LAPEER COUNTY BANK & TRUST CO. TRUST DEPARTMENT has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan LAPEER COUNTY BANK & TRUST CO. PROFIT SHARING PLAN
401k plan membership statisitcs for LAPEER COUNTY BANK & TRUST CO. PROFIT SHARING PLAN
Measure | Date | Value |
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2019 : LAPEER COUNTY BANK & TRUST CO. PROFIT SHARING PLAN 2019 401k financial data |
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Unrealized appreciation/depreciation of other (non real estate) assets | 2019-12-31 | $-286,787 |
Unrealized appreciation/depreciation of other (non real estate) assets | 2019-12-31 | $-286,787 |
Total unrealized appreciation/depreciation of assets | 2019-12-31 | $-286,787 |
Total unrealized appreciation/depreciation of assets | 2019-12-31 | $-286,787 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-12-31 | $21,510 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-12-31 | $21,510 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-12-31 | $0 |
Total income from all sources (including contributions) | 2019-12-31 | $2,024,679 |
Total loss/gain on sale of assets | 2019-12-31 | $1,854,158 |
Total loss/gain on sale of assets | 2019-12-31 | $1,854,158 |
Total of all expenses incurred | 2019-12-31 | $10,581,904 |
Total of all expenses incurred | 2019-12-31 | $10,581,904 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2019-12-31 | $10,580,590 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2019-12-31 | $10,580,590 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2019-12-31 | $755,000 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2019-12-31 | $755,000 |
Value of total assets at end of year | 2019-12-31 | $21,510 |
Value of total assets at end of year | 2019-12-31 | $21,510 |
Value of total assets at beginning of year | 2019-12-31 | $8,557,225 |
Value of total assets at beginning of year | 2019-12-31 | $8,557,225 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2019-12-31 | $1,314 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2019-12-31 | $1,314 |
Total interest from all sources | 2019-12-31 | $67,200 |
Total interest from all sources | 2019-12-31 | $67,200 |
Total dividends received (eg from common stock, registered investment company shares) | 2019-12-31 | $90,804 |
Total dividends received (eg from common stock, registered investment company shares) | 2019-12-31 | $90,804 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2019-12-31 | Yes |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2019-12-31 | Yes |
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan | 2019-12-31 | $0 |
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan | 2019-12-31 | $0 |
Total dividends received from registered investment company shares (eg mutual funds) | 2019-12-31 | $40,918 |
Total dividends received from registered investment company shares (eg mutual funds) | 2019-12-31 | $40,918 |
Was this plan covered by a fidelity bond | 2019-12-31 | Yes |
Was this plan covered by a fidelity bond | 2019-12-31 | Yes |
Value of fidelity bond cover | 2019-12-31 | $2,000,000 |
Value of fidelity bond cover | 2019-12-31 | $2,000,000 |
If this is an individual account plan, was there a blackout period | 2019-12-31 | No |
If this is an individual account plan, was there a blackout period | 2019-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2019-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2019-12-31 | No |
Were there any nonexempt tranactions with any party-in-interest | 2019-12-31 | No |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2019-12-31 | $429 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2019-12-31 | $429 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2019-12-31 | $0 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2019-12-31 | $0 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2019-12-31 | $1,314 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2019-12-31 | $1,314 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2019-12-31 | $0 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2019-12-31 | $0 |
Total non interest bearing cash at end of year | 2019-12-31 | $21,081 |
Total non interest bearing cash at end of year | 2019-12-31 | $21,081 |
Total non interest bearing cash at beginning of year | 2019-12-31 | $2,248 |
Total non interest bearing cash at beginning of year | 2019-12-31 | $2,248 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2019-12-31 | 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 | 2019-12-31 | No |
Value of net income/loss | 2019-12-31 | $-8,557,225 |
Value of net income/loss | 2019-12-31 | $-8,557,225 |
Value of net assets at end of year (total assets less liabilities) | 2019-12-31 | $0 |
Value of net assets at end of year (total assets less liabilities) | 2019-12-31 | $0 |
Value of net assets at beginning of year (total assets less liabilities) | 2019-12-31 | $8,557,225 |
Value of net assets at beginning of year (total assets less liabilities) | 2019-12-31 | $8,557,225 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2019-12-31 | No |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2019-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2019-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2019-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2019-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2019-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2019-12-31 | $0 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2019-12-31 | $0 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2019-12-31 | $2,940,884 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2019-12-31 | $2,940,884 |
Income. Interest from US Government securities | 2019-12-31 | $20,516 |
Income. Interest from US Government securities | 2019-12-31 | $20,516 |
Income. Interest from corporate debt instruments | 2019-12-31 | $34,360 |
Income. Interest from corporate debt instruments | 2019-12-31 | $34,360 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2019-12-31 | $0 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2019-12-31 | $0 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2019-12-31 | $221,250 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2019-12-31 | $221,250 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2019-12-31 | $221,250 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2019-12-31 | $221,250 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2019-12-31 | $12,324 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2019-12-31 | $12,324 |
Asset value of US Government securities at end of year | 2019-12-31 | $0 |
Asset value of US Government securities at end of year | 2019-12-31 | $0 |
Asset value of US Government securities at beginning of year | 2019-12-31 | $980,719 |
Asset value of US Government securities at beginning of year | 2019-12-31 | $980,719 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2019-12-31 | $-455,696 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2019-12-31 | $-455,696 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2019-12-31 | Yes |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2019-12-31 | Yes |
Was there a failure to transmit to the plan any participant contributions | 2019-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2019-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2019-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2019-12-31 | No |
Contributions received in cash from employer | 2019-12-31 | $755,000 |
Contributions received in cash from employer | 2019-12-31 | $755,000 |
Employer contributions (assets) at end of year | 2019-12-31 | $0 |
Employer contributions (assets) at end of year | 2019-12-31 | $0 |
Employer contributions (assets) at beginning of year | 2019-12-31 | $695,990 |
Employer contributions (assets) at beginning of year | 2019-12-31 | $695,990 |
Income. Dividends from common stock | 2019-12-31 | $49,886 |
Income. Dividends from common stock | 2019-12-31 | $49,886 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2019-12-31 | $10,580,590 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2019-12-31 | $10,580,590 |
Asset. Corporate debt instrument debt (other) at end of year | 2019-12-31 | $0 |
Asset. Corporate debt instrument debt (other) at end of year | 2019-12-31 | $0 |
Asset. Corporate debt instrument debt (other) at beginning of year | 2019-12-31 | $1,243,915 |
Asset. Corporate debt instrument debt (other) at beginning of year | 2019-12-31 | $1,243,915 |
Contract administrator fees | 2019-12-31 | $1,314 |
Contract administrator fees | 2019-12-31 | $1,314 |
Assets. Corporate common stocks other than exployer securities at end of year | 2019-12-31 | $0 |
Assets. Corporate common stocks other than exployer securities at end of year | 2019-12-31 | $0 |
Assets. Corporate common stocks other than exployer securities at beginning of year | 2019-12-31 | $2,472,219 |
Assets. Corporate common stocks other than exployer securities at beginning of year | 2019-12-31 | $2,472,219 |
Liabilities. Value of benefit claims payable at end of year | 2019-12-31 | $20,196 |
Liabilities. Value of benefit claims payable at end of year | 2019-12-31 | $20,196 |
Liabilities. Value of benefit claims payable at beginning of year | 2019-12-31 | $0 |
Liabilities. Value of benefit claims payable at beginning of year | 2019-12-31 | $0 |
Did the plan have assets held for investment | 2019-12-31 | No |
Did the plan have assets held for investment | 2019-12-31 | No |
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 | 2019-12-31 | No |
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 | 2019-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2019-12-31 | Yes |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2019-12-31 | Yes |
Aggregate proceeds on sale of assets | 2019-12-31 | $14,891,420 |
Aggregate proceeds on sale of assets | 2019-12-31 | $14,891,420 |
Aggregate carrying amount (costs) on sale of assets | 2019-12-31 | $13,037,262 |
Aggregate carrying amount (costs) on sale of assets | 2019-12-31 | $13,037,262 |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2019-12-31 | Yes |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2019-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2019-12-31 | Disclaimer |
Opinion of an independent qualified public accountant for this plan | 2019-12-31 | Disclaimer |
Accountancy firm name | 2019-12-31 | CROWE LLP |
Accountancy firm EIN | 2019-12-31 | 350921680 |
Accountancy firm EIN | 2019-12-31 | 350921680 |
2018 : LAPEER COUNTY BANK & TRUST CO. PROFIT SHARING PLAN 2018 401k financial data |
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Unrealized appreciation/depreciation of other (non real estate) assets | 2018-12-31 | $-763,707 |
Total unrealized appreciation/depreciation of assets | 2018-12-31 | $-763,707 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2018-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2018-12-31 | $0 |
Total income from all sources (including contributions) | 2018-12-31 | $313,812 |
Total loss/gain on sale of assets | 2018-12-31 | $257,699 |
Total of all expenses incurred | 2018-12-31 | $636,608 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2018-12-31 | $636,608 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2018-12-31 | $703,116 |
Value of total assets at end of year | 2018-12-31 | $8,557,225 |
Value of total assets at beginning of year | 2018-12-31 | $8,880,021 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2018-12-31 | $0 |
Total interest from all sources | 2018-12-31 | $49,071 |
Total dividends received (eg from common stock, registered investment company shares) | 2018-12-31 | $154,400 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2018-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2018-12-31 | $95,737 |
Was this plan covered by a fidelity bond | 2018-12-31 | Yes |
Value of fidelity bond cover | 2018-12-31 | $2,000,000 |
If this is an individual account plan, was there a blackout period | 2018-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2018-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2018-12-31 | No |
Other income not declared elsewhere | 2018-12-31 | $44,798 |
Total non interest bearing cash at end of year | 2018-12-31 | $2,248 |
Total non interest bearing cash at beginning of year | 2018-12-31 | $0 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2018-12-31 | No |
Value of net income/loss | 2018-12-31 | $-322,796 |
Value of net assets at end of year (total assets less liabilities) | 2018-12-31 | $8,557,225 |
Value of net assets at beginning of year (total assets less liabilities) | 2018-12-31 | $8,880,021 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2018-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2018-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2018-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2018-12-31 | $2,940,884 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2018-12-31 | $3,109,803 |
Income. Interest from US Government securities | 2018-12-31 | $12,266 |
Income. Interest from corporate debt instruments | 2018-12-31 | $34,969 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2018-12-31 | $221,250 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2018-12-31 | $210,992 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2018-12-31 | $210,992 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2018-12-31 | $1,836 |
Asset value of US Government securities at end of year | 2018-12-31 | $980,719 |
Asset value of US Government securities at beginning of year | 2018-12-31 | $879,807 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2018-12-31 | $-131,565 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2018-12-31 | Yes |
Was there a failure to transmit to the plan any participant contributions | 2018-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2018-12-31 | No |
Contributions received in cash from employer | 2018-12-31 | $703,116 |
Employer contributions (assets) at end of year | 2018-12-31 | $695,990 |
Employer contributions (assets) at beginning of year | 2018-12-31 | $551,093 |
Income. Dividends from common stock | 2018-12-31 | $58,663 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2018-12-31 | $636,608 |
Asset. Corporate debt instrument debt (other) at end of year | 2018-12-31 | $1,243,915 |
Asset. Corporate debt instrument debt (other) at beginning of year | 2018-12-31 | $1,029,819 |
Assets. Corporate common stocks other than exployer securities at end of year | 2018-12-31 | $2,472,219 |
Assets. Corporate common stocks other than exployer securities at beginning of year | 2018-12-31 | $3,098,507 |
Did the plan have assets held for investment | 2018-12-31 | 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 | 2018-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2018-12-31 | No |
Aggregate proceeds on sale of assets | 2018-12-31 | $1,463,692 |
Aggregate carrying amount (costs) on sale of assets | 2018-12-31 | $1,205,993 |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2018-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2018-12-31 | Disclaimer |
Accountancy firm name | 2018-12-31 | CROWE LLP |
Accountancy firm EIN | 2018-12-31 | 350921680 |
2017 : LAPEER COUNTY BANK & TRUST CO. PROFIT SHARING PLAN 2017 401k financial data |
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Unrealized appreciation/depreciation of other (non real estate) assets | 2017-12-31 | $405,135 |
Total unrealized appreciation/depreciation of assets | 2017-12-31 | $405,135 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2017-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2017-12-31 | $0 |
Total income from all sources (including contributions) | 2017-12-31 | $1,619,158 |
Total loss/gain on sale of assets | 2017-12-31 | $142,975 |
Total of all expenses incurred | 2017-12-31 | $1,077,973 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2017-12-31 | $1,077,973 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2017-12-31 | $551,093 |
Value of total assets at end of year | 2017-12-31 | $8,880,021 |
Value of total assets at beginning of year | 2017-12-31 | $8,338,836 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2017-12-31 | $0 |
Total interest from all sources | 2017-12-31 | $43,433 |
Total dividends received (eg from common stock, registered investment company shares) | 2017-12-31 | $156,742 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2017-12-31 | No |
Was this plan covered by a fidelity bond | 2017-12-31 | Yes |
Value of fidelity bond cover | 2017-12-31 | $2,000,000 |
If this is an individual account plan, was there a blackout period | 2017-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2017-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2017-12-31 | No |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2017-12-31 | $0 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2017-12-31 | $1,233 |
Other income not declared elsewhere | 2017-12-31 | $-1,233 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2017-12-31 | No |
Value of net income/loss | 2017-12-31 | $541,185 |
Value of net assets at end of year (total assets less liabilities) | 2017-12-31 | $8,880,021 |
Value of net assets at beginning of year (total assets less liabilities) | 2017-12-31 | $8,338,836 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2017-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2017-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2017-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2017-12-31 | $3,109,803 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2017-12-31 | $2,784,194 |
Income. Interest from US Government securities | 2017-12-31 | $11,191 |
Income. Interest from corporate debt instruments | 2017-12-31 | $31,334 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2017-12-31 | $210,992 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2017-12-31 | $65,298 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2017-12-31 | $65,298 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2017-12-31 | $908 |
Asset value of US Government securities at end of year | 2017-12-31 | $879,807 |
Asset value of US Government securities at beginning of year | 2017-12-31 | $1,006,720 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2017-12-31 | $321,013 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2017-12-31 | Yes |
Was there a failure to transmit to the plan any participant contributions | 2017-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2017-12-31 | No |
Contributions received in cash from employer | 2017-12-31 | $551,093 |
Employer contributions (assets) at end of year | 2017-12-31 | $551,093 |
Employer contributions (assets) at beginning of year | 2017-12-31 | $317,000 |
Income. Dividends from preferred stock | 2017-12-31 | $54,812 |
Income. Dividends from common stock | 2017-12-31 | $101,930 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2017-12-31 | $1,077,973 |
Asset. Corporate debt instrument debt (other) at end of year | 2017-12-31 | $1,029,819 |
Asset. Corporate debt instrument debt (other) at beginning of year | 2017-12-31 | $1,230,346 |
Assets. Corporate common stocks other than exployer securities at end of year | 2017-12-31 | $3,098,507 |
Assets. Corporate common stocks other than exployer securities at beginning of year | 2017-12-31 | $2,934,045 |
Did the plan have assets held for investment | 2017-12-31 | 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 | 2017-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2017-12-31 | No |
Aggregate proceeds on sale of assets | 2017-12-31 | $1,856,490 |
Aggregate carrying amount (costs) on sale of assets | 2017-12-31 | $1,713,515 |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2017-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2017-12-31 | Disclaimer |
Accountancy firm name | 2017-12-31 | CROWE LLP |
Accountancy firm EIN | 2017-12-31 | 350921680 |
2016 : LAPEER COUNTY BANK & TRUST CO. PROFIT SHARING PLAN 2016 401k financial data |
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Unrealized appreciation/depreciation of other (non real estate) assets | 2016-12-31 | $70,880 |
Total unrealized appreciation/depreciation of assets | 2016-12-31 | $70,880 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2016-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2016-12-31 | $0 |
Total income from all sources (including contributions) | 2016-12-31 | $782,067 |
Total loss/gain on sale of assets | 2016-12-31 | $82,364 |
Total of all expenses incurred | 2016-12-31 | $408,709 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2016-12-31 | $408,709 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2016-12-31 | $317,000 |
Value of total assets at end of year | 2016-12-31 | $8,338,836 |
Value of total assets at beginning of year | 2016-12-31 | $7,965,478 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2016-12-31 | $0 |
Total interest from all sources | 2016-12-31 | $47,376 |
Total dividends received (eg from common stock, registered investment company shares) | 2016-12-31 | $127,462 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2016-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2016-12-31 | $85,794 |
Was this plan covered by a fidelity bond | 2016-12-31 | Yes |
Value of fidelity bond cover | 2016-12-31 | $2,000,000 |
If this is an individual account plan, was there a blackout period | 2016-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2016-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2016-12-31 | No |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2016-12-31 | $1,233 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2016-12-31 | $0 |
Other income not declared elsewhere | 2016-12-31 | $1,233 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2016-12-31 | No |
Value of net income/loss | 2016-12-31 | $373,358 |
Value of net assets at end of year (total assets less liabilities) | 2016-12-31 | $8,338,836 |
Value of net assets at beginning of year (total assets less liabilities) | 2016-12-31 | $7,965,478 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2016-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2016-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2016-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2016-12-31 | $2,784,194 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2016-12-31 | $2,952,178 |
Income. Interest from US Government securities | 2016-12-31 | $13,971 |
Income. Interest from corporate debt instruments | 2016-12-31 | $32,749 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2016-12-31 | $65,298 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2016-12-31 | $136,125 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2016-12-31 | $136,125 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2016-12-31 | $656 |
Asset value of US Government securities at end of year | 2016-12-31 | $1,006,720 |
Asset value of US Government securities at beginning of year | 2016-12-31 | $840,758 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2016-12-31 | $135,752 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2016-12-31 | Yes |
Was there a failure to transmit to the plan any participant contributions | 2016-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2016-12-31 | No |
Contributions received in cash from employer | 2016-12-31 | $317,000 |
Employer contributions (assets) at end of year | 2016-12-31 | $317,000 |
Employer contributions (assets) at beginning of year | 2016-12-31 | $357,800 |
Income. Dividends from common stock | 2016-12-31 | $41,668 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2016-12-31 | $408,709 |
Asset. Corporate debt instrument debt (other) at end of year | 2016-12-31 | $1,230,346 |
Asset. Corporate debt instrument debt (other) at beginning of year | 2016-12-31 | $1,182,658 |
Assets. Corporate common stocks other than exployer securities at end of year | 2016-12-31 | $2,934,045 |
Assets. Corporate common stocks other than exployer securities at beginning of year | 2016-12-31 | $2,495,959 |
Did the plan have assets held for investment | 2016-12-31 | 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 | 2016-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2016-12-31 | No |
Aggregate proceeds on sale of assets | 2016-12-31 | $2,003,478 |
Aggregate carrying amount (costs) on sale of assets | 2016-12-31 | $1,921,114 |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2016-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2016-12-31 | Disclaimer |
Accountancy firm name | 2016-12-31 | CROWE HORWATH LLP |
Accountancy firm EIN | 2016-12-31 | 350921680 |
2015 : LAPEER COUNTY BANK & TRUST CO. PROFIT SHARING PLAN 2015 401k financial data |
---|
Unrealized appreciation/depreciation of other (non real estate) assets | 2015-12-31 | $-206,167 |
Total unrealized appreciation/depreciation of assets | 2015-12-31 | $-206,167 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2015-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2015-12-31 | $0 |
Total income from all sources (including contributions) | 2015-12-31 | $406,322 |
Total loss/gain on sale of assets | 2015-12-31 | $244,238 |
Total of all expenses incurred | 2015-12-31 | $499,143 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2015-12-31 | $499,143 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2015-12-31 | $357,800 |
Value of total assets at end of year | 2015-12-31 | $7,965,478 |
Value of total assets at beginning of year | 2015-12-31 | $8,058,299 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2015-12-31 | $0 |
Total interest from all sources | 2015-12-31 | $53,257 |
Total dividends received (eg from common stock, registered investment company shares) | 2015-12-31 | $105,799 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2015-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2015-12-31 | $49,289 |
Was this plan covered by a fidelity bond | 2015-12-31 | Yes |
Value of fidelity bond cover | 2015-12-31 | $2,000,000 |
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 |
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 | $-92,821 |
Value of net assets at end of year (total assets less liabilities) | 2015-12-31 | $7,965,478 |
Value of net assets at beginning of year (total assets less liabilities) | 2015-12-31 | $8,058,299 |
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 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2015-12-31 | $2,952,178 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2015-12-31 | $2,535,409 |
Income. Interest from US Government securities | 2015-12-31 | $15,662 |
Income. Interest from corporate debt instruments | 2015-12-31 | $37,435 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2015-12-31 | $136,125 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2015-12-31 | $283,211 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2015-12-31 | $283,211 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2015-12-31 | $160 |
Asset value of US Government securities at end of year | 2015-12-31 | $840,758 |
Asset value of US Government securities at beginning of year | 2015-12-31 | $726,583 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2015-12-31 | $-148,605 |
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 | $357,800 |
Employer contributions (assets) at end of year | 2015-12-31 | $357,800 |
Employer contributions (assets) at beginning of year | 2015-12-31 | $364,000 |
Income. Dividends from common stock | 2015-12-31 | $56,510 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2015-12-31 | $499,143 |
Asset. Corporate debt instrument debt (other) at end of year | 2015-12-31 | $1,182,658 |
Asset. Corporate debt instrument debt (other) at beginning of year | 2015-12-31 | $1,125,215 |
Assets. Corporate common stocks other than exployer securities at end of year | 2015-12-31 | $2,495,959 |
Assets. Corporate common stocks other than exployer securities at beginning of year | 2015-12-31 | $3,023,881 |
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 |
Aggregate proceeds on sale of assets | 2015-12-31 | $2,078,061 |
Aggregate carrying amount (costs) on sale of assets | 2015-12-31 | $1,833,823 |
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 : LAPEER COUNTY BANK & TRUST CO. PROFIT SHARING PLAN 2014 401k financial data |
---|
Unrealized appreciation/depreciation of other (non real estate) assets | 2014-12-31 | $50,488 |
Total unrealized appreciation/depreciation of assets | 2014-12-31 | $50,488 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2014-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2014-12-31 | $0 |
Total income from all sources (including contributions) | 2014-12-31 | $903,037 |
Total loss/gain on sale of assets | 2014-12-31 | $200,424 |
Total of all expenses incurred | 2014-12-31 | $175,514 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2014-12-31 | $175,514 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2014-12-31 | $364,000 |
Value of total assets at end of year | 2014-12-31 | $8,058,299 |
Value of total assets at beginning of year | 2014-12-31 | $7,330,776 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2014-12-31 | $0 |
Total interest from all sources | 2014-12-31 | $48,308 |
Total dividends received (eg from common stock, registered investment company shares) | 2014-12-31 | $112,307 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2014-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2014-12-31 | $38,668 |
Was this plan covered by a fidelity bond | 2014-12-31 | Yes |
Value of fidelity bond cover | 2014-12-31 | $4,000,000 |
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 |
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 | $727,523 |
Value of net assets at end of year (total assets less liabilities) | 2014-12-31 | $8,058,299 |
Value of net assets at beginning of year (total assets less liabilities) | 2014-12-31 | $7,330,776 |
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 | $2,535,409 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2014-12-31 | $2,463,303 |
Income. Interest from US Government securities | 2014-12-31 | $16,274 |
Income. Interest from corporate debt instruments | 2014-12-31 | $31,970 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2014-12-31 | $283,211 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2014-12-31 | $260,319 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2014-12-31 | $260,319 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2014-12-31 | $64 |
Asset value of US Government securities at end of year | 2014-12-31 | $726,583 |
Asset value of US Government securities at beginning of year | 2014-12-31 | $642,683 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2014-12-31 | $127,510 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2014-12-31 | Yes |
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 | $364,000 |
Employer contributions (assets) at end of year | 2014-12-31 | $364,000 |
Employer contributions (assets) at beginning of year | 2014-12-31 | $346,000 |
Income. Dividends from common stock | 2014-12-31 | $73,639 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2014-12-31 | $175,514 |
Asset. Corporate debt instrument debt (other) at end of year | 2014-12-31 | $1,125,215 |
Asset. Corporate debt instrument debt (other) at beginning of year | 2014-12-31 | $1,173,441 |
Assets. Corporate common stocks other than exployer securities at end of year | 2014-12-31 | $3,023,881 |
Assets. Corporate common stocks other than exployer securities at beginning of year | 2014-12-31 | $2,445,030 |
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 |
Aggregate proceeds on sale of assets | 2014-12-31 | $2,110,945 |
Aggregate carrying amount (costs) on sale of assets | 2014-12-31 | $1,910,521 |
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 |
2013 : LAPEER COUNTY BANK & TRUST CO. PROFIT SHARING PLAN 2013 401k financial data |
---|
Unrealized appreciation/depreciation of other (non real estate) assets | 2013-12-31 | $403,026 |
Total unrealized appreciation/depreciation of assets | 2013-12-31 | $403,026 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2013-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2013-12-31 | $0 |
Total income from all sources (including contributions) | 2013-12-31 | $1,293,217 |
Total loss/gain on sale of assets | 2013-12-31 | $182,469 |
Total of all expenses incurred | 2013-12-31 | $140,299 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2013-12-31 | $140,299 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2013-12-31 | $346,000 |
Value of total assets at end of year | 2013-12-31 | $7,330,776 |
Value of total assets at beginning of year | 2013-12-31 | $6,177,858 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2013-12-31 | $0 |
Total interest from all sources | 2013-12-31 | $48,952 |
Total dividends received (eg from common stock, registered investment company shares) | 2013-12-31 | $89,265 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2013-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2013-12-31 | $34,069 |
Was this plan covered by a fidelity bond | 2013-12-31 | Yes |
Value of fidelity bond cover | 2013-12-31 | $4,000,000 |
If this is an individual account plan, was there a blackout period | 2013-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2013-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2013-12-31 | 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 | 2013-12-31 | No |
Value of net income/loss | 2013-12-31 | $1,152,918 |
Value of net assets at end of year (total assets less liabilities) | 2013-12-31 | $7,330,776 |
Value of net assets at beginning of year (total assets less liabilities) | 2013-12-31 | $6,177,858 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2013-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2013-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2013-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2013-12-31 | $2,463,303 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2013-12-31 | $1,744,722 |
Income. Interest from US Government securities | 2013-12-31 | $10,477 |
Income. Interest from corporate debt instruments | 2013-12-31 | $38,260 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2013-12-31 | $260,319 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2013-12-31 | $349,136 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2013-12-31 | $349,136 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2013-12-31 | $215 |
Asset value of US Government securities at end of year | 2013-12-31 | $642,683 |
Asset value of US Government securities at beginning of year | 2013-12-31 | $411,320 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2013-12-31 | $223,505 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2013-12-31 | Yes |
Was there a failure to transmit to the plan any participant contributions | 2013-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2013-12-31 | No |
Contributions received in cash from employer | 2013-12-31 | $346,000 |
Employer contributions (assets) at end of year | 2013-12-31 | $346,000 |
Employer contributions (assets) at beginning of year | 2013-12-31 | $186,000 |
Income. Dividends from common stock | 2013-12-31 | $55,196 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2013-12-31 | $140,299 |
Asset. Corporate debt instrument debt (other) at end of year | 2013-12-31 | $1,173,441 |
Asset. Corporate debt instrument debt (other) at beginning of year | 2013-12-31 | $986,209 |
Assets. Corporate common stocks other than exployer securities at end of year | 2013-12-31 | $2,445,030 |
Assets. Corporate common stocks other than exployer securities at beginning of year | 2013-12-31 | $2,500,471 |
Did the plan have assets held for investment | 2013-12-31 | 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 | 2013-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2013-12-31 | No |
Aggregate proceeds on sale of assets | 2013-12-31 | $1,357,046 |
Aggregate carrying amount (costs) on sale of assets | 2013-12-31 | $1,174,577 |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2013-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2013-12-31 | Disclaimer |
Accountancy firm name | 2013-12-31 | CROWE HORWATH LLP |
Accountancy firm EIN | 2013-12-31 | 350921680 |
2012 : LAPEER COUNTY BANK & TRUST CO. PROFIT SHARING PLAN 2012 401k financial data |
---|
Unrealized appreciation/depreciation of other (non real estate) assets | 2012-12-31 | $321,397 |
Total unrealized appreciation/depreciation of assets | 2012-12-31 | $321,397 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2012-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2012-12-31 | $0 |
Total income from all sources (including contributions) | 2012-12-31 | $719,667 |
Total loss/gain on sale of assets | 2012-12-31 | $-105,776 |
Total of all expenses incurred | 2012-12-31 | $456,347 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2012-12-31 | $456,347 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2012-12-31 | $186,000 |
Value of total assets at end of year | 2012-12-31 | $6,177,858 |
Value of total assets at beginning of year | 2012-12-31 | $5,914,538 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2012-12-31 | $0 |
Total interest from all sources | 2012-12-31 | $44,000 |
Total dividends received (eg from common stock, registered investment company shares) | 2012-12-31 | $95,800 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2012-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2012-12-31 | $39,886 |
Was this plan covered by a fidelity bond | 2012-12-31 | Yes |
Value of fidelity bond cover | 2012-12-31 | $4,000,000 |
If this is an individual account plan, was there a blackout period | 2012-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2012-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2012-12-31 | 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 | 2012-12-31 | No |
Value of net income/loss | 2012-12-31 | $263,320 |
Value of net assets at end of year (total assets less liabilities) | 2012-12-31 | $6,177,858 |
Value of net assets at beginning of year (total assets less liabilities) | 2012-12-31 | $5,914,538 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2012-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2012-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2012-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2012-12-31 | $1,744,722 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2012-12-31 | $2,044,143 |
Income. Interest from US Government securities | 2012-12-31 | $8,406 |
Income. Interest from corporate debt instruments | 2012-12-31 | $35,106 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2012-12-31 | $349,136 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2012-12-31 | $194,234 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2012-12-31 | $194,234 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2012-12-31 | $488 |
Asset value of US Government securities at end of year | 2012-12-31 | $411,320 |
Asset value of US Government securities at beginning of year | 2012-12-31 | $300,720 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2012-12-31 | $178,246 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2012-12-31 | Yes |
Was there a failure to transmit to the plan any participant contributions | 2012-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2012-12-31 | No |
Contributions received in cash from employer | 2012-12-31 | $186,000 |
Employer contributions (assets) at end of year | 2012-12-31 | $186,000 |
Employer contributions (assets) at beginning of year | 2012-12-31 | $212,000 |
Income. Dividends from common stock | 2012-12-31 | $55,914 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2012-12-31 | $456,347 |
Asset. Corporate debt instrument debt (other) at end of year | 2012-12-31 | $986,209 |
Asset. Corporate debt instrument debt (other) at beginning of year | 2012-12-31 | $864,112 |
Assets. Corporate common stocks other than exployer securities at end of year | 2012-12-31 | $2,500,471 |
Assets. Corporate common stocks other than exployer securities at beginning of year | 2012-12-31 | $2,299,329 |
Did the plan have assets held for investment | 2012-12-31 | 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 | 2012-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2012-12-31 | No |
Aggregate proceeds on sale of assets | 2012-12-31 | $1,612,035 |
Aggregate carrying amount (costs) on sale of assets | 2012-12-31 | $1,717,811 |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2012-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2012-12-31 | Disclaimer |
Accountancy firm name | 2012-12-31 | CROWE HORWATH LLP |
Accountancy firm EIN | 2012-12-31 | 350921680 |
2011 : LAPEER COUNTY BANK & TRUST CO. PROFIT SHARING PLAN 2011 401k financial data |
---|
Total unrealized appreciation/depreciation of assets | 2011-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2011-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2011-12-31 | $0 |
Total income from all sources (including contributions) | 2011-12-31 | $-16,431 |
Total loss/gain on sale of assets | 2011-12-31 | $0 |
Total of all expenses incurred | 2011-12-31 | $46,504 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2011-12-31 | $46,504 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2011-12-31 | $212,000 |
Value of total assets at end of year | 2011-12-31 | $5,914,538 |
Value of total assets at beginning of year | 2011-12-31 | $5,977,473 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2011-12-31 | $0 |
Total interest from all sources | 2011-12-31 | $32,010 |
Total dividends received (eg from common stock, registered investment company shares) | 2011-12-31 | $103,785 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2011-12-31 | No |
Was this plan covered by a fidelity bond | 2011-12-31 | Yes |
Value of fidelity bond cover | 2011-12-31 | $500,000 |
If this is an individual account plan, was there a blackout period | 2011-12-31 | No |
Were there any nonexempt tranactions with any party-in-interest | 2011-12-31 | 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 | 2011-12-31 | No |
Value of net income/loss | 2011-12-31 | $-62,935 |
Value of net assets at end of year (total assets less liabilities) | 2011-12-31 | $5,914,538 |
Value of net assets at beginning of year (total assets less liabilities) | 2011-12-31 | $5,977,473 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2011-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2011-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2011-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2011-12-31 | $2,044,143 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2011-12-31 | $1,108,221 |
Income. Interest from US Government securities | 2011-12-31 | $3,069 |
Income. Interest from corporate debt instruments | 2011-12-31 | $28,318 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2011-12-31 | $194,234 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2011-12-31 | $2,512,701 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2011-12-31 | $2,512,701 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2011-12-31 | $623 |
Asset value of US Government securities at end of year | 2011-12-31 | $300,720 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2011-12-31 | $-364,226 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2011-12-31 | Yes |
Was there a failure to transmit to the plan any participant contributions | 2011-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2011-12-31 | No |
Contributions received in cash from employer | 2011-12-31 | $212,000 |
Employer contributions (assets) at end of year | 2011-12-31 | $212,000 |
Employer contributions (assets) at beginning of year | 2011-12-31 | $75,000 |
Income. Dividends from common stock | 2011-12-31 | $103,785 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2011-12-31 | $46,504 |
Asset. Corporate debt instrument debt (other) at end of year | 2011-12-31 | $864,112 |
Assets. Corporate common stocks other than exployer securities at end of year | 2011-12-31 | $2,299,329 |
Assets. Corporate common stocks other than exployer securities at beginning of year | 2011-12-31 | $2,281,551 |
Did the plan have assets held for investment | 2011-12-31 | 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 | 2011-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2011-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2011-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2011-12-31 | Disclaimer |
Accountancy firm name | 2011-12-31 | REHMANN ACCOUNTING, LLC |
Accountancy firm EIN | 2011-12-31 | 383635706 |
2010 : LAPEER COUNTY BANK & TRUST CO. PROFIT SHARING PLAN 2010 401k financial data |
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Total unrealized appreciation/depreciation of assets | 2010-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2010-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2010-12-31 | $0 |
Total income from all sources (including contributions) | 2010-12-31 | $747,252 |
Total loss/gain on sale of assets | 2010-12-31 | $0 |
Total of all expenses incurred | 2010-12-31 | $239,842 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2010-12-31 | $239,842 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2010-12-31 | $75,000 |
Value of total assets at end of year | 2010-12-31 | $5,977,473 |
Value of total assets at beginning of year | 2010-12-31 | $5,470,063 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2010-12-31 | $0 |
Total interest from all sources | 2010-12-31 | $26,274 |
Total dividends received (eg from common stock, registered investment company shares) | 2010-12-31 | $113,975 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2010-12-31 | No |
Was this plan covered by a fidelity bond | 2010-12-31 | Yes |
Value of fidelity bond cover | 2010-12-31 | $500,000 |
If this is an individual account plan, was there a blackout period | 2010-12-31 | No |
Were there any nonexempt tranactions with any party-in-interest | 2010-12-31 | 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 | 2010-12-31 | No |
Value of net income/loss | 2010-12-31 | $507,410 |
Value of net assets at end of year (total assets less liabilities) | 2010-12-31 | $5,977,473 |
Value of net assets at beginning of year (total assets less liabilities) | 2010-12-31 | $5,470,063 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2010-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2010-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2010-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2010-12-31 | $1,108,221 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2010-12-31 | $3,939,623 |
Interest earned on other investments | 2010-12-31 | $16,854 |
Income. Interest from US Government securities | 2010-12-31 | $9,236 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2010-12-31 | $2,512,701 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2010-12-31 | $99,036 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2010-12-31 | $99,036 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2010-12-31 | $184 |
Asset value of US Government securities at beginning of year | 2010-12-31 | $373,340 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2010-12-31 | $532,003 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2010-12-31 | Yes |
Was there a failure to transmit to the plan any participant contributions | 2010-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2010-12-31 | No |
Contributions received in cash from employer | 2010-12-31 | $75,000 |
Employer contributions (assets) at end of year | 2010-12-31 | $75,000 |
Employer contributions (assets) at beginning of year | 2010-12-31 | $52,000 |
Income. Dividends from common stock | 2010-12-31 | $113,975 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2010-12-31 | $239,842 |
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2010-12-31 | No |
Assets. Corporate common stocks other than exployer securities at end of year | 2010-12-31 | $2,281,551 |
Assets. Corporate common stocks other than exployer securities at beginning of year | 2010-12-31 | $1,006,064 |
Did the plan have assets held for investment | 2010-12-31 | 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 | 2010-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2010-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2010-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2010-12-31 | Disclaimer |
Accountancy firm name | 2010-12-31 | REHMANN ACCOUNTING |
Accountancy firm EIN | 2010-12-31 | 383635706 |