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BANK OF HOLMEN PENSION AND PROFIT SHARING PLAN 401k Plan overview

Plan NameBANK OF HOLMEN PENSION AND PROFIT SHARING PLAN
Plan identification number 002

BANK OF HOLMEN PENSION AND PROFIT SHARING PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Profit-sharing
  • Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
  • Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.

401k Sponsoring company profile

PARK BANK has sponsored the creation of one or more 401k plans.

Company Name:PARK BANK
Employer identification number (EIN):390147790
NAIC Classification:522110
NAIC Description:Commercial Banking

Form 5500 Filing Information

Submission information for form 5500 for 401k plan BANK OF HOLMEN PENSION AND PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022022-01-01MORGAN FARMER2023-05-06 MORGAN C FARMER2023-05-06
0022021-01-01MORGAN FARMER2022-07-21 MORGAN C. FARMER2022-07-21
0022020-01-01MORGAN FARMER2021-09-30 PARK BANK2021-09-30
0022019-01-01MORGAN FARMER2020-07-31 MORGAN FARMER2020-07-31
0022018-01-01MORGAN FARMER2019-08-22 MORGAN C. FARMER2019-08-22
0022017-01-01DOUGLAS L. FARMER2018-08-27
0022016-01-01DOUGLAS FARMER2017-07-13
0022015-01-01DOUGLAS FARMER2016-10-13
0022014-01-01DOUGLAS FARMER2015-05-27
0022013-01-01DOUGLAS FARMER2014-04-23
0022012-01-01DOUGLAS FARMER
0022011-01-01DOUGLAS FARMER
0022009-01-01DOUGLAS L. FARMER DOUGLAS L. FARMER2010-07-07

Plan Statistics for BANK OF HOLMEN PENSION AND PROFIT SHARING PLAN

401k plan membership statisitcs for BANK OF HOLMEN PENSION AND PROFIT SHARING PLAN

Measure Date Value
2012: BANK OF HOLMEN PENSION AND PROFIT SHARING PLAN 2012 401k membership
Total participants, beginning-of-year2012-01-0133
Total number of active participants reported on line 7a of the Form 55002012-01-0118
Number of retired or separated participants receiving benefits2012-01-010
Number of other retired or separated participants entitled to future benefits2012-01-0116
Total of all active and inactive participants2012-01-0134
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-010
Total participants2012-01-0134
Number of participants with account balances2012-01-0134
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-010
2011: BANK OF HOLMEN PENSION AND PROFIT SHARING PLAN 2011 401k membership
Total participants, beginning-of-year2011-01-0132
Total number of active participants reported on line 7a of the Form 55002011-01-0120
Number of retired or separated participants receiving benefits2011-01-010
Number of other retired or separated participants entitled to future benefits2011-01-0113
Total of all active and inactive participants2011-01-0133
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-010
Total participants2011-01-0133
Number of participants with account balances2011-01-0133
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-010
2009: BANK OF HOLMEN PENSION AND PROFIT SHARING PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-0131
Total number of active participants reported on line 7a of the Form 55002009-01-0118
Number of retired or separated participants receiving benefits2009-01-010
Number of other retired or separated participants entitled to future benefits2009-01-0113
Total of all active and inactive participants2009-01-0131
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-010
Total participants2009-01-0131
Number of participants with account balances2009-01-0131
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-011

Financial Data on BANK OF HOLMEN PENSION AND PROFIT SHARING PLAN

Measure Date Value
2012 : BANK OF HOLMEN PENSION AND PROFIT SHARING PLAN 2012 401k financial data
Transfers to/from the plan2012-12-31$2,854,580
Total income from all sources2012-12-31$1,304,111
Expenses. Total of all expenses incurred2012-12-31$73,230
Benefits paid (including direct rollovers)2012-12-31$73,230
Total plan assets at end of year2012-12-31$7,666,607
Total plan assets at beginning of year2012-12-31$3,581,146
Value of fidelity bond covering the plan2012-12-31$1,825,000
Other income received2012-12-31$1,078,408
Net income (gross income less expenses)2012-12-31$1,230,881
Net plan assets at end of year (total assets less liabilities)2012-12-31$7,666,607
Net plan assets at beginning of year (total assets less liabilities)2012-12-31$3,581,146
Total contributions received or receivable from employer(s)2012-12-31$225,703
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2012-12-31$0
2011 : BANK OF HOLMEN PENSION AND PROFIT SHARING PLAN 2011 401k financial data
Total income from all sources2011-12-31$-11,325
Expenses. Total of all expenses incurred2011-12-31$52,866
Benefits paid (including direct rollovers)2011-12-31$52,598
Total plan assets at end of year2011-12-31$3,581,146
Total plan assets at beginning of year2011-12-31$3,645,337
Value of fidelity bond covering the plan2011-12-31$1,825,000
Other income received2011-12-31$-138,953
Net income (gross income less expenses)2011-12-31$-64,191
Net plan assets at end of year (total assets less liabilities)2011-12-31$3,581,146
Net plan assets at beginning of year (total assets less liabilities)2011-12-31$3,645,337
Total contributions received or receivable from employer(s)2011-12-31$127,628
Expenses. Administrative service providers (salaries,fees and commissions)2011-12-31$268
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2011-12-31$0
2010 : BANK OF HOLMEN PENSION AND PROFIT SHARING PLAN 2010 401k financial data
Total income from all sources2010-12-31$724,212
Expenses. Total of all expenses incurred2010-12-31$66,683
Benefits paid (including direct rollovers)2010-12-31$66,683
Total plan assets at end of year2010-12-31$3,645,337
Total plan assets at beginning of year2010-12-31$2,987,808
Value of fidelity bond covering the plan2010-12-31$1,825,000
Other income received2010-12-31$609,258
Net income (gross income less expenses)2010-12-31$657,529
Net plan assets at end of year (total assets less liabilities)2010-12-31$3,645,337
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$2,987,808
Total contributions received or receivable from employer(s)2010-12-31$114,954
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2010-12-31$0
2009 : BANK OF HOLMEN PENSION AND PROFIT SHARING PLAN 2009 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2009-12-31$0

Form 5500 Responses for BANK OF HOLMEN PENSION AND PROFIT SHARING PLAN

2012: BANK OF HOLMEN PENSION AND PROFIT SHARING PLAN 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01Submission has been amendedNo
2012-01-01This submission is the final filingNo
2012-01-01This return/report is a short plan year return/report (less than 12 months)No
2012-01-01Plan is a collectively bargained planNo
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement - TrustYes
2011: BANK OF HOLMEN PENSION AND PROFIT SHARING PLAN 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Submission has been amendedNo
2011-01-01This submission is the final filingNo
2011-01-01This return/report is a short plan year return/report (less than 12 months)No
2011-01-01Plan is a collectively bargained planNo
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement - TrustYes
2009: BANK OF HOLMEN PENSION AND PROFIT SHARING PLAN 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Submission has been amendedNo
2009-01-01This submission is the final filingNo
2009-01-01This return/report is a short plan year return/report (less than 12 months)No
2009-01-01Plan is a collectively bargained planNo
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement - TrustYes

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