LAKE MICHIGAN FINANCIAL CORPORATION has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan LAKE MICHIGAN FINANCIAL CORPORATION 401(K) SALARY REDUCTION PLAN & TRUST
401k plan membership statisitcs for LAKE MICHIGAN FINANCIAL CORPORATION 401(K) SALARY REDUCTION PLAN & TRUST
Measure | Date | Value |
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2015 : LAKE MICHIGAN FINANCIAL CORPORATION 401(K) SALARY REDUCTION PLAN & TRUST 2015 401k financial data |
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Total unrealized appreciation/depreciation of assets | 2015-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2015-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2015-12-31 | $0 |
Total income from all sources (including contributions) | 2015-12-31 | $1,110,424 |
Total loss/gain on sale of assets | 2015-12-31 | $0 |
Total of all expenses incurred | 2015-12-31 | $14,787,633 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2015-12-31 | $14,694,626 |
Value of total corrective distributions | 2015-12-31 | $54,024 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2015-12-31 | $667,074 |
Value of total assets at end of year | 2015-12-31 | $189,067 |
Value of total assets at beginning of year | 2015-12-31 | $13,866,276 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2015-12-31 | $38,983 |
Total interest from all sources | 2015-12-31 | $56 |
Total dividends received (eg from common stock, registered investment company shares) | 2015-12-31 | $0 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2015-12-31 | No |
Administrative expenses professional fees incurred | 2015-12-31 | $38,983 |
Was this plan covered by a fidelity bond | 2015-12-31 | Yes |
Value of fidelity bond cover | 2015-12-31 | $3,000,000 |
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 | $519,120 |
Participant contributions at end of year | 2015-12-31 | $0 |
Participant contributions at beginning of year | 2015-12-31 | $32,089 |
Assets. Other investments not covered elsewhere at end of year | 2015-12-31 | $0 |
Assets. Other investments not covered elsewhere at beginning of year | 2015-12-31 | $759,856 |
Income. Received or receivable in cash from other sources (including rollovers) | 2015-12-31 | $0 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2015-12-31 | $154 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2015-12-31 | $10,403 |
Other income not declared elsewhere | 2015-12-31 | $50,366 |
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 | $-13,677,209 |
Value of net assets at end of year (total assets less liabilities) | 2015-12-31 | $189,067 |
Value of net assets at beginning of year (total assets less liabilities) | 2015-12-31 | $13,866,276 |
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 | $95,447 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2015-12-31 | $11,599,605 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2015-12-31 | $93,466 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2015-12-31 | $908,617 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2015-12-31 | $908,617 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2015-12-31 | $56 |
Asset value of US Government securities at end of year | 2015-12-31 | $0 |
Asset value of US Government securities at beginning of year | 2015-12-31 | $545,706 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2015-12-31 | $392,928 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2015-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2015-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2015-12-31 | No |
Contributions received in cash from employer | 2015-12-31 | $147,954 |
Employer contributions (assets) at end of year | 2015-12-31 | $0 |
Employer contributions (assets) at beginning of year | 2015-12-31 | $10,000 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2015-12-31 | $14,694,626 |
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 |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2015-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2015-12-31 | Disclaimer |
Accountancy firm name | 2015-12-31 | PLANTE & MORAN PLLC |
Accountancy firm EIN | 2015-12-31 | 381357951 |
2014 : LAKE MICHIGAN FINANCIAL CORPORATION 401(K) SALARY REDUCTION PLAN & TRUST 2014 401k financial data |
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Total unrealized appreciation/depreciation of assets | 2014-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2014-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2014-12-31 | $0 |
Total income from all sources (including contributions) | 2014-12-31 | $1,908,674 |
Total loss/gain on sale of assets | 2014-12-31 | $0 |
Total of all expenses incurred | 2014-12-31 | $2,496,800 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2014-12-31 | $2,448,887 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2014-12-31 | $1,157,473 |
Value of total assets at end of year | 2014-12-31 | $13,866,276 |
Value of total assets at beginning of year | 2014-12-31 | $14,454,402 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2014-12-31 | $47,913 |
Total interest from all sources | 2014-12-31 | $0 |
Total dividends received (eg from common stock, registered investment company shares) | 2014-12-31 | $0 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2014-12-31 | No |
Administrative expenses professional fees incurred | 2014-12-31 | $47,913 |
Was this plan covered by a fidelity bond | 2014-12-31 | Yes |
Value of fidelity bond cover | 2014-12-31 | $3,000,000 |
If this is an individual account plan, was there a blackout period | 2014-12-31 | No |
Were there any nonexempt tranactions with any party-in-interest | 2014-12-31 | No |
Contributions received from participants | 2014-12-31 | $843,737 |
Participant contributions at end of year | 2014-12-31 | $32,089 |
Assets. Other investments not covered elsewhere at end of year | 2014-12-31 | $759,856 |
Assets. Other investments not covered elsewhere at beginning of year | 2014-12-31 | $2,544,485 |
Income. Received or receivable in cash from other sources (including rollovers) | 2014-12-31 | $41,473 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2014-12-31 | $10,403 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2014-12-31 | $14,595 |
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 | $-588,126 |
Value of net assets at end of year (total assets less liabilities) | 2014-12-31 | $13,866,276 |
Value of net assets at beginning of year (total assets less liabilities) | 2014-12-31 | $14,454,402 |
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 | $11,599,605 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2014-12-31 | $10,466,397 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2014-12-31 | $908,617 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2014-12-31 | $903,595 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2014-12-31 | $903,595 |
Asset value of US Government securities at end of year | 2014-12-31 | $545,706 |
Asset value of US Government securities at beginning of year | 2014-12-31 | $525,330 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2014-12-31 | $751,201 |
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 |
Contributions received in cash from employer | 2014-12-31 | $272,263 |
Employer contributions (assets) at end of year | 2014-12-31 | $10,000 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2014-12-31 | $2,448,887 |
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 |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2014-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2014-12-31 | Disclaimer |
Accountancy firm name | 2014-12-31 | PLANTE & MORAN PLLC |
Accountancy firm EIN | 2014-12-31 | 381357951 |
2013 : LAKE MICHIGAN FINANCIAL CORPORATION 401(K) SALARY REDUCTION PLAN & TRUST 2013 401k financial data |
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Total unrealized appreciation/depreciation of assets | 2013-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2013-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2013-12-31 | $0 |
Total income from all sources (including contributions) | 2013-12-31 | $3,423,239 |
Total loss/gain on sale of assets | 2013-12-31 | $0 |
Total of all expenses incurred | 2013-12-31 | $803,652 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2013-12-31 | $766,944 |
Value of total corrective distributions | 2013-12-31 | $8,110 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2013-12-31 | $1,185,355 |
Value of total assets at end of year | 2013-12-31 | $14,454,402 |
Value of total assets at beginning of year | 2013-12-31 | $11,834,815 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2013-12-31 | $28,598 |
Total interest from all sources | 2013-12-31 | $0 |
Total dividends received (eg from common stock, registered investment company shares) | 2013-12-31 | $0 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2013-12-31 | No |
Administrative expenses professional fees incurred | 2013-12-31 | $28,598 |
Was this plan covered by a fidelity bond | 2013-12-31 | Yes |
Value of fidelity bond cover | 2013-12-31 | $3,000,000 |
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 | $826,735 |
Assets. Other investments not covered elsewhere at end of year | 2013-12-31 | $2,544,485 |
Assets. Other investments not covered elsewhere at beginning of year | 2013-12-31 | $2,458,460 |
Income. Received or receivable in cash from other sources (including rollovers) | 2013-12-31 | $86,301 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2013-12-31 | $14,595 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2013-12-31 | $8,881 |
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 | $2,619,587 |
Value of net assets at end of year (total assets less liabilities) | 2013-12-31 | $14,454,402 |
Value of net assets at beginning of year (total assets less liabilities) | 2013-12-31 | $11,834,815 |
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 | $10,466,397 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2013-12-31 | $8,387,316 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2013-12-31 | $903,595 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2013-12-31 | $818,116 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2013-12-31 | $818,116 |
Asset value of US Government securities at end of year | 2013-12-31 | $525,330 |
Asset value of US Government securities at beginning of year | 2013-12-31 | $162,042 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2013-12-31 | $2,237,884 |
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 |
Contributions received in cash from employer | 2013-12-31 | $272,319 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2013-12-31 | $766,944 |
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2013-12-31 | No |
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 |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2013-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2013-12-31 | Disclaimer |
Accountancy firm name | 2013-12-31 | PLANTE & MORAN PLLC |
Accountancy firm EIN | 2013-12-31 | 381357951 |
2012 : LAKE MICHIGAN FINANCIAL CORPORATION 401(K) SALARY REDUCTION PLAN & TRUST 2012 401k financial data |
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Total unrealized appreciation/depreciation of assets | 2012-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2012-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2012-12-31 | $0 |
Total income from all sources (including contributions) | 2012-12-31 | $2,482,529 |
Total loss/gain on sale of assets | 2012-12-31 | $0 |
Total of all expenses incurred | 2012-12-31 | $500,334 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2012-12-31 | $473,430 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2012-12-31 | $1,147,290 |
Value of total assets at end of year | 2012-12-31 | $11,834,815 |
Value of total assets at beginning of year | 2012-12-31 | $9,852,620 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2012-12-31 | $26,904 |
Total interest from all sources | 2012-12-31 | $103 |
Total dividends received (eg from common stock, registered investment company shares) | 2012-12-31 | $0 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2012-12-31 | No |
Administrative expenses professional fees incurred | 2012-12-31 | $26,904 |
Was this plan covered by a fidelity bond | 2012-12-31 | Yes |
Value of fidelity bond cover | 2012-12-31 | $3,000,000 |
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 | $753,957 |
Assets. Other investments not covered elsewhere at end of year | 2012-12-31 | $2,458,460 |
Assets. Other investments not covered elsewhere at beginning of year | 2012-12-31 | $1,780,213 |
Income. Received or receivable in cash from other sources (including rollovers) | 2012-12-31 | $143,653 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2012-12-31 | $8,881 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2012-12-31 | $6,272 |
Other income not declared elsewhere | 2012-12-31 | $244,569 |
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 | $1,982,195 |
Value of net assets at end of year (total assets less liabilities) | 2012-12-31 | $11,834,815 |
Value of net assets at beginning of year (total assets less liabilities) | 2012-12-31 | $9,852,620 |
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 | $8,387,316 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2012-12-31 | $7,079,255 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2012-12-31 | $818,116 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2012-12-31 | $884,072 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2012-12-31 | $884,072 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2012-12-31 | $103 |
Asset value of US Government securities at end of year | 2012-12-31 | $162,042 |
Asset value of US Government securities at beginning of year | 2012-12-31 | $102,808 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2012-12-31 | $1,090,567 |
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 |
Contributions received in cash from employer | 2012-12-31 | $249,680 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2012-12-31 | $473,430 |
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2012-12-31 | No |
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 |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2012-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2012-12-31 | Disclaimer |
Accountancy firm name | 2012-12-31 | PLANTE & MORAN PLLC |
Accountancy firm EIN | 2012-12-31 | 381357951 |
2011 : LAKE MICHIGAN FINANCIAL CORPORATION 401(K) SALARY REDUCTION PLAN & TRUST 2011 401k financial data |
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Total unrealized appreciation/depreciation of assets | 2011-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2011-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2011-12-31 | $0 |
Total income from all sources (including contributions) | 2011-12-31 | $956,834 |
Total loss/gain on sale of assets | 2011-12-31 | $0 |
Total of all expenses incurred | 2011-12-31 | $761,985 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2011-12-31 | $748,428 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2011-12-31 | $1,211,530 |
Value of total assets at end of year | 2011-12-31 | $9,852,620 |
Value of total assets at beginning of year | 2011-12-31 | $9,657,771 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2011-12-31 | $13,557 |
Total interest from all sources | 2011-12-31 | $107 |
Total dividends received (eg from common stock, registered investment company shares) | 2011-12-31 | $0 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2011-12-31 | No |
Administrative expenses professional fees incurred | 2011-12-31 | $13,557 |
Was this plan covered by a fidelity bond | 2011-12-31 | Yes |
Value of fidelity bond cover | 2011-12-31 | $3,000,000 |
If this is an individual account plan, was there a blackout period | 2011-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2011-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2011-12-31 | No |
Contributions received from participants | 2011-12-31 | $701,928 |
Assets. Other investments not covered elsewhere at end of year | 2011-12-31 | $1,780,213 |
Assets. Other investments not covered elsewhere at beginning of year | 2011-12-31 | $2,215,117 |
Income. Received or receivable in cash from other sources (including rollovers) | 2011-12-31 | $279,807 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2011-12-31 | $6,272 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2011-12-31 | $6,671 |
Other income not declared elsewhere | 2011-12-31 | $-72,176 |
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 | $194,849 |
Value of net assets at end of year (total assets less liabilities) | 2011-12-31 | $9,852,620 |
Value of net assets at beginning of year (total assets less liabilities) | 2011-12-31 | $9,657,771 |
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 | $7,079,255 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2011-12-31 | $6,924,621 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2011-12-31 | $884,072 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2011-12-31 | $511,362 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2011-12-31 | $511,362 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2011-12-31 | $107 |
Asset value of US Government securities at end of year | 2011-12-31 | $102,808 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2011-12-31 | $-182,627 |
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 |
Contributions received in cash from employer | 2011-12-31 | $229,795 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2011-12-31 | $748,428 |
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2011-12-31 | No |
Did the plan have assets held for investment | 2011-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2011-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2011-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2011-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2011-12-31 | Disclaimer |
Accountancy firm name | 2011-12-31 | PLANTE & MORAN PLLC |
Accountancy firm EIN | 2011-12-31 | 381357951 |
2010 : LAKE MICHIGAN FINANCIAL CORPORATION 401(K) SALARY REDUCTION PLAN & TRUST 2010 401k financial data |
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Total unrealized appreciation/depreciation of assets | 2010-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2010-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2010-12-31 | $5,427 |
Total income from all sources (including contributions) | 2010-12-31 | $2,187,828 |
Total loss/gain on sale of assets | 2010-12-31 | $0 |
Total of all expenses incurred | 2010-12-31 | $661,423 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2010-12-31 | $649,480 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2010-12-31 | $988,902 |
Value of total assets at end of year | 2010-12-31 | $9,657,771 |
Value of total assets at beginning of year | 2010-12-31 | $8,136,793 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2010-12-31 | $11,943 |
Total interest from all sources | 2010-12-31 | $125 |
Total dividends received (eg from common stock, registered investment company shares) | 2010-12-31 | $0 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2010-12-31 | No |
Administrative expenses professional fees incurred | 2010-12-31 | $11,943 |
Was this plan covered by a fidelity bond | 2010-12-31 | Yes |
Value of fidelity bond cover | 2010-12-31 | $3,000,000 |
If this is an individual account plan, was there a blackout period | 2010-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2010-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2010-12-31 | No |
Contributions received from participants | 2010-12-31 | $655,076 |
Participant contributions at beginning of year | 2010-12-31 | $0 |
Assets. Other investments not covered elsewhere at end of year | 2010-12-31 | $2,215,117 |
Assets. Other investments not covered elsewhere at beginning of year | 2010-12-31 | $1,934,640 |
Income. Received or receivable in cash from other sources (including rollovers) | 2010-12-31 | $122,397 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2010-12-31 | $6,671 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2010-12-31 | $7,078 |
Other income not declared elsewhere | 2010-12-31 | $241,916 |
Total non interest bearing cash at beginning of year | 2010-12-31 | $0 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2010-12-31 | No |
Value of net income/loss | 2010-12-31 | $1,526,405 |
Value of net assets at end of year (total assets less liabilities) | 2010-12-31 | $9,657,771 |
Value of net assets at beginning of year (total assets less liabilities) | 2010-12-31 | $8,131,366 |
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 | $6,924,621 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2010-12-31 | $5,542,247 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2010-12-31 | $511,362 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2010-12-31 | $652,828 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2010-12-31 | $652,828 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2010-12-31 | $125 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2010-12-31 | $956,885 |
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 |
Contributions received in cash from employer | 2010-12-31 | $211,429 |
Employer contributions (assets) at beginning of year | 2010-12-31 | $0 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2010-12-31 | $649,480 |
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2010-12-31 | No |
Liabilities. Value of benefit claims payable at beginning of year | 2010-12-31 | $5,427 |
Did the plan have assets held for investment | 2010-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2010-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2010-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2010-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2010-12-31 | Disclaimer |
Accountancy firm name | 2010-12-31 | ANDREWS HOOPER & PAVLIK PLC |
Accountancy firm EIN | 2010-12-31 | 383133790 |
2009 : LAKE MICHIGAN FINANCIAL CORPORATION 401(K) SALARY REDUCTION PLAN & TRUST 2009 401k financial data |
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Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2009-12-31 | $0 |