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THE FIRST NATIONAL BANK OF WELLSTON DEFINED BENEFIT PENSION PLAN AND TRUST 401k Plan overview

Plan NameTHE FIRST NATIONAL BANK OF WELLSTON DEFINED BENEFIT PENSION PLAN AND TRUST
Plan identification number 001

THE FIRST NATIONAL BANK OF WELLSTON DEFINED BENEFIT PENSION PLAN AND TRUST Benefits

401k Plan TypeDefined Benefit Pension
Plan Features/Benefits
  • Benefits are primarily pay related
  • Covered by PBGC - Plan is covered under the PBGC insurance program (see ERISA section 4021).
  • Plan covered by PBGC that was terminated and closed out for PBGC purposes - Before the end of the plan year (or a prior plan year), (1) the plan terminated in a standard (or distress) termination and completed the distribution of plan assets in satisfaction of all benefit liabilities (or all ERISA Title IV benefits for distress termination); or (2) a trustee was appointed for a terminated plan pursuant to ERISA section 4042.
  • Frozen Plan - As of the last day of the plan year, the plan provides that no participant will get any new benefit accrual (whether because of service or compensation).

401k Sponsoring company profile

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

Company Name:THE FIRST NATIONAL BANK OF WELLSTON
Employer identification number (EIN):314338028
NAIC Classification:522110
NAIC Description:Commercial Banking

Form 5500 Filing Information

Submission information for form 5500 for 401k plan THE FIRST NATIONAL BANK OF WELLSTON DEFINED BENEFIT PENSION PLAN AND TRUST

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012011-10-15CHERI L. THOMPSON
0012009-10-15CHERI L. THOMPSON

Plan Statistics for THE FIRST NATIONAL BANK OF WELLSTON DEFINED BENEFIT PENSION PLAN AND TRUST

401k plan membership statisitcs for THE FIRST NATIONAL BANK OF WELLSTON DEFINED BENEFIT PENSION PLAN AND TRUST

Measure Date Value
2011: THE FIRST NATIONAL BANK OF WELLSTON DEFINED BENEFIT PENSION PLAN AND TRUST 2011 401k membership
Total participants, beginning-of-year2011-10-1532
Total number of active participants reported on line 7a of the Form 55002011-10-150
Number of retired or separated participants receiving benefits2011-10-150
Number of other retired or separated participants entitled to future benefits2011-10-150
Total of all active and inactive participants2011-10-150
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-10-150
Total participants2011-10-150
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-10-150
2009: THE FIRST NATIONAL BANK OF WELLSTON DEFINED BENEFIT PENSION PLAN AND TRUST 2009 401k membership
Total participants, beginning-of-year2009-10-1532
Total number of active participants reported on line 7a of the Form 55002009-10-1531
Number of retired or separated participants receiving benefits2009-10-150
Number of other retired or separated participants entitled to future benefits2009-10-150
Total of all active and inactive participants2009-10-1531
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-10-150
Total participants2009-10-1531
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-10-150

Financial Data on THE FIRST NATIONAL BANK OF WELLSTON DEFINED BENEFIT PENSION PLAN AND TRUST

Measure Date Value
2012 : THE FIRST NATIONAL BANK OF WELLSTON DEFINED BENEFIT PENSION PLAN AND TRUST 2012 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2012-08-15$0
2011 : THE FIRST NATIONAL BANK OF WELLSTON DEFINED BENEFIT PENSION PLAN AND TRUST 2011 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2011-10-14$0
2010 : THE FIRST NATIONAL BANK OF WELLSTON DEFINED BENEFIT PENSION PLAN AND TRUST 2010 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2010-10-14$0

Form 5500 Responses for THE FIRST NATIONAL BANK OF WELLSTON DEFINED BENEFIT PENSION PLAN AND TRUST

2011: THE FIRST NATIONAL BANK OF WELLSTON DEFINED BENEFIT PENSION PLAN AND TRUST 2011 form 5500 responses
2011-10-15Type of plan entitySingle employer plan
2011-10-15This submission is the final filingYes
2011-10-15This return/report is a short plan year return/report (less than 12 months)Yes
2011-10-15Plan funding arrangement – Section 412(e)(3) insurance ContractsYes
2011-10-15Plan benefit arrangement – Section 412(e)(3) insurance ContractsYes
2009: THE FIRST NATIONAL BANK OF WELLSTON DEFINED BENEFIT PENSION PLAN AND TRUST 2009 form 5500 responses
2009-10-15Type of plan entitySingle employer plan
2009-10-15Plan funding arrangement – Section 412(e)(3) insurance ContractsYes
2009-10-15Plan benefit arrangement – Section 412(e)(3) insurance ContractsYes

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