PEOPLES STATE BANK has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan PEOPLES STATE BANK PROFIT SHARING 401(K) PLAN
| Measure | Date | Value |
|---|
| 2023 : PEOPLES STATE BANK PROFIT SHARING 401(K) PLAN 2023 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2023-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-12-31 | $9,614 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-12-31 | $5,904 |
| Total income from all sources (including contributions) | 2023-12-31 | $5,663,496 |
| Total loss/gain on sale of assets | 2023-12-31 | $0 |
| Total of all expenses incurred | 2023-12-31 | $3,772,557 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2023-12-31 | $3,660,098 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2023-12-31 | $2,196,071 |
| Value of total assets at end of year | 2023-12-31 | $26,164,879 |
| Value of total assets at beginning of year | 2023-12-31 | $24,270,230 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2023-12-31 | $112,459 |
| Total interest from all sources | 2023-12-31 | $13,705 |
| Total dividends received (eg from common stock, registered investment company shares) | 2023-12-31 | $126,909 |
| 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 | $126,909 |
| Was this plan covered by a fidelity bond | 2023-12-31 | Yes |
| Value of fidelity bond cover | 2023-12-31 | $1,000,000 |
| 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 | $982,207 |
| Participant contributions at end of year | 2023-12-31 | $229,744 |
| Participant contributions at beginning of year | 2023-12-31 | $235,383 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2023-12-31 | $329,695 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2023-12-31 | $16,860 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2023-12-31 | $12,875 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2023-12-31 | $9,614 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2023-12-31 | $5,904 |
| Total non interest bearing cash at end of year | 2023-12-31 | $9,614 |
| Total non interest bearing cash at beginning of year | 2023-12-31 | $5,904 |
| 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 | $1,890,939 |
| Value of net assets at end of year (total assets less liabilities) | 2023-12-31 | $26,155,265 |
| Value of net assets at beginning of year (total assets less liabilities) | 2023-12-31 | $24,264,326 |
| 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 |
| Investment advisory and management fees | 2023-12-31 | $58,842 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2023-12-31 | $21,691,601 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2023-12-31 | $20,470,547 |
| Interest on participant loans | 2023-12-31 | $13,705 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2023-12-31 | $2,412,325 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2023-12-31 | $1,751,841 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2023-12-31 | $1,751,841 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2023-12-31 | $3,326,811 |
| 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 | $1,242,582 |
| Assets. Invements in employer securities at beginning of year | 2023-12-31 | $1,127,872 |
| Contributions received in cash from employer | 2023-12-31 | $884,169 |
| Employer contributions (assets) at end of year | 2023-12-31 | $562,153 |
| Employer contributions (assets) at beginning of year | 2023-12-31 | $665,808 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2023-12-31 | $3,660,098 |
| 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 | WIPFLI LLP |
| Accountancy firm EIN | 2023-12-31 | 390758449 |
| Total unrealized appreciation/depreciation of assets | 2023-01-01 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-01-01 | $9,614 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-01-01 | $5,904 |
| Total income from all sources (including contributions) | 2023-01-01 | $5,663,496 |
| Total loss/gain on sale of assets | 2023-01-01 | $0 |
| Total of all expenses incurred | 2023-01-01 | $3,772,557 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2023-01-01 | $3,660,098 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2023-01-01 | $2,196,071 |
| Value of total assets at end of year | 2023-01-01 | $26,164,879 |
| Value of total assets at beginning of year | 2023-01-01 | $24,270,230 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2023-01-01 | $112,459 |
| Total interest from all sources | 2023-01-01 | $13,705 |
| Total dividends received (eg from common stock, registered investment company shares) | 2023-01-01 | $126,909 |
| 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 | $126,909 |
| Was this plan covered by a fidelity bond | 2023-01-01 | Yes |
| Value of fidelity bond cover | 2023-01-01 | $1,000,000 |
| 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 | $982,207 |
| Participant contributions at end of year | 2023-01-01 | $229,744 |
| Participant contributions at beginning of year | 2023-01-01 | $235,383 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2023-01-01 | $329,695 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2023-01-01 | $16,860 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2023-01-01 | $12,875 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2023-01-01 | $9,614 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2023-01-01 | $5,904 |
| Total non interest bearing cash at end of year | 2023-01-01 | $9,614 |
| Total non interest bearing cash at beginning of year | 2023-01-01 | $5,904 |
| 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 | $1,890,939 |
| Value of net assets at end of year (total assets less liabilities) | 2023-01-01 | $26,155,265 |
| Value of net assets at beginning of year (total assets less liabilities) | 2023-01-01 | $24,264,326 |
| 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 |
| Investment advisory and management fees | 2023-01-01 | $58,842 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2023-01-01 | $21,691,601 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2023-01-01 | $20,470,547 |
| Interest on participant loans | 2023-01-01 | $13,705 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2023-01-01 | $2,412,325 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2023-01-01 | $3,326,811 |
| 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 | $1,242,582 |
| Assets. Invements in employer securities at beginning of year | 2023-01-01 | $1,127,872 |
| Contributions received in cash from employer | 2023-01-01 | $884,169 |
| Employer contributions (assets) at end of year | 2023-01-01 | $562,153 |
| Employer contributions (assets) at beginning of year | 2023-01-01 | $665,808 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2023-01-01 | $3,660,098 |
| 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 | WIPFLI LLP |
| Accountancy firm EIN | 2023-01-01 | 390758449 |
| 2022 : PEOPLES STATE BANK PROFIT SHARING 401(K) PLAN 2022 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2022-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $5,904 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $1,257 |
| Total income from all sources (including contributions) | 2022-12-31 | $-2,602,488 |
| Total loss/gain on sale of assets | 2022-12-31 | $0 |
| Total of all expenses incurred | 2022-12-31 | $2,366,525 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $2,259,838 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $2,024,812 |
| Value of total assets at end of year | 2022-12-31 | $24,270,230 |
| Value of total assets at beginning of year | 2022-12-31 | $29,234,596 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $106,687 |
| Total interest from all sources | 2022-12-31 | $32,566 |
| Total dividends received (eg from common stock, registered investment company shares) | 2022-12-31 | $38,317 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-12-31 | No |
| Was this plan covered by a fidelity bond | 2022-12-31 | Yes |
| Value of fidelity bond cover | 2022-12-31 | $2,933,334 |
| 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 | $946,113 |
| Participant contributions at end of year | 2022-12-31 | $235,383 |
| Participant contributions at beginning of year | 2022-12-31 | $145,233 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2022-12-31 | $109,017 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2022-12-31 | $12,875 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2022-12-31 | $5,904 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2022-12-31 | $1,257 |
| Total non interest bearing cash at end of year | 2022-12-31 | $5,904 |
| Total non interest bearing cash at beginning of year | 2022-12-31 | $7,303 |
| 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 | $-4,969,013 |
| Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $24,264,326 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $29,233,339 |
| 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 |
| Investment advisory and management fees | 2022-12-31 | $56,102 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-12-31 | $20,470,547 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-12-31 | $25,915,453 |
| Interest on participant loans | 2022-12-31 | $9,431 |
| Value of interest in common/collective trusts at beginning of year | 2022-12-31 | $0 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2022-12-31 | $1,751,841 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2022-12-31 | $1,041,103 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2022-12-31 | $1,041,103 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2022-12-31 | $23,135 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-12-31 | $-4,698,183 |
| 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 | $1,127,872 |
| Assets. Invements in employer securities at beginning of year | 2022-12-31 | $1,412,405 |
| Contributions received in cash from employer | 2022-12-31 | $969,682 |
| Employer contributions (assets) at end of year | 2022-12-31 | $665,808 |
| Employer contributions (assets) at beginning of year | 2022-12-31 | $713,099 |
| Income. Dividends from common stock | 2022-12-31 | $38,317 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $2,259,838 |
| Contract administrator fees | 2022-12-31 | $50,585 |
| 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 |
| Opinion of an independent qualified public accountant for this plan | 2022-12-31 | Unqualified |
| Accountancy firm name | 2022-12-31 | WIPFLI LLP |
| Accountancy firm EIN | 2022-12-31 | 390758449 |
| Total unrealized appreciation/depreciation of assets | 2022-01-01 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-01-01 | $5,904 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-01-01 | $1,257 |
| Total income from all sources (including contributions) | 2022-01-01 | $-2,602,488 |
| Total loss/gain on sale of assets | 2022-01-01 | $0 |
| Total of all expenses incurred | 2022-01-01 | $2,366,525 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-01-01 | $2,259,838 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-01-01 | $2,024,812 |
| Value of total assets at end of year | 2022-01-01 | $24,270,230 |
| Value of total assets at beginning of year | 2022-01-01 | $29,234,596 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-01-01 | $106,687 |
| Total interest from all sources | 2022-01-01 | $32,566 |
| Total dividends received (eg from common stock, registered investment company shares) | 2022-01-01 | $38,317 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-01-01 | No |
| Was this plan covered by a fidelity bond | 2022-01-01 | Yes |
| Value of fidelity bond cover | 2022-01-01 | $2,933,334 |
| 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 | $946,113 |
| Participant contributions at end of year | 2022-01-01 | $235,383 |
| Participant contributions at beginning of year | 2022-01-01 | $145,233 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2022-01-01 | $109,017 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2022-01-01 | $12,875 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2022-01-01 | $5,904 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2022-01-01 | $1,257 |
| Total non interest bearing cash at end of year | 2022-01-01 | $5,904 |
| Total non interest bearing cash at beginning of year | 2022-01-01 | $7,303 |
| 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 | $-4,969,013 |
| Value of net assets at end of year (total assets less liabilities) | 2022-01-01 | $24,264,326 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-01-01 | $29,233,339 |
| 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 |
| Investment advisory and management fees | 2022-01-01 | $56,102 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-01-01 | $20,470,547 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-01-01 | $25,915,453 |
| Interest on participant loans | 2022-01-01 | $9,431 |
| Value of interest in common/collective trusts at beginning of year | 2022-01-01 | $0 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2022-01-01 | $1,751,841 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2022-01-01 | $23,135 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-01-01 | $-4,698,183 |
| 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 | $1,127,872 |
| Assets. Invements in employer securities at beginning of year | 2022-01-01 | $1,412,405 |
| Contributions received in cash from employer | 2022-01-01 | $969,682 |
| Employer contributions (assets) at end of year | 2022-01-01 | $665,808 |
| Employer contributions (assets) at beginning of year | 2022-01-01 | $713,099 |
| Income. Dividends from common stock | 2022-01-01 | $38,317 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-01-01 | $2,259,838 |
| Contract administrator fees | 2022-01-01 | $50,585 |
| 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 |
| Opinion of an independent qualified public accountant for this plan | 2022-01-01 | 1 |
| Accountancy firm name | 2022-01-01 | WIPFLI LLP |
| Accountancy firm EIN | 2022-01-01 | 390758449 |
| 2021 : PEOPLES STATE BANK PROFIT SHARING 401(K) PLAN 2021 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2021-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $1,257 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $1,191 |
| Total income from all sources (including contributions) | 2021-12-31 | $7,253,576 |
| Total loss/gain on sale of assets | 2021-12-31 | $0 |
| Total of all expenses incurred | 2021-12-31 | $2,931,729 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $2,837,375 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $3,659,944 |
| Value of total assets at end of year | 2021-12-31 | $29,234,596 |
| Value of total assets at beginning of year | 2021-12-31 | $24,912,683 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $94,354 |
| Total interest from all sources | 2021-12-31 | $6,556 |
| Total dividends received (eg from common stock, registered investment company shares) | 2021-12-31 | $27,988 |
| 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 | $2,762 |
| Was this plan covered by a fidelity bond | 2021-12-31 | Yes |
| Value of fidelity bond cover | 2021-12-31 | $5,000,000 |
| 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 | $888,048 |
| Participant contributions at end of year | 2021-12-31 | $145,233 |
| Participant contributions at beginning of year | 2021-12-31 | $91,369 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2021-12-31 | $1,789,420 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2021-12-31 | $1,257 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2021-12-31 | $1,191 |
| Administrative expenses (other) incurred | 2021-12-31 | $42,952 |
| Total non interest bearing cash at end of year | 2021-12-31 | $7,303 |
| Total non interest bearing cash at beginning of year | 2021-12-31 | $955 |
| 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 | $4,321,847 |
| Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $29,233,339 |
| Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $24,911,492 |
| 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 |
| Investment advisory and management fees | 2021-12-31 | $51,402 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2021-12-31 | $25,915,453 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2021-12-31 | $21,795,832 |
| Interest on participant loans | 2021-12-31 | $6,556 |
| Value of interest in common/collective trusts at end of year | 2021-12-31 | $0 |
| Value of interest in common/collective trusts at beginning of year | 2021-12-31 | $0 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2021-12-31 | $1,041,103 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2021-12-31 | $1,196,233 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2021-12-31 | $1,196,233 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2021-12-31 | $3,559,088 |
| 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 | $1,412,405 |
| Assets. Invements in employer securities at beginning of year | 2021-12-31 | $1,264,541 |
| Contributions received in cash from employer | 2021-12-31 | $982,476 |
| Employer contributions (assets) at end of year | 2021-12-31 | $713,099 |
| Employer contributions (assets) at beginning of year | 2021-12-31 | $563,753 |
| Income. Dividends from common stock | 2021-12-31 | $25,226 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-12-31 | $2,837,375 |
| 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 |
| Opinion of an independent qualified public accountant for this plan | 2021-12-31 | Unqualified |
| Accountancy firm name | 2021-12-31 | WIPLI LLP |
| Accountancy firm EIN | 2021-12-31 | 390758449 |
| 2020 : PEOPLES STATE BANK PROFIT SHARING 401(K) PLAN 2020 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2020-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-12-31 | $1,191 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-12-31 | $86,734 |
| Total income from all sources (including contributions) | 2020-12-31 | $4,734,297 |
| Total loss/gain on sale of assets | 2020-12-31 | $0 |
| Total of all expenses incurred | 2020-12-31 | $845,802 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-12-31 | $763,909 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2020-12-31 | $1,848,119 |
| Value of total assets at end of year | 2020-12-31 | $24,912,683 |
| Value of total assets at beginning of year | 2020-12-31 | $21,109,731 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-12-31 | $81,893 |
| Total interest from all sources | 2020-12-31 | $7,026 |
| Total dividends received (eg from common stock, registered investment company shares) | 2020-12-31 | $210,704 |
| 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 | $187,251 |
| Was this plan covered by a fidelity bond | 2020-12-31 | Yes |
| Value of fidelity bond cover | 2020-12-31 | $5,000,000 |
| 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 | $781,399 |
| Participant contributions at end of year | 2020-12-31 | $91,369 |
| Participant contributions at beginning of year | 2020-12-31 | $146,889 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2020-12-31 | $254,937 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2020-12-31 | $1,191 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2020-12-31 | $86,734 |
| Administrative expenses (other) incurred | 2020-12-31 | $35,583 |
| Total non interest bearing cash at end of year | 2020-12-31 | $955 |
| Total non interest bearing cash at beginning of year | 2020-12-31 | $86,734 |
| 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 | $3,888,495 |
| Value of net assets at end of year (total assets less liabilities) | 2020-12-31 | $24,911,492 |
| Value of net assets at beginning of year (total assets less liabilities) | 2020-12-31 | $21,022,997 |
| 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 |
| Investment advisory and management fees | 2020-12-31 | $46,310 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2020-12-31 | $21,795,832 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2020-12-31 | $18,080,853 |
| Interest on participant loans | 2020-12-31 | $7,026 |
| Value of interest in common/collective trusts at end of year | 2020-12-31 | $0 |
| Value of interest in common/collective trusts at beginning of year | 2020-12-31 | $684,313 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2020-12-31 | $1,196,233 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2020-12-31 | $11,094 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2020-12-31 | $11,094 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2020-12-31 | $2,668,448 |
| 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 | $1,264,541 |
| Assets. Invements in employer securities at beginning of year | 2020-12-31 | $1,519,128 |
| Contributions received in cash from employer | 2020-12-31 | $811,783 |
| Employer contributions (assets) at end of year | 2020-12-31 | $563,753 |
| Employer contributions (assets) at beginning of year | 2020-12-31 | $580,720 |
| Income. Dividends from common stock | 2020-12-31 | $23,453 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2020-12-31 | $763,909 |
| 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 |
| Opinion of an independent qualified public accountant for this plan | 2020-12-31 | Unqualified |
| Accountancy firm name | 2020-12-31 | WIPLI LLP |
| Accountancy firm EIN | 2020-12-31 | 390758449 |
| 2019 : PEOPLES STATE BANK PROFIT SHARING 401(K) PLAN 2019 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2019-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-12-31 | $86,734 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-12-31 | $89,506 |
| Total income from all sources (including contributions) | 2019-12-31 | $5,655,853 |
| Total loss/gain on sale of assets | 2019-12-31 | $0 |
| Total of all expenses incurred | 2019-12-31 | $1,165,180 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2019-12-31 | $1,088,581 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2019-12-31 | $1,716,429 |
| Value of total assets at end of year | 2019-12-31 | $21,109,731 |
| Value of total assets at beginning of year | 2019-12-31 | $16,621,830 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2019-12-31 | $76,599 |
| Total interest from all sources | 2019-12-31 | $9,740 |
| Total dividends received (eg from common stock, registered investment company shares) | 2019-12-31 | $712,809 |
| 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 | $692,230 |
| Was this plan covered by a fidelity bond | 2019-12-31 | Yes |
| Value of fidelity bond cover | 2019-12-31 | $5,000,000 |
| 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 | $739,459 |
| Participant contributions at end of year | 2019-12-31 | $146,889 |
| Participant contributions at beginning of year | 2019-12-31 | $198,700 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2019-12-31 | $165,302 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2019-12-31 | $1,933 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2019-12-31 | $86,734 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2019-12-31 | $89,506 |
| Other income not declared elsewhere | 2019-12-31 | $4,544 |
| Administrative expenses (other) incurred | 2019-12-31 | $32,698 |
| Total non interest bearing cash at end of year | 2019-12-31 | $86,734 |
| Total non interest bearing cash at beginning of year | 2019-12-31 | $87,573 |
| 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 | $4,490,673 |
| Value of net assets at end of year (total assets less liabilities) | 2019-12-31 | $21,022,997 |
| Value of net assets at beginning of year (total assets less liabilities) | 2019-12-31 | $16,532,324 |
| 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 |
| Investment advisory and management fees | 2019-12-31 | $43,901 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2019-12-31 | $18,080,853 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2019-12-31 | $14,077,440 |
| Interest on participant loans | 2019-12-31 | $9,740 |
| Value of interest in common/collective trusts at end of year | 2019-12-31 | $684,313 |
| Value of interest in common/collective trusts at beginning of year | 2019-12-31 | $476,985 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2019-12-31 | $11,094 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2019-12-31 | $19,155 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2019-12-31 | $19,155 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2019-12-31 | $3,211,952 |
| Net investment gain or loss from common/collective trusts | 2019-12-31 | $379 |
| 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 | $1,519,128 |
| Assets. Invements in employer securities at beginning of year | 2019-12-31 | $1,233,900 |
| Contributions received in cash from employer | 2019-12-31 | $811,668 |
| Employer contributions (assets) at end of year | 2019-12-31 | $580,720 |
| Employer contributions (assets) at beginning of year | 2019-12-31 | $526,144 |
| Income. Dividends from common stock | 2019-12-31 | $20,579 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2019-12-31 | $1,088,581 |
| 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 |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2019-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2019-12-31 | Disclaimer |
| Accountancy firm name | 2019-12-31 | WIPLI LLP |
| Accountancy firm EIN | 2019-12-31 | 390758449 |
| 2018 : PEOPLES STATE BANK PROFIT SHARING 401(K) PLAN 2018 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2018-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2018-12-31 | $89,506 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2018-12-31 | $53,077 |
| Total income from all sources (including contributions) | 2018-12-31 | $237,016 |
| Total loss/gain on sale of assets | 2018-12-31 | $0 |
| Total of all expenses incurred | 2018-12-31 | $1,552,059 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2018-12-31 | $1,486,896 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2018-12-31 | $1,513,180 |
| Value of total assets at end of year | 2018-12-31 | $16,621,830 |
| Value of total assets at beginning of year | 2018-12-31 | $17,900,444 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2018-12-31 | $65,163 |
| Total interest from all sources | 2018-12-31 | $10,404 |
| Total dividends received (eg from common stock, registered investment company shares) | 2018-12-31 | $686,196 |
| 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 | $668,319 |
| Was this plan covered by a fidelity bond | 2018-12-31 | Yes |
| Value of fidelity bond cover | 2018-12-31 | $5,000,000 |
| 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 | $652,282 |
| Participant contributions at end of year | 2018-12-31 | $198,700 |
| Participant contributions at beginning of year | 2018-12-31 | $231,998 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2018-12-31 | $132,985 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2018-12-31 | $1,933 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2018-12-31 | $1,497 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2018-12-31 | $89,506 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2018-12-31 | $53,077 |
| Other income not declared elsewhere | 2018-12-31 | $-2,483 |
| Administrative expenses (other) incurred | 2018-12-31 | $30,840 |
| Total non interest bearing cash at end of year | 2018-12-31 | $87,573 |
| Total non interest bearing cash at beginning of year | 2018-12-31 | $51,579 |
| 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 | $-1,315,043 |
| Value of net assets at end of year (total assets less liabilities) | 2018-12-31 | $16,532,324 |
| Value of net assets at beginning of year (total assets less liabilities) | 2018-12-31 | $17,847,367 |
| 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 |
| Investment advisory and management fees | 2018-12-31 | $34,323 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2018-12-31 | $14,077,440 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2018-12-31 | $14,992,001 |
| Interest on participant loans | 2018-12-31 | $10,404 |
| Value of interest in common/collective trusts at end of year | 2018-12-31 | $476,985 |
| Value of interest in common/collective trusts at beginning of year | 2018-12-31 | $553,553 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2018-12-31 | $19,155 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2018-12-31 | $4,133 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2018-12-31 | $4,133 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2018-12-31 | $-1,970,554 |
| Net investment gain or loss from common/collective trusts | 2018-12-31 | $273 |
| 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 | $1,233,900 |
| Assets. Invements in employer securities at beginning of year | 2018-12-31 | $1,301,563 |
| Contributions received in cash from employer | 2018-12-31 | $727,913 |
| Employer contributions (assets) at end of year | 2018-12-31 | $526,144 |
| Employer contributions (assets) at beginning of year | 2018-12-31 | $764,120 |
| Income. Dividends from common stock | 2018-12-31 | $17,877 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2018-12-31 | $1,486,896 |
| 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 |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2018-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2018-12-31 | Disclaimer |
| Accountancy firm name | 2018-12-31 | HERMANS & ASSOCIATES, CPA'S, S.C. |
| Accountancy firm EIN | 2018-12-31 | 391421794 |
| 2017 : PEOPLES STATE BANK PROFIT SHARING 401(K) PLAN 2017 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2017-12-31 | $0 |
| Total transfer of assets to this plan | 2017-12-31 | $0 |
| Total transfer of assets from this plan | 2017-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2017-12-31 | $53,077 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2017-12-31 | $41,451 |
| Total income from all sources (including contributions) | 2017-12-31 | $4,492,015 |
| Total loss/gain on sale of assets | 2017-12-31 | $0 |
| Total of all expenses incurred | 2017-12-31 | $733,382 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2017-12-31 | $671,655 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2017-12-31 | $1,627,574 |
| Value of total assets at end of year | 2017-12-31 | $17,900,444 |
| Value of total assets at beginning of year | 2017-12-31 | $14,130,185 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2017-12-31 | $61,727 |
| Total interest from all sources | 2017-12-31 | $8,773 |
| Total dividends received (eg from common stock, registered investment company shares) | 2017-12-31 | $554,405 |
| 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 | $538,812 |
| Was this plan covered by a fidelity bond | 2017-12-31 | Yes |
| Value of fidelity bond cover | 2017-12-31 | $5,000,000 |
| 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 | $621,059 |
| Participant contributions at end of year | 2017-12-31 | $231,998 |
| Participant contributions at beginning of year | 2017-12-31 | $216,106 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2017-12-31 | $242,395 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2017-12-31 | $1,497 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2017-12-31 | $0 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2017-12-31 | $53,077 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2017-12-31 | $41,451 |
| Other income not declared elsewhere | 2017-12-31 | $958 |
| Administrative expenses (other) incurred | 2017-12-31 | $28,259 |
| Total non interest bearing cash at end of year | 2017-12-31 | $51,579 |
| Total non interest bearing cash at beginning of year | 2017-12-31 | $41,451 |
| 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 | $3,758,633 |
| Value of net assets at end of year (total assets less liabilities) | 2017-12-31 | $17,847,367 |
| Value of net assets at beginning of year (total assets less liabilities) | 2017-12-31 | $14,088,734 |
| 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 |
| Investment advisory and management fees | 2017-12-31 | $33,468 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2017-12-31 | $14,992,001 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2017-12-31 | $11,487,042 |
| Interest on participant loans | 2017-12-31 | $8,651 |
| Value of interest in common/collective trusts at end of year | 2017-12-31 | $553,553 |
| Value of interest in common/collective trusts at beginning of year | 2017-12-31 | $771,466 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2017-12-31 | $4,133 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2017-12-31 | $16,123 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2017-12-31 | $16,123 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2017-12-31 | $122 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2017-12-31 | $2,300,305 |
| 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 | $1,301,563 |
| Assets. Invements in employer securities at beginning of year | 2017-12-31 | $938,513 |
| Contributions received in cash from employer | 2017-12-31 | $764,120 |
| Employer contributions (assets) at end of year | 2017-12-31 | $764,120 |
| Employer contributions (assets) at beginning of year | 2017-12-31 | $659,484 |
| Income. Dividends from common stock | 2017-12-31 | $15,593 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2017-12-31 | $671,655 |
| 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 |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2017-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2017-12-31 | Disclaimer |
| Accountancy firm name | 2017-12-31 | WIPFLI LLP |
| Accountancy firm EIN | 2017-12-31 | 390758449 |
| 2016 : PEOPLES STATE BANK PROFIT SHARING 401(K) PLAN 2016 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2016-12-31 | $0 |
| Total transfer of assets to this plan | 2016-12-31 | $0 |
| Total transfer of assets from this plan | 2016-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2016-12-31 | $41,451 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2016-12-31 | $32,577 |
| Total income from all sources (including contributions) | 2016-12-31 | $2,600,141 |
| Total loss/gain on sale of assets | 2016-12-31 | $0 |
| Total of all expenses incurred | 2016-12-31 | $1,449,729 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2016-12-31 | $1,397,032 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2016-12-31 | $1,368,566 |
| Value of total assets at end of year | 2016-12-31 | $14,130,185 |
| Value of total assets at beginning of year | 2016-12-31 | $12,970,899 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2016-12-31 | $52,697 |
| Total interest from all sources | 2016-12-31 | $7,983 |
| Total dividends received (eg from common stock, registered investment company shares) | 2016-12-31 | $430,374 |
| 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 | $417,225 |
| Was this plan covered by a fidelity bond | 2016-12-31 | Yes |
| Value of fidelity bond cover | 2016-12-31 | $5,000,000 |
| If this is an individual account plan, was there a blackout period | 2016-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2016-12-31 | No |
| Contributions received from participants | 2016-12-31 | $575,476 |
| Participant contributions at end of year | 2016-12-31 | $216,106 |
| Participant contributions at beginning of year | 2016-12-31 | $194,869 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2016-12-31 | $133,606 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2016-12-31 | $0 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2016-12-31 | $2,641 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2016-12-31 | $41,451 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2016-12-31 | $32,577 |
| Other income not declared elsewhere | 2016-12-31 | $1,656 |
| Administrative expenses (other) incurred | 2016-12-31 | $52,697 |
| Total non interest bearing cash at end of year | 2016-12-31 | $41,451 |
| Total non interest bearing cash at beginning of year | 2016-12-31 | $36,667 |
| 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 | $1,150,412 |
| Value of net assets at end of year (total assets less liabilities) | 2016-12-31 | $14,088,734 |
| Value of net assets at beginning of year (total assets less liabilities) | 2016-12-31 | $12,938,322 |
| 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 | $11,487,042 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2016-12-31 | $11,003,801 |
| Interest on participant loans | 2016-12-31 | $7,922 |
| Value of interest in common/collective trusts at end of year | 2016-12-31 | $771,466 |
| Value of interest in common/collective trusts at beginning of year | 2016-12-31 | $423,124 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2016-12-31 | $16,123 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2016-12-31 | $12,884 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2016-12-31 | $12,884 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2016-12-31 | $61 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2016-12-31 | $791,562 |
| 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 | $938,513 |
| Assets. Invements in employer securities at beginning of year | 2016-12-31 | $655,785 |
| Contributions received in cash from employer | 2016-12-31 | $659,484 |
| Employer contributions (assets) at end of year | 2016-12-31 | $659,484 |
| Employer contributions (assets) at beginning of year | 2016-12-31 | $641,128 |
| Income. Dividends from common stock | 2016-12-31 | $13,149 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2016-12-31 | $1,397,032 |
| 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 |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2016-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2016-12-31 | Disclaimer |
| Accountancy firm name | 2016-12-31 | WIPFLI LLP |
| Accountancy firm EIN | 2016-12-31 | 390758449 |
| 2015 : PEOPLES STATE BANK PROFIT SHARING 401(K) PLAN 2015 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2015-12-31 | $0 |
| Total transfer of assets to this plan | 2015-12-31 | $0 |
| Total transfer of assets from this plan | 2015-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2015-12-31 | $32,577 |
| 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 | $1,474,791 |
| Total loss/gain on sale of assets | 2015-12-31 | $0 |
| Total of all expenses incurred | 2015-12-31 | $933,823 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2015-12-31 | $879,161 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2015-12-31 | $1,483,231 |
| Value of total assets at end of year | 2015-12-31 | $12,970,899 |
| Value of total assets at beginning of year | 2015-12-31 | $12,397,354 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2015-12-31 | $54,662 |
| Total interest from all sources | 2015-12-31 | $3,183 |
| Total dividends received (eg from common stock, registered investment company shares) | 2015-12-31 | $481,650 |
| 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 | $470,579 |
| Was this plan covered by a fidelity bond | 2015-12-31 | Yes |
| Value of fidelity bond cover | 2015-12-31 | $5,000,000 |
| 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 | $554,323 |
| Participant contributions at end of year | 2015-12-31 | $194,869 |
| Participant contributions at beginning of year | 2015-12-31 | $71,749 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2015-12-31 | $287,780 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2015-12-31 | $2,641 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2015-12-31 | $32,577 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2015-12-31 | $0 |
| Other income not declared elsewhere | 2015-12-31 | $-31,085 |
| Administrative expenses (other) incurred | 2015-12-31 | $18,676 |
| Total non interest bearing cash at end of year | 2015-12-31 | $36,667 |
| Total non interest bearing cash at beginning of year | 2015-12-31 | $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 | 2015-12-31 | No |
| Value of net income/loss | 2015-12-31 | $540,968 |
| Value of net assets at end of year (total assets less liabilities) | 2015-12-31 | $12,938,322 |
| Value of net assets at beginning of year (total assets less liabilities) | 2015-12-31 | $12,397,354 |
| 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 |
| Investment advisory and management fees | 2015-12-31 | $35,986 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2015-12-31 | $11,003,801 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2015-12-31 | $10,894,236 |
| Interest on participant loans | 2015-12-31 | $3,178 |
| Value of interest in common/collective trusts at end of year | 2015-12-31 | $423,124 |
| Value of interest in common/collective trusts at beginning of year | 2015-12-31 | $420,809 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2015-12-31 | $12,884 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2015-12-31 | $27,943 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2015-12-31 | $27,943 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2015-12-31 | $5 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2015-12-31 | $-462,188 |
| 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 | $655,785 |
| Assets. Invements in employer securities at beginning of year | 2015-12-31 | $453,761 |
| Contributions received in cash from employer | 2015-12-31 | $641,128 |
| Employer contributions (assets) at end of year | 2015-12-31 | $641,128 |
| Employer contributions (assets) at beginning of year | 2015-12-31 | $528,856 |
| Income. Dividends from common stock | 2015-12-31 | $11,071 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2015-12-31 | $879,161 |
| Liabilities. Value of benefit claims payable at beginning of year | 2015-12-31 | $0 |
| 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 | WIPFLI LLP |
| Accountancy firm EIN | 2015-12-31 | 390758449 |
| 2014 : PEOPLES STATE BANK PROFIT SHARING 401(K) PLAN 2014 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2014-12-31 | $52,440 |
| Total unrealized appreciation/depreciation of assets | 2014-12-31 | $52,440 |
| Total income from all sources (including contributions) | 2014-12-31 | $2,127,001 |
| Total of all expenses incurred | 2014-12-31 | $669,386 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2014-12-31 | $618,138 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2014-12-31 | $1,375,950 |
| Value of total assets at end of year | 2014-12-31 | $12,397,354 |
| Value of total assets at beginning of year | 2014-12-31 | $10,939,739 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2014-12-31 | $51,248 |
| Total interest from all sources | 2014-12-31 | $3,670 |
| Total dividends received (eg from common stock, registered investment company shares) | 2014-12-31 | $487,757 |
| 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 | $478,146 |
| Was this plan covered by a fidelity bond | 2014-12-31 | Yes |
| Value of fidelity bond cover | 2014-12-31 | $5,000,000 |
| 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 | $493,484 |
| Participant contributions at end of year | 2014-12-31 | $71,749 |
| Participant contributions at beginning of year | 2014-12-31 | $112,633 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2014-12-31 | $353,589 |
| 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 | $1,457,615 |
| Value of net assets at end of year (total assets less liabilities) | 2014-12-31 | $12,397,354 |
| Value of net assets at beginning of year (total assets less liabilities) | 2014-12-31 | $10,939,739 |
| 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 |
| Investment advisory and management fees | 2014-12-31 | $37,390 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2014-12-31 | $10,894,236 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2014-12-31 | $9,538,470 |
| Interest on participant loans | 2014-12-31 | $3,670 |
| Value of interest in common/collective trusts at end of year | 2014-12-31 | $420,809 |
| Value of interest in common/collective trusts at beginning of year | 2014-12-31 | $480,203 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2014-12-31 | $27,943 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2014-12-31 | $1,632 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2014-12-31 | $1,632 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2014-12-31 | $202,929 |
| Net investment gain or loss from common/collective trusts | 2014-12-31 | $4,255 |
| 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 | $453,761 |
| Assets. Invements in employer securities at beginning of year | 2014-12-31 | $373,062 |
| Contributions received in cash from employer | 2014-12-31 | $528,877 |
| Employer contributions (assets) at end of year | 2014-12-31 | $528,856 |
| Employer contributions (assets) at beginning of year | 2014-12-31 | $433,739 |
| Income. Dividends from common stock | 2014-12-31 | $9,611 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2014-12-31 | $618,138 |
| Contract administrator fees | 2014-12-31 | $13,858 |
| 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 | No |
| Opinion of an independent qualified public accountant for this plan | 2014-12-31 | Unqualified |
| Accountancy firm name | 2014-12-31 | WIPFLI LLP |
| Accountancy firm EIN | 2014-12-31 | 390758449 |
| 2013 : PEOPLES STATE BANK PROFIT SHARING 401(K) PLAN 2013 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2013-12-31 | $60,569 |
| Total unrealized appreciation/depreciation of assets | 2013-12-31 | $60,569 |
| Total income from all sources (including contributions) | 2013-12-31 | $2,698,693 |
| Total of all expenses incurred | 2013-12-31 | $204,677 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2013-12-31 | $156,048 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2013-12-31 | $969,745 |
| Value of total assets at end of year | 2013-12-31 | $10,939,739 |
| Value of total assets at beginning of year | 2013-12-31 | $8,445,723 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2013-12-31 | $48,629 |
| Total interest from all sources | 2013-12-31 | $5,107 |
| Total dividends received (eg from common stock, registered investment company shares) | 2013-12-31 | $285,802 |
| 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 | $281,090 |
| Was this plan covered by a fidelity bond | 2013-12-31 | Yes |
| Value of fidelity bond cover | 2013-12-31 | $5,000,000 |
| If this is an individual account plan, was there a blackout period | 2013-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2013-12-31 | No |
| Contributions received from participants | 2013-12-31 | $506,817 |
| Participant contributions at end of year | 2013-12-31 | $112,633 |
| Participant contributions at beginning of year | 2013-12-31 | $128,010 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2013-12-31 | $29,189 |
| 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 | $2,494,016 |
| Value of net assets at end of year (total assets less liabilities) | 2013-12-31 | $10,939,739 |
| Value of net assets at beginning of year (total assets less liabilities) | 2013-12-31 | $8,445,723 |
| 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 |
| Investment advisory and management fees | 2013-12-31 | $35,204 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2013-12-31 | $9,538,470 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2013-12-31 | $6,958,507 |
| Interest on participant loans | 2013-12-31 | $5,107 |
| Value of interest in common/collective trusts at end of year | 2013-12-31 | $480,203 |
| Value of interest in common/collective trusts at beginning of year | 2013-12-31 | $562,805 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2013-12-31 | $1,632 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2013-12-31 | $4,336 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2013-12-31 | $4,336 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2013-12-31 | $1,371,792 |
| Net investment gain or loss from common/collective trusts | 2013-12-31 | $5,678 |
| 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 | $373,062 |
| Assets. Invements in employer securities at beginning of year | 2013-12-31 | $284,934 |
| Contributions received in cash from employer | 2013-12-31 | $433,739 |
| Employer contributions (assets) at end of year | 2013-12-31 | $433,739 |
| Employer contributions (assets) at beginning of year | 2013-12-31 | $507,131 |
| Income. Dividends from common stock | 2013-12-31 | $4,712 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2013-12-31 | $156,048 |
| Contract administrator fees | 2013-12-31 | $13,425 |
| 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 | No |
| Opinion of an independent qualified public accountant for this plan | 2013-12-31 | Unqualified |
| Accountancy firm name | 2013-12-31 | WIPFLI LLP |
| Accountancy firm EIN | 2013-12-31 | 390758449 |
| 2012 : PEOPLES STATE BANK PROFIT SHARING 401(K) PLAN 2012 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2012-12-31 | $23,637 |
| Total unrealized appreciation/depreciation of assets | 2012-12-31 | $23,637 |
| Total income from all sources (including contributions) | 2012-12-31 | $1,907,534 |
| Total of all expenses incurred | 2012-12-31 | $334,258 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2012-12-31 | $287,896 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2012-12-31 | $974,399 |
| Value of total assets at end of year | 2012-12-31 | $8,445,723 |
| Value of total assets at beginning of year | 2012-12-31 | $6,872,447 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2012-12-31 | $46,362 |
| Total interest from all sources | 2012-12-31 | $4,874 |
| Total dividends received (eg from common stock, registered investment company shares) | 2012-12-31 | $206,855 |
| 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 | $181,950 |
| Was this plan covered by a fidelity bond | 2012-12-31 | Yes |
| Value of fidelity bond cover | 2012-12-31 | $5,000,000 |
| If this is an individual account plan, was there a blackout period | 2012-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2012-12-31 | No |
| Contributions received from participants | 2012-12-31 | $460,341 |
| Participant contributions at end of year | 2012-12-31 | $128,010 |
| Participant contributions at beginning of year | 2012-12-31 | $115,526 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2012-12-31 | $6,927 |
| 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 | $1,573,276 |
| Value of net assets at end of year (total assets less liabilities) | 2012-12-31 | $8,445,723 |
| Value of net assets at beginning of year (total assets less liabilities) | 2012-12-31 | $6,872,447 |
| 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 |
| Investment advisory and management fees | 2012-12-31 | $32,523 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2012-12-31 | $6,958,507 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2012-12-31 | $5,156,079 |
| Interest on participant loans | 2012-12-31 | $4,874 |
| Value of interest in common/collective trusts at end of year | 2012-12-31 | $562,805 |
| Value of interest in common/collective trusts at beginning of year | 2012-12-31 | $902,229 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2012-12-31 | $4,336 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2012-12-31 | $391 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2012-12-31 | $391 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2012-12-31 | $688,620 |
| Net investment gain or loss from common/collective trusts | 2012-12-31 | $9,149 |
| 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 | $284,934 |
| Assets. Invements in employer securities at beginning of year | 2012-12-31 | $223,516 |
| Contributions received in cash from employer | 2012-12-31 | $507,131 |
| Employer contributions (assets) at end of year | 2012-12-31 | $507,131 |
| Employer contributions (assets) at beginning of year | 2012-12-31 | $474,706 |
| Income. Dividends from common stock | 2012-12-31 | $24,905 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2012-12-31 | $287,896 |
| Contract administrator fees | 2012-12-31 | $13,839 |
| 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 | No |
| Opinion of an independent qualified public accountant for this plan | 2012-12-31 | Unqualified |
| Accountancy firm name | 2012-12-31 | WIPFLI LLP |
| Accountancy firm EIN | 2012-12-31 | 390758449 |
| 2011 : PEOPLES STATE BANK PROFIT SHARING 401(K) PLAN 2011 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2011-12-31 | $3,380 |
| Total unrealized appreciation/depreciation of assets | 2011-12-31 | $3,380 |
| 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 | $777,880 |
| Total of all expenses incurred | 2011-12-31 | $448,307 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2011-12-31 | $405,554 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2011-12-31 | $941,209 |
| Value of total assets at end of year | 2011-12-31 | $6,872,447 |
| Value of total assets at beginning of year | 2011-12-31 | $6,542,874 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2011-12-31 | $42,753 |
| Total interest from all sources | 2011-12-31 | $4,864 |
| Total dividends received (eg from common stock, registered investment company shares) | 2011-12-31 | $127,001 |
| 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 | $120,847 |
| Was this plan covered by a fidelity bond | 2011-12-31 | Yes |
| Value of fidelity bond cover | 2011-12-31 | $5,000,000 |
| 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 | $466,309 |
| Participant contributions at end of year | 2011-12-31 | $115,526 |
| Participant contributions at beginning of year | 2011-12-31 | $102,011 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2011-12-31 | $194 |
| 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 | $329,573 |
| Value of net assets at end of year (total assets less liabilities) | 2011-12-31 | $6,872,447 |
| Value of net assets at beginning of year (total assets less liabilities) | 2011-12-31 | $6,542,874 |
| 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 |
| Investment advisory and management fees | 2011-12-31 | $29,230 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2011-12-31 | $5,156,079 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2011-12-31 | $5,140,223 |
| Interest on participant loans | 2011-12-31 | $4,864 |
| Value of interest in common/collective trusts at end of year | 2011-12-31 | $902,229 |
| Value of interest in common/collective trusts at beginning of year | 2011-12-31 | $674,756 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2011-12-31 | $391 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2011-12-31 | $39 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2011-12-31 | $39 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2011-12-31 | $-308,120 |
| Net investment gain or loss from common/collective trusts | 2011-12-31 | $9,546 |
| 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 | $223,516 |
| Assets. Invements in employer securities at beginning of year | 2011-12-31 | $181,585 |
| Contributions received in cash from employer | 2011-12-31 | $474,706 |
| Employer contributions (assets) at end of year | 2011-12-31 | $474,706 |
| Employer contributions (assets) at beginning of year | 2011-12-31 | $444,260 |
| Income. Dividends from common stock | 2011-12-31 | $6,154 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2011-12-31 | $405,554 |
| Contract administrator fees | 2011-12-31 | $13,523 |
| 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 | No |
| Opinion of an independent qualified public accountant for this plan | 2011-12-31 | Unqualified |
| Accountancy firm name | 2011-12-31 | WIPFLI LLP |
| Accountancy firm EIN | 2011-12-31 | 390758449 |
| 2010 : PEOPLES STATE BANK PROFIT SHARING 401(K) PLAN 2010 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2010-12-31 | $59,085 |
| Total unrealized appreciation/depreciation of assets | 2010-12-31 | $59,085 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2010-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2010-12-31 | $0 |
| Total income from all sources (including contributions) | 2010-12-31 | $1,643,748 |
| Total loss/gain on sale of assets | 2010-12-31 | $0 |
| Total of all expenses incurred | 2010-12-31 | $635,097 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2010-12-31 | $598,755 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2010-12-31 | $914,838 |
| Value of total assets at end of year | 2010-12-31 | $6,542,874 |
| Value of total assets at beginning of year | 2010-12-31 | $5,534,223 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2010-12-31 | $36,342 |
| Total interest from all sources | 2010-12-31 | $4,508 |
| Total dividends received (eg from common stock, registered investment company shares) | 2010-12-31 | $159,810 |
| 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 | $154,500 |
| Was this plan covered by a fidelity bond | 2010-12-31 | Yes |
| Value of fidelity bond cover | 2010-12-31 | $5,000,000 |
| 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 | $467,030 |
| Participant contributions at end of year | 2010-12-31 | $102,011 |
| Participant contributions at beginning of year | 2010-12-31 | $82,650 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2010-12-31 | $3,548 |
| 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 | $1,008,651 |
| Value of net assets at end of year (total assets less liabilities) | 2010-12-31 | $6,542,874 |
| Value of net assets at beginning of year (total assets less liabilities) | 2010-12-31 | $5,534,223 |
| 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 |
| Investment advisory and management fees | 2010-12-31 | $24,582 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2010-12-31 | $5,140,223 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2010-12-31 | $4,806,868 |
| Interest on participant loans | 2010-12-31 | $4,508 |
| Value of interest in common/collective trusts at end of year | 2010-12-31 | $674,756 |
| Value of interest in common/collective trusts at beginning of year | 2010-12-31 | $246,464 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2010-12-31 | $39 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2010-12-31 | $626 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2010-12-31 | $626 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2010-12-31 | $500,471 |
| Net investment gain or loss from common/collective trusts | 2010-12-31 | $5,036 |
| 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 | $181,585 |
| Assets. Invements in employer securities at beginning of year | 2010-12-31 | $112,333 |
| Contributions received in cash from employer | 2010-12-31 | $444,260 |
| Employer contributions (assets) at end of year | 2010-12-31 | $444,260 |
| Employer contributions (assets) at beginning of year | 2010-12-31 | $285,282 |
| Income. Dividends from common stock | 2010-12-31 | $5,310 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2010-12-31 | $598,755 |
| Contract administrator fees | 2010-12-31 | $11,760 |
| 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 | No |
| Opinion of an independent qualified public accountant for this plan | 2010-12-31 | Unqualified |
| Accountancy firm name | 2010-12-31 | WIPFLI LLP |
| Accountancy firm EIN | 2010-12-31 | 390758449 |
