401k Plan data: FIRST NATIONAL BANK IN WADENA 401K PROFIT SHARING/ ESOP PLAN AND TRUST plan

FIRST NATIONAL BANK IN WADENA 401K PROFIT SHARING/ ESOP PLAN AND TRUST 401k Plan overview

Plan Name	FIRST NATIONAL BANK IN WADENA 401K PROFIT SHARING/ ESOP PLAN AND TRUST
Plan identification number	002

FIRST NATIONAL BANK IN WADENA 401K PROFIT SHARING/ ESOP PLAN AND TRUST Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

Profit-sharing
ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
Partial participant-directed account plan - Participants have the opportunity to direct the investment of a portion of the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
ESOP other than a leveraged ESOP - A completed Schedule E must be attached to a Form 5500 filed for an Employee Stock Ownership Plan (ESOP).
Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.
Plan requiring that all or part of employer contributions be invested and held, at least for a limited period, in employer securities.

401k Sponsoring company profile

FIRST NATIONAL BANK IN WADENA has sponsored the creation of one or more 401k plans.

Company Name: FIRST NATIONAL BANK IN WADENA

Employer identification number (EIN): 410256910

NAIC Classification: 522110
NAIC Description: Commercial Banking

Form 5500 Filing Information

Submission information for form 5500 for 401k plan FIRST NATIONAL BANK IN WADENA 401K PROFIT SHARING/ ESOP PLAN AND TRUST

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
002 2018-01-01 JAMIE PETTIT
002 2017-01-01 JAMIE PETTIT
002 2016-01-01 CORY PETTIT
002 2016-01-01
002 2015-01-01 CORY PETTIT
002 2015-01-01 CORY PETTIT
002 2014-01-01 SCOTT PETTIT
002 2013-01-01 SCOTT PETTIT
002 2012-01-01 CORY C. PETTIT
002 2011-01-01 SCOTT PETTIT
002 2010-01-01 SCOTT PETTIT

Financial Data on FIRST NATIONAL BANK IN WADENA 401K PROFIT SHARING/ ESOP PLAN AND TRUST

Measure	Date	Value
2018 : FIRST NATIONAL BANK IN WADENA 401K PROFIT SHARING/ ESOP PLAN AND TRUST 2018 401k financial data
Total income from all sources	2018-12-31	$-4,011
Expenses. Total of all expenses incurred	2018-12-31	$13,555
Benefits paid (including direct rollovers)	2018-12-31	$13,555
Total plan assets at end of year	2018-12-31	$0
Total plan assets at beginning of year	2018-12-31	$17,566
Value of fidelity bond covering the plan	2018-12-31	$1,675,000
Other income received	2018-12-31	$-4,011
Net income (gross income less expenses)	2018-12-31	$-17,566
Net plan assets at end of year (total assets less liabilities)	2018-12-31	$0
Net plan assets at beginning of year (total assets less liabilities)	2018-12-31	$17,566
Assets. Value of employer securities	2018-12-31	$0
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2018-12-31	$0
2017 : FIRST NATIONAL BANK IN WADENA 401K PROFIT SHARING/ ESOP PLAN AND TRUST 2017 401k financial data
Total income from all sources	2017-12-31	$43,717
Expenses. Total of all expenses incurred	2017-12-31	$1,871,587
Benefits paid (including direct rollovers)	2017-12-31	$1,871,587
Total plan assets at end of year	2017-12-31	$17,566
Total plan assets at beginning of year	2017-12-31	$1,845,436
Value of fidelity bond covering the plan	2017-12-31	$1,675,000
Total contributions received or receivable from participants	2017-12-31	$9,194
Other income received	2017-12-31	$34,523
Net income (gross income less expenses)	2017-12-31	$-1,827,870
Net plan assets at end of year (total assets less liabilities)	2017-12-31	$17,566
Net plan assets at beginning of year (total assets less liabilities)	2017-12-31	$1,845,436
Assets. Value of employer securities	2017-12-31	$17,566
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2017-12-31	$0
2016 : FIRST NATIONAL BANK IN WADENA 401K PROFIT SHARING/ ESOP PLAN AND TRUST 2016 401k financial data
Total income from all sources	2016-12-31	$751,091
Expenses. Total of all expenses incurred	2016-12-31	$6,100
Benefits paid (including direct rollovers)	2016-12-31	$6,100
Total plan assets at end of year	2016-12-31	$1,845,522
Total plan assets at beginning of year	2016-12-31	$1,100,531
Value of fidelity bond covering the plan	2016-12-31	$1,675,000
Total contributions received or receivable from participants	2016-12-31	$34,188
Other income received	2016-12-31	$704,559
Net income (gross income less expenses)	2016-12-31	$744,991
Net plan assets at end of year (total assets less liabilities)	2016-12-31	$1,845,522
Net plan assets at beginning of year (total assets less liabilities)	2016-12-31	$1,100,531
Assets. Value of employer securities	2016-12-31	$1,589,035
Total contributions received or receivable from employer(s)	2016-12-31	$12,344
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2016-12-31	$0
2015 : FIRST NATIONAL BANK IN WADENA 401K PROFIT SHARING/ ESOP PLAN AND TRUST 2015 401k financial data
Total income from all sources	2015-12-31	$132,831
Expenses. Total of all expenses incurred	2015-12-31	$2,485
Benefits paid (including direct rollovers)	2015-12-31	$2,485
Total plan assets at end of year	2015-12-31	$1,122,523
Total plan assets at beginning of year	2015-12-31	$992,177
Value of fidelity bond covering the plan	2015-12-31	$1,675,000
Total contributions received or receivable from participants	2015-12-31	$30,502
Contributions received from other sources (not participants or employers)	2015-12-31	$32,665
Other income received	2015-12-31	$54,664
Net income (gross income less expenses)	2015-12-31	$130,346
Net plan assets at end of year (total assets less liabilities)	2015-12-31	$1,122,523
Net plan assets at beginning of year (total assets less liabilities)	2015-12-31	$992,177
Assets. Value of employer securities	2015-12-31	$920,256
Total contributions received or receivable from employer(s)	2015-12-31	$15,000
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2015-12-31	$0
2014 : FIRST NATIONAL BANK IN WADENA 401K PROFIT SHARING/ ESOP PLAN AND TRUST 2014 401k financial data
Total income from all sources	2014-12-31	$92,016
Expenses. Total of all expenses incurred	2014-12-31	$2,458
Benefits paid (including direct rollovers)	2014-12-31	$2,458
Total plan assets at end of year	2014-12-31	$992,177
Total plan assets at beginning of year	2014-12-31	$902,619
Value of fidelity bond covering the plan	2014-12-31	$1,675,000
Other income received	2014-12-31	$77,016
Net income (gross income less expenses)	2014-12-31	$89,558
Net plan assets at end of year (total assets less liabilities)	2014-12-31	$992,177
Net plan assets at beginning of year (total assets less liabilities)	2014-12-31	$902,619
Assets. Value of participant loans	2014-12-31	$0
Total contributions received or receivable from employer(s)	2014-12-31	$15,000
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2014-12-31	$0
2013 : FIRST NATIONAL BANK IN WADENA 401K PROFIT SHARING/ ESOP PLAN AND TRUST 2013 401k financial data
Total income from all sources	2013-12-31	$49,065
Expenses. Total of all expenses incurred	2013-12-31	$93,312
Benefits paid (including direct rollovers)	2013-12-31	$93,312
Total plan assets at end of year	2013-12-31	$902,619
Total plan assets at beginning of year	2013-12-31	$946,866
Value of fidelity bond covering the plan	2013-12-31	$1,675,000
Other income received	2013-12-31	$39,065
Net income (gross income less expenses)	2013-12-31	$-44,247
Net plan assets at end of year (total assets less liabilities)	2013-12-31	$902,619
Net plan assets at beginning of year (total assets less liabilities)	2013-12-31	$946,866
Assets. Value of participant loans	2013-12-31	$15,000
Total contributions received or receivable from employer(s)	2013-12-31	$10,000
2012 : FIRST NATIONAL BANK IN WADENA 401K PROFIT SHARING/ ESOP PLAN AND TRUST 2012 401k financial data
Transfers to/from the plan	2012-12-31	$0
Total plan liabilities at end of year	2012-12-31	$0
Total plan liabilities at beginning of year	2012-12-31	$0
Total income from all sources	2012-12-31	$0
Expenses. Total of all expenses incurred	2012-12-31	$0
Benefits paid (including direct rollovers)	2012-12-31	$0
Total plan assets at end of year	2012-12-31	$808,808
Total plan assets at beginning of year	2012-12-31	$808,808
Value of fidelity bond covering the plan	2012-12-31	$1,675,000
Total contributions received or receivable from participants	2012-12-31	$0
Expenses. Other expenses not covered elsewhere	2012-12-31	$0
Contributions received from other sources (not participants or employers)	2012-12-31	$0
Other income received	2012-12-31	$0
Noncash contributions received	2012-12-31	$0
Net income (gross income less expenses)	2012-12-31	$0
Net plan assets at end of year (total assets less liabilities)	2012-12-31	$808,808
Net plan assets at beginning of year (total assets less liabilities)	2012-12-31	$808,808
Assets. Value of participant loans	2012-12-31	$15,000
Assets. Value of employer securities	2012-12-31	$808,808
Total contributions received or receivable from employer(s)	2012-12-31	$0
Value of certain deemed distributions of participant loans	2012-12-31	$0
Value of corrective distributions	2012-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2012-12-31	$0
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2012-12-31	$0
2011 : FIRST NATIONAL BANK IN WADENA 401K PROFIT SHARING/ ESOP PLAN AND TRUST 2011 401k financial data
Transfers to/from the plan	2011-12-31	$0
Total plan liabilities at end of year	2011-12-31	$0
Total plan liabilities at beginning of year	2011-12-31	$0
Total income from all sources	2011-12-31	$0
Expenses. Total of all expenses incurred	2011-12-31	$0
Benefits paid (including direct rollovers)	2011-12-31	$0
Total plan assets at end of year	2011-12-31	$808,808
Total plan assets at beginning of year	2011-12-31	$808,808
Value of fidelity bond covering the plan	2011-12-31	$1,675,000
Total contributions received or receivable from participants	2011-12-31	$0
Expenses. Other expenses not covered elsewhere	2011-12-31	$0
Contributions received from other sources (not participants or employers)	2011-12-31	$0
Other income received	2011-12-31	$0
Noncash contributions received	2011-12-31	$0
Net income (gross income less expenses)	2011-12-31	$0
Net plan assets at end of year (total assets less liabilities)	2011-12-31	$808,808
Net plan assets at beginning of year (total assets less liabilities)	2011-12-31	$808,808
Total contributions received or receivable from employer(s)	2011-12-31	$0
Value of certain deemed distributions of participant loans	2011-12-31	$0
Value of corrective distributions	2011-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2011-12-31	$0
2010 : FIRST NATIONAL BANK IN WADENA 401K PROFIT SHARING/ ESOP PLAN AND TRUST 2010 401k financial data
Transfers to/from the plan	2010-12-31	$808,808
Total plan liabilities at end of year	2010-12-31	$0
Total plan liabilities at beginning of year	2010-12-31	$0
Total income from all sources	2010-12-31	$0
Expenses. Total of all expenses incurred	2010-12-31	$0
Benefits paid (including direct rollovers)	2010-12-31	$0
Total plan assets at end of year	2010-12-31	$808,808
Total plan assets at beginning of year	2010-12-31	$0
Value of fidelity bond covering the plan	2010-12-31	$1,675,000
Total contributions received or receivable from participants	2010-12-31	$0
Expenses. Other expenses not covered elsewhere	2010-12-31	$0
Contributions received from other sources (not participants or employers)	2010-12-31	$0
Other income received	2010-12-31	$0
Noncash contributions received	2010-12-31	$0
Net income (gross income less expenses)	2010-12-31	$0
Net plan assets at end of year (total assets less liabilities)	2010-12-31	$808,808
Net plan assets at beginning of year (total assets less liabilities)	2010-12-31	$0
Total contributions received or receivable from employer(s)	2010-12-31	$0
Value of certain deemed distributions of participant loans	2010-12-31	$0
Value of corrective distributions	2010-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2010-12-31	$0

Form 5500 Responses for FIRST NATIONAL BANK IN WADENA 401K PROFIT SHARING/ ESOP PLAN AND TRUST

2018: FIRST NATIONAL BANK IN WADENA 401K PROFIT SHARING/ ESOP PLAN AND TRUST 2018 form 5500 responses
2018-01-01	Type of plan entity	Single employer plan
2018-01-01	Submission has been amended	No
2018-01-01	This submission is the final filing	Yes
2018-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2018-01-01	Plan is a collectively bargained plan	No
2018-01-01	Plan funding arrangement – Trust	Yes
2018-01-01	Plan benefit arrangement - Trust	Yes
2017: FIRST NATIONAL BANK IN WADENA 401K PROFIT SHARING/ ESOP PLAN AND TRUST 2017 form 5500 responses
2017-01-01	Type of plan entity	Single employer plan
2017-01-01	Submission has been amended	No
2017-01-01	This submission is the final filing	No
2017-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2017-01-01	Plan is a collectively bargained plan	No
2017-01-01	Plan funding arrangement – Insurance	Yes
2017-01-01	Plan funding arrangement – Trust	Yes
2017-01-01	Plan benefit arrangement – Insurance	Yes
2017-01-01	Plan benefit arrangement - Trust	Yes
2016: FIRST NATIONAL BANK IN WADENA 401K PROFIT SHARING/ ESOP PLAN AND TRUST 2016 form 5500 responses
2016-01-01	Type of plan entity	Single employer plan
2016-01-01	Submission has been amended	Yes
2016-01-01	This submission is the final filing	No
2016-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2016-01-01	Plan is a collectively bargained plan	No
2016-01-01	Plan funding arrangement – Insurance	Yes
2016-01-01	Plan funding arrangement – Trust	Yes
2016-01-01	Plan benefit arrangement – Insurance	Yes
2016-01-01	Plan benefit arrangement - Trust	Yes
2015: FIRST NATIONAL BANK IN WADENA 401K PROFIT SHARING/ ESOP PLAN AND TRUST 2015 form 5500 responses
2015-01-01	Type of plan entity	Single employer plan
2015-01-01	Submission has been amended	No
2015-01-01	This submission is the final filing	No
2015-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2015-01-01	Plan is a collectively bargained plan	No
2015-01-01	Plan funding arrangement – Insurance	Yes
2015-01-01	Plan funding arrangement – Trust	Yes
2015-01-01	Plan benefit arrangement – Insurance	Yes
2015-01-01	Plan benefit arrangement - Trust	Yes
2014: FIRST NATIONAL BANK IN WADENA 401K PROFIT SHARING/ ESOP PLAN AND TRUST 2014 form 5500 responses
2014-01-01	Type of plan entity	Single employer plan
2014-01-01	Submission has been amended	No
2014-01-01	This submission is the final filing	No
2014-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2014-01-01	Plan is a collectively bargained plan	No
2014-01-01	Plan funding arrangement – Trust	Yes
2014-01-01	Plan benefit arrangement - Trust	Yes
2013: FIRST NATIONAL BANK IN WADENA 401K PROFIT SHARING/ ESOP PLAN AND TRUST 2013 form 5500 responses
2013-01-01	Type of plan entity	Single employer plan
2013-01-01	Submission has been amended	No
2013-01-01	This submission is the final filing	No
2013-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2013-01-01	Plan is a collectively bargained plan	No
2013-01-01	Plan funding arrangement – Trust	Yes
2013-01-01	Plan benefit arrangement - Trust	Yes
2012: FIRST NATIONAL BANK IN WADENA 401K PROFIT SHARING/ ESOP PLAN AND TRUST 2012 form 5500 responses
2012-01-01	Type of plan entity	Single employer plan
2012-01-01	Submission has been amended	Yes
2012-01-01	This submission is the final filing	No
2012-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2012-01-01	Plan is a collectively bargained plan	No
2012-01-01	Plan funding arrangement – Trust	Yes
2012-01-01	Plan benefit arrangement - Trust	Yes
2011: FIRST NATIONAL BANK IN WADENA 401K PROFIT SHARING/ ESOP PLAN AND TRUST 2011 form 5500 responses
2011-01-01	Type of plan entity	Single employer plan
2011-01-01	Submission has been amended	No
2011-01-01	This submission is the final filing	No
2011-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2011-01-01	Plan is a collectively bargained plan	No
2011-01-01	Plan funding arrangement – Trust	Yes
2011-01-01	Plan benefit arrangement - Trust	Yes
2010: FIRST NATIONAL BANK IN WADENA 401K PROFIT SHARING/ ESOP PLAN AND TRUST 2010 form 5500 responses
2010-01-01	Type of plan entity	Single employer plan
2010-01-01	Submission has been amended	No
2010-01-01	This submission is the final filing	No
2010-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2010-01-01	Plan is a collectively bargained plan	No
2010-01-01	Plan funding arrangement – Trust	Yes
2010-01-01	Plan benefit arrangement - Trust	Yes

Insurance Providers Used on plan

JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )
Policy contract number	118890
Policy instance	1
JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )
Policy contract number	118890
Policy instance	1
JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )
Policy contract number	65838
Policy instance	1

Potentially related plans

Was this data useful?

If you found the data here useful, PLEASE HELP US. We are a start-up and believe in making information freely available. By linking to us, posting on twitter, facebook and linkedin about us and generally spreading the word, you'll help us to grow. Our vision is to provide high quality data about the activities of all the companies in the world and where possible make it free to use and view. Finding and integrating data from thousands of data sources is time consuming and needs lots of effort. By simply spreading the word about us, you will help us. Please use the share buttons. It will only take a few seconds of your time. Thanks for helping

Information Disclaimer

The information provided on this website is not advice, endorsement or recommendation
The information published is supplied by third parties so we make no warranty on the accuracy, completeness etc. This information is provided "as-is". The information is subject to change as we obtain updates and corrections from the primary information sources.
You are free to use the information for your own personal research on the understanding to do so is at your own risk.

See full terms and conditions

Company Name:	FIRST NATIONAL BANK IN WADENA
Employer identification number (EIN):	410256910
NAIC Classification:	522110
NAIC Description:	Commercial Banking

Plan id#	Filing Submission Date	Name of Administrator
002	2018-01-01	JAMIE PETTIT
002	2017-01-01	JAMIE PETTIT
002	2016-01-01	CORY PETTIT
002	2016-01-01
002	2015-01-01	CORY PETTIT
002	2015-01-01	CORY PETTIT
002	2014-01-01	SCOTT PETTIT
002	2013-01-01	SCOTT PETTIT
002	2012-01-01	CORY C. PETTIT
002	2011-01-01	SCOTT PETTIT
002	2010-01-01	SCOTT PETTIT