-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2015-12-31$6,541,107
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2015-12-31$6,124,954
Interest on participant loans2015-12-31$5,744
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2015-12-31$96,649
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2015-12-31$78,725
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2015-12-31$78,725
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2015-12-31$21
Net investment gain/loss from registered investment companies (e.g. mutual funds)2015-12-31$-171,056
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2015-12-31No
Was there a failure to transmit to the plan any participant contributions2015-12-31No
Has the plan failed to provide any benefit when due under the plan2015-12-31No
Assets. Invements in employer securities at end of year2015-12-31$7,364,448
Assets. Invements in employer securities at beginning of year2015-12-31$6,785,276
Contributions received in cash from employer2015-12-31$183,772
Employer contributions (assets) at end of year2015-12-31$183,773
Employer contributions (assets) at beginning of year2015-12-31$176,656
Income. Dividends from common stock2015-12-31$168,527
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2015-12-31$173,622
Contract administrator fees2015-12-31$12,482
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32015-12-31No
Did the plan have assets held for investment2015-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2015-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2015-12-31No
Aggregate proceeds on sale of assets2015-12-31$28,200
Aggregate carrying amount (costs) on sale of assets2015-12-31$27,604
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2015-12-31Yes
Opinion of an independent qualified public accountant for this plan2015-12-31Disclaimer
Accountancy firm name2015-12-31S.R. SNODGRASS, P.C.
Accountancy firm EIN2015-12-31251616561
2014 : 1ST SUMMIT BANCORP CAPITAL ACCUMULATION PLAN 2014 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2014-12-31$443,601
Total unrealized appreciation/depreciation of assets2014-12-31$443,601
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2014-12-31$8,173
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2014-12-31$15,818
Total income from all sources (including contributions)2014-12-31$1,677,437
Total loss/gain on sale of assets2014-12-31$3,934
Total of all expenses incurred2014-12-31$475,041
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2014-12-31$440,670
Total contributions o plan (from employers,participants, others, non cash contrinutions)2014-12-31$649,366
Value of total assets at end of year2014-12-31$13,310,287
Value of total assets at beginning of year2014-12-31$12,115,536
Total of administrative expenses incurred including professional, contract, advisory and management fees2014-12-31$34,371
Total interest from all sources2014-12-31$5,442
Total dividends received (eg from common stock, registered investment company shares)2014-12-31$377,336
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2014-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2014-12-31$232,618
Administrative expenses professional fees incurred2014-12-31$21,417
Was this plan covered by a fidelity bond2014-12-31Yes
Value of fidelity bond cover2014-12-31$500,000
If this is an individual account plan, was there a blackout period2014-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2014-12-31$0
Were there any nonexempt tranactions with any party-in-interest2014-12-31No
Contributions received from participants2014-12-31$472,710
Participant contributions at end of year2014-12-31$136,504
Participant contributions at beginning of year2014-12-31$130,706
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2014-12-31$8,173
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2014-12-31$15,818
Other income not declared elsewhere2014-12-31$-4,574
Total non interest bearing cash at end of year2014-12-31$8,172
Total non interest bearing cash at beginning of year2014-12-31$7,424
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2014-12-31No
Value of net income/loss2014-12-31$1,202,396
Value of net assets at end of year (total assets less liabilities)2014-12-31$13,302,114
Value of net assets at beginning of year (total assets less liabilities)2014-12-31$12,099,718
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2014-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2014-12-31No
Were any leases to which the plan was party in default or uncollectible2014-12-31No
Investment advisory and management fees2014-12-31$12,954
Value of interest in registered invesment companies (eg mutual funds) at end of year2014-12-31$6,124,954
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2014-12-31$5,605,342
Interest on participant loans2014-12-31$5,441
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2014-12-31$78,725
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2014-12-31$45,738
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2014-12-31$45,738
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2014-12-31$1
Net investment gain/loss from registered investment companies (e.g. mutual funds)2014-12-31$202,332
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2014-12-31No
Was there a failure to transmit to the plan any participant contributions2014-12-31No
Has the plan failed to provide any benefit when due under the plan2014-12-31No
Assets. Invements in employer securities at end of year2014-12-31$6,785,276
Assets. Invements in employer securities at beginning of year2014-12-31$6,163,448
Contributions received in cash from employer2014-12-31$176,656
Employer contributions (assets) at end of year2014-12-31$176,656
Employer contributions (assets) at beginning of year2014-12-31$162,878
Income. Dividends from common stock2014-12-31$144,718
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2014-12-31$440,670
Did the plan have assets held for investment2014-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2014-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2014-12-31No
Aggregate proceeds on sale of assets2014-12-31$72,800
Aggregate carrying amount (costs) on sale of assets2014-12-31$68,866
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2014-12-31Yes
Opinion of an independent qualified public accountant for this plan2014-12-31Disclaimer
Accountancy firm name2014-12-31SR SNODGRAS PC
Accountancy firm EIN2014-12-31251616561
2013 : 1ST SUMMIT BANCORP CAPITAL ACCUMULATION PLAN 2013 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2013-12-31$279,459
Total unrealized appreciation/depreciation of assets2013-12-31$279,459
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2013-12-31$15,818
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$1,842,253
Total loss/gain on sale of assets2013-12-31$2,036
Total of all expenses incurred2013-12-31$184,750
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2013-12-31$151,344
Total contributions o plan (from employers,participants, others, non cash contrinutions)2013-12-31$626,062
Value of total assets at end of year2013-12-31$12,115,536
Value of total assets at beginning of year2013-12-31$10,442,215
Total of administrative expenses incurred including professional, contract, advisory and management fees2013-12-31$33,406
Total interest from all sources2013-12-31$4,580
Total dividends received (eg from common stock, registered investment company shares)2013-12-31$286,864
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2013-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2013-12-31$159,085
Administrative expenses professional fees incurred2013-12-31$20,105
Was this plan covered by a fidelity bond2013-12-31Yes
Value of fidelity bond cover2013-12-31$500,000
If this is an individual account plan, was there a blackout period2013-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2013-12-31$0
Were there any nonexempt tranactions with any party-in-interest2013-12-31No
Contributions received from participants2013-12-31$455,488
Participant contributions at end of year2013-12-31$130,706
Participant contributions at beginning of year2013-12-31$70,073
Income. Received or receivable in cash from other sources (including rollovers)2013-12-31$7,696
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2013-12-31$22,335
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2013-12-31$15,818
Other income not declared elsewhere2013-12-31$-23,314
Total non interest bearing cash at end of year2013-12-31$7,424
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2013-12-31No
Value of net income/loss2013-12-31$1,657,503
Value of net assets at end of year (total assets less liabilities)2013-12-31$12,099,718
Value of net assets at beginning of year (total assets less liabilities)2013-12-31$10,442,215
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2013-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2013-12-31No
Were any leases to which the plan was party in default or uncollectible2013-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2013-12-31$5,605,342
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2013-12-31$4,497,572
Interest on participant loans2013-12-31$4,577
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2013-12-31$45,738
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2013-12-31$40,580
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2013-12-31$40,580
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2013-12-31$3
Net investment gain/loss from registered investment companies (e.g. mutual funds)2013-12-31$666,566
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2013-12-31No
Was there a failure to transmit to the plan any participant contributions2013-12-31No
Has the plan failed to provide any benefit when due under the plan2013-12-31No
Assets. Invements in employer securities at end of year2013-12-31$6,163,448
Assets. Invements in employer securities at beginning of year2013-12-31$5,667,676
Contributions received in cash from employer2013-12-31$162,878
Employer contributions (assets) at end of year2013-12-31$162,878
Employer contributions (assets) at beginning of year2013-12-31$143,979
Income. Dividends from common stock2013-12-31$127,779
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2013-12-31$151,344
Contract administrator fees2013-12-31$13,301
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32013-12-31No
Did the plan have assets held for investment2013-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2013-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2013-12-31No
Aggregate proceeds on sale of assets2013-12-31$115,647
Aggregate carrying amount (costs) on sale of assets2013-12-31$113,611
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2013-12-31Yes
Opinion of an independent qualified public accountant for this plan2013-12-31Disclaimer
Accountancy firm name2013-12-31S.R. SNODGRASS, P.C.
Accountancy firm EIN2013-12-31251616561
2012 : 1ST SUMMIT BANCORP CAPITAL ACCUMULATION PLAN 2012 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2012-12-31$339,066
Total unrealized appreciation/depreciation of assets2012-12-31$339,066
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2012-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2012-12-31$0
Total income from all sources (including contributions)2012-12-31$1,413,129
Total loss/gain on sale of assets2012-12-31$0
Total of all expenses incurred2012-12-31$303,257
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2012-12-31$269,004
Total contributions o plan (from employers,participants, others, non cash contrinutions)2012-12-31$543,986
Value of total assets at end of year2012-12-31$10,442,215
Value of total assets at beginning of year2012-12-31$9,332,343
Total of administrative expenses incurred including professional, contract, advisory and management fees2012-12-31$34,253
Total interest from all sources2012-12-31$3,235
Total dividends received (eg from common stock, registered investment company shares)2012-12-31$237,278
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2012-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2012-12-31$122,109
Administrative expenses professional fees incurred2012-12-31$28,077
Was this plan covered by a fidelity bond2012-12-31Yes
Value of fidelity bond cover2012-12-31$500,000
If this is an individual account plan, was there a blackout period2012-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2012-12-31$0
Were there any nonexempt tranactions with any party-in-interest2012-12-31No
Contributions received from participants2012-12-31$400,007
Participant contributions at end of year2012-12-31$70,073
Participant contributions at beginning of year2012-12-31$86,089
Value of other receiveables (less allowance for doubtful accounts) at end of year2012-12-31$22,335
Other income not declared elsewhere2012-12-31$0
Administrative expenses (other) incurred2012-12-31$313
Total non interest bearing cash at beginning of year2012-12-31$7,733
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2012-12-31No
Value of net income/loss2012-12-31$1,109,872
Value of net assets at end of year (total assets less liabilities)2012-12-31$10,442,215
Value of net assets at beginning of year (total assets less liabilities)2012-12-31$9,332,343
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2012-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2012-12-31No
Were any leases to which the plan was party in default or uncollectible2012-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2012-12-31$4,497,572
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2012-12-31$3,488,909
Interest on participant loans2012-12-31$3,223
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2012-12-31$40,580
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2012-12-31$656,986
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2012-12-31$656,986
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2012-12-31$12
Net investment gain/loss from registered investment companies (e.g. mutual funds)2012-12-31$289,564
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2012-12-31No
Was there a failure to transmit to the plan any participant contributions2012-12-31No
Has the plan failed to provide any benefit when due under the plan2012-12-31No
Assets. Invements in employer securities at end of year2012-12-31$5,667,676
Assets. Invements in employer securities at beginning of year2012-12-31$5,092,626
Contributions received in cash from employer2012-12-31$143,979
Employer contributions (assets) at end of year2012-12-31$143,979
Income. Dividends from common stock2012-12-31$115,169
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2012-12-31$269,004
Contract administrator fees2012-12-31$5,863
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32012-12-31No
Did the plan have assets held for investment2012-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2012-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2012-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2012-12-31Yes
Opinion of an independent qualified public accountant for this plan2012-12-31Disclaimer
Accountancy firm name2012-12-31S. R. SNODGRASS, A.C.
Accountancy firm EIN2012-12-31251616561
2011 : 1ST SUMMIT BANCORP CAPITAL ACCUMULATION PLAN 2011 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2011-12-31$258,397
Total unrealized appreciation/depreciation of assets2011-12-31$258,397
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-12-31$0
Total income from all sources (including contributions)2011-12-31$794,809
Total loss/gain on sale of assets2011-12-31$0
Total of all expenses incurred2011-12-31$157,836
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2011-12-31$136,990
Total contributions o plan (from employers,participants, others, non cash contrinutions)2011-12-31$503,670
Value of total assets at end of year2011-12-31$9,332,343
Value of total assets at beginning of year2011-12-31$8,695,370
Total of administrative expenses incurred including professional, contract, advisory and management fees2011-12-31$20,846
Total interest from all sources2011-12-31$3,622
Total dividends received (eg from common stock, registered investment company shares)2011-12-31$215,023
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2011-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2011-12-31$215,023
Administrative expenses professional fees incurred2011-12-31$20,081
Was this plan covered by a fidelity bond2011-12-31Yes
Value of fidelity bond cover2011-12-31$500,000
If this is an individual account plan, was there a blackout period2011-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2011-12-31$0
Were there any nonexempt tranactions with any party-in-interest2011-12-31No
Contributions received from participants2011-12-31$369,890
Participant contributions at end of year2011-12-31$86,089
Participant contributions at beginning of year2011-12-31$87,312
Other income not declared elsewhere2011-12-31$0
Administrative expenses (other) incurred2011-12-31$765
Total non interest bearing cash at end of year2011-12-31$7,733
Total non interest bearing cash at beginning of year2011-12-31$11,732
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Value of net income/loss2011-12-31$636,973
Value of net assets at end of year (total assets less liabilities)2011-12-31$9,332,343
Value of net assets at beginning of year (total assets less liabilities)2011-12-31$8,695,370
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2011-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2011-12-31No
Were any leases to which the plan was party in default or uncollectible2011-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2011-12-31$3,488,909
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2011-12-31$3,544,955
Interest on participant loans2011-12-31$3,596
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2011-12-31$656,986
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2011-12-31$395,431
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2011-12-31$395,431
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2011-12-31$26
Net investment gain/loss from registered investment companies (e.g. mutual funds)2011-12-31$-185,903
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2011-12-31No
Was there a failure to transmit to the plan any participant contributions2011-12-31No
Has the plan failed to provide any benefit when due under the plan2011-12-31No
Assets. Invements in employer securities at end of year2011-12-31$5,092,626
Assets. Invements in employer securities at beginning of year2011-12-31$4,655,940
Contributions received in cash from employer2011-12-31$133,780
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2011-12-31$136,990
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32011-12-31No
Did the plan have assets held for investment2011-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2011-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2011-12-31Yes
Opinion of an independent qualified public accountant for this plan2011-12-31Disclaimer
Accountancy firm name2011-12-31S. R. SNODGRASS, A.C.
Accountancy firm EIN2011-12-31251616561
2010 : 1ST SUMMIT BANCORP CAPITAL ACCUMULATION PLAN 2010 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2010-12-31$313,853
Total unrealized appreciation/depreciation of assets2010-12-31$313,853
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$1,252,651
Total loss/gain on sale of assets2010-12-31$0
Total of all expenses incurred2010-12-31$98,007
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2010-12-31$76,683
Total contributions o plan (from employers,participants, others, non cash contrinutions)2010-12-31$494,399
Value of total assets at end of year2010-12-31$8,695,370
Value of total assets at beginning of year2010-12-31$7,540,726
Total of administrative expenses incurred including professional, contract, advisory and management fees2010-12-31$21,324
Total interest from all sources2010-12-31$3,350
Total dividends received (eg from common stock, registered investment company shares)2010-12-31$186,292
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2010-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2010-12-31$100,737
Administrative expenses professional fees incurred2010-12-31$20,580
Was this plan covered by a fidelity bond2010-12-31Yes
Value of fidelity bond cover2010-12-31$500,000
If this is an individual account plan, was there a blackout period2010-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2010-12-31$0
Were there any nonexempt tranactions with any party-in-interest2010-12-31No
Contributions received from participants2010-12-31$367,328
Participant contributions at end of year2010-12-31$87,312
Participant contributions at beginning of year2010-12-31$86,283
Other income not declared elsewhere2010-12-31$0
Administrative expenses (other) incurred2010-12-31$744
Total non interest bearing cash at end of year2010-12-31$11,732
Total non interest bearing cash at beginning of year2010-12-31$3,338
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2010-12-31No
Value of net income/loss2010-12-31$1,154,644
Value of net assets at end of year (total assets less liabilities)2010-12-31$8,695,370
Value of net assets at beginning of year (total assets less liabilities)2010-12-31$7,540,726
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2010-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2010-12-31No
Were any leases to which the plan was party in default or uncollectible2010-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2010-12-31$3,544,955
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2010-12-31$2,908,720
Interest on participant loans2010-12-31$3,350
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2010-12-31$395,431
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2010-12-31$356,577
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2010-12-31$356,577
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2010-12-31$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)2010-12-31$254,757
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2010-12-31No
Was there a failure to transmit to the plan any participant contributions2010-12-31No
Has the plan failed to provide any benefit when due under the plan2010-12-31No
Assets. Invements in employer securities at end of year2010-12-31$4,655,940
Assets. Invements in employer securities at beginning of year2010-12-31$4,185,808
Contributions received in cash from employer2010-12-31$127,071
Income. Dividends from common stock2010-12-31$85,555
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2010-12-31$76,683
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32010-12-31No
Did the plan have assets held for investment2010-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2010-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2010-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2010-12-31Yes
Opinion of an independent qualified public accountant for this plan2010-12-31Disclaimer
Accountancy firm name2010-12-31S. R. SNODGRASS, A.C.
Accountancy firm EIN2010-12-31251616561
2009 : 1ST SUMMIT BANCORP CAPITAL ACCUMULATION 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 1ST SUMMIT BANCORP CAPITAL ACCUMULATION PLAN

2019: 1ST SUMMIT BANCORP CAPITAL ACCUMULATION PLAN 2019 form 5500 responses
2019-01-01Type of plan entitySingle employer plan
2019-01-01Submission has been amendedNo
2019-01-01This submission is the final filingNo
2019-01-01This return/report is a short plan year return/report (less than 12 months)No
2019-01-01Plan is a collectively bargained planNo
2019-01-01Plan funding arrangement – TrustYes
2019-01-01Plan benefit arrangement - TrustYes
2018: 1ST SUMMIT BANCORP CAPITAL ACCUMULATION PLAN 2018 form 5500 responses
2018-01-01Type of plan entitySingle employer plan
2018-01-01Submission has been amendedNo
2018-01-01This submission is the final filingNo
2018-01-01This return/report is a short plan year return/report (less than 12 months)No
2018-01-01Plan is a collectively bargained planNo
2018-01-01Plan funding arrangement – TrustYes
2018-01-01Plan benefit arrangement - TrustYes
2017: 1ST SUMMIT BANCORP CAPITAL ACCUMULATION 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 filingNo
2017-01-01This return/report is a short plan year return/report (less than 12 months)No
2017-01-01Plan is a collectively bargained planNo
2017-01-01Plan funding arrangement – TrustYes
2017-01-01Plan benefit arrangement - TrustYes
2016: 1ST SUMMIT BANCORP CAPITAL ACCUMULATION 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: 1ST SUMMIT BANCORP CAPITAL ACCUMULATION 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: 1ST SUMMIT BANCORP CAPITAL ACCUMULATION 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: 1ST SUMMIT BANCORP CAPITAL ACCUMULATION 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: 1ST SUMMIT BANCORP CAPITAL ACCUMULATION 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: 1ST SUMMIT BANCORP CAPITAL ACCUMULATION 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
2009: 1ST SUMMIT BANCORP CAPITAL ACCUMULATION 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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