GEORGIA COMMERCE BANK has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan GEORGIA COMMERCE BANK 401(K) PLAN
Measure | Date | Value |
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2016: GEORGIA COMMERCE BANK 401(K) PLAN 2016 401k membership |
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Total participants, beginning-of-year | 2016-01-01 | 144 |
Total number of active participants reported on line 7a of the Form 5500 | 2016-01-01 | 0 |
Number of retired or separated participants receiving benefits | 2016-01-01 | 0 |
Number of other retired or separated participants entitled to future benefits | 2016-01-01 | 0 |
Total of all active and inactive participants | 2016-01-01 | 0 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2016-01-01 | 0 |
Total participants | 2016-01-01 | 0 |
Number of participants with account balances | 2016-01-01 | 0 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2016-01-01 | 0 |
2015: GEORGIA COMMERCE BANK 401(K) PLAN 2015 401k membership |
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Total participants, beginning-of-year | 2015-01-01 | 154 |
Total number of active participants reported on line 7a of the Form 5500 | 2015-01-01 | 129 |
Number of retired or separated participants receiving benefits | 2015-01-01 | 6 |
Number of other retired or separated participants entitled to future benefits | 2015-01-01 | 9 |
Total of all active and inactive participants | 2015-01-01 | 144 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2015-01-01 | 0 |
Total participants | 2015-01-01 | 144 |
Number of participants with account balances | 2015-01-01 | 43 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2015-01-01 | 7 |
2014: GEORGIA COMMERCE BANK 401(K) PLAN 2014 401k membership |
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Total participants, beginning-of-year | 2014-01-01 | 149 |
Total number of active participants reported on line 7a of the Form 5500 | 2014-01-01 | 135 |
Number of retired or separated participants receiving benefits | 2014-01-01 | 0 |
Number of other retired or separated participants entitled to future benefits | 2014-01-01 | 19 |
Total of all active and inactive participants | 2014-01-01 | 154 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2014-01-01 | 0 |
Total participants | 2014-01-01 | 154 |
Number of participants with account balances | 2014-01-01 | 132 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2014-01-01 | 10 |
2009: GEORGIA COMMERCE BANK 401(K) PLAN 2009 401k membership |
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Total participants, beginning-of-year | 2009-01-01 | 31 |
Total number of active participants reported on line 7a of the Form 5500 | 2009-01-01 | 31 |
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 | 2 |
Total of all active and inactive participants | 2009-01-01 | 33 |
Total participants | 2009-01-01 | 33 |
Number of participants with account balances | 2009-01-01 | 32 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2009-01-01 | 1 |
Measure | Date | Value |
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2016 : GEORGIA COMMERCE BANK 401(K) PLAN 2016 401k financial data |
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Total income from all sources (including contributions) | 2016-08-31 | $10,552 |
Total of all expenses incurred | 2016-08-31 | $609,376 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2016-08-31 | $605,767 |
Value of total assets at end of year | 2016-08-31 | $0 |
Value of total assets at beginning of year | 2016-08-31 | $598,824 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2016-08-31 | $3,609 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2016-08-31 | Yes |
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan | 2016-08-31 | $0 |
Was this plan covered by a fidelity bond | 2016-08-31 | Yes |
Value of fidelity bond cover | 2016-08-31 | $5,000,000 |
If this is an individual account plan, was there a blackout period | 2016-08-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2016-08-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2016-08-31 | No |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2016-08-31 | No |
Value of net income/loss | 2016-08-31 | $-598,824 |
Value of net assets at end of year (total assets less liabilities) | 2016-08-31 | $0 |
Value of net assets at beginning of year (total assets less liabilities) | 2016-08-31 | $598,824 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2016-08-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2016-08-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2016-08-31 | No |
Investment advisory and management fees | 2016-08-31 | $3,609 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2016-08-31 | $0 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2016-08-31 | $518,199 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2016-08-31 | $0 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2016-08-31 | $80,625 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2016-08-31 | $10,552 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2016-08-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2016-08-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2016-08-31 | No |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2016-08-31 | $605,767 |
Did the plan have assets held for investment | 2016-08-31 | 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 | 2016-08-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2016-08-31 | Yes |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2016-08-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2016-08-31 | Disclaimer |
Accountancy firm name | 2016-08-31 | CROWE HORWATH, LLP |
Accountancy firm EIN | 2016-08-31 | 350921680 |
2015 : GEORGIA COMMERCE BANK 401(K) PLAN 2015 401k financial data |
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Total income from all sources (including contributions) | 2015-12-31 | $429,256 |
Total of all expenses incurred | 2015-12-31 | $6,140,039 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2015-12-31 | $5,943,927 |
Expenses. Certain deemed distributions of participant loans | 2015-12-31 | $162,367 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2015-12-31 | $535,552 |
Value of total assets at end of year | 2015-12-31 | $598,824 |
Value of total assets at beginning of year | 2015-12-31 | $6,309,607 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2015-12-31 | $33,745 |
Total interest from all sources | 2015-12-31 | $4,981 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2015-12-31 | Yes |
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan | 2015-12-31 | $0 |
Was this plan covered by a fidelity bond | 2015-12-31 | Yes |
Value of fidelity bond cover | 2015-12-31 | $5,000,000 |
If this is an individual account plan, was there a blackout period | 2015-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2015-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2015-12-31 | No |
Contributions received from participants | 2015-12-31 | $410,311 |
Participant contributions at end of year | 2015-12-31 | $0 |
Participant contributions at beginning of year | 2015-12-31 | $199,226 |
Participant contributions at end of year | 2015-12-31 | $0 |
Participant contributions at beginning of year | 2015-12-31 | $103 |
Income. Received or receivable in cash from other sources (including rollovers) | 2015-12-31 | $0 |
Other income not declared elsewhere | 2015-12-31 | $23,105 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2015-12-31 | No |
Value of net income/loss | 2015-12-31 | $-5,710,783 |
Value of net assets at end of year (total assets less liabilities) | 2015-12-31 | $598,824 |
Value of net assets at beginning of year (total assets less liabilities) | 2015-12-31 | $6,309,607 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2015-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2015-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2015-12-31 | No |
Investment advisory and management fees | 2015-12-31 | $33,745 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2015-12-31 | $518,199 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2015-12-31 | $5,649,241 |
Interest on participant loans | 2015-12-31 | $3,327 |
Income. Interest from loans (other than to participants) | 2015-12-31 | $1,830 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2015-12-31 | $0 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2015-12-31 | $43,472 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2015-12-31 | $43,472 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2015-12-31 | $-176 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2015-12-31 | $80,625 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2015-12-31 | $417,515 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2015-12-31 | $-134,382 |
Net investment gain/loss from pooled separate accounts | 2015-12-31 | $0 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2015-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2015-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2015-12-31 | No |
Contributions received in cash from employer | 2015-12-31 | $125,241 |
Employer contributions (assets) at end of year | 2015-12-31 | $0 |
Employer contributions (assets) at beginning of year | 2015-12-31 | $50 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2015-12-31 | $5,943,927 |
Did the plan have assets held for investment | 2015-12-31 | 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 | 2015-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2015-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2015-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2015-12-31 | Disclaimer |
Accountancy firm name | 2015-12-31 | CROWE HORWATH, LLP |
Accountancy firm EIN | 2015-12-31 | 350921680 |
2014 : GEORGIA COMMERCE BANK 401(K) PLAN 2014 401k financial data |
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Total income from all sources (including contributions) | 2014-12-31 | $1,472,007 |
Total of all expenses incurred | 2014-12-31 | $112,730 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2014-12-31 | $104,313 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2014-12-31 | $1,179,475 |
Value of total assets at end of year | 2014-12-31 | $6,309,607 |
Value of total assets at beginning of year | 2014-12-31 | $4,950,330 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2014-12-31 | $8,417 |
Total interest from all sources | 2014-12-31 | $11,259 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2014-12-31 | No |
Was this plan covered by a fidelity bond | 2014-12-31 | Yes |
Value of fidelity bond cover | 2014-12-31 | $5,000,000 |
If this is an individual account plan, was there a blackout period | 2014-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2014-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2014-12-31 | No |
Contributions received from participants | 2014-12-31 | $877,148 |
Participant contributions at end of year | 2014-12-31 | $199,226 |
Participant contributions at beginning of year | 2014-12-31 | $189,765 |
Participant contributions at end of year | 2014-12-31 | $103 |
Income. Received or receivable in cash from other sources (including rollovers) | 2014-12-31 | $26,823 |
Other income not declared elsewhere | 2014-12-31 | $8,259 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2014-12-31 | No |
Value of net income/loss | 2014-12-31 | $1,359,277 |
Value of net assets at end of year (total assets less liabilities) | 2014-12-31 | $6,309,607 |
Value of net assets at beginning of year (total assets less liabilities) | 2014-12-31 | $4,950,330 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2014-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2014-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2014-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2014-12-31 | $0 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2014-12-31 | $0 |
Value of interest in pooled separate accounts at end of year | 2014-12-31 | $5,692,713 |
Value of interest in pooled separate accounts at beginning of year | 2014-12-31 | $4,369,688 |
Interest on participant loans | 2014-12-31 | $7,769 |
Interest earned on other investments | 2014-12-31 | $3,792 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2014-12-31 | $0 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2014-12-31 | $42,709 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2014-12-31 | $42,709 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2014-12-31 | $-302 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2014-12-31 | $417,515 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2014-12-31 | $348,168 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2014-12-31 | $273,014 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2014-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2014-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2014-12-31 | No |
Contributions received in cash from employer | 2014-12-31 | $275,504 |
Employer contributions (assets) at end of year | 2014-12-31 | $50 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2014-12-31 | $104,313 |
Contract administrator fees | 2014-12-31 | $8,417 |
Did the plan have assets held for investment | 2014-12-31 | 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 | 2014-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2014-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2014-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2014-12-31 | Disclaimer |
Accountancy firm name | 2014-12-31 | CROWE HORWATH, LLP |
Accountancy firm EIN | 2014-12-31 | 350921680 |
2009 : GEORGIA COMMERCE BANK 401(K) PLAN 2009 401k financial data |
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Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2009-12-31 | $0 |