401k Plan data: FIRST NATIONAL BANK OF SPARTA PROFIT SHARING PLAN plan

FIRST NATIONAL BANK OF SPARTA PROFIT SHARING PLAN 401k Plan overview

Plan Name	FIRST NATIONAL BANK OF SPARTA PROFIT SHARING PLAN
Plan identification number	001

FIRST NATIONAL BANK OF SPARTA PROFIT SHARING PLAN Benefits

401k Plan Type	Defined Contribution Pension
Plan Features/Benefits	Profit-sharing Stock bonus ESOP other than a leveraged ESOP - A completed Schedule E must be attached to a Form 5500 filed for an Employee Stock Ownership Plan (ESOP). The employer maintaining this ESOP is an S Corporation 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

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

Company Name: FIRST NATIONAL BANK OF SPARTA

Employer identification number (EIN): 370274480

NAIC Classification: 522110
NAIC Description: Commercial Banking

Form 5500 Filing Information

Submission information for form 5500 for 401k plan FIRST NATIONAL BANK OF SPARTA PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2023-01-01 DAVID STERNBERG 2024-03-12
001 2022-01-01 DAVID STERNBERG 2023-10-10
001 2021-01-01 DAVID STERNBERG 2022-10-13
001 2020-01-01 DAVID STERNBERG 2021-02-12
001 2020-01-01 DAVID STERNBERG 2021-02-21
001 2019-01-01 DAVID STERNBERG 2020-05-20
001 2018-01-01 DAVID STERNBERG 2019-07-09
001 2017-01-01
001 2016-01-01
001 2015-01-01
001 2014-01-01
001 2013-01-01 DAVID HAUSKINS
001 2012-01-01 DAVID L. HAUSKINS
001 2011-01-01 DAVID L. HAUSKINS
001 2009-01-01 NICOLE MEDGAARDEN

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed
001	2023-01-01	DAVID STERNBERG	2024-03-12
001	2022-01-01	DAVID STERNBERG	2023-10-10
001	2021-01-01	DAVID STERNBERG	2022-10-13
001	2020-01-01	DAVID STERNBERG	2021-02-12
001	2020-01-01	DAVID STERNBERG	2021-02-21
001	2019-01-01	DAVID STERNBERG	2020-05-20
001	2018-01-01	DAVID STERNBERG	2019-07-09
001	2017-01-01
001	2016-01-01
001	2015-01-01
001	2014-01-01
001	2013-01-01	DAVID HAUSKINS
001	2012-01-01	DAVID L. HAUSKINS
001	2011-01-01	DAVID L. HAUSKINS
001	2009-01-01	NICOLE MEDGAARDEN

Plan Statistics for FIRST NATIONAL BANK OF SPARTA PROFIT SHARING PLAN

401k plan membership statisitcs for FIRST NATIONAL BANK OF SPARTA PROFIT SHARING PLAN

Measure Date Value
2023: FIRST NATIONAL BANK OF SPARTA PROFIT SHARING PLAN 2023 401k membership
Total participants, beginning-of-year 2023-01-01 17
Total number of active participants reported on line 7a of the Form 5500 2023-01-01 13
Number of retired or separated participants receiving benefits 2023-01-01 1
Number of other retired or separated participants entitled to future benefits 2023-01-01 1
Total of all active and inactive participants 2023-01-01 15
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2023-01-01 0
Total participants 2023-01-01 15
Number of participants with account balances 2023-01-01 15
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2023-01-01 1
2022: FIRST NATIONAL BANK OF SPARTA PROFIT SHARING PLAN 2022 401k membership
Total participants, beginning-of-year 2022-01-01 18
Total number of active participants reported on line 7a of the Form 5500 2022-01-01 15
Number of retired or separated participants receiving benefits 2022-01-01 0
Number of other retired or separated participants entitled to future benefits 2022-01-01 2
Total of all active and inactive participants 2022-01-01 17
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2022-01-01 0
Total participants 2022-01-01 17
Number of participants with account balances 2022-01-01 17
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2022-01-01 0
2021: FIRST NATIONAL BANK OF SPARTA PROFIT SHARING PLAN 2021 401k membership
Total participants, beginning-of-year 2021-01-01 17
Total number of active participants reported on line 7a of the Form 5500 2021-01-01 15
Number of retired or separated participants receiving benefits 2021-01-01 0
Number of other retired or separated participants entitled to future benefits 2021-01-01 2
Total of all active and inactive participants 2021-01-01 17
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2021-01-01 0
Total participants 2021-01-01 17
Number of participants with account balances 2021-01-01 17
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2021-01-01 1
2020: FIRST NATIONAL BANK OF SPARTA PROFIT SHARING PLAN 2020 401k membership
Total participants, beginning-of-year 2020-01-01 17
Total number of active participants reported on line 7a of the Form 5500 2020-01-01 15
Number of retired or separated participants receiving benefits 2020-01-01 0
Number of other retired or separated participants entitled to future benefits 2020-01-01 1
Total of all active and inactive participants 2020-01-01 16
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2020-01-01 0
Total participants 2020-01-01 16
Number of participants with account balances 2020-01-01 16
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2020-01-01 1
2019: FIRST NATIONAL BANK OF SPARTA PROFIT SHARING PLAN 2019 401k membership
Total participants, beginning-of-year 2019-01-01 19
Total number of active participants reported on line 7a of the Form 5500 2019-01-01 15
Number of retired or separated participants receiving benefits 2019-01-01 0
Number of other retired or separated participants entitled to future benefits 2019-01-01 2
Total of all active and inactive participants 2019-01-01 17
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2019-01-01 0
Total participants 2019-01-01 17
Number of participants with account balances 2019-01-01 17
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2019-01-01 1
2018: FIRST NATIONAL BANK OF SPARTA PROFIT SHARING PLAN 2018 401k membership
Total participants, beginning-of-year 2018-01-01 20
Total number of active participants reported on line 7a of the Form 5500 2018-01-01 17
Number of retired or separated participants receiving benefits 2018-01-01 0
Number of other retired or separated participants entitled to future benefits 2018-01-01 2
Total of all active and inactive participants 2018-01-01 19
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2018-01-01 0
Total participants 2018-01-01 19
Number of participants with account balances 2018-01-01 19
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2018-01-01 1
2017: FIRST NATIONAL BANK OF SPARTA PROFIT SHARING PLAN 2017 401k membership
Total participants, beginning-of-year 2017-01-01 20
Total number of active participants reported on line 7a of the Form 5500 2017-01-01 16
Number of retired or separated participants receiving benefits 2017-01-01 0
Number of other retired or separated participants entitled to future benefits 2017-01-01 2
Total of all active and inactive participants 2017-01-01 18
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2017-01-01 0
Total participants 2017-01-01 18
Number of participants with account balances 2017-01-01 18
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2017-01-01 1
2016: FIRST NATIONAL BANK OF SPARTA PROFIT SHARING PLAN 2016 401k membership
Total participants, beginning-of-year 2016-01-01 20
Total number of active participants reported on line 7a of the Form 5500 2016-01-01 18
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 1
Total of all active and inactive participants 2016-01-01 19
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2016-01-01 0
Total participants 2016-01-01 19
Number of participants with account balances 2016-01-01 19
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2016-01-01 0
2015: FIRST NATIONAL BANK OF SPARTA PROFIT SHARING PLAN 2015 401k membership
Total participants, beginning-of-year 2015-01-01 19
Total number of active participants reported on line 7a of the Form 5500 2015-01-01 15
Number of retired or separated participants receiving benefits 2015-01-01 0
Number of other retired or separated participants entitled to future benefits 2015-01-01 2
Total of all active and inactive participants 2015-01-01 17
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2015-01-01 0
Total participants 2015-01-01 17
Number of participants with account balances 2015-01-01 17
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2015-01-01 1
2014: FIRST NATIONAL BANK OF SPARTA PROFIT SHARING PLAN 2014 401k membership
Total participants, beginning-of-year 2014-01-01 20
Total number of active participants reported on line 7a of the Form 5500 2014-01-01 17
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 2
Total of all active and inactive participants 2014-01-01 19
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2014-01-01 0
Total participants 2014-01-01 19
Number of participants with account balances 2014-01-01 19
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2014-01-01 1
2013: FIRST NATIONAL BANK OF SPARTA PROFIT SHARING PLAN 2013 401k membership
Total participants, beginning-of-year 2013-01-01 19
Total number of active participants reported on line 7a of the Form 5500 2013-01-01 16
Number of retired or separated participants receiving benefits 2013-01-01 1
Number of other retired or separated participants entitled to future benefits 2013-01-01 0
Total of all active and inactive participants 2013-01-01 17
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2013-01-01 0
Total participants 2013-01-01 17
Number of participants with account balances 2013-01-01 17
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2013-01-01 0
2012: FIRST NATIONAL BANK OF SPARTA PROFIT SHARING PLAN 2012 401k membership
Total participants, beginning-of-year 2012-01-01 20
Total number of active participants reported on line 7a of the Form 5500 2012-01-01 16
Number of retired or separated participants receiving benefits 2012-01-01 0
Number of other retired or separated participants entitled to future benefits 2012-01-01 2
Total of all active and inactive participants 2012-01-01 18
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2012-01-01 0
Total participants 2012-01-01 18
Number of participants with account balances 2012-01-01 18
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2012-01-01 1
2011: FIRST NATIONAL BANK OF SPARTA PROFIT SHARING PLAN 2011 401k membership
Total participants, beginning-of-year 2011-01-01 20
Total number of active participants reported on line 7a of the Form 5500 2011-01-01 17
Number of retired or separated participants receiving benefits 2011-01-01 0
Number of other retired or separated participants entitled to future benefits 2011-01-01 2
Total of all active and inactive participants 2011-01-01 19
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2011-01-01 0
Total participants 2011-01-01 19
Number of participants with account balances 2011-01-01 19
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2011-01-01 0
2009: FIRST NATIONAL BANK OF SPARTA PROFIT SHARING PLAN 2009 401k membership
Total participants, beginning-of-year 2009-01-01 21
Total number of active participants reported on line 7a of the Form 5500 2009-01-01 19
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 3
Total of all active and inactive participants 2009-01-01 22
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2009-01-01 0
Total participants 2009-01-01 22
Number of participants with account balances 2009-01-01 22
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2009-01-01 0

Measure	Date	Value
2023: FIRST NATIONAL BANK OF SPARTA PROFIT SHARING PLAN 2023 401k membership
Total participants, beginning-of-year	2023-01-01	17
Total number of active participants reported on line 7a of the Form 5500	2023-01-01	13
Number of retired or separated participants receiving benefits	2023-01-01	1
Number of other retired or separated participants entitled to future benefits	2023-01-01	1
Total of all active and inactive participants	2023-01-01	15
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2023-01-01	0
Total participants	2023-01-01	15
Number of participants with account balances	2023-01-01	15
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2023-01-01	1
2022: FIRST NATIONAL BANK OF SPARTA PROFIT SHARING PLAN 2022 401k membership
Total participants, beginning-of-year	2022-01-01	18
Total number of active participants reported on line 7a of the Form 5500	2022-01-01	15
Number of retired or separated participants receiving benefits	2022-01-01	0
Number of other retired or separated participants entitled to future benefits	2022-01-01	2
Total of all active and inactive participants	2022-01-01	17
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2022-01-01	0
Total participants	2022-01-01	17
Number of participants with account balances	2022-01-01	17
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2022-01-01	0
2021: FIRST NATIONAL BANK OF SPARTA PROFIT SHARING PLAN 2021 401k membership
Total participants, beginning-of-year	2021-01-01	17
Total number of active participants reported on line 7a of the Form 5500	2021-01-01	15
Number of retired or separated participants receiving benefits	2021-01-01	0
Number of other retired or separated participants entitled to future benefits	2021-01-01	2
Total of all active and inactive participants	2021-01-01	17
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2021-01-01	0
Total participants	2021-01-01	17
Number of participants with account balances	2021-01-01	17
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2021-01-01	1
2020: FIRST NATIONAL BANK OF SPARTA PROFIT SHARING PLAN 2020 401k membership
Total participants, beginning-of-year	2020-01-01	17
Total number of active participants reported on line 7a of the Form 5500	2020-01-01	15
Number of retired or separated participants receiving benefits	2020-01-01	0
Number of other retired or separated participants entitled to future benefits	2020-01-01	1
Total of all active and inactive participants	2020-01-01	16
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2020-01-01	0
Total participants	2020-01-01	16
Number of participants with account balances	2020-01-01	16
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2020-01-01	1
2019: FIRST NATIONAL BANK OF SPARTA PROFIT SHARING PLAN 2019 401k membership
Total participants, beginning-of-year	2019-01-01	19
Total number of active participants reported on line 7a of the Form 5500	2019-01-01	15
Number of retired or separated participants receiving benefits	2019-01-01	0
Number of other retired or separated participants entitled to future benefits	2019-01-01	2
Total of all active and inactive participants	2019-01-01	17
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2019-01-01	0
Total participants	2019-01-01	17
Number of participants with account balances	2019-01-01	17
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2019-01-01	1
2018: FIRST NATIONAL BANK OF SPARTA PROFIT SHARING PLAN 2018 401k membership
Total participants, beginning-of-year	2018-01-01	20
Total number of active participants reported on line 7a of the Form 5500	2018-01-01	17
Number of retired or separated participants receiving benefits	2018-01-01	0
Number of other retired or separated participants entitled to future benefits	2018-01-01	2
Total of all active and inactive participants	2018-01-01	19
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2018-01-01	0
Total participants	2018-01-01	19
Number of participants with account balances	2018-01-01	19
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2018-01-01	1
2017: FIRST NATIONAL BANK OF SPARTA PROFIT SHARING PLAN 2017 401k membership
Total participants, beginning-of-year	2017-01-01	20
Total number of active participants reported on line 7a of the Form 5500	2017-01-01	16
Number of retired or separated participants receiving benefits	2017-01-01	0
Number of other retired or separated participants entitled to future benefits	2017-01-01	2
Total of all active and inactive participants	2017-01-01	18
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2017-01-01	0
Total participants	2017-01-01	18
Number of participants with account balances	2017-01-01	18
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2017-01-01	1
2016: FIRST NATIONAL BANK OF SPARTA PROFIT SHARING PLAN 2016 401k membership
Total participants, beginning-of-year	2016-01-01	20
Total number of active participants reported on line 7a of the Form 5500	2016-01-01	18
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	1
Total of all active and inactive participants	2016-01-01	19
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2016-01-01	0
Total participants	2016-01-01	19
Number of participants with account balances	2016-01-01	19
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2016-01-01	0
2015: FIRST NATIONAL BANK OF SPARTA PROFIT SHARING PLAN 2015 401k membership
Total participants, beginning-of-year	2015-01-01	19
Total number of active participants reported on line 7a of the Form 5500	2015-01-01	15
Number of retired or separated participants receiving benefits	2015-01-01	0
Number of other retired or separated participants entitled to future benefits	2015-01-01	2
Total of all active and inactive participants	2015-01-01	17
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2015-01-01	0
Total participants	2015-01-01	17
Number of participants with account balances	2015-01-01	17
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2015-01-01	1
2014: FIRST NATIONAL BANK OF SPARTA PROFIT SHARING PLAN 2014 401k membership
Total participants, beginning-of-year	2014-01-01	20
Total number of active participants reported on line 7a of the Form 5500	2014-01-01	17
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	2
Total of all active and inactive participants	2014-01-01	19
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2014-01-01	0
Total participants	2014-01-01	19
Number of participants with account balances	2014-01-01	19
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2014-01-01	1
2013: FIRST NATIONAL BANK OF SPARTA PROFIT SHARING PLAN 2013 401k membership
Total participants, beginning-of-year	2013-01-01	19
Total number of active participants reported on line 7a of the Form 5500	2013-01-01	16
Number of retired or separated participants receiving benefits	2013-01-01	1
Number of other retired or separated participants entitled to future benefits	2013-01-01	0
Total of all active and inactive participants	2013-01-01	17
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2013-01-01	0
Total participants	2013-01-01	17
Number of participants with account balances	2013-01-01	17
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2013-01-01	0
2012: FIRST NATIONAL BANK OF SPARTA PROFIT SHARING PLAN 2012 401k membership
Total participants, beginning-of-year	2012-01-01	20
Total number of active participants reported on line 7a of the Form 5500	2012-01-01	16
Number of retired or separated participants receiving benefits	2012-01-01	0
Number of other retired or separated participants entitled to future benefits	2012-01-01	2
Total of all active and inactive participants	2012-01-01	18
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2012-01-01	0
Total participants	2012-01-01	18
Number of participants with account balances	2012-01-01	18
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2012-01-01	1
2011: FIRST NATIONAL BANK OF SPARTA PROFIT SHARING PLAN 2011 401k membership
Total participants, beginning-of-year	2011-01-01	20
Total number of active participants reported on line 7a of the Form 5500	2011-01-01	17
Number of retired or separated participants receiving benefits	2011-01-01	0
Number of other retired or separated participants entitled to future benefits	2011-01-01	2
Total of all active and inactive participants	2011-01-01	19
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2011-01-01	0
Total participants	2011-01-01	19
Number of participants with account balances	2011-01-01	19
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2011-01-01	0
2009: FIRST NATIONAL BANK OF SPARTA PROFIT SHARING PLAN 2009 401k membership
Total participants, beginning-of-year	2009-01-01	21
Total number of active participants reported on line 7a of the Form 5500	2009-01-01	19
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	3
Total of all active and inactive participants	2009-01-01	22
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2009-01-01	0
Total participants	2009-01-01	22
Number of participants with account balances	2009-01-01	22
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2009-01-01	0

Financial Data on FIRST NATIONAL BANK OF SPARTA PROFIT SHARING PLAN

Measure	Date	Value
2023 : FIRST NATIONAL BANK OF SPARTA PROFIT SHARING PLAN 2023 401k financial data
Total income from all sources	2023-12-31	$172,989
Expenses. Total of all expenses incurred	2023-12-31	$681,551
Benefits paid (including direct rollovers)	2023-12-31	$681,551
Total plan assets at end of year	2023-12-31	$1,684,310
Total plan assets at beginning of year	2023-12-31	$2,192,872
Value of fidelity bond covering the plan	2023-12-31	$2,000,000
Other income received	2023-12-31	$87,989
Net income (gross income less expenses)	2023-12-31	$-508,562
Net plan assets at end of year (total assets less liabilities)	2023-12-31	$1,684,310
Net plan assets at beginning of year (total assets less liabilities)	2023-12-31	$2,192,872
Assets. Value of employer securities	2023-12-31	$1,100,750
Total contributions received or receivable from employer(s)	2023-12-31	$85,000
2022 : FIRST NATIONAL BANK OF SPARTA PROFIT SHARING PLAN 2022 401k financial data
Total income from all sources	2022-12-31	$-36,411
Expenses. Total of all expenses incurred	2022-12-31	$6,753
Benefits paid (including direct rollovers)	2022-12-31	$6,753
Total plan assets at end of year	2022-12-31	$2,192,872
Total plan assets at beginning of year	2022-12-31	$2,236,036
Value of fidelity bond covering the plan	2022-12-31	$2,000,000
Expenses. Other expenses not covered elsewhere	2022-12-31	$0
Other income received	2022-12-31	$-121,411
Net income (gross income less expenses)	2022-12-31	$-43,164
Net plan assets at end of year (total assets less liabilities)	2022-12-31	$2,192,872
Net plan assets at beginning of year (total assets less liabilities)	2022-12-31	$2,236,036
Assets. Value of employer securities	2022-12-31	$1,164,908
Total contributions received or receivable from employer(s)	2022-12-31	$85,000
2021 : FIRST NATIONAL BANK OF SPARTA PROFIT SHARING PLAN 2021 401k financial data
Total income from all sources	2021-12-31	$336,412
Expenses. Total of all expenses incurred	2021-12-31	$0
Total plan assets at end of year	2021-12-31	$2,236,036
Total plan assets at beginning of year	2021-12-31	$1,899,624
Value of fidelity bond covering the plan	2021-12-31	$2,000,000
Other income received	2021-12-31	$251,412
Net income (gross income less expenses)	2021-12-31	$336,412
Net plan assets at end of year (total assets less liabilities)	2021-12-31	$2,236,036
Net plan assets at beginning of year (total assets less liabilities)	2021-12-31	$1,899,624
Assets. Value of employer securities	2021-12-31	$1,217,744
Total contributions received or receivable from employer(s)	2021-12-31	$85,000
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2021-12-31	$0
2020 : FIRST NATIONAL BANK OF SPARTA PROFIT SHARING PLAN 2020 401k financial data
Total income from all sources	2020-12-31	$196,635
Expenses. Total of all expenses incurred	2020-12-31	$14,079
Benefits paid (including direct rollovers)	2020-12-31	$14,079
Total plan assets at end of year	2020-12-31	$1,899,624
Total plan assets at beginning of year	2020-12-31	$1,717,068
Value of fidelity bond covering the plan	2020-12-31	$2,000,000
Other income received	2020-12-31	$111,635
Net income (gross income less expenses)	2020-12-31	$182,556
Net plan assets at end of year (total assets less liabilities)	2020-12-31	$1,899,624
Net plan assets at beginning of year (total assets less liabilities)	2020-12-31	$1,717,068
Assets. Value of employer securities	2020-12-31	$1,147,296
Total contributions received or receivable from employer(s)	2020-12-31	$85,000
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2020-12-31	$0
2019 : FIRST NATIONAL BANK OF SPARTA PROFIT SHARING PLAN 2019 401k financial data
Total income from all sources	2019-12-31	$334,226
Expenses. Total of all expenses incurred	2019-12-31	$14,052
Benefits paid (including direct rollovers)	2019-12-31	$13,018
Total plan assets at end of year	2019-12-31	$1,717,068
Total plan assets at beginning of year	2019-12-31	$1,396,894
Value of fidelity bond covering the plan	2019-12-31	$2,000,000
Expenses. Other expenses not covered elsewhere	2019-12-31	$1,034
Other income received	2019-12-31	$271,316
Net income (gross income less expenses)	2019-12-31	$320,174
Net plan assets at end of year (total assets less liabilities)	2019-12-31	$1,717,068
Net plan assets at beginning of year (total assets less liabilities)	2019-12-31	$1,396,894
Assets. Value of employer securities	2019-12-31	$1,172,456
Total contributions received or receivable from employer(s)	2019-12-31	$62,910
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2019-12-31	$0
2018 : FIRST NATIONAL BANK OF SPARTA PROFIT SHARING PLAN 2018 401k financial data
Total income from all sources	2018-12-31	$141,864
Expenses. Total of all expenses incurred	2018-12-31	$1,804
Benefits paid (including direct rollovers)	2018-12-31	$959
Total plan assets at end of year	2018-12-31	$1,396,894
Total plan assets at beginning of year	2018-12-31	$1,256,834
Value of fidelity bond covering the plan	2018-12-31	$2,000,000
Expenses. Other expenses not covered elsewhere	2018-12-31	$845
Other income received	2018-12-31	$86,864
Net income (gross income less expenses)	2018-12-31	$140,060
Net plan assets at end of year (total assets less liabilities)	2018-12-31	$1,396,894
Net plan assets at beginning of year (total assets less liabilities)	2018-12-31	$1,256,834
Assets. Value of employer securities	2018-12-31	$988,115
Total contributions received or receivable from employer(s)	2018-12-31	$55,000
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2018-12-31	$0
2017 : FIRST NATIONAL BANK OF SPARTA PROFIT SHARING PLAN 2017 401k financial data
Total income from all sources	2017-12-31	$215,344
Expenses. Total of all expenses incurred	2017-12-31	$560,417
Benefits paid (including direct rollovers)	2017-12-31	$559,332
Total plan assets at end of year	2017-12-31	$1,256,834
Total plan assets at beginning of year	2017-12-31	$1,601,907
Value of fidelity bond covering the plan	2017-12-31	$2,000,000
Expenses. Other expenses not covered elsewhere	2017-12-31	$1,085
Other income received	2017-12-31	$160,344
Net income (gross income less expenses)	2017-12-31	$-345,073
Net plan assets at end of year (total assets less liabilities)	2017-12-31	$1,256,834
Net plan assets at beginning of year (total assets less liabilities)	2017-12-31	$1,601,907
Assets. Value of employer securities	2017-12-31	$923,828
Total contributions received or receivable from employer(s)	2017-12-31	$55,000
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2017-12-31	$0
2016 : FIRST NATIONAL BANK OF SPARTA PROFIT SHARING PLAN 2016 401k financial data
Total income from all sources	2016-12-31	$125,618
Expenses. Total of all expenses incurred	2016-12-31	$15,236
Benefits paid (including direct rollovers)	2016-12-31	$15,236
Total plan assets at end of year	2016-12-31	$1,601,907
Total plan assets at beginning of year	2016-12-31	$1,491,525
Value of fidelity bond covering the plan	2016-12-31	$2,000,000
Other income received	2016-12-31	$70,618
Net income (gross income less expenses)	2016-12-31	$110,382
Net plan assets at end of year (total assets less liabilities)	2016-12-31	$1,601,907
Net plan assets at beginning of year (total assets less liabilities)	2016-12-31	$1,491,525
Assets. Value of employer securities	2016-12-31	$1,066,538
Total contributions received or receivable from employer(s)	2016-12-31	$55,000
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2016-12-31	$0
2015 : FIRST NATIONAL BANK OF SPARTA PROFIT SHARING PLAN 2015 401k financial data
Total income from all sources	2015-12-31	$158,485
Expenses. Total of all expenses incurred	2015-12-31	$219,899
Benefits paid (including direct rollovers)	2015-12-31	$218,988
Total plan assets at end of year	2015-12-31	$1,491,525
Total plan assets at beginning of year	2015-12-31	$1,552,939
Value of fidelity bond covering the plan	2015-12-31	$2,000,000
Expenses. Other expenses not covered elsewhere	2015-12-31	$911
Other income received	2015-12-31	$103,485
Net income (gross income less expenses)	2015-12-31	$-61,414
Net plan assets at end of year (total assets less liabilities)	2015-12-31	$1,491,525
Net plan assets at beginning of year (total assets less liabilities)	2015-12-31	$1,552,939
Assets. Value of employer securities	2015-12-31	$1,062,075
Total contributions received or receivable from employer(s)	2015-12-31	$55,000
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2015-12-31	$0
2014 : FIRST NATIONAL BANK OF SPARTA PROFIT SHARING PLAN 2014 401k financial data
Total income from all sources	2014-12-31	$277,050
Expenses. Total of all expenses incurred	2014-12-31	$4,534
Benefits paid (including direct rollovers)	2014-12-31	$673
Total plan assets at end of year	2014-12-31	$1,552,939
Total plan assets at beginning of year	2014-12-31	$1,280,423
Value of fidelity bond covering the plan	2014-12-31	$2,000,000
Expenses. Other expenses not covered elsewhere	2014-12-31	$3,861
Other income received	2014-12-31	$222,050
Net income (gross income less expenses)	2014-12-31	$272,516
Net plan assets at end of year (total assets less liabilities)	2014-12-31	$1,552,939
Net plan assets at beginning of year (total assets less liabilities)	2014-12-31	$1,280,423
Assets. Value of employer securities	2014-12-31	$999,600
Total contributions received or receivable from employer(s)	2014-12-31	$55,000
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2014-12-31	$0
2013 : FIRST NATIONAL BANK OF SPARTA PROFIT SHARING PLAN 2013 401k financial data
Total income from all sources	2013-12-31	$156,616
Expenses. Total of all expenses incurred	2013-12-31	$40,451
Benefits paid (including direct rollovers)	2013-12-31	$39,216
Total plan assets at end of year	2013-12-31	$1,280,423
Total plan assets at beginning of year	2013-12-31	$1,164,258
Value of fidelity bond covering the plan	2013-12-31	$2,000,000
Expenses. Other expenses not covered elsewhere	2013-12-31	$1,235
Other income received	2013-12-31	$101,616
Net income (gross income less expenses)	2013-12-31	$116,165
Net plan assets at end of year (total assets less liabilities)	2013-12-31	$1,280,423
Net plan assets at beginning of year (total assets less liabilities)	2013-12-31	$1,164,258
Assets. Value of employer securities	2013-12-31	$838,950
Total contributions received or receivable from employer(s)	2013-12-31	$55,000
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2013-12-31	$0
2012 : FIRST NATIONAL BANK OF SPARTA PROFIT SHARING PLAN 2012 401k financial data
Total income from all sources	2012-12-31	$129,742
Expenses. Total of all expenses incurred	2012-12-31	$144,369
Benefits paid (including direct rollovers)	2012-12-31	$143,699
Total plan assets at end of year	2012-12-31	$1,164,258
Total plan assets at beginning of year	2012-12-31	$1,178,885
Value of fidelity bond covering the plan	2012-12-31	$2,000,000
Expenses. Other expenses not covered elsewhere	2012-12-31	$670
Other income received	2012-12-31	$74,742
Net income (gross income less expenses)	2012-12-31	$-14,627
Net plan assets at end of year (total assets less liabilities)	2012-12-31	$1,164,258
Net plan assets at beginning of year (total assets less liabilities)	2012-12-31	$1,178,885
Assets. Value of employer securities	2012-12-31	$834,487
Total contributions received or receivable from employer(s)	2012-12-31	$55,000
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2012-12-31	$0
2011 : FIRST NATIONAL BANK OF SPARTA PROFIT SHARING PLAN 2011 401k financial data
Total income from all sources	2011-12-31	$145,896
Expenses. Total of all expenses incurred	2011-12-31	$43,798
Benefits paid (including direct rollovers)	2011-12-31	$43,128
Total plan assets at end of year	2011-12-31	$1,178,885
Total plan assets at beginning of year	2011-12-31	$1,076,787
Value of fidelity bond covering the plan	2011-12-31	$2,000,000
Expenses. Other expenses not covered elsewhere	2011-12-31	$670
Other income received	2011-12-31	$90,896
Net income (gross income less expenses)	2011-12-31	$102,098
Net plan assets at end of year (total assets less liabilities)	2011-12-31	$1,178,885
Net plan assets at beginning of year (total assets less liabilities)	2011-12-31	$1,076,787
Assets. Value of employer securities	2011-12-31	$821,100
Total contributions received or receivable from employer(s)	2011-12-31	$55,000
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2011-12-31	$0
2010 : FIRST NATIONAL BANK OF SPARTA PROFIT SHARING PLAN 2010 401k financial data
Total income from all sources	2010-12-31	$46,190
Expenses. Total of all expenses incurred	2010-12-31	$252,371
Benefits paid (including direct rollovers)	2010-12-31	$251,691
Total plan assets at end of year	2010-12-31	$1,076,787
Total plan assets at beginning of year	2010-12-31	$1,282,968
Value of fidelity bond covering the plan	2010-12-31	$2,000,000
Expenses. Other expenses not covered elsewhere	2010-12-31	$680
Other income received	2010-12-31	$-8,810
Net income (gross income less expenses)	2010-12-31	$-206,181
Net plan assets at end of year (total assets less liabilities)	2010-12-31	$1,076,787
Net plan assets at beginning of year (total assets less liabilities)	2010-12-31	$1,282,968
Assets. Value of employer securities	2010-12-31	$761,600
Total contributions received or receivable from employer(s)	2010-12-31	$55,000
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2010-12-31	$0

Form 5500 Responses for FIRST NATIONAL BANK OF SPARTA PROFIT SHARING PLAN

2023: FIRST NATIONAL BANK OF SPARTA PROFIT SHARING PLAN 2023 form 5500 responses
2023-01-01	Type of plan entity	Single employer plan
2023-01-01	Submission has been amended	No
2023-01-01	This submission is the final filing	No
2023-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2023-01-01	Plan is a collectively bargained plan	No
2023-01-01	Plan funding arrangement – Trust	Yes
2023-01-01	Plan benefit arrangement - Trust	Yes
2022: FIRST NATIONAL BANK OF SPARTA PROFIT SHARING PLAN 2022 form 5500 responses
2022-01-01	Type of plan entity	Single employer plan
2022-01-01	Submission has been amended	No
2022-01-01	This submission is the final filing	No
2022-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2022-01-01	Plan is a collectively bargained plan	No
2022-01-01	Plan funding arrangement – Trust	Yes
2022-01-01	Plan benefit arrangement - Trust	Yes
2021: FIRST NATIONAL BANK OF SPARTA PROFIT SHARING PLAN 2021 form 5500 responses
2021-01-01	Type of plan entity	Single employer plan
2021-01-01	Submission has been amended	No
2021-01-01	This submission is the final filing	No
2021-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2021-01-01	Plan is a collectively bargained plan	No
2021-01-01	Plan funding arrangement – Trust	Yes
2021-01-01	Plan benefit arrangement - Trust	Yes
2020: FIRST NATIONAL BANK OF SPARTA PROFIT SHARING PLAN 2020 form 5500 responses
2020-01-01	Type of plan entity	Single employer plan
2020-01-01	Submission has been amended	Yes
2020-01-01	This submission is the final filing	No
2020-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2020-01-01	Plan is a collectively bargained plan	No
2020-01-01	Plan funding arrangement – Trust	Yes
2020-01-01	Plan benefit arrangement - Trust	Yes
2019: FIRST NATIONAL BANK OF SPARTA PROFIT SHARING PLAN 2019 form 5500 responses
2019-01-01	Type of plan entity	Single employer plan
2019-01-01	Submission has been amended	No
2019-01-01	This submission is the final filing	No
2019-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2019-01-01	Plan is a collectively bargained plan	No
2019-01-01	Plan funding arrangement – Trust	Yes
2019-01-01	Plan benefit arrangement - Trust	Yes
2018: FIRST NATIONAL BANK OF SPARTA PROFIT SHARING PLAN 2018 form 5500 responses
2018-01-01	Type of plan entity	Single employer plan
2018-01-01	Submission has been amended	No
2018-01-01	This submission is the final filing	No
2018-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2018-01-01	Plan is a collectively bargained plan	No
2018-01-01	Plan funding arrangement – Trust	Yes
2018-01-01	Plan benefit arrangement - Trust	Yes
2017: FIRST NATIONAL BANK OF SPARTA PROFIT SHARING PLAN 2017 form 5500 responses
2017-01-01	Type of plan entity	Single employer plan
2017-01-01	Submission has been amended	No
2017-01-01	This submission is the final filing	No
2017-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2017-01-01	Plan is a collectively bargained plan	No
2017-01-01	Plan funding arrangement – Trust	Yes
2017-01-01	Plan benefit arrangement - Trust	Yes
2016: FIRST NATIONAL BANK OF SPARTA PROFIT SHARING PLAN 2016 form 5500 responses
2016-01-01	Type of plan entity	Single employer plan
2016-01-01	Submission has been amended	No
2016-01-01	This submission is the final filing	No
2016-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2016-01-01	Plan is a collectively bargained plan	No
2016-01-01	Plan funding arrangement – Trust	Yes
2016-01-01	Plan benefit arrangement - Trust	Yes
2015: FIRST NATIONAL BANK OF SPARTA PROFIT SHARING PLAN 2015 form 5500 responses
2015-01-01	Type of plan entity	Single employer plan
2015-01-01	Submission has been amended	No
2015-01-01	This submission is the final filing	No
2015-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2015-01-01	Plan is a collectively bargained plan	No
2015-01-01	Plan funding arrangement – Trust	Yes
2015-01-01	Plan benefit arrangement - Trust	Yes
2014: FIRST NATIONAL BANK OF SPARTA PROFIT SHARING PLAN 2014 form 5500 responses
2014-01-01	Type of plan entity	Single employer plan
2014-01-01	Submission has been amended	No
2014-01-01	This submission is the final filing	No
2014-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2014-01-01	Plan is a collectively bargained plan	No
2014-01-01	Plan funding arrangement – Trust	Yes
2014-01-01	Plan benefit arrangement - Trust	Yes
2013: FIRST NATIONAL BANK OF SPARTA PROFIT SHARING PLAN 2013 form 5500 responses
2013-01-01	Type of plan entity	Single employer plan
2013-01-01	Submission has been amended	No
2013-01-01	This submission is the final filing	No
2013-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2013-01-01	Plan is a collectively bargained plan	No
2013-01-01	Plan funding arrangement – Trust	Yes
2013-01-01	Plan benefit arrangement - Trust	Yes
2012: FIRST NATIONAL BANK OF SPARTA PROFIT SHARING PLAN 2012 form 5500 responses
2012-01-01	Type of plan entity	Single employer plan
2012-01-01	Submission has been amended	No
2012-01-01	This submission is the final filing	No
2012-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2012-01-01	Plan is a collectively bargained plan	No
2012-01-01	Plan funding arrangement – Trust	Yes
2012-01-01	Plan benefit arrangement - Trust	Yes
2011: FIRST NATIONAL BANK OF SPARTA PROFIT SHARING PLAN 2011 form 5500 responses
2011-01-01	Type of plan entity	Single employer plan
2011-01-01	Submission has been amended	No
2011-01-01	This submission is the final filing	No
2011-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2011-01-01	Plan is a collectively bargained plan	No
2011-01-01	Plan funding arrangement – Trust	Yes
2011-01-01	Plan benefit arrangement - Trust	Yes
2009: FIRST NATIONAL BANK OF SPARTA PROFIT SHARING PLAN 2009 form 5500 responses
2009-01-01	Type of plan entity	Single employer plan
2009-01-01	Submission has been amended	No
2009-01-01	This submission is the final filing	No
2009-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2009-01-01	Plan is a collectively bargained plan	No
2009-01-01	Plan funding arrangement – Trust	Yes
2009-01-01	Plan benefit arrangement - Trust	Yes

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Company Name:	FIRST NATIONAL BANK OF SPARTA
Employer identification number (EIN):	370274480
NAIC Classification:	522110
NAIC Description:	Commercial Banking