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COMMUNITY BANK OF LEMONT 401(K) PLAN 401k Plan overview

Plan NameCOMMUNITY BANK OF LEMONT 401(K) PLAN
Plan identification number 001

COMMUNITY BANK OF LEMONT 401(K) PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Profit-sharing
  • 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

FDIC AS RECIVER FOR COMMUNITY BANK OF LEMONT has sponsored the creation of one or more 401k plans.

Company Name:FDIC AS RECIVER FOR COMMUNITY BANK OF LEMONT
Employer identification number (EIN):364365945
NAIC Classification:522110
NAIC Description:Commercial Banking

Form 5500 Filing Information

Submission information for form 5500 for 401k plan COMMUNITY BANK OF LEMONT 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012011-01-01FDIC AS RECEIVER BY DEBRA FOSTER
0012009-01-01FDIC AS RECEIVER BY DEBRA FOSTER

Plan Statistics for COMMUNITY BANK OF LEMONT 401(K) PLAN

401k plan membership statisitcs for COMMUNITY BANK OF LEMONT 401(K) PLAN

Measure Date Value
2011: COMMUNITY BANK OF LEMONT 401(K) PLAN 2011 401k membership
Total participants, beginning-of-year2011-01-0112
Total number of active participants reported on line 7a of the Form 55002011-01-010
Number of retired or separated participants receiving benefits2011-01-010
Number of other retired or separated participants entitled to future benefits2011-01-010
Total of all active and inactive participants2011-01-010
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-010
Total participants2011-01-010
Number of participants with account balances2011-01-010
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-010
2009: COMMUNITY BANK OF LEMONT 401(K) PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-0121
Total number of active participants reported on line 7a of the Form 55002009-01-0119
Number of retired or separated participants receiving benefits2009-01-010
Number of other retired or separated participants entitled to future benefits2009-01-011
Total of all active and inactive participants2009-01-0120
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-010
Total participants2009-01-0120
Number of participants with account balances2009-01-0112
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-010

Financial Data on COMMUNITY BANK OF LEMONT 401(K) PLAN

Measure Date Value
2011 : COMMUNITY BANK OF LEMONT 401(K) PLAN 2011 401k financial data
Total income from all sources2011-03-17$0
Expenses. Total of all expenses incurred2011-03-17$216,311
Benefits paid (including direct rollovers)2011-03-17$216,311
Total plan assets at end of year2011-03-17$0
Total plan assets at beginning of year2011-03-17$216,311
Net income (gross income less expenses)2011-03-17$-216,311
Net plan assets at end of year (total assets less liabilities)2011-03-17$0
Net plan assets at beginning of year (total assets less liabilities)2011-03-17$216,311
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2011-03-17$0
2010 : COMMUNITY BANK OF LEMONT 401(K) PLAN 2010 401k financial data
Total income from all sources2010-12-31$700
Expenses. Total of all expenses incurred2010-12-31$0
Total plan assets at end of year2010-12-31$216,311
Total plan assets at beginning of year2010-12-31$215,611
Other income received2010-12-31$700
Net income (gross income less expenses)2010-12-31$700
Net plan assets at end of year (total assets less liabilities)2010-12-31$216,311
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$215,611
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2010-12-31$0
2009 : COMMUNITY BANK OF LEMONT 401(K) 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 COMMUNITY BANK OF LEMONT 401(K) PLAN

2011: COMMUNITY BANK OF LEMONT 401(K) 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 filingYes
2011-01-01This return/report is a short plan year return/report (less than 12 months)Yes
2011-01-01Plan is a collectively bargained planNo
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement - TrustYes
2009: COMMUNITY BANK OF LEMONT 401(K) 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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