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COMMUNITY FINANCIAL CORP. EMPLOYEE STOCK OWNERSHIP AND 401(K) PLAN 401k Plan overview

Plan NameCOMMUNITY FINANCIAL CORP. EMPLOYEE STOCK OWNERSHIP AND 401(K) PLAN
Plan identification number 003

COMMUNITY FINANCIAL CORP. EMPLOYEE STOCK OWNERSHIP AND 401(K) 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.
  • Leveraged ESOP - An ESOP that acquires employer securities with borrowed money or other debt-financing techniques. A completed Schedule E must be attached to a Form 5500 filed for an ESOP.
  • Plan requiring that all or part of employer contributions be invested and held, at least for a limited period, in employer securities.

401k Sponsoring company profile

COMMUNITY FINANCIAL CORP. has sponsored the creation of one or more 401k plans.

Company Name:COMMUNITY FINANCIAL CORP.
Employer identification number (EIN):350242150
NAIC Classification:522120
NAIC Description:Savings Institutions

Additional information about COMMUNITY FINANCIAL CORP.

Jurisdiction of Incorporation: Florida Department of State Division of Corporations
Incorporation Date: 2005-11-15
Company Identification Number: P05000151924
Legal Registered Office Address: 12908 HYLAND CIRCLE

BOCA RATON

33428

More information about COMMUNITY FINANCIAL CORP.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan COMMUNITY FINANCIAL CORP. EMPLOYEE STOCK OWNERSHIP AND 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0032019-01-01BONITA FLYNN2020-07-29
0032018-01-01
0032014-01-01MINDY BOBAY
0032013-01-01MARK DEMSKE
0032012-01-01MARK DEMSKE
0032011-01-01MARK DEMSKE

Plan Statistics for COMMUNITY FINANCIAL CORP. EMPLOYEE STOCK OWNERSHIP AND 401(K) PLAN

401k plan membership statisitcs for COMMUNITY FINANCIAL CORP. EMPLOYEE STOCK OWNERSHIP AND 401(K) PLAN

Measure Date Value
2019: COMMUNITY FINANCIAL CORP. EMPLOYEE STOCK OWNERSHIP AND 401(K) PLAN 2019 401k membership
Total participants, beginning-of-year2019-01-0175
Total number of active participants reported on line 7a of the Form 55002019-01-0152
Number of retired or separated participants receiving benefits2019-01-014
Number of other retired or separated participants entitled to future benefits2019-01-0123
Total of all active and inactive participants2019-01-0179
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-010
Total participants2019-01-0179
Number of participants with account balances2019-01-0170
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-015
2018: COMMUNITY FINANCIAL CORP. EMPLOYEE STOCK OWNERSHIP AND 401(K) PLAN 2018 401k membership
Total participants, beginning-of-year2018-01-0156
Total number of active participants reported on line 7a of the Form 55002018-01-0142
Number of retired or separated participants receiving benefits2018-01-013
Number of other retired or separated participants entitled to future benefits2018-01-0114
Total of all active and inactive participants2018-01-0159
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-01-010
Total participants2018-01-0159
Number of participants with account balances2018-01-0159
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-01-011
2014: COMMUNITY FINANCIAL CORP. EMPLOYEE STOCK OWNERSHIP AND 401(K) PLAN 2014 401k membership
Total participants, beginning-of-year2014-01-0167
Total number of active participants reported on line 7a of the Form 55002014-01-0148
Number of retired or separated participants receiving benefits2014-01-011
Number of other retired or separated participants entitled to future benefits2014-01-0117
Total of all active and inactive participants2014-01-0166
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-010
Total participants2014-01-0166
Number of participants with account balances2014-01-0160
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-012
2013: COMMUNITY FINANCIAL CORP. EMPLOYEE STOCK OWNERSHIP AND 401(K) PLAN 2013 401k membership
Total participants, beginning-of-year2013-01-0163
Total number of active participants reported on line 7a of the Form 55002013-01-0144
Number of retired or separated participants receiving benefits2013-01-011
Number of other retired or separated participants entitled to future benefits2013-01-0113
Total of all active and inactive participants2013-01-0158
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-01-010
Total participants2013-01-0158
Number of participants with account balances2013-01-0158
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-01-012
2012: COMMUNITY FINANCIAL CORP. EMPLOYEE STOCK OWNERSHIP AND 401(K) PLAN 2012 401k membership
Total participants, beginning-of-year2012-01-0154
Total number of active participants reported on line 7a of the Form 55002012-01-0147
Number of retired or separated participants receiving benefits2012-01-010
Number of other retired or separated participants entitled to future benefits2012-01-0111
Total of all active and inactive participants2012-01-0158
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-010
Total participants2012-01-0158
Number of participants with account balances2012-01-0150
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-012
2011: COMMUNITY FINANCIAL CORP. EMPLOYEE STOCK OWNERSHIP AND 401(K) PLAN 2011 401k membership
Total participants, beginning-of-year2011-01-0156
Total number of active participants reported on line 7a of the Form 55002011-01-0142
Number of retired or separated participants receiving benefits2011-01-010
Number of other retired or separated participants entitled to future benefits2011-01-0110
Total of all active and inactive participants2011-01-0152
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-010
Total participants2011-01-0152
Number of participants with account balances2011-01-0152
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-011

Financial Data on COMMUNITY FINANCIAL CORP. EMPLOYEE STOCK OWNERSHIP AND 401(K) PLAN

Measure Date Value
2019 : COMMUNITY FINANCIAL CORP. EMPLOYEE STOCK OWNERSHIP AND 401(K) PLAN 2019 401k financial data
Total plan liabilities at end of year2019-12-31$953
Total plan liabilities at beginning of year2019-12-31$953
Total income from all sources2019-12-31$1,059,701
Expenses. Total of all expenses incurred2019-12-31$174,095
Benefits paid (including direct rollovers)2019-12-31$174,095
Total plan assets at end of year2019-12-31$5,012,423
Total plan assets at beginning of year2019-12-31$4,126,817
Value of fidelity bond covering the plan2019-12-31$3,000,000
Total contributions received or receivable from participants2019-12-31$190,959
Contributions received from other sources (not participants or employers)2019-12-31$32,582
Other income received2019-12-31$614,059
Net income (gross income less expenses)2019-12-31$885,606
Net plan assets at end of year (total assets less liabilities)2019-12-31$5,011,470
Net plan assets at beginning of year (total assets less liabilities)2019-12-31$4,125,864
Assets. Value of employer securities2019-12-31$3,002,832
Total contributions received or receivable from employer(s)2019-12-31$222,101
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2019-12-31$0
2018 : COMMUNITY FINANCIAL CORP. EMPLOYEE STOCK OWNERSHIP AND 401(K) PLAN 2018 401k financial data
Total plan liabilities at end of year2018-12-31$953
Total plan liabilities at beginning of year2018-12-31$1,095
Total income from all sources2018-12-31$447,931
Expenses. Total of all expenses incurred2018-12-31$110,392
Benefits paid (including direct rollovers)2018-12-31$109,867
Total plan assets at end of year2018-12-31$4,126,817
Total plan assets at beginning of year2018-12-31$3,789,420
Value of fidelity bond covering the plan2018-12-31$3,000,000
Total contributions received or receivable from participants2018-12-31$154,164
Expenses. Other expenses not covered elsewhere2018-12-31$525
Other income received2018-12-31$101,636
Net income (gross income less expenses)2018-12-31$337,539
Net plan assets at end of year (total assets less liabilities)2018-12-31$4,125,864
Net plan assets at beginning of year (total assets less liabilities)2018-12-31$3,788,325
Assets. Value of participant loans2018-12-31$0
Assets. Value of employer securities2018-12-31$2,361,617
Total contributions received or receivable from employer(s)2018-12-31$192,131
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2018-12-31$0
2014 : COMMUNITY FINANCIAL CORP. EMPLOYEE STOCK OWNERSHIP AND 401(K) PLAN 2014 401k financial data
Total plan liabilities at end of year2014-12-31$57,255
Total plan liabilities at beginning of year2014-12-31$110,005
Total income from all sources2014-12-31$642,095
Expenses. Total of all expenses incurred2014-12-31$49,469
Benefits paid (including direct rollovers)2014-12-31$42,903
Total plan assets at end of year2014-12-31$2,989,461
Total plan assets at beginning of year2014-12-31$2,449,585
Value of fidelity bond covering the plan2014-12-31$2,000,000
Total contributions received or receivable from participants2014-12-31$104,955
Expenses. Other expenses not covered elsewhere2014-12-31$6,050
Contributions received from other sources (not participants or employers)2014-12-31$1,823
Other income received2014-12-31$400,564
Net income (gross income less expenses)2014-12-31$592,626
Net plan assets at end of year (total assets less liabilities)2014-12-31$2,932,206
Net plan assets at beginning of year (total assets less liabilities)2014-12-31$2,339,580
Assets. Value of participant loans2014-12-31$6,242
Assets. Value of employer securities2014-12-31$1,597,958
Total contributions received or receivable from employer(s)2014-12-31$134,753
Expenses. Administrative service providers (salaries,fees and commissions)2014-12-31$516
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2014-12-31$0
2013 : COMMUNITY FINANCIAL CORP. EMPLOYEE STOCK OWNERSHIP AND 401(K) PLAN 2013 401k financial data
Total plan liabilities at end of year2013-12-31$110,005
Total plan liabilities at beginning of year2013-12-31$165,008
Total income from all sources2013-12-31$577,388
Expenses. Total of all expenses incurred2013-12-31$233,412
Benefits paid (including direct rollovers)2013-12-31$223,762
Total plan assets at end of year2013-12-31$2,449,585
Total plan assets at beginning of year2013-12-31$2,160,612
Value of fidelity bond covering the plan2013-12-31$2,000,000
Total contributions received or receivable from participants2013-12-31$105,082
Expenses. Other expenses not covered elsewhere2013-12-31$9,075
Contributions received from other sources (not participants or employers)2013-12-31$7,134
Other income received2013-12-31$332,641
Net income (gross income less expenses)2013-12-31$343,976
Net plan assets at end of year (total assets less liabilities)2013-12-31$2,339,580
Net plan assets at beginning of year (total assets less liabilities)2013-12-31$1,995,604
Assets. Value of participant loans2013-12-31$8,101
Assets. Value of employer securities2013-12-31$1,237,969
Total contributions received or receivable from employer(s)2013-12-31$132,531
Expenses. Administrative service providers (salaries,fees and commissions)2013-12-31$575
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2013-12-31$0
2012 : COMMUNITY FINANCIAL CORP. EMPLOYEE STOCK OWNERSHIP AND 401(K) PLAN 2012 401k financial data
Total plan liabilities at end of year2012-12-31$165,008
Total plan liabilities at beginning of year2012-12-31$220,010
Total income from all sources2012-12-31$591,118
Expenses. Total of all expenses incurred2012-12-31$35,743
Benefits paid (including direct rollovers)2012-12-31$23,609
Total plan assets at end of year2012-12-31$2,160,612
Total plan assets at beginning of year2012-12-31$1,660,239
Value of fidelity bond covering the plan2012-12-31$2,000,000
Total contributions received or receivable from participants2012-12-31$102,231
Expenses. Other expenses not covered elsewhere2012-12-31$12,134
Contributions received from other sources (not participants or employers)2012-12-31$68,075
Other income received2012-12-31$288,725
Net income (gross income less expenses)2012-12-31$555,375
Net plan assets at end of year (total assets less liabilities)2012-12-31$1,995,604
Net plan assets at beginning of year (total assets less liabilities)2012-12-31$1,440,229
Assets. Value of participant loans2012-12-31$2,890
Assets. Value of employer securities2012-12-31$1,085,665
Total contributions received or receivable from employer(s)2012-12-31$132,087
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2012-12-31$0
2011 : COMMUNITY FINANCIAL CORP. EMPLOYEE STOCK OWNERSHIP AND 401(K) PLAN 2011 401k financial data
Transfers to/from the plan2011-12-31$1,133,444
Total plan liabilities at end of year2011-12-31$220,010
Total income from all sources2011-12-31$323,180
Expenses. Total of all expenses incurred2011-12-31$16,395
Benefits paid (including direct rollovers)2011-12-31$6,615
Total plan assets at end of year2011-12-31$1,660,239
Total plan assets at beginning of year2011-12-31$0
Value of fidelity bond covering the plan2011-12-31$1,000,000
Total contributions received or receivable from participants2011-12-31$49,159
Contributions received from other sources (not participants or employers)2011-12-31$8,129
Other income received2011-12-31$163,476
Net income (gross income less expenses)2011-12-31$306,785
Net plan assets at end of year (total assets less liabilities)2011-12-31$1,440,229
Net plan assets at beginning of year (total assets less liabilities)2011-12-31$0
Assets. Value of participant loans2011-12-31$1,308
Assets. Value of employer securities2011-12-31$824,866
Total contributions received or receivable from employer(s)2011-12-31$102,416
Expenses. Administrative service providers (salaries,fees and commissions)2011-12-31$9,780
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2011-12-31$0

Form 5500 Responses for COMMUNITY FINANCIAL CORP. EMPLOYEE STOCK OWNERSHIP AND 401(K) PLAN

2019: COMMUNITY FINANCIAL CORP. EMPLOYEE STOCK OWNERSHIP AND 401(K) 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: COMMUNITY FINANCIAL CORP. EMPLOYEE STOCK OWNERSHIP AND 401(K) 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
2014: COMMUNITY FINANCIAL CORP. EMPLOYEE STOCK OWNERSHIP AND 401(K) 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: COMMUNITY FINANCIAL CORP. EMPLOYEE STOCK OWNERSHIP AND 401(K) 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: COMMUNITY FINANCIAL CORP. EMPLOYEE STOCK OWNERSHIP AND 401(K) 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: COMMUNITY FINANCIAL CORP. EMPLOYEE STOCK OWNERSHIP AND 401(K) PLAN 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01First time form 5500 has been submittedYes
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

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