MACATAWA BANK has sponsored the creation of one or more 401k plans.
| Measure | Date | Value |
|---|
| 2024 : MACATAWA BANK 401(K) PLAN 2024 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2024-01-01 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2024-01-01 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2024-01-01 | $0 |
| Total income from all sources (including contributions) | 2024-01-01 | $8,822,795 |
| Total loss/gain on sale of assets | 2024-01-01 | $0 |
| Total of all expenses incurred | 2024-01-01 | $46,804,714 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2024-01-01 | $46,610,649 |
| Value of total corrective distributions | 2024-01-01 | $62,513 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2024-01-01 | $1,589,318 |
| Value of total assets at end of year | 2024-01-01 | $0 |
| Value of total assets at beginning of year | 2024-01-01 | $37,981,919 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2024-01-01 | $131,552 |
| Total interest from all sources | 2024-01-01 | $4,444 |
| Total dividends received (eg from common stock, registered investment company shares) | 2024-01-01 | $7 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2024-01-01 | Yes |
| Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan | 2024-01-01 | $0 |
| Total dividends received from registered investment company shares (eg mutual funds) | 2024-01-01 | $7 |
| Was this plan covered by a fidelity bond | 2024-01-01 | Yes |
| Value of fidelity bond cover | 2024-01-01 | $10,000,000 |
| If this is an individual account plan, was there a blackout period | 2024-01-01 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2024-01-01 | No |
| Contributions received from participants | 2024-01-01 | $1,014,084 |
| Participant contributions at end of year | 2024-01-01 | $0 |
| Participant contributions at beginning of year | 2024-01-01 | $150,065 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2024-01-01 | $90,143 |
| Other income not declared elsewhere | 2024-01-01 | $680,740 |
| Administrative expenses (other) incurred | 2024-01-01 | $131,552 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2024-01-01 | No |
| Value of net income/loss | 2024-01-01 | $-37,981,919 |
| Value of net assets at end of year (total assets less liabilities) | 2024-01-01 | $0 |
| Value of net assets at beginning of year (total assets less liabilities) | 2024-01-01 | $37,981,919 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2024-01-01 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2024-01-01 | No |
| Were any leases to which the plan was party in default or uncollectible | 2024-01-01 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2024-01-01 | $0 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2024-01-01 | $0 |
| Interest on participant loans | 2024-01-01 | $4,444 |
| Value of interest in common/collective trusts at end of year | 2024-01-01 | $0 |
| Value of interest in common/collective trusts at beginning of year | 2024-01-01 | $36,410,113 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2024-01-01 | $0 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2024-01-01 | $0 |
| Net investment gain or loss from common/collective trusts | 2024-01-01 | $6,548,286 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2024-01-01 | No |
| Was there a failure to transmit to the plan any participant contributions | 2024-01-01 | No |
| Has the plan failed to provide any benefit when due under the plan | 2024-01-01 | No |
| Assets. Invements in employer securities at end of year | 2024-01-01 | $0 |
| Assets. Invements in employer securities at beginning of year | 2024-01-01 | $1,421,729 |
| Contributions received in cash from employer | 2024-01-01 | $485,091 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2024-01-01 | $46,610,649 |
| Did the plan have assets held for investment | 2024-01-01 | 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 | 2024-01-01 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2024-01-01 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2024-01-01 | 1 |
| Accountancy firm name | 2024-01-01 | BDO USA, P.C. |
| Accountancy firm EIN | 2024-01-01 | 135381590 |
| 2023 : MACATAWA BANK 401(K) PLAN 2023 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2023-12-31 | $-86,339 |
| Total unrealized appreciation/depreciation of assets | 2023-12-31 | $-86,339 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-12-31 | $0 |
| Total income from all sources (including contributions) | 2023-12-31 | $8,995,500 |
| Total loss/gain on sale of assets | 2023-12-31 | $0 |
| Total of all expenses incurred | 2023-12-31 | $3,546,442 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2023-12-31 | $3,526,609 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2023-12-31 | $2,616,063 |
| Value of total assets at end of year | 2023-12-31 | $37,981,919 |
| Value of total assets at beginning of year | 2023-12-31 | $32,532,861 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2023-12-31 | $19,833 |
| Total interest from all sources | 2023-12-31 | $9,472 |
| Total dividends received (eg from common stock, registered investment company shares) | 2023-12-31 | $280,915 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2023-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2023-12-31 | $238,344 |
| Was this plan covered by a fidelity bond | 2023-12-31 | Yes |
| Value of fidelity bond cover | 2023-12-31 | $10,000,000 |
| If this is an individual account plan, was there a blackout period | 2023-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2023-12-31 | No |
| Contributions received from participants | 2023-12-31 | $1,593,452 |
| Participant contributions at end of year | 2023-12-31 | $150,065 |
| Participant contributions at beginning of year | 2023-12-31 | $177,208 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2023-12-31 | $232,156 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-12-31 | No |
| Value of net income/loss | 2023-12-31 | $5,449,058 |
| Value of net assets at end of year (total assets less liabilities) | 2023-12-31 | $37,981,919 |
| Value of net assets at beginning of year (total assets less liabilities) | 2023-12-31 | $32,532,861 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2023-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2023-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2023-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2023-12-31 | $0 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2023-12-31 | $29,520,542 |
| Interest on participant loans | 2023-12-31 | $9,472 |
| Value of interest in common/collective trusts at end of year | 2023-12-31 | $36,410,113 |
| Value of interest in common/collective trusts at beginning of year | 2023-12-31 | $1,347,304 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2023-12-31 | $12 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2023-12-31 | $26 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2023-12-31 | $26 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2023-12-31 | $2,279,012 |
| Net investment gain or loss from common/collective trusts | 2023-12-31 | $3,896,377 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2023-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2023-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2023-12-31 | No |
| Assets. Invements in employer securities at end of year | 2023-12-31 | $1,421,729 |
| Assets. Invements in employer securities at beginning of year | 2023-12-31 | $1,487,781 |
| Contributions received in cash from employer | 2023-12-31 | $790,455 |
| Income. Dividends from common stock | 2023-12-31 | $42,571 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2023-12-31 | $3,526,609 |
| Did the plan have assets held for investment | 2023-12-31 | 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 | 2023-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2023-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2023-12-31 | Unqualified |
| Accountancy firm name | 2023-12-31 | BDO USA, P.C. |
| Accountancy firm EIN | 2023-12-31 | 135381590 |
| Unrealized appreciation/depreciation of other (non real estate) assets | 2023-01-01 | $-86,339 |
| Total unrealized appreciation/depreciation of assets | 2023-01-01 | $-86,339 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-01-01 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-01-01 | $0 |
| Total income from all sources (including contributions) | 2023-01-01 | $8,995,500 |
| Total loss/gain on sale of assets | 2023-01-01 | $0 |
| Total of all expenses incurred | 2023-01-01 | $3,546,442 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2023-01-01 | $3,526,609 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2023-01-01 | $2,616,063 |
| Value of total assets at end of year | 2023-01-01 | $37,981,919 |
| Value of total assets at beginning of year | 2023-01-01 | $32,532,861 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2023-01-01 | $19,833 |
| Total interest from all sources | 2023-01-01 | $9,472 |
| Total dividends received (eg from common stock, registered investment company shares) | 2023-01-01 | $280,915 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2023-01-01 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2023-01-01 | $238,344 |
| Was this plan covered by a fidelity bond | 2023-01-01 | Yes |
| Value of fidelity bond cover | 2023-01-01 | $10,000,000 |
| If this is an individual account plan, was there a blackout period | 2023-01-01 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2023-01-01 | No |
| Contributions received from participants | 2023-01-01 | $1,593,452 |
| Participant contributions at end of year | 2023-01-01 | $150,065 |
| Participant contributions at beginning of year | 2023-01-01 | $177,208 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2023-01-01 | $232,156 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-01-01 | No |
| Value of net income/loss | 2023-01-01 | $5,449,058 |
| Value of net assets at end of year (total assets less liabilities) | 2023-01-01 | $37,981,919 |
| Value of net assets at beginning of year (total assets less liabilities) | 2023-01-01 | $32,532,861 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2023-01-01 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2023-01-01 | No |
| Were any leases to which the plan was party in default or uncollectible | 2023-01-01 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2023-01-01 | $0 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2023-01-01 | $29,520,542 |
| Interest on participant loans | 2023-01-01 | $9,472 |
| Value of interest in common/collective trusts at end of year | 2023-01-01 | $36,410,113 |
| Value of interest in common/collective trusts at beginning of year | 2023-01-01 | $1,347,304 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2023-01-01 | $12 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2023-01-01 | $2,279,012 |
| Net investment gain or loss from common/collective trusts | 2023-01-01 | $3,896,377 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2023-01-01 | No |
| Was there a failure to transmit to the plan any participant contributions | 2023-01-01 | No |
| Has the plan failed to provide any benefit when due under the plan | 2023-01-01 | No |
| Assets. Invements in employer securities at end of year | 2023-01-01 | $1,421,729 |
| Assets. Invements in employer securities at beginning of year | 2023-01-01 | $1,487,781 |
| Contributions received in cash from employer | 2023-01-01 | $790,455 |
| Income. Dividends from common stock | 2023-01-01 | $42,571 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2023-01-01 | $3,526,609 |
| Did the plan have assets held for investment | 2023-01-01 | 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 | 2023-01-01 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2023-01-01 | No |
| Opinion of an independent qualified public accountant for this plan | 2023-01-01 | 1 |
| Accountancy firm name | 2023-01-01 | BDO USA, P.C. |
| Accountancy firm EIN | 2023-01-01 | 135381590 |
| 2022 : MACATAWA BANK 401(K) PLAN 2022 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2022-12-31 | $33,979 |
| Total unrealized appreciation/depreciation of assets | 2022-12-31 | $33,979 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $0 |
| Total income from all sources (including contributions) | 2022-12-31 | $-4,083,589 |
| Total loss/gain on sale of assets | 2022-12-31 | $-10,771 |
| Total of all expenses incurred | 2022-12-31 | $2,789,862 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $2,766,694 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $2,833,613 |
| Value of total assets at end of year | 2022-12-31 | $32,532,861 |
| Value of total assets at beginning of year | 2022-12-31 | $39,406,312 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $23,168 |
| Total interest from all sources | 2022-12-31 | $7,718 |
| Total dividends received (eg from common stock, registered investment company shares) | 2022-12-31 | $1,393,172 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2022-12-31 | $1,349,685 |
| Was this plan covered by a fidelity bond | 2022-12-31 | Yes |
| Value of fidelity bond cover | 2022-12-31 | $10,000,000 |
| If this is an individual account plan, was there a blackout period | 2022-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2022-12-31 | No |
| Contributions received from participants | 2022-12-31 | $1,528,978 |
| Participant contributions at end of year | 2022-12-31 | $177,208 |
| Participant contributions at beginning of year | 2022-12-31 | $97,055 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2022-12-31 | $549,765 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-12-31 | No |
| Value of net income/loss | 2022-12-31 | $-6,873,451 |
| Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $32,532,861 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $39,406,312 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2022-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2022-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-12-31 | $29,520,542 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-12-31 | $36,504,249 |
| Interest on participant loans | 2022-12-31 | $7,718 |
| Value of interest in common/collective trusts at end of year | 2022-12-31 | $1,347,304 |
| Value of interest in common/collective trusts at beginning of year | 2022-12-31 | $1,590,063 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2022-12-31 | $26 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2022-12-31 | $651 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2022-12-31 | $651 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-12-31 | $-8,389,232 |
| Net investment gain or loss from common/collective trusts | 2022-12-31 | $47,932 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2022-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2022-12-31 | No |
| Assets. Invements in employer securities at end of year | 2022-12-31 | $1,487,781 |
| Assets. Invements in employer securities at beginning of year | 2022-12-31 | $1,214,294 |
| Contributions received in cash from employer | 2022-12-31 | $754,870 |
| Income. Dividends from common stock | 2022-12-31 | $43,487 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $2,766,694 |
| Contract administrator fees | 2022-12-31 | $23,168 |
| Did the plan have assets held for investment | 2022-12-31 | 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 | 2022-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-12-31 | No |
| Aggregate proceeds on sale of assets | 2022-12-31 | $66,962 |
| Aggregate carrying amount (costs) on sale of assets | 2022-12-31 | $77,733 |
| Opinion of an independent qualified public accountant for this plan | 2022-12-31 | Unqualified |
| Accountancy firm name | 2022-12-31 | BDO USA, P.C. |
| Accountancy firm EIN | 2022-12-31 | 135381590 |
| Unrealized appreciation/depreciation of other (non real estate) assets | 2022-01-01 | $33,979 |
| Total unrealized appreciation/depreciation of assets | 2022-01-01 | $33,979 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-01-01 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-01-01 | $0 |
| Total income from all sources (including contributions) | 2022-01-01 | $-4,083,589 |
| Total loss/gain on sale of assets | 2022-01-01 | $-10,771 |
| Total of all expenses incurred | 2022-01-01 | $2,789,862 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-01-01 | $2,766,694 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-01-01 | $2,833,613 |
| Value of total assets at end of year | 2022-01-01 | $32,532,861 |
| Value of total assets at beginning of year | 2022-01-01 | $39,406,312 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-01-01 | $23,168 |
| Total interest from all sources | 2022-01-01 | $7,718 |
| Total dividends received (eg from common stock, registered investment company shares) | 2022-01-01 | $1,393,172 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-01-01 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2022-01-01 | $1,349,685 |
| Was this plan covered by a fidelity bond | 2022-01-01 | Yes |
| Value of fidelity bond cover | 2022-01-01 | $10,000,000 |
| If this is an individual account plan, was there a blackout period | 2022-01-01 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2022-01-01 | No |
| Contributions received from participants | 2022-01-01 | $1,528,978 |
| Participant contributions at end of year | 2022-01-01 | $177,208 |
| Participant contributions at beginning of year | 2022-01-01 | $97,055 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2022-01-01 | $549,765 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-01-01 | No |
| Value of net income/loss | 2022-01-01 | $-6,873,451 |
| Value of net assets at end of year (total assets less liabilities) | 2022-01-01 | $32,532,861 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-01-01 | $39,406,312 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-01-01 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2022-01-01 | No |
| Were any leases to which the plan was party in default or uncollectible | 2022-01-01 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-01-01 | $29,520,542 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-01-01 | $36,504,249 |
| Interest on participant loans | 2022-01-01 | $7,718 |
| Value of interest in common/collective trusts at end of year | 2022-01-01 | $1,347,304 |
| Value of interest in common/collective trusts at beginning of year | 2022-01-01 | $1,590,063 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2022-01-01 | $26 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-01-01 | $-8,389,232 |
| Net investment gain or loss from common/collective trusts | 2022-01-01 | $47,932 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-01-01 | No |
| Was there a failure to transmit to the plan any participant contributions | 2022-01-01 | No |
| Has the plan failed to provide any benefit when due under the plan | 2022-01-01 | No |
| Assets. Invements in employer securities at end of year | 2022-01-01 | $1,487,781 |
| Assets. Invements in employer securities at beginning of year | 2022-01-01 | $1,214,294 |
| Contributions received in cash from employer | 2022-01-01 | $754,870 |
| Income. Dividends from common stock | 2022-01-01 | $43,487 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-01-01 | $2,766,694 |
| Contract administrator fees | 2022-01-01 | $23,168 |
| Did the plan have assets held for investment | 2022-01-01 | 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 | 2022-01-01 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-01-01 | No |
| Aggregate proceeds on sale of assets | 2022-01-01 | $66,962 |
| Aggregate carrying amount (costs) on sale of assets | 2022-01-01 | $77,733 |
| Opinion of an independent qualified public accountant for this plan | 2022-01-01 | 1 |
| Accountancy firm name | 2022-01-01 | BDO USA, P.C. |
| Accountancy firm EIN | 2022-01-01 | 135381590 |
| 2021 : MACATAWA BANK 401(K) PLAN 2021 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2021-12-31 | $114,020 |
| Total unrealized appreciation/depreciation of assets | 2021-12-31 | $114,020 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $0 |
| Total income from all sources (including contributions) | 2021-12-31 | $8,676,335 |
| Total loss/gain on sale of assets | 2021-12-31 | $-56,787 |
| Total of all expenses incurred | 2021-12-31 | $5,929,212 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $5,904,353 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $2,571,038 |
| Value of total assets at end of year | 2021-12-31 | $39,406,312 |
| Value of total assets at beginning of year | 2021-12-31 | $36,659,189 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $24,859 |
| Total interest from all sources | 2021-12-31 | $7,420 |
| Total dividends received (eg from common stock, registered investment company shares) | 2021-12-31 | $1,930,525 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2021-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2021-12-31 | $1,881,948 |
| Was this plan covered by a fidelity bond | 2021-12-31 | Yes |
| Value of fidelity bond cover | 2021-12-31 | $10,000,000 |
| If this is an individual account plan, was there a blackout period | 2021-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2021-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2021-12-31 | No |
| Contributions received from participants | 2021-12-31 | $1,536,096 |
| Participant contributions at end of year | 2021-12-31 | $97,055 |
| Participant contributions at beginning of year | 2021-12-31 | $191,060 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2021-12-31 | $623,126 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-12-31 | No |
| Value of net income/loss | 2021-12-31 | $2,747,123 |
| Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $39,406,312 |
| Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $36,659,189 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2021-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2021-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2021-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2021-12-31 | $36,504,249 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2021-12-31 | $33,123,667 |
| Interest on participant loans | 2021-12-31 | $7,420 |
| Value of interest in common/collective trusts at end of year | 2021-12-31 | $1,590,063 |
| Value of interest in common/collective trusts at beginning of year | 2021-12-31 | $2,009,211 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2021-12-31 | $651 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2021-12-31 | $85 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2021-12-31 | $85 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2021-12-31 | $4,071,029 |
| Net investment gain or loss from common/collective trusts | 2021-12-31 | $39,090 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2021-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2021-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2021-12-31 | No |
| Assets. Invements in employer securities at end of year | 2021-12-31 | $1,214,294 |
| Assets. Invements in employer securities at beginning of year | 2021-12-31 | $1,335,166 |
| Contributions received in cash from employer | 2021-12-31 | $411,816 |
| Income. Dividends from common stock | 2021-12-31 | $48,577 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-12-31 | $5,904,353 |
| Contract administrator fees | 2021-12-31 | $24,859 |
| Did the plan have assets held for investment | 2021-12-31 | 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 | 2021-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2021-12-31 | No |
| Aggregate proceeds on sale of assets | 2021-12-31 | $187,128 |
| Aggregate carrying amount (costs) on sale of assets | 2021-12-31 | $243,915 |
| Opinion of an independent qualified public accountant for this plan | 2021-12-31 | Unqualified |
| Accountancy firm name | 2021-12-31 | BDO USA, LLP |
| Accountancy firm EIN | 2021-12-31 | 135381590 |
| 2020 : MACATAWA BANK 401(K) PLAN 2020 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2020-12-31 | $-400,513 |
| Total unrealized appreciation/depreciation of assets | 2020-12-31 | $-400,513 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-12-31 | $0 |
| Total income from all sources (including contributions) | 2020-12-31 | $7,080,362 |
| Total loss/gain on sale of assets | 2020-12-31 | $-68,430 |
| Total of all expenses incurred | 2020-12-31 | $1,786,200 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-12-31 | $1,760,956 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2020-12-31 | $2,198,032 |
| Value of total assets at end of year | 2020-12-31 | $36,659,189 |
| Value of total assets at beginning of year | 2020-12-31 | $31,365,027 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-12-31 | $25,244 |
| Total interest from all sources | 2020-12-31 | $12,107 |
| Total dividends received (eg from common stock, registered investment company shares) | 2020-12-31 | $1,096,248 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2020-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2020-12-31 | $1,043,226 |
| Was this plan covered by a fidelity bond | 2020-12-31 | Yes |
| Value of fidelity bond cover | 2020-12-31 | $10,000,000 |
| If this is an individual account plan, was there a blackout period | 2020-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2020-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2020-12-31 | No |
| Contributions received from participants | 2020-12-31 | $1,530,587 |
| Participant contributions at end of year | 2020-12-31 | $191,060 |
| Participant contributions at beginning of year | 2020-12-31 | $320,288 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2020-12-31 | $39,074 |
| Other income not declared elsewhere | 2020-12-31 | $211,978 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2020-12-31 | No |
| Value of net income/loss | 2020-12-31 | $5,294,162 |
| Value of net assets at end of year (total assets less liabilities) | 2020-12-31 | $36,659,189 |
| Value of net assets at beginning of year (total assets less liabilities) | 2020-12-31 | $31,365,027 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2020-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2020-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2020-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2020-12-31 | $33,123,667 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2020-12-31 | $27,342,839 |
| Interest on participant loans | 2020-12-31 | $12,107 |
| Value of interest in common/collective trusts at end of year | 2020-12-31 | $2,009,211 |
| Value of interest in common/collective trusts at beginning of year | 2020-12-31 | $1,755,108 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2020-12-31 | $85 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2020-12-31 | $10,762 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2020-12-31 | $10,762 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2020-12-31 | $3,995,823 |
| Net investment gain or loss from common/collective trusts | 2020-12-31 | $35,117 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2020-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2020-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2020-12-31 | No |
| Assets. Invements in employer securities at end of year | 2020-12-31 | $1,335,166 |
| Assets. Invements in employer securities at beginning of year | 2020-12-31 | $1,936,030 |
| Contributions received in cash from employer | 2020-12-31 | $628,371 |
| Income. Dividends from common stock | 2020-12-31 | $53,022 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2020-12-31 | $1,760,956 |
| Contract administrator fees | 2020-12-31 | $25,244 |
| Did the plan have assets held for investment | 2020-12-31 | 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 | 2020-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2020-12-31 | No |
| Aggregate proceeds on sale of assets | 2020-12-31 | $224,040 |
| Aggregate carrying amount (costs) on sale of assets | 2020-12-31 | $292,470 |
| Opinion of an independent qualified public accountant for this plan | 2020-12-31 | Unqualified |
| Accountancy firm name | 2020-12-31 | BDO USA, LLP |
| Accountancy firm EIN | 2020-12-31 | 135381590 |
| 2019 : MACATAWA BANK 401(K) PLAN 2019 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2019-12-31 | $242,608 |
| Total unrealized appreciation/depreciation of assets | 2019-12-31 | $242,608 |
| Total liabilities at end 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 | $8,576,409 |
| Total loss/gain on sale of assets | 2019-12-31 | $80,223 |
| Total of all expenses incurred | 2019-12-31 | $4,107,461 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2019-12-31 | $4,074,524 |
| Expenses. Certain deemed distributions of participant loans | 2019-12-31 | $10,282 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2019-12-31 | $2,318,962 |
| Value of total assets at end of year | 2019-12-31 | $31,365,027 |
| Value of total assets at beginning of year | 2019-12-31 | $26,896,079 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2019-12-31 | $22,655 |
| Total interest from all sources | 2019-12-31 | $20,836 |
| Total dividends received (eg from common stock, registered investment company shares) | 2019-12-31 | $1,107,473 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2019-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2019-12-31 | $1,043,215 |
| Was this plan covered by a fidelity bond | 2019-12-31 | Yes |
| Value of fidelity bond cover | 2019-12-31 | $10,000,000 |
| 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 |
| Contributions received from participants | 2019-12-31 | $1,436,101 |
| Participant contributions at end of year | 2019-12-31 | $320,288 |
| Participant contributions at beginning of year | 2019-12-31 | $447,393 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2019-12-31 | $159,415 |
| 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 | $4,468,948 |
| Value of net assets at end of year (total assets less liabilities) | 2019-12-31 | $31,365,027 |
| Value of net assets at beginning of year (total assets less liabilities) | 2019-12-31 | $26,896,079 |
| 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 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 | $27,342,839 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2019-12-31 | $21,991,929 |
| Interest on participant loans | 2019-12-31 | $20,824 |
| Value of interest in common/collective trusts at end of year | 2019-12-31 | $1,755,108 |
| Value of interest in common/collective trusts at beginning of year | 2019-12-31 | $1,710,756 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2019-12-31 | $10,762 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2019-12-31 | $5,726 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2019-12-31 | $5,726 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2019-12-31 | $12 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2019-12-31 | $4,755,980 |
| Net investment gain or loss from common/collective trusts | 2019-12-31 | $50,327 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 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 |
| Assets. Invements in employer securities at end of year | 2019-12-31 | $1,936,030 |
| Assets. Invements in employer securities at beginning of year | 2019-12-31 | $2,740,275 |
| Contributions received in cash from employer | 2019-12-31 | $723,446 |
| Income. Dividends from common stock | 2019-12-31 | $64,258 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2019-12-31 | $4,074,524 |
| Contract administrator fees | 2019-12-31 | $22,655 |
| Did the plan have assets held for investment | 2019-12-31 | 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 | 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 | No |
| Aggregate proceeds on sale of assets | 2019-12-31 | $2,045,057 |
| Aggregate carrying amount (costs) on sale of assets | 2019-12-31 | $1,964,834 |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2019-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2019-12-31 | Unqualified |
| Accountancy firm name | 2019-12-31 | BDO USA, LLP |
| Accountancy firm EIN | 2019-12-31 | 135381590 |
| 2018 : MACATAWA BANK 401(K) PLAN 2018 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2018-12-31 | $-130,454 |
| Total unrealized appreciation/depreciation of assets | 2018-12-31 | $-130,454 |
| 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 | $1,042,035 |
| Total loss/gain on sale of assets | 2018-12-31 | $44,853 |
| Total of all expenses incurred | 2018-12-31 | $3,019,150 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2018-12-31 | $2,998,439 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2018-12-31 | $2,428,265 |
| Value of total assets at end of year | 2018-12-31 | $26,896,079 |
| Value of total assets at beginning of year | 2018-12-31 | $28,873,194 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2018-12-31 | $20,711 |
| Total interest from all sources | 2018-12-31 | $22,672 |
| Total dividends received (eg from common stock, registered investment company shares) | 2018-12-31 | $1,343,270 |
| 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 | $1,269,199 |
| Was this plan covered by a fidelity bond | 2018-12-31 | Yes |
| Value of fidelity bond cover | 2018-12-31 | $10,000,000 |
| 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 |
| Contributions received from participants | 2018-12-31 | $1,406,116 |
| Participant contributions at end of year | 2018-12-31 | $447,393 |
| Participant contributions at beginning of year | 2018-12-31 | $468,397 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2018-12-31 | $306,360 |
| 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 | $-1,977,115 |
| Value of net assets at end of year (total assets less liabilities) | 2018-12-31 | $26,896,079 |
| Value of net assets at beginning of year (total assets less liabilities) | 2018-12-31 | $28,873,194 |
| 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 | $21,991,929 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2018-12-31 | $24,017,617 |
| Interest on participant loans | 2018-12-31 | $22,661 |
| Value of interest in common/collective trusts at end of year | 2018-12-31 | $1,710,756 |
| Value of interest in common/collective trusts at beginning of year | 2018-12-31 | $1,175,585 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2018-12-31 | $5,726 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2018-12-31 | $85,835 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2018-12-31 | $85,835 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2018-12-31 | $11 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2018-12-31 | $-2,666,571 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2018-12-31 | No |
| 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 |
| Assets. Invements in employer securities at end of year | 2018-12-31 | $2,740,275 |
| Assets. Invements in employer securities at beginning of year | 2018-12-31 | $3,125,760 |
| Contributions received in cash from employer | 2018-12-31 | $715,789 |
| Income. Dividends from common stock | 2018-12-31 | $74,071 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2018-12-31 | $2,998,439 |
| Contract administrator fees | 2018-12-31 | $20,711 |
| 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 | $605,782 |
| Aggregate carrying amount (costs) on sale of assets | 2018-12-31 | $560,929 |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2018-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2018-12-31 | Unqualified |
| Accountancy firm name | 2018-12-31 | BDO USA, LLP |
| Accountancy firm EIN | 2018-12-31 | 135381590 |
| 2017 : MACATAWA BANK 401(K) PLAN 2017 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2017-12-31 | $-124,835 |
| Total unrealized appreciation/depreciation of assets | 2017-12-31 | $-124,835 |
| 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 | $6,539,759 |
| Total loss/gain on sale of assets | 2017-12-31 | $-9,102 |
| Total of all expenses incurred | 2017-12-31 | $3,401,919 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2017-12-31 | $3,381,817 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2017-12-31 | $2,326,038 |
| Value of total assets at end of year | 2017-12-31 | $28,873,194 |
| Value of total assets at beginning of year | 2017-12-31 | $25,735,354 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2017-12-31 | $20,102 |
| Total interest from all sources | 2017-12-31 | $18,884 |
| Total dividends received (eg from common stock, registered investment company shares) | 2017-12-31 | $1,182,224 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2017-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2017-12-31 | $1,123,952 |
| Was this plan covered by a fidelity bond | 2017-12-31 | Yes |
| Value of fidelity bond cover | 2017-12-31 | $10,000,000 |
| 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 |
| Contributions received from participants | 2017-12-31 | $1,346,941 |
| Participant contributions at end of year | 2017-12-31 | $468,397 |
| Participant contributions at beginning of year | 2017-12-31 | $376,366 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2017-12-31 | $294,698 |
| 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 | $2,361 |
| 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 | $3,137,840 |
| Value of net assets at end of year (total assets less liabilities) | 2017-12-31 | $28,873,194 |
| Value of net assets at beginning of year (total assets less liabilities) | 2017-12-31 | $25,735,354 |
| 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 | $24,017,617 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2017-12-31 | $20,493,898 |
| Interest on participant loans | 2017-12-31 | $18,882 |
| Value of interest in common/collective trusts at end of year | 2017-12-31 | $1,175,585 |
| Value of interest in common/collective trusts at beginning of year | 2017-12-31 | $1,220,424 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2017-12-31 | $85,835 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2017-12-31 | $13 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2017-12-31 | $13 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2017-12-31 | $2 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2017-12-31 | $3,146,550 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2017-12-31 | No |
| 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 |
| Assets. Invements in employer securities at end of year | 2017-12-31 | $3,125,760 |
| Assets. Invements in employer securities at beginning of year | 2017-12-31 | $3,642,292 |
| Contributions received in cash from employer | 2017-12-31 | $684,399 |
| Income. Dividends from common stock | 2017-12-31 | $58,272 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2017-12-31 | $3,381,817 |
| Contract administrator fees | 2017-12-31 | $20,102 |
| 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 | $791,577 |
| Aggregate carrying amount (costs) on sale of assets | 2017-12-31 | $800,679 |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2017-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2017-12-31 | Unqualified |
| Accountancy firm name | 2017-12-31 | BDO USA, LLP |
| Accountancy firm EIN | 2017-12-31 | 135381590 |
| 2016 : MACATAWA BANK 401(K) PLAN 2016 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2016-12-31 | $1,458,574 |
| Total unrealized appreciation/depreciation of assets | 2016-12-31 | $1,458,574 |
| 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 | $76 |
| Total income from all sources (including contributions) | 2016-12-31 | $5,795,267 |
| Total loss/gain on sale of assets | 2016-12-31 | $213,404 |
| Total of all expenses incurred | 2016-12-31 | $2,408,583 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2016-12-31 | $2,402,004 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2016-12-31 | $2,290,143 |
| Value of total assets at end of year | 2016-12-31 | $25,735,354 |
| Value of total assets at beginning of year | 2016-12-31 | $22,348,746 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2016-12-31 | $6,579 |
| Total interest from all sources | 2016-12-31 | $19,046 |
| Total dividends received (eg from common stock, registered investment company shares) | 2016-12-31 | $308,917 |
| 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 | $264,259 |
| Administrative expenses professional fees incurred | 2016-12-31 | $2,340 |
| Was this plan covered by a fidelity bond | 2016-12-31 | Yes |
| Value of fidelity bond cover | 2016-12-31 | $10,000,000 |
| 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 |
| Contributions received from participants | 2016-12-31 | $1,323,259 |
| Participant contributions at end of year | 2016-12-31 | $376,366 |
| Participant contributions at beginning of year | 2016-12-31 | $458,935 |
| Participant contributions at end of year | 2016-12-31 | $0 |
| Participant contributions at beginning of year | 2016-12-31 | $42,113 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2016-12-31 | $313,717 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2016-12-31 | $2,361 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2016-12-31 | $2,364 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2016-12-31 | $0 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2016-12-31 | $76 |
| Other income not declared elsewhere | 2016-12-31 | $94,401 |
| 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 | $3,386,684 |
| Value of net assets at end of year (total assets less liabilities) | 2016-12-31 | $25,735,354 |
| Value of net assets at beginning of year (total assets less liabilities) | 2016-12-31 | $22,348,670 |
| 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 | $20,493,898 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2016-12-31 | $18,910,962 |
| Interest on participant loans | 2016-12-31 | $18,294 |
| Value of interest in common/collective trusts at end of year | 2016-12-31 | $1,220,424 |
| Value of interest in common/collective trusts at beginning of year | 2016-12-31 | $0 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2016-12-31 | $13 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2016-12-31 | $613,814 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2016-12-31 | $613,814 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2016-12-31 | $752 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2016-12-31 | $1,410,782 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2016-12-31 | No |
| 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 |
| Assets. Invements in employer securities at end of year | 2016-12-31 | $3,642,292 |
| Assets. Invements in employer securities at beginning of year | 2016-12-31 | $2,299,538 |
| Contributions received in cash from employer | 2016-12-31 | $653,167 |
| Employer contributions (assets) at end of year | 2016-12-31 | $0 |
| Employer contributions (assets) at beginning of year | 2016-12-31 | $21,020 |
| Income. Dividends from common stock | 2016-12-31 | $44,658 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2016-12-31 | $2,402,004 |
| Contract administrator fees | 2016-12-31 | $4,239 |
| 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 | $487,682 |
| Aggregate carrying amount (costs) on sale of assets | 2016-12-31 | $274,278 |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2016-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2016-12-31 | Unqualified |
| Accountancy firm name | 2016-12-31 | BDO USA, LLP |
| Accountancy firm EIN | 2016-12-31 | 135381590 |
| 2015 : MACATAWA BANK 401(K) PLAN 2015 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2015-12-31 | $863,689 |
| Total unrealized appreciation/depreciation of assets | 2015-12-31 | $863,689 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2015-12-31 | $76 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2015-12-31 | $4 |
| Total income from all sources (including contributions) | 2015-12-31 | $2,965,380 |
| Total loss/gain on sale of assets | 2015-12-31 | $57,501 |
| Total of all expenses incurred | 2015-12-31 | $2,210,832 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2015-12-31 | $2,203,607 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2015-12-31 | $2,481,522 |
| Value of total assets at end of year | 2015-12-31 | $22,348,746 |
| Value of total assets at beginning of year | 2015-12-31 | $21,594,126 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2015-12-31 | $7,225 |
| Total interest from all sources | 2015-12-31 | $15,910 |
| Total dividends received (eg from common stock, registered investment company shares) | 2015-12-31 | $271,913 |
| 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 | $232,284 |
| Administrative expenses professional fees incurred | 2015-12-31 | $1,725 |
| Was this plan covered by a fidelity bond | 2015-12-31 | Yes |
| Value of fidelity bond cover | 2015-12-31 | $10,000,000 |
| 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 |
| Contributions received from participants | 2015-12-31 | $1,363,694 |
| Participant contributions at end of year | 2015-12-31 | $458,935 |
| Participant contributions at beginning of year | 2015-12-31 | $281,784 |
| Participant contributions at end of year | 2015-12-31 | $42,113 |
| Participant contributions at beginning of year | 2015-12-31 | $0 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2015-12-31 | $431,949 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2015-12-31 | $2,364 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2015-12-31 | $36,164 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2015-12-31 | $76 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2015-12-31 | $4 |
| Other income not declared elsewhere | 2015-12-31 | $12,359 |
| 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 | $754,548 |
| Value of net assets at end of year (total assets less liabilities) | 2015-12-31 | $22,348,670 |
| Value of net assets at beginning of year (total assets less liabilities) | 2015-12-31 | $21,594,122 |
| 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 | $18,910,962 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2015-12-31 | $18,923,671 |
| Interest on participant loans | 2015-12-31 | $15,813 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2015-12-31 | $613,814 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2015-12-31 | $473,047 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2015-12-31 | $473,047 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2015-12-31 | $97 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2015-12-31 | $-737,514 |
| 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 |
| Assets. Invements in employer securities at end of year | 2015-12-31 | $2,299,538 |
| Assets. Invements in employer securities at beginning of year | 2015-12-31 | $1,879,460 |
| Contributions received in cash from employer | 2015-12-31 | $685,879 |
| Employer contributions (assets) at end of year | 2015-12-31 | $21,020 |
| Employer contributions (assets) at beginning of year | 2015-12-31 | $0 |
| Income. Dividends from common stock | 2015-12-31 | $39,629 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2015-12-31 | $2,203,607 |
| Contract administrator fees | 2015-12-31 | $5,500 |
| 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 | $178,913 |
| Aggregate carrying amount (costs) on sale of assets | 2015-12-31 | $121,412 |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2015-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2015-12-31 | Unqualified |
| Accountancy firm name | 2015-12-31 | BDO USA, LLP |
| Accountancy firm EIN | 2015-12-31 | 135381590 |
| 2014 : MACATAWA BANK 401(K) PLAN 2014 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2014-12-31 | $112,000 |
| Total unrealized appreciation/depreciation of assets | 2014-12-31 | $112,000 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2014-12-31 | $4 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2014-12-31 | $4 |
| Total income from all sources (including contributions) | 2014-12-31 | $3,701,117 |
| Total loss/gain on sale of assets | 2014-12-31 | $39,294 |
| Total of all expenses incurred | 2014-12-31 | $1,185,780 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2014-12-31 | $1,180,234 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2014-12-31 | $2,028,320 |
| Value of total assets at end of year | 2014-12-31 | $21,594,126 |
| Value of total assets at beginning of year | 2014-12-31 | $19,078,789 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2014-12-31 | $5,546 |
| Total interest from all sources | 2014-12-31 | $11,916 |
| Total dividends received (eg from common stock, registered investment company shares) | 2014-12-31 | $246,179 |
| 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 | $246,179 |
| Administrative expenses professional fees incurred | 2014-12-31 | $1,575 |
| Was this plan covered by a fidelity bond | 2014-12-31 | Yes |
| Value of fidelity bond cover | 2014-12-31 | $10,000,000 |
| 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 |
| Contributions received from participants | 2014-12-31 | $1,222,093 |
| Participant contributions at end of year | 2014-12-31 | $281,784 |
| Participant contributions at beginning of year | 2014-12-31 | $309,377 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2014-12-31 | $176,047 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2014-12-31 | $36,164 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2014-12-31 | $1,456 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2014-12-31 | $4 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2014-12-31 | $4 |
| 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 | $2,515,337 |
| Value of net assets at end of year (total assets less liabilities) | 2014-12-31 | $21,594,122 |
| Value of net assets at beginning of year (total assets less liabilities) | 2014-12-31 | $19,078,785 |
| 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 | $18,923,671 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2014-12-31 | $16,876,833 |
| Interest on participant loans | 2014-12-31 | $11,870 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2014-12-31 | $473,047 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2014-12-31 | $460,213 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2014-12-31 | $460,213 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2014-12-31 | $46 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2014-12-31 | $1,263,408 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2014-12-31 | No |
| 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 |
| Assets. Invements in employer securities at end of year | 2014-12-31 | $1,879,460 |
| Assets. Invements in employer securities at beginning of year | 2014-12-31 | $1,430,910 |
| Contributions received in cash from employer | 2014-12-31 | $630,180 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2014-12-31 | $1,180,234 |
| Contract administrator fees | 2014-12-31 | $3,971 |
| 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 | $103,467 |
| Aggregate carrying amount (costs) on sale of assets | 2014-12-31 | $64,173 |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2014-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2014-12-31 | Unqualified |
| Accountancy firm name | 2014-12-31 | BDO USA, LLP |
| Accountancy firm EIN | 2014-12-31 | 135381590 |
| 2013 : MACATAWA BANK 401(K) PLAN 2013 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2013-12-31 | $559,209 |
| Total unrealized appreciation/depreciation of assets | 2013-12-31 | $559,209 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2013-12-31 | $4 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2013-12-31 | $24 |
| Total income from all sources (including contributions) | 2013-12-31 | $6,356,365 |
| Total loss/gain on sale of assets | 2013-12-31 | $166,370 |
| Total of all expenses incurred | 2013-12-31 | $1,531,546 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2013-12-31 | $1,524,980 |
| Expenses. Certain deemed distributions of participant loans | 2013-12-31 | $1,330 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2013-12-31 | $1,806,106 |
| Value of total assets at end of year | 2013-12-31 | $19,078,789 |
| Value of total assets at beginning of year | 2013-12-31 | $14,253,990 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2013-12-31 | $5,236 |
| Total interest from all sources | 2013-12-31 | $12,038 |
| Total dividends received (eg from common stock, registered investment company shares) | 2013-12-31 | $168,554 |
| 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 | $168,554 |
| Administrative expenses professional fees incurred | 2013-12-31 | $1,425 |
| Was this plan covered by a fidelity bond | 2013-12-31 | Yes |
| Value of fidelity bond cover | 2013-12-31 | $10,000,000 |
| 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 |
| Contributions received from participants | 2013-12-31 | $1,145,709 |
| Participant contributions at end of year | 2013-12-31 | $309,377 |
| Participant contributions at beginning of year | 2013-12-31 | $272,726 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2013-12-31 | $76,110 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2013-12-31 | $1,456 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2013-12-31 | $1,143 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2013-12-31 | $4 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2013-12-31 | $24 |
| 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 | $4,824,819 |
| Value of net assets at end of year (total assets less liabilities) | 2013-12-31 | $19,078,785 |
| Value of net assets at beginning of year (total assets less liabilities) | 2013-12-31 | $14,253,966 |
| 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 | $16,876,833 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2013-12-31 | $12,585,309 |
| Interest on participant loans | 2013-12-31 | $11,969 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2013-12-31 | $460,213 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2013-12-31 | $443,626 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2013-12-31 | $443,626 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2013-12-31 | $69 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2013-12-31 | $3,644,088 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2013-12-31 | No |
| 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 |
| Assets. Invements in employer securities at end of year | 2013-12-31 | $1,430,910 |
| Assets. Invements in employer securities at beginning of year | 2013-12-31 | $951,186 |
| Contributions received in cash from employer | 2013-12-31 | $584,287 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2013-12-31 | $1,524,980 |
| Contract administrator fees | 2013-12-31 | $3,811 |
| 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 | $352,136 |
| Aggregate carrying amount (costs) on sale of assets | 2013-12-31 | $185,766 |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2013-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2013-12-31 | Unqualified |
| Accountancy firm name | 2013-12-31 | BDO USA, LLP |
| Accountancy firm EIN | 2013-12-31 | 135381590 |
| 2012 : MACATAWA BANK 401(K) PLAN 2012 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2012-12-31 | $136,314 |
| Total unrealized appreciation/depreciation of assets | 2012-12-31 | $136,314 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2012-12-31 | $24 |
| 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 | $3,037,155 |
| Total loss/gain on sale of assets | 2012-12-31 | $-1,692 |
| Total of all expenses incurred | 2012-12-31 | $1,926,859 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2012-12-31 | $1,910,217 |
| Value of total corrective distributions | 2012-12-31 | $10,899 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2012-12-31 | $1,162,976 |
| Value of total assets at end of year | 2012-12-31 | $14,253,990 |
| Value of total assets at beginning of year | 2012-12-31 | $13,143,670 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2012-12-31 | $5,743 |
| Total interest from all sources | 2012-12-31 | $11,616 |
| Total dividends received (eg from common stock, registered investment company shares) | 2012-12-31 | $169,890 |
| 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 | $169,890 |
| Administrative expenses professional fees incurred | 2012-12-31 | $1,225 |
| Was this plan covered by a fidelity bond | 2012-12-31 | Yes |
| Value of fidelity bond cover | 2012-12-31 | $10,000,000 |
| 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 |
| Contributions received from participants | 2012-12-31 | $1,079,218 |
| Participant contributions at end of year | 2012-12-31 | $272,726 |
| Participant contributions at beginning of year | 2012-12-31 | $287,290 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2012-12-31 | $83,758 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2012-12-31 | $1,143 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2012-12-31 | $700 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2012-12-31 | $24 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2012-12-31 | $0 |
| Administrative expenses (other) incurred | 2012-12-31 | $2 |
| 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 | $1,110,296 |
| Value of net assets at end of year (total assets less liabilities) | 2012-12-31 | $14,253,966 |
| Value of net assets at beginning of year (total assets less liabilities) | 2012-12-31 | $13,143,670 |
| 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 | $12,585,309 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2012-12-31 | $11,824,201 |
| Interest on participant loans | 2012-12-31 | $11,552 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2012-12-31 | $443,626 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2012-12-31 | $459,785 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2012-12-31 | $459,785 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2012-12-31 | $64 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2012-12-31 | $1,558,051 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2012-12-31 | No |
| 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 |
| Assets. Invements in employer securities at end of year | 2012-12-31 | $951,186 |
| Assets. Invements in employer securities at beginning of year | 2012-12-31 | $571,694 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2012-12-31 | $1,910,217 |
| Contract administrator fees | 2012-12-31 | $4,516 |
| 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 | $65,949 |
| Aggregate carrying amount (costs) on sale of assets | 2012-12-31 | $67,641 |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2012-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2012-12-31 | Unqualified |
| Accountancy firm name | 2012-12-31 | BDO USA, LLP |
| Accountancy firm EIN | 2012-12-31 | 135381590 |
| 2011 : MACATAWA BANK 401(K) PLAN 2011 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2011-12-31 | $-395,096 |
| Total unrealized appreciation/depreciation of assets | 2011-12-31 | $-395,096 |
| 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 | $5,167 |
| Total income from all sources (including contributions) | 2011-12-31 | $314,888 |
| Total loss/gain on sale of assets | 2011-12-31 | $-34,224 |
| Total of all expenses incurred | 2011-12-31 | $1,556,589 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2011-12-31 | $1,494,654 |
| Expenses. Certain deemed distributions of participant loans | 2011-12-31 | $55,635 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2011-12-31 | $1,171,474 |
| Value of total assets at end of year | 2011-12-31 | $13,143,670 |
| Value of total assets at beginning of year | 2011-12-31 | $14,390,538 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2011-12-31 | $6,300 |
| Total interest from all sources | 2011-12-31 | $12,807 |
| Total dividends received (eg from common stock, registered investment company shares) | 2011-12-31 | $385,719 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2011-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2011-12-31 | $385,719 |
| Was this plan covered by a fidelity bond | 2011-12-31 | Yes |
| Value of fidelity bond cover | 2011-12-31 | $2,500,000 |
| 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 |
| Contributions received from participants | 2011-12-31 | $1,066,400 |
| Participant contributions at end of year | 2011-12-31 | $287,290 |
| Participant contributions at beginning of year | 2011-12-31 | $275,017 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2011-12-31 | $105,074 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2011-12-31 | $700 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2011-12-31 | $1,795 |
| Liabilities. Value of operating payables at end of year | 2011-12-31 | $0 |
| Liabilities. Value of operating payables at beginning of year | 2011-12-31 | $5,167 |
| Total non interest bearing cash at end of year | 2011-12-31 | $0 |
| Total non interest bearing cash at beginning of year | 2011-12-31 | $5,163 |
| 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 | $-1,241,701 |
| Value of net assets at end of year (total assets less liabilities) | 2011-12-31 | $13,143,670 |
| Value of net assets at beginning of year (total assets less liabilities) | 2011-12-31 | $14,385,371 |
| 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 | $11,824,201 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2011-12-31 | $12,796,245 |
| Interest on participant loans | 2011-12-31 | $12,390 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2011-12-31 | $459,785 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2011-12-31 | $378,030 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2011-12-31 | $378,030 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2011-12-31 | $417 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2011-12-31 | $-825,792 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2011-12-31 | No |
| 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 |
| Assets. Invements in employer securities at end of year | 2011-12-31 | $571,694 |
| Assets. Invements in employer securities at beginning of year | 2011-12-31 | $934,288 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2011-12-31 | $1,494,654 |
| Contract administrator fees | 2011-12-31 | $6,300 |
| 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 |
| Aggregate proceeds on sale of assets | 2011-12-31 | $107,894 |
| Aggregate carrying amount (costs) on sale of assets | 2011-12-31 | $142,118 |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2011-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2011-12-31 | Unqualified |
| Accountancy firm name | 2011-12-31 | BDO USA, LLP |
| Accountancy firm EIN | 2011-12-31 | 135381590 |
| 2010 : MACATAWA BANK 401(K) PLAN 2010 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2010-12-31 | $477,475 |
| Total unrealized appreciation/depreciation of assets | 2010-12-31 | $477,475 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2010-12-31 | $5,167 |
| 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 | $3,578,960 |
| Total loss/gain on sale of assets | 2010-12-31 | $-7,681 |
| Total of all expenses incurred | 2010-12-31 | $4,569,453 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2010-12-31 | $4,562,778 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2010-12-31 | $1,093,054 |
| Value of total assets at end of year | 2010-12-31 | $14,390,538 |
| Value of total assets at beginning of year | 2010-12-31 | $15,375,864 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2010-12-31 | $6,675 |
| Total interest from all sources | 2010-12-31 | $12,626 |
| Total dividends received (eg from common stock, registered investment company shares) | 2010-12-31 | $166,129 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2010-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2010-12-31 | $166,129 |
| Administrative expenses professional fees incurred | 2010-12-31 | $6,675 |
| Was this plan covered by a fidelity bond | 2010-12-31 | Yes |
| Value of fidelity bond cover | 2010-12-31 | $10,000,000 |
| 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 |
| Contributions received from participants | 2010-12-31 | $979,218 |
| Participant contributions at end of year | 2010-12-31 | $275,017 |
| Participant contributions at beginning of year | 2010-12-31 | $359,282 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2010-12-31 | $113,836 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2010-12-31 | $1,795 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2010-12-31 | $33,590 |
| Liabilities. Value of operating payables at end of year | 2010-12-31 | $5,167 |
| Total non interest bearing cash at end of year | 2010-12-31 | $5,163 |
| 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 | $-990,493 |
| Value of net assets at end of year (total assets less liabilities) | 2010-12-31 | $14,385,371 |
| Value of net assets at beginning of year (total assets less liabilities) | 2010-12-31 | $15,375,864 |
| 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 | $12,796,245 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2010-12-31 | $13,976,404 |
| Interest on participant loans | 2010-12-31 | $12,056 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2010-12-31 | $378,030 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2010-12-31 | $616,734 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2010-12-31 | $616,734 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2010-12-31 | $570 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2010-12-31 | $1,837,357 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2010-12-31 | No |
| 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 |
| Assets. Invements in employer securities at end of year | 2010-12-31 | $934,288 |
| Assets. Invements in employer securities at beginning of year | 2010-12-31 | $389,854 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2010-12-31 | $4,562,778 |
| 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 |
| Aggregate proceeds on sale of assets | 2010-12-31 | $71,670 |
| Aggregate carrying amount (costs) on sale of assets | 2010-12-31 | $79,351 |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2010-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2010-12-31 | Unqualified |
| Accountancy firm name | 2010-12-31 | REHMANN ROBSON |
| Accountancy firm EIN | 2010-12-31 | 383567911 |
