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STATE BANK OF COLD SPRING 401K PLAN - ICBM 401k Plan overview

Plan NameSTATE BANK OF COLD SPRING 401K PLAN - ICBM
Plan identification number 001

STATE BANK OF COLD SPRING 401K PLAN - ICBM Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Age/Service Weighted or new comparability or similar plan - Age/Service Weighted Plan: Allocations are based on age, service, or age and service. New comparability or similar plan: Allocations are based on participant classifications and a classification(s) consists entirely or predominantly of highly compensated employees; or the plan provides an additional allocation rate on compensation above a specified threshold, and the theshold or additional rate exceeds the maximum threshold or rate allowed under the permitted disparity rules of section 401(l).
  • 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.
  • Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
  • 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.
  • Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
  • Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
  • Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.

401k Sponsoring company profile

STATE BANK OF COLD SPRING has sponsored the creation of one or more 401k plans.

Company Name:STATE BANK OF COLD SPRING
Employer identification number (EIN):410556810
NAIC Classification:522110
NAIC Description:Commercial Banking

Form 5500 Filing Information

Submission information for form 5500 for 401k plan STATE BANK OF COLD SPRING 401K PLAN - ICBM

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01SUE MARTINSON2024-06-11
0012022-01-01SUE MARTINSON2023-09-27
0012021-01-01SUE MARTINSON2022-03-14
0012020-01-01SUE MARTINSON2021-03-09
0012019-01-01SUE MARTINSON2020-02-20
0012018-01-01SUE MARTINSON2019-02-20 SUE MARTINSON2019-02-20
0012017-01-01SUSAN MARTINSON2018-03-02 SUSAN MARTINSON2018-03-02
0012016-01-01SUE MARTINSON2017-02-14 SUE MARTINSON2017-02-14
0012015-01-01SUE MARTINSON2016-03-03 SUE MARTINSON2016-03-03
0012014-01-01SUSAN MARTINSON2015-03-26 SUSAN MARTINSON2015-03-26
0012013-01-01SUE MARTINSON2014-04-24
0012012-01-01SUE MARTINSON2013-07-18
0012011-01-01SUE MARTINSON2012-04-12
0012010-01-01SUE MARTINSON2011-05-27 SUE MARTINSON2011-05-27

Plan Statistics for STATE BANK OF COLD SPRING 401K PLAN - ICBM

401k plan membership statisitcs for STATE BANK OF COLD SPRING 401K PLAN - ICBM

Measure Date Value
2025: STATE BANK OF COLD SPRING 401K PLAN - ICBM 2025 401k membership
Total number of particpants at beginning of year2025-08-2020
Total number of particpants at end of year2025-08-2021
Number of Participants With Account Balances2025-08-2015
2024: STATE BANK OF COLD SPRING 401K PLAN - ICBM 2024 401k membership
Total number of particpants at beginning of year2024-06-1114
Total number of particpants at end of year2024-06-1120
Number of Participants With Account Balances2024-06-1115

Financial Data on STATE BANK OF COLD SPRING 401K PLAN - ICBM

Measure Date Value
2025 : STATE BANK OF COLD SPRING 401K PLAN - ICBM 2025 401k financial data
Total expenses incurred by plan in this plan year2025-08-20189907
Net assets as of the end of the plan year2025-08-201892500
Total assets as of the beginning of the plan year2025-08-201748526
Value of plan covered by a fidelity bond2025-08-201500000
Participant contributions to plan in this plan year2025-08-2045207
Other income to plan in this plan year2025-08-20202175
Plan net income in this plan year2025-08-20143974
Net assets as of the end of the plan year2025-08-201892500
Net assets as of the beginning of the plan year2025-08-201748526
Employer contributions to plan in this plan year2025-08-2086499
Expensese paid to adminstrative service provicers from plan in this plan year2025-08-2012476
2024 : STATE BANK OF COLD SPRING 401K PLAN - ICBM 2024 401k financial data
Total expenses incurred by plan in this plan year2024-06-1110553
Net assets as of the end of the plan year2024-06-111748526
Total assets as of the beginning of the plan year2024-06-111455470
Value of plan covered by a fidelity bond2024-06-111500000
Participant contributions to plan in this plan year2024-06-1143577
Other income to plan in this plan year2024-06-11180440
Plan net income in this plan year2024-06-11293056
Net assets as of the end of the plan year2024-06-111748526
Net assets as of the beginning of the plan year2024-06-111455470
Employer contributions to plan in this plan year2024-06-1179592
Expensese paid to adminstrative service provicers from plan in this plan year2024-06-1110553

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