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THE PROFIT SHARING PLAN OF PREMIER BANK 401k Plan overview

Plan NameTHE PROFIT SHARING PLAN OF PREMIER BANK
Plan identification number 001

THE PROFIT SHARING PLAN OF PREMIER BANK Benefits

401k Plan TypeDefined 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.
  • 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 sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

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

Company Name:PREMIER BANK
Employer identification number (EIN):411233917
NAIC Classification:522110
NAIC Description:Commercial Banking

Form 5500 Filing Information

Submission information for form 5500 for 401k plan THE PROFIT SHARING PLAN OF PREMIER BANK

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012022-01-01
0012021-01-01
0012020-01-01
0012019-01-01
0012018-01-01
0012017-01-01MARK NOVITZKI
0012016-01-01MARK NOVITZKI
0012015-01-01MARK NOVITZKI
0012014-01-01MARK NOVITZKI
0012013-01-01MARK NOVITZKI
0012012-01-01MARK NOVITZKI
0012011-01-01MARK NOVITZKI
0012010-01-01MARK NOVITZKI
0012009-01-01MARK NOVITZKI

Plan Statistics for THE PROFIT SHARING PLAN OF PREMIER BANK

401k plan membership statisitcs for THE PROFIT SHARING PLAN OF PREMIER BANK

Measure Date Value
2022: THE PROFIT SHARING PLAN OF PREMIER BANK 2022 401k membership
Total participants, beginning-of-year2022-01-01153
Total number of active participants reported on line 7a of the Form 55002022-01-010
Total of all active and inactive participants2022-01-010
Total participants2022-01-010
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2022-01-019
2021: THE PROFIT SHARING PLAN OF PREMIER BANK 2021 401k membership
Total participants, beginning-of-year2021-01-01148
Total number of active participants reported on line 7a of the Form 55002021-01-01112
Number of other retired or separated participants entitled to future benefits2021-01-0122
Total of all active and inactive participants2021-01-01134
Total participants2021-01-01134
Number of participants with account balances2021-01-01134
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-01-0111
2020: THE PROFIT SHARING PLAN OF PREMIER BANK 2020 401k membership
Total participants, beginning-of-year2020-01-01148
Total number of active participants reported on line 7a of the Form 55002020-01-01115
Number of other retired or separated participants entitled to future benefits2020-01-0115
Total of all active and inactive participants2020-01-01130
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-01-011
Total participants2020-01-01131
Number of participants with account balances2020-01-01130
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-012
2019: THE PROFIT SHARING PLAN OF PREMIER BANK 2019 401k membership
Total participants, beginning-of-year2019-01-01147
Total number of active participants reported on line 7a of the Form 55002019-01-01115
Number of other retired or separated participants entitled to future benefits2019-01-0118
Total of all active and inactive participants2019-01-01133
Total participants2019-01-01133
Number of participants with account balances2019-01-01131
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-0111
2018: THE PROFIT SHARING PLAN OF PREMIER BANK 2018 401k membership
Total participants, beginning-of-year2018-01-01150
Total number of active participants reported on line 7a of the Form 55002018-01-01117
Number of other retired or separated participants entitled to future benefits2018-01-0116
Total of all active and inactive participants2018-01-01133
Total participants2018-01-01133
Number of participants with account balances2018-01-01131
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-01-018
2017: THE PROFIT SHARING PLAN OF PREMIER BANK 2017 401k membership
Total participants, beginning-of-year2017-01-01149
Total number of active participants reported on line 7a of the Form 55002017-01-01117
Number of other retired or separated participants entitled to future benefits2017-01-0116
Total of all active and inactive participants2017-01-01133
Total participants2017-01-01133
Number of participants with account balances2017-01-01133
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-017
2016: THE PROFIT SHARING PLAN OF PREMIER BANK 2016 401k membership
Total participants, beginning-of-year2016-01-01146
Total number of active participants reported on line 7a of the Form 55002016-01-01115
Number of other retired or separated participants entitled to future benefits2016-01-0116
Total of all active and inactive participants2016-01-01131
Total participants2016-01-01131
Number of participants with account balances2016-01-01130
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-0110
2015: THE PROFIT SHARING PLAN OF PREMIER BANK 2015 401k membership
Total participants, beginning-of-year2015-01-01142
Total number of active participants reported on line 7a of the Form 55002015-01-01114
Number of other retired or separated participants entitled to future benefits2015-01-0115
Total of all active and inactive participants2015-01-01129
Total participants2015-01-01129
Number of participants with account balances2015-01-01129
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-018
2014: THE PROFIT SHARING PLAN OF PREMIER BANK 2014 401k membership
Total participants, beginning-of-year2014-01-01134
Total number of active participants reported on line 7a of the Form 55002014-01-01115
Number of other retired or separated participants entitled to future benefits2014-01-0113
Total of all active and inactive participants2014-01-01128
Total participants2014-01-01128
Number of participants with account balances2014-01-01128
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-015
2013: THE PROFIT SHARING PLAN OF PREMIER BANK 2013 401k membership
Total participants, beginning-of-year2013-01-01135
Total number of active participants reported on line 7a of the Form 55002013-01-01114
Number of other retired or separated participants entitled to future benefits2013-01-014
Total of all active and inactive participants2013-01-01118
Total participants2013-01-01118
Number of participants with account balances2013-01-01116
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-01-016
2012: THE PROFIT SHARING PLAN OF PREMIER BANK 2012 401k membership
Total participants, beginning-of-year2012-01-01136
Total number of active participants reported on line 7a of the Form 55002012-01-01110
Number of other retired or separated participants entitled to future benefits2012-01-018
Total of all active and inactive participants2012-01-01118
Total participants2012-01-01118
Number of participants with account balances2012-01-01116
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-015
2011: THE PROFIT SHARING PLAN OF PREMIER BANK 2011 401k membership
Total participants, beginning-of-year2011-01-01138
Total number of active participants reported on line 7a of the Form 55002011-01-01112
Number of other retired or separated participants entitled to future benefits2011-01-0110
Total of all active and inactive participants2011-01-01122
Total participants2011-01-01122
Number of participants with account balances2011-01-01121
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-0110
2010: THE PROFIT SHARING PLAN OF PREMIER BANK 2010 401k membership
Total participants, beginning-of-year2010-01-01169
Total number of active participants reported on line 7a of the Form 55002010-01-01121
Number of other retired or separated participants entitled to future benefits2010-01-0110
Total of all active and inactive participants2010-01-01131
Total participants2010-01-01131
Number of participants with account balances2010-01-01129
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2010-01-019
2009: THE PROFIT SHARING PLAN OF PREMIER BANK 2009 401k membership
Total participants, beginning-of-year2009-01-01162
Total number of active participants reported on line 7a of the Form 55002009-01-01128
Number of other retired or separated participants entitled to future benefits2009-01-0120
Total of all active and inactive participants2009-01-01148
Total participants2009-01-01148
Number of participants with account balances2009-01-01146
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-019

Financial Data on THE PROFIT SHARING PLAN OF PREMIER BANK

Measure Date Value
2022 : THE PROFIT SHARING PLAN OF PREMIER BANK 2022 401k financial data
Total transfer of assets from this plan2022-12-31$11,168,323
Total income from all sources (including contributions)2022-12-31$-635,331
Total of all expenses incurred2022-12-31$2,103,055
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2022-12-31$2,043,943
Total contributions o plan (from employers,participants, others, non cash contrinutions)2022-12-31$1,004,954
Value of total assets at beginning of year2022-12-31$13,906,709
Total of administrative expenses incurred including professional, contract, advisory and management fees2022-12-31$59,112
Total interest from all sources2022-12-31$8,997
Total dividends received (eg from common stock, registered investment company shares)2022-12-31$138,053
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2022-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2022-12-31$138,053
Was this plan covered by a fidelity bond2022-12-31Yes
Value of fidelity bond cover2022-12-31$500,000
If this is an individual account plan, was there a blackout period2022-12-31No
Were there any nonexempt tranactions with any party-in-interest2022-12-31No
Administrative expenses (other) incurred2022-12-31$59,112
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Value of net income/loss2022-12-31$-2,738,386
Value of net assets at beginning of year (total assets less liabilities)2022-12-31$13,906,709
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2022-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2022-12-31No
Were any leases to which the plan was party in default or uncollectible2022-12-31No
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2022-12-31$3,374,419
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2022-12-31$2,207,166
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2022-12-31$2,207,166
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2022-12-31$8,997
Net investment gain/loss from registered investment companies (e.g. mutual funds)2022-12-31$-1,787,335
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2022-12-31No
Was there a failure to transmit to the plan any participant contributions2022-12-31No
Has the plan failed to provide any benefit when due under the plan2022-12-31No
Contributions received in cash from employer2022-12-31$1,004,954
Employer contributions (assets) at beginning of year2022-12-31$984,491
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2022-12-31$2,043,943
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32022-12-31No
Assets. Corporate common stocks other than exployer securities at beginning of year2022-12-31$7,340,633
Did the plan have assets held for investment2022-12-31No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2022-12-31Yes
Opinion of an independent qualified public accountant for this plan2022-12-31Unqualified
Accountancy firm name2022-12-31SMITH SCHAFER AND ASSOCIATES LTD
Accountancy firm EIN2022-12-31411489071
2021 : THE PROFIT SHARING PLAN OF PREMIER BANK 2021 401k financial data
Total income from all sources (including contributions)2021-12-31$3,261,564
Total loss/gain on sale of assets2021-12-31$211,237
Total of all expenses incurred2021-12-31$920,009
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2021-12-31$862,152
Total contributions o plan (from employers,participants, others, non cash contrinutions)2021-12-31$984,491
Value of total assets at end of year2021-12-31$13,906,709
Value of total assets at beginning of year2021-12-31$11,565,154
Total of administrative expenses incurred including professional, contract, advisory and management fees2021-12-31$57,857
Total interest from all sources2021-12-31$10,606
Total dividends received (eg from common stock, registered investment company shares)2021-12-31$169,223
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2021-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2021-12-31$169,223
Was this plan covered by a fidelity bond2021-12-31Yes
Value of fidelity bond cover2021-12-31$500,000
If this is an individual account plan, was there a blackout period2021-12-31No
Were there any nonexempt tranactions with any party-in-interest2021-12-31No
Administrative expenses (other) incurred2021-12-31$57,857
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Value of net income/loss2021-12-31$2,341,555
Value of net assets at end of year (total assets less liabilities)2021-12-31$13,906,709
Value of net assets at beginning of year (total assets less liabilities)2021-12-31$11,565,154
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2021-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2021-12-31No
Were any leases to which the plan was party in default or uncollectible2021-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2021-12-31$3,374,419
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2021-12-31$2,874,555
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2021-12-31$2,207,166
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2021-12-31$2,374,147
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2021-12-31$2,374,147
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2021-12-31$10,606
Net investment gain/loss from registered investment companies (e.g. mutual funds)2021-12-31$1,886,007
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2021-12-31No
Was there a failure to transmit to the plan any participant contributions2021-12-31No
Has the plan failed to provide any benefit when due under the plan2021-12-31No
Contributions received in cash from employer2021-12-31$984,491
Employer contributions (assets) at end of year2021-12-31$984,491
Employer contributions (assets) at beginning of year2021-12-31$925,500
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2021-12-31$862,152
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32021-12-31No
Assets. Corporate common stocks other than exployer securities at end of year2021-12-31$7,340,633
Assets. Corporate common stocks other than exployer securities at beginning of year2021-12-31$5,390,952
Did the plan have assets held for investment2021-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2021-12-31No
Aggregate proceeds on sale of assets2021-12-31$1,073,912
Aggregate carrying amount (costs) on sale of assets2021-12-31$862,675
Opinion of an independent qualified public accountant for this plan2021-12-31Unqualified
Accountancy firm name2021-12-31SMITH SCHAFER AND ASSOCIATES LTD
Accountancy firm EIN2021-12-31411489071
2020 : THE PROFIT SHARING PLAN OF PREMIER BANK 2020 401k financial data
Total income from all sources (including contributions)2020-12-31$1,981,247
Total loss/gain on sale of assets2020-12-31$97,340
Total of all expenses incurred2020-12-31$3,070,335
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2020-12-31$3,018,065
Total contributions o plan (from employers,participants, others, non cash contrinutions)2020-12-31$925,500
Value of total assets at end of year2020-12-31$11,565,154
Value of total assets at beginning of year2020-12-31$12,654,242
Total of administrative expenses incurred including professional, contract, advisory and management fees2020-12-31$52,270
Total interest from all sources2020-12-31$33,519
Total dividends received (eg from common stock, registered investment company shares)2020-12-31$163,576
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2020-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2020-12-31$163,576
Was this plan covered by a fidelity bond2020-12-31Yes
Value of fidelity bond cover2020-12-31$500,000
If this is an individual account plan, was there a blackout period2020-12-31No
Were there any nonexempt tranactions with any party-in-interest2020-12-31No
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2020-12-31$53
Administrative expenses (other) incurred2020-12-31$52,270
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Value of net income/loss2020-12-31$-1,089,088
Value of net assets at end of year (total assets less liabilities)2020-12-31$11,565,154
Value of net assets at beginning of year (total assets less liabilities)2020-12-31$12,654,242
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2020-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2020-12-31No
Were any leases to which the plan was party in default or uncollectible2020-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2020-12-31$2,874,555
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2020-12-31$3,536,988
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2020-12-31$2,374,147
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2020-12-31$2,280,882
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2020-12-31$2,280,882
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2020-12-31$33,519
Net investment gain/loss from registered investment companies (e.g. mutual funds)2020-12-31$761,312
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2020-12-31Yes
Was there a failure to transmit to the plan any participant contributions2020-12-31No
Has the plan failed to provide any benefit when due under the plan2020-12-31No
Contributions received in cash from employer2020-12-31$925,500
Employer contributions (assets) at end of year2020-12-31$925,500
Employer contributions (assets) at beginning of year2020-12-31$894,600
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2020-12-31$3,018,065
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32020-12-31No
Assets. Corporate common stocks other than exployer securities at end of year2020-12-31$5,390,952
Assets. Corporate common stocks other than exployer securities at beginning of year2020-12-31$5,941,719
Did the plan have assets held for investment2020-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2020-12-31No
Aggregate proceeds on sale of assets2020-12-31$4,294,598
Aggregate carrying amount (costs) on sale of assets2020-12-31$4,197,258
Opinion of an independent qualified public accountant for this plan2020-12-31Unqualified
Accountancy firm name2020-12-31SMITH SCHAFER AND ASSOCIATES LTD
Accountancy firm EIN2020-12-31411489071
2019 : THE PROFIT SHARING PLAN OF PREMIER BANK 2019 401k financial data
Total income from all sources (including contributions)2019-12-31$2,197,636
Total loss/gain on sale of assets2019-12-31$-27,925
Total of all expenses incurred2019-12-31$787,074
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-12-31$739,355
Total contributions o plan (from employers,participants, others, non cash contrinutions)2019-12-31$894,600
Value of total assets at end of year2019-12-31$12,654,242
Value of total assets at beginning of year2019-12-31$11,243,680
Total of administrative expenses incurred including professional, contract, advisory and management fees2019-12-31$47,719
Total interest from all sources2019-12-31$54,587
Total dividends received (eg from common stock, registered investment company shares)2019-12-31$180,476
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2019-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2019-12-31$180,476
Was this plan covered by a fidelity bond2019-12-31Yes
Value of fidelity bond cover2019-12-31$500,000
If this is an individual account plan, was there a blackout period2019-12-31No
Were there any nonexempt tranactions with any party-in-interest2019-12-31No
Value of other receiveables (less allowance for doubtful accounts) at end of year2019-12-31$53
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2019-12-31$53
Administrative expenses (other) incurred2019-12-31$47,719
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Value of net income/loss2019-12-31$1,410,562
Value of net assets at end of year (total assets less liabilities)2019-12-31$12,654,242
Value of net assets at beginning of year (total assets less liabilities)2019-12-31$11,243,680
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2019-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2019-12-31No
Were any leases to which the plan was party in default or uncollectible2019-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2019-12-31$3,536,988
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2019-12-31$2,148,094
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2019-12-31$2,280,882
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2019-12-31$6,993,122
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2019-12-31$6,993,122
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2019-12-31$54,587
Net investment gain/loss from registered investment companies (e.g. mutual funds)2019-12-31$1,095,898
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2019-12-31Yes
Was there a failure to transmit to the plan any participant contributions2019-12-31No
Has the plan failed to provide any benefit when due under the plan2019-12-31No
Contributions received in cash from employer2019-12-31$894,600
Employer contributions (assets) at end of year2019-12-31$894,600
Employer contributions (assets) at beginning of year2019-12-31$861,600
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-12-31$739,355
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32019-12-31No
Assets. Corporate common stocks other than exployer securities at end of year2019-12-31$5,941,719
Assets. Corporate common stocks other than exployer securities at beginning of year2019-12-31$1,240,811
Did the plan have assets held for investment2019-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2019-12-31No
Aggregate proceeds on sale of assets2019-12-31$714,106
Aggregate carrying amount (costs) on sale of assets2019-12-31$742,031
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2019-12-31No
Opinion of an independent qualified public accountant for this plan2019-12-31Unqualified
Accountancy firm name2019-12-31SMITH SCHAFER AND ASSOCIATES LTD
Accountancy firm EIN2019-12-31411489071
2018 : THE PROFIT SHARING PLAN OF PREMIER BANK 2018 401k financial data
Total income from all sources (including contributions)2018-12-31$348,254
Total loss/gain on sale of assets2018-12-31$346,136
Total of all expenses incurred2018-12-31$257,277
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2018-12-31$199,611
Total contributions o plan (from employers,participants, others, non cash contrinutions)2018-12-31$861,600
Value of total assets at end of year2018-12-31$11,243,680
Value of total assets at beginning of year2018-12-31$11,152,703
Total of administrative expenses incurred including professional, contract, advisory and management fees2018-12-31$57,666
Total interest from all sources2018-12-31$47,171
Total dividends received (eg from common stock, registered investment company shares)2018-12-31$205,710
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2018-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2018-12-31$205,710
Was this plan covered by a fidelity bond2018-12-31Yes
Value of fidelity bond cover2018-12-31$500,000
If this is an individual account plan, was there a blackout period2018-12-31No
Were there any nonexempt tranactions with any party-in-interest2018-12-31No
Value of other receiveables (less allowance for doubtful accounts) at end of year2018-12-31$53
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2018-12-31$724
Assets. Loans (other than to participants) at beginning of year2018-12-31$447,199
Administrative expenses (other) incurred2018-12-31$57,666
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Value of net income/loss2018-12-31$90,977
Value of net assets at end of year (total assets less liabilities)2018-12-31$11,243,680
Value of net assets at beginning of year (total assets less liabilities)2018-12-31$11,152,703
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2018-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2018-12-31No
Were any leases to which the plan was party in default or uncollectible2018-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2018-12-31$2,148,094
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2018-12-31$3,858,226
Income. Interest from loans (other than to participants)2018-12-31$23,802
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2018-12-31$6,993,122
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2018-12-31$2,488,059
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2018-12-31$2,488,059
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2018-12-31$23,369
Net investment gain/loss from registered investment companies (e.g. mutual funds)2018-12-31$-1,112,363
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2018-12-31Yes
Was there a failure to transmit to the plan any participant contributions2018-12-31No
Has the plan failed to provide any benefit when due under the plan2018-12-31No
Contributions received in cash from employer2018-12-31$861,600
Employer contributions (assets) at end of year2018-12-31$861,600
Employer contributions (assets) at beginning of year2018-12-31$804,250
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2018-12-31$199,611
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32018-12-31No
Assets. Corporate common stocks other than exployer securities at end of year2018-12-31$1,240,811
Assets. Corporate common stocks other than exployer securities at beginning of year2018-12-31$3,554,245
Did the plan have assets held for investment2018-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2018-12-31No
Aggregate proceeds on sale of assets2018-12-31$4,822,547
Aggregate carrying amount (costs) on sale of assets2018-12-31$4,476,411
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2018-12-31No
Opinion of an independent qualified public accountant for this plan2018-12-31Unqualified
Accountancy firm name2018-12-31SMITH SCHAFER AND ASSOCIATES LTD
Accountancy firm EIN2018-12-31411489071
2017 : THE PROFIT SHARING PLAN OF PREMIER BANK 2017 401k financial data
Total income from all sources (including contributions)2017-12-31$1,926,928
Total loss/gain on sale of assets2017-12-31$80,820
Total of all expenses incurred2017-12-31$484,917
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2017-12-31$435,194
Total contributions o plan (from employers,participants, others, non cash contrinutions)2017-12-31$804,250
Value of total assets at end of year2017-12-31$11,152,703
Value of total assets at beginning of year2017-12-31$9,710,692
Total of administrative expenses incurred including professional, contract, advisory and management fees2017-12-31$49,723
Total interest from all sources2017-12-31$47,236
Total dividends received (eg from common stock, registered investment company shares)2017-12-31$164,573
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2017-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2017-12-31$164,573
Was this plan covered by a fidelity bond2017-12-31Yes
Value of fidelity bond cover2017-12-31$500,000
If this is an individual account plan, was there a blackout period2017-12-31No
Were there any nonexempt tranactions with any party-in-interest2017-12-31No
Value of other receiveables (less allowance for doubtful accounts) at end of year2017-12-31$724
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2017-12-31$788
Assets. Loans (other than to participants) at end of year2017-12-31$447,199
Assets. Loans (other than to participants) at beginning of year2017-12-31$472,909
Administrative expenses (other) incurred2017-12-31$49,723
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Value of net income/loss2017-12-31$1,442,011
Value of net assets at end of year (total assets less liabilities)2017-12-31$11,152,703
Value of net assets at beginning of year (total assets less liabilities)2017-12-31$9,710,692
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2017-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2017-12-31No
Were any leases to which the plan was party in default or uncollectible2017-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2017-12-31$3,858,226
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2017-12-31$2,398,122
Income. Interest from loans (other than to participants)2017-12-31$30,359
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2017-12-31$2,488,059
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2017-12-31$3,002,109
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2017-12-31$3,002,109
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2017-12-31$16,877
Net investment gain/loss from registered investment companies (e.g. mutual funds)2017-12-31$830,049
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2017-12-31No
Was there a failure to transmit to the plan any participant contributions2017-12-31No
Has the plan failed to provide any benefit when due under the plan2017-12-31No
Contributions received in cash from employer2017-12-31$804,250
Employer contributions (assets) at end of year2017-12-31$804,250
Employer contributions (assets) at beginning of year2017-12-31$790,500
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2017-12-31$435,194
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32017-12-31No
Assets. Corporate common stocks other than exployer securities at end of year2017-12-31$3,554,245
Assets. Corporate common stocks other than exployer securities at beginning of year2017-12-31$3,046,264
Did the plan have assets held for investment2017-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2017-12-31No
Aggregate proceeds on sale of assets2017-12-31$901,865
Aggregate carrying amount (costs) on sale of assets2017-12-31$821,045
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2017-12-31No
Opinion of an independent qualified public accountant for this plan2017-12-31Unqualified
Accountancy firm name2017-12-31SMITH SCHAFER AND ASSOCIATES LTD
Accountancy firm EIN2017-12-31411489071
2016 : THE PROFIT SHARING PLAN OF PREMIER BANK 2016 401k financial data
Total income from all sources (including contributions)2016-12-31$951,330
Total loss/gain on sale of assets2016-12-31$194,819
Total of all expenses incurred2016-12-31$313,662
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2016-12-31$280,335
Total contributions o plan (from employers,participants, others, non cash contrinutions)2016-12-31$790,500
Value of total assets at end of year2016-12-31$9,710,692
Value of total assets at beginning of year2016-12-31$9,073,024
Total of administrative expenses incurred including professional, contract, advisory and management fees2016-12-31$33,327
Total interest from all sources2016-12-31$50,921
Total dividends received (eg from common stock, registered investment company shares)2016-12-31$92,945
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2016-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2016-12-31$92,945
Was this plan covered by a fidelity bond2016-12-31Yes
Value of fidelity bond cover2016-12-31$500,000
If this is an individual account plan, was there a blackout period2016-12-31No
Were there any nonexempt tranactions with any party-in-interest2016-12-31No
Value of other receiveables (less allowance for doubtful accounts) at end of year2016-12-31$788
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2016-12-31$955
Assets. Loans (other than to participants) at end of year2016-12-31$472,909
Assets. Loans (other than to participants) at beginning of year2016-12-31$535,476
Administrative expenses (other) incurred2016-12-31$33,327
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Value of net income/loss2016-12-31$637,668
Value of net assets at end of year (total assets less liabilities)2016-12-31$9,710,692
Value of net assets at beginning of year (total assets less liabilities)2016-12-31$9,073,024
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2016-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2016-12-31No
Were any leases to which the plan was party in default or uncollectible2016-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2016-12-31$2,398,122
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2016-12-31$1,978,270
Income. Interest from loans (other than to participants)2016-12-31$32,824
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2016-12-31$3,002,109
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2016-12-31$2,314,744
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2016-12-31$2,314,744
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2016-12-31$18,097
Net investment gain/loss from registered investment companies (e.g. mutual funds)2016-12-31$-177,855
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2016-12-31No
Was there a failure to transmit to the plan any participant contributions2016-12-31No
Has the plan failed to provide any benefit when due under the plan2016-12-31No
Contributions received in cash from employer2016-12-31$790,500
Employer contributions (assets) at end of year2016-12-31$790,500
Employer contributions (assets) at beginning of year2016-12-31$775,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2016-12-31$280,335
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32016-12-31No
Assets. Corporate common stocks other than exployer securities at end of year2016-12-31$3,046,264
Assets. Corporate common stocks other than exployer securities at beginning of year2016-12-31$3,468,579
Did the plan have assets held for investment2016-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2016-12-31No
Aggregate proceeds on sale of assets2016-12-31$5,199,416
Aggregate carrying amount (costs) on sale of assets2016-12-31$5,004,597
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2016-12-31No
Opinion of an independent qualified public accountant for this plan2016-12-31Unqualified
Accountancy firm name2016-12-31SMITH SCHAFER AND ASSOCIATES LTD
Accountancy firm EIN2016-12-31411489071
2015 : THE PROFIT SHARING PLAN OF PREMIER BANK 2015 401k financial data
Total income from all sources (including contributions)2015-12-31$856,336
Total loss/gain on sale of assets2015-12-31$62,864
Total of all expenses incurred2015-12-31$355,530
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2015-12-31$306,262
Total contributions o plan (from employers,participants, others, non cash contrinutions)2015-12-31$775,000
Value of total assets at end of year2015-12-31$9,073,024
Value of total assets at beginning of year2015-12-31$8,572,218
Total of administrative expenses incurred including professional, contract, advisory and management fees2015-12-31$49,268
Total interest from all sources2015-12-31$62,466
Total dividends received (eg from common stock, registered investment company shares)2015-12-31$160,119
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2015-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2015-12-31$160,119
Was this plan covered by a fidelity bond2015-12-31Yes
Value of fidelity bond cover2015-12-31$500,000
If this is an individual account plan, was there a blackout period2015-12-31No
Were there any nonexempt tranactions with any party-in-interest2015-12-31No
Value of other receiveables (less allowance for doubtful accounts) at end of year2015-12-31$955
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2015-12-31$1,289
Assets. Loans (other than to participants) at end of year2015-12-31$535,476
Assets. Loans (other than to participants) at beginning of year2015-12-31$634,309
Administrative expenses (other) incurred2015-12-31$49,268
Total non interest bearing cash at beginning of year2015-12-31$7
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2015-12-31No
Value of net income/loss2015-12-31$500,806
Value of net assets at end of year (total assets less liabilities)2015-12-31$9,073,024
Value of net assets at beginning of year (total assets less liabilities)2015-12-31$8,572,218
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2015-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2015-12-31No
Were any leases to which the plan was party in default or uncollectible2015-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2015-12-31$1,978,270
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2015-12-31$679,281
Income. Interest from loans (other than to participants)2015-12-31$35,924
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2015-12-31$2,314,744
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2015-12-31$3,224,127
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2015-12-31$3,224,127
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2015-12-31$26,542
Net investment gain/loss from registered investment companies (e.g. mutual funds)2015-12-31$-204,113
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2015-12-31No
Was there a failure to transmit to the plan any participant contributions2015-12-31No
Has the plan failed to provide any benefit when due under the plan2015-12-31No
Contributions received in cash from employer2015-12-31$775,000
Employer contributions (assets) at end of year2015-12-31$775,000
Employer contributions (assets) at beginning of year2015-12-31$902,130
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2015-12-31$306,262
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32015-12-31No
Assets. Corporate common stocks other than exployer securities at end of year2015-12-31$3,468,579
Assets. Corporate common stocks other than exployer securities at beginning of year2015-12-31$3,131,075
Did the plan have assets held for investment2015-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2015-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2015-12-31No
Aggregate proceeds on sale of assets2015-12-31$2,022,817
Aggregate carrying amount (costs) on sale of assets2015-12-31$1,959,953
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2015-12-31No
Opinion of an independent qualified public accountant for this plan2015-12-31Unqualified
Accountancy firm name2015-12-31SMITH SCHAFER AND ASSOCIATES LTD
Accountancy firm EIN2015-12-31411489071
2014 : THE PROFIT SHARING PLAN OF PREMIER BANK 2014 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2014-12-31$16,513
Total unrealized appreciation/depreciation of assets2014-12-31$16,513
Total income from all sources (including contributions)2014-12-31$1,389,949
Total loss/gain on sale of assets2014-12-31$107,930
Total of all expenses incurred2014-12-31$119,057
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2014-12-31$79,571
Total contributions o plan (from employers,participants, others, non cash contrinutions)2014-12-31$902,130
Value of total assets at end of year2014-12-31$8,572,218
Value of total assets at beginning of year2014-12-31$7,301,326
Total of administrative expenses incurred including professional, contract, advisory and management fees2014-12-31$39,486
Total interest from all sources2014-12-31$81,174
Total dividends received (eg from common stock, registered investment company shares)2014-12-31$115,120
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2014-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2014-12-31$89,049
Was this plan covered by a fidelity bond2014-12-31Yes
Value of fidelity bond cover2014-12-31$5,000,000
If this is an individual account plan, was there a blackout period2014-12-31No
Were there any nonexempt tranactions with any party-in-interest2014-12-31No
Value of other receiveables (less allowance for doubtful accounts) at end of year2014-12-31$1,289
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2014-12-31$1,503
Assets. Loans (other than to participants) at end of year2014-12-31$634,309
Assets. Loans (other than to participants) at beginning of year2014-12-31$679,299
Administrative expenses (other) incurred2014-12-31$39,486
Total non interest bearing cash at end of year2014-12-31$7
Total non interest bearing cash at beginning of year2014-12-31$140
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2014-12-31No
Value of net income/loss2014-12-31$1,270,892
Value of net assets at end of year (total assets less liabilities)2014-12-31$8,572,218
Value of net assets at beginning of year (total assets less liabilities)2014-12-31$7,301,326
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2014-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2014-12-31No
Were any leases to which the plan was party in default or uncollectible2014-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2014-12-31$679,281
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2014-12-31$633,956
Income. Interest from loans (other than to participants)2014-12-31$42,908
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2014-12-31$3,224,127
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2014-12-31$2,890,490
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2014-12-31$2,890,490
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2014-12-31$38,266
Net investment gain/loss from registered investment companies (e.g. mutual funds)2014-12-31$167,082
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2014-12-31No
Was there a failure to transmit to the plan any participant contributions2014-12-31No
Has the plan failed to provide any benefit when due under the plan2014-12-31No
Contributions received in cash from employer2014-12-31$902,130
Employer contributions (assets) at end of year2014-12-31$902,130
Employer contributions (assets) at beginning of year2014-12-31$750,000
Income. Dividends from common stock2014-12-31$26,071
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2014-12-31$79,571
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32014-12-31No
Assets. Corporate common stocks other than exployer securities at end of year2014-12-31$3,131,075
Assets. Corporate common stocks other than exployer securities at beginning of year2014-12-31$2,345,938
Did the plan have assets held for investment2014-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2014-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2014-12-31No
Aggregate proceeds on sale of assets2014-12-31$1,623,273
Aggregate carrying amount (costs) on sale of assets2014-12-31$1,515,343
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2014-12-31No
Opinion of an independent qualified public accountant for this plan2014-12-31Unqualified
Accountancy firm name2014-12-31SMITH SCHAFER AND ASSOCIATES LTD
Accountancy firm EIN2014-12-31411489071
2013 : THE PROFIT SHARING PLAN OF PREMIER BANK 2013 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2013-12-31$65,600
Total unrealized appreciation/depreciation of assets2013-12-31$65,600
Total income from all sources (including contributions)2013-12-31$1,459,448
Total loss/gain on sale of assets2013-12-31$106,657
Total of all expenses incurred2013-12-31$193,470
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2013-12-31$162,621
Total contributions o plan (from employers,participants, others, non cash contrinutions)2013-12-31$750,000
Value of total assets at end of year2013-12-31$7,301,326
Value of total assets at beginning of year2013-12-31$6,035,348
Total of administrative expenses incurred including professional, contract, advisory and management fees2013-12-31$30,849
Total interest from all sources2013-12-31$107,055
Total dividends received (eg from common stock, registered investment company shares)2013-12-31$89,856
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2013-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2013-12-31$66,119
Was this plan covered by a fidelity bond2013-12-31Yes
Value of fidelity bond cover2013-12-31$5,000,000
If this is an individual account plan, was there a blackout period2013-12-31No
Were there any nonexempt tranactions with any party-in-interest2013-12-31No
Value of other receiveables (less allowance for doubtful accounts) at end of year2013-12-31$1,503
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2013-12-31$1,896
Assets. Loans (other than to participants) at end of year2013-12-31$679,299
Assets. Loans (other than to participants) at beginning of year2013-12-31$714,492
Administrative expenses (other) incurred2013-12-31$30,849
Total non interest bearing cash at end of year2013-12-31$140
Total non interest bearing cash at beginning of year2013-12-31$140
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2013-12-31No
Value of net income/loss2013-12-31$1,265,978
Value of net assets at end of year (total assets less liabilities)2013-12-31$7,301,326
Value of net assets at beginning of year (total assets less liabilities)2013-12-31$6,035,348
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2013-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2013-12-31No
Were any leases to which the plan was party in default or uncollectible2013-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2013-12-31$633,956
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2013-12-31$858,630
Income. Interest from loans (other than to participants)2013-12-31$44,814
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2013-12-31$2,890,490
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2013-12-31$2,689,740
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2013-12-31$2,689,740
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2013-12-31$62,241
Net investment gain/loss from registered investment companies (e.g. mutual funds)2013-12-31$340,280
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2013-12-31No
Was there a failure to transmit to the plan any participant contributions2013-12-31No
Has the plan failed to provide any benefit when due under the plan2013-12-31No
Contributions received in cash from employer2013-12-31$750,000
Employer contributions (assets) at end of year2013-12-31$750,000
Employer contributions (assets) at beginning of year2013-12-31$278,725
Income. Dividends from common stock2013-12-31$23,737
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2013-12-31$162,621
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32013-12-31No
Assets. Corporate common stocks other than exployer securities at end of year2013-12-31$2,345,938
Assets. Corporate common stocks other than exployer securities at beginning of year2013-12-31$1,491,725
Did the plan have assets held for investment2013-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2013-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2013-12-31No
Aggregate proceeds on sale of assets2013-12-31$1,321,277
Aggregate carrying amount (costs) on sale of assets2013-12-31$1,214,620
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2013-12-31No
Opinion of an independent qualified public accountant for this plan2013-12-31Unqualified
Accountancy firm name2013-12-31SMITH SCHAFER AND ASSOCIATES LTD
Accountancy firm EIN2013-12-31411489071
2012 : THE PROFIT SHARING PLAN OF PREMIER BANK 2012 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2012-12-31$184,344
Total unrealized appreciation/depreciation of assets2012-12-31$184,344
Total income from all sources (including contributions)2012-12-31$689,100
Total loss/gain on sale of assets2012-12-31$35,167
Total of all expenses incurred2012-12-31$207,058
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2012-12-31$207,058
Total contributions o plan (from employers,participants, others, non cash contrinutions)2012-12-31$278,725
Value of total assets at end of year2012-12-31$6,035,348
Value of total assets at beginning of year2012-12-31$5,553,306
Total interest from all sources2012-12-31$110,499
Total dividends received (eg from common stock, registered investment company shares)2012-12-31$80,365
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2012-12-31No
Was this plan covered by a fidelity bond2012-12-31Yes
Value of fidelity bond cover2012-12-31$5,000,000
If this is an individual account plan, was there a blackout period2012-12-31No
Were there any nonexempt tranactions with any party-in-interest2012-12-31No
Value of other receiveables (less allowance for doubtful accounts) at end of year2012-12-31$1,896
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2012-12-31$19,826
Assets. Loans (other than to participants) at end of year2012-12-31$714,492
Assets. Loans (other than to participants) at beginning of year2012-12-31$747,427
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2012-12-31No
Value of net income/loss2012-12-31$482,042
Value of net assets at end of year (total assets less liabilities)2012-12-31$6,035,348
Value of net assets at beginning of year (total assets less liabilities)2012-12-31$5,553,306
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2012-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2012-12-31No
Were any leases to which the plan was party in default or uncollectible2012-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2012-12-31$676,449
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2012-12-31$285,589
Income. Interest from loans (other than to participants)2012-12-31$47,077
Income. Interest from corporate debt instruments2012-12-31$5,308
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2012-12-31$2,689,880
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2012-12-31$2,738,641
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2012-12-31$2,738,641
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2012-12-31$58,114
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2012-12-31No
Was there a failure to transmit to the plan any participant contributions2012-12-31No
Has the plan failed to provide any benefit when due under the plan2012-12-31No
Contributions received in cash from employer2012-12-31$278,725
Employer contributions (assets) at end of year2012-12-31$278,725
Income. Dividends from common stock2012-12-31$80,365
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2012-12-31$207,058
Asset. Corporate debt instrument debt (other) at end of year2012-12-31$182,181
Asset. Corporate debt instrument debt (other) at beginning of year2012-12-31$169,626
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32012-12-31No
Assets. Corporate common stocks other than exployer securities at end of year2012-12-31$1,491,725
Assets. Corporate common stocks other than exployer securities at beginning of year2012-12-31$1,592,197
Did the plan have assets held for investment2012-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2012-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2012-12-31No
Aggregate proceeds on sale of assets2012-12-31$863,928
Aggregate carrying amount (costs) on sale of assets2012-12-31$828,761
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2012-12-31No
Opinion of an independent qualified public accountant for this plan2012-12-31Unqualified
Accountancy firm name2012-12-31SMITH SCHAFER AND ASSOCIATES LTD
Accountancy firm EIN2012-12-31411489071
2011 : THE PROFIT SHARING PLAN OF PREMIER BANK 2011 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2011-12-31$178,067
Total unrealized appreciation/depreciation of assets2011-12-31$178,067
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-12-31$11,060
Total income from all sources (including contributions)2011-12-31$105,917
Total loss/gain on sale of assets2011-12-31$-240,807
Total of all expenses incurred2011-12-31$50,419
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2011-12-31$50,419
Value of total assets at end of year2011-12-31$5,553,306
Value of total assets at beginning of year2011-12-31$5,508,868
Total interest from all sources2011-12-31$119,808
Total dividends received (eg from common stock, registered investment company shares)2011-12-31$48,849
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2011-12-31No
Was this plan covered by a fidelity bond2011-12-31Yes
Value of fidelity bond cover2011-12-31$5,000,000
If this is an individual account plan, was there a blackout period2011-12-31No
Were there any nonexempt tranactions with any party-in-interest2011-12-31No
Value of other receiveables (less allowance for doubtful accounts) at end of year2011-12-31$19,826
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2011-12-31$75,814
Assets. Loans (other than to participants) at end of year2011-12-31$747,427
Assets. Loans (other than to participants) at beginning of year2011-12-31$1,198,326
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2011-12-31$11,060
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Value of net income/loss2011-12-31$55,498
Value of net assets at end of year (total assets less liabilities)2011-12-31$5,553,306
Value of net assets at beginning of year (total assets less liabilities)2011-12-31$5,497,808
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2011-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2011-12-31No
Were any leases to which the plan was party in default or uncollectible2011-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2011-12-31$285,589
Income. Interest from loans (other than to participants)2011-12-31$51,599
Income. Interest from corporate debt instruments2011-12-31$4,231
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2011-12-31$2,738,641
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2011-12-31$3,952,883
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2011-12-31$3,952,883
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2011-12-31$63,978
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2011-12-31Yes
Was there a failure to transmit to the plan any participant contributions2011-12-31No
Has the plan failed to provide any benefit when due under the plan2011-12-31No
Income. Dividends from common stock2011-12-31$48,849
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2011-12-31$50,419
Asset. Corporate debt instrument debt (other) at end of year2011-12-31$169,626
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32011-12-31No
Assets. Corporate common stocks other than exployer securities at end of year2011-12-31$1,592,197
Assets. Corporate common stocks other than exployer securities at beginning of year2011-12-31$281,845
Did the plan have assets held for investment2011-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2011-12-31No
Aggregate proceeds on sale of assets2011-12-31$931,130
Aggregate carrying amount (costs) on sale of assets2011-12-31$1,171,937
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2011-12-31No
Opinion of an independent qualified public accountant for this plan2011-12-31Unqualified
Accountancy firm name2011-12-31SMITH SCHAFER AND ASSOCIATES LTD
Accountancy firm EIN2011-12-31411489071
2010 : THE PROFIT SHARING PLAN OF PREMIER BANK 2010 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2010-12-31$127,541
Total unrealized appreciation/depreciation of assets2010-12-31$127,541
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2010-12-31$11,060
Total income from all sources (including contributions)2010-12-31$362,667
Total loss/gain on sale of assets2010-12-31$13,052
Total of all expenses incurred2010-12-31$750,317
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2010-12-31$739,257
Value of total assets at end of year2010-12-31$5,508,868
Value of total assets at beginning of year2010-12-31$5,885,458
Total of administrative expenses incurred including professional, contract, advisory and management fees2010-12-31$11,060
Total interest from all sources2010-12-31$163,468
Total dividends received (eg from common stock, registered investment company shares)2010-12-31$2,615
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2010-12-31No
Was this plan covered by a fidelity bond2010-12-31Yes
Value of fidelity bond cover2010-12-31$5,000,000
If this is an individual account plan, was there a blackout period2010-12-31No
Were there any nonexempt tranactions with any party-in-interest2010-12-31Yes
Amount of non-exempt transactions with any party-in-interest2010-12-31$170,625
Value of other receiveables (less allowance for doubtful accounts) at end of year2010-12-31$75,814
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2010-12-31$2,480
Assets. Loans (other than to participants) at end of year2010-12-31$1,198,326
Assets. Loans (other than to participants) at beginning of year2010-12-31$1,426,886
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2010-12-31$11,060
Other income not declared elsewhere2010-12-31$55,991
Administrative expenses (other) incurred2010-12-31$11,060
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2010-12-31No
Value of net income/loss2010-12-31$-387,650
Value of net assets at end of year (total assets less liabilities)2010-12-31$5,497,808
Value of net assets at beginning of year (total assets less liabilities)2010-12-31$5,885,458
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2010-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2010-12-31Yes
Amount of loans by the plan or fixed income obligations due to the plan which were in default/classified-as-uncollectible as of the close of the plan year2010-12-31$489,547
Were any leases to which the plan was party in default or uncollectible2010-12-31No
Income. Interest from loans (other than to participants)2010-12-31$79,206
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2010-12-31$3,952,883
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2010-12-31$3,767,251
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2010-12-31$3,767,251
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2010-12-31$84,262
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2010-12-31Yes
Was there a failure to transmit to the plan any participant contributions2010-12-31No
Has the plan failed to provide any benefit when due under the plan2010-12-31No
Income. Dividends from common stock2010-12-31$2,615
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2010-12-31$739,257
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32010-12-31No
Assets. Corporate common stocks other than exployer securities at end of year2010-12-31$281,845
Assets. Corporate common stocks other than exployer securities at beginning of year2010-12-31$688,841
Did the plan have assets held for investment2010-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2010-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2010-12-31No
Aggregate proceeds on sale of assets2010-12-31$552,521
Aggregate carrying amount (costs) on sale of assets2010-12-31$539,469
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2010-12-31No
Opinion of an independent qualified public accountant for this plan2010-12-31Unqualified
Accountancy firm name2010-12-31SMITH SCHAFER AND ASSOCIATES LTD
Accountancy firm EIN2010-12-31411489071

Form 5500 Responses for THE PROFIT SHARING PLAN OF PREMIER BANK

2022: THE PROFIT SHARING PLAN OF PREMIER BANK 2022 form 5500 responses
2022-01-01Type of plan entitySingle employer plan
2022-01-01This submission is the final filingYes
2022-01-01Plan funding arrangement – TrustYes
2022-01-01Plan benefit arrangement - TrustYes
2021: THE PROFIT SHARING PLAN OF PREMIER BANK 2021 form 5500 responses
2021-01-01Type of plan entitySingle employer plan
2021-01-01Plan funding arrangement – TrustYes
2021-01-01Plan benefit arrangement - TrustYes
2020: THE PROFIT SHARING PLAN OF PREMIER BANK 2020 form 5500 responses
2020-01-01Type of plan entitySingle employer plan
2020-01-01Plan funding arrangement – TrustYes
2020-01-01Plan benefit arrangement - TrustYes
2019: THE PROFIT SHARING PLAN OF PREMIER BANK 2019 form 5500 responses
2019-01-01Type of plan entitySingle employer plan
2019-01-01Plan funding arrangement – TrustYes
2019-01-01Plan benefit arrangement - TrustYes
2018: THE PROFIT SHARING PLAN OF PREMIER BANK 2018 form 5500 responses
2018-01-01Type of plan entitySingle employer plan
2018-01-01Plan funding arrangement – TrustYes
2018-01-01Plan benefit arrangement - TrustYes
2017: THE PROFIT SHARING PLAN OF PREMIER BANK 2017 form 5500 responses
2017-01-01Type of plan entitySingle employer plan
2017-01-01Plan funding arrangement – TrustYes
2017-01-01Plan benefit arrangement - TrustYes
2016: THE PROFIT SHARING PLAN OF PREMIER BANK 2016 form 5500 responses
2016-01-01Type of plan entitySingle employer plan
2016-01-01Plan funding arrangement – TrustYes
2016-01-01Plan benefit arrangement - TrustYes
2015: THE PROFIT SHARING PLAN OF PREMIER BANK 2015 form 5500 responses
2015-01-01Type of plan entitySingle employer plan
2015-01-01Plan funding arrangement – TrustYes
2015-01-01Plan benefit arrangement - TrustYes
2014: THE PROFIT SHARING PLAN OF PREMIER BANK 2014 form 5500 responses
2014-01-01Type of plan entitySingle employer plan
2014-01-01Plan funding arrangement – TrustYes
2014-01-01Plan benefit arrangement - TrustYes
2013: THE PROFIT SHARING PLAN OF PREMIER BANK 2013 form 5500 responses
2013-01-01Type of plan entitySingle employer plan
2013-01-01Plan funding arrangement – TrustYes
2013-01-01Plan benefit arrangement - TrustYes
2012: THE PROFIT SHARING PLAN OF PREMIER BANK 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement - TrustYes
2011: THE PROFIT SHARING PLAN OF PREMIER BANK 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement - TrustYes
2010: THE PROFIT SHARING PLAN OF PREMIER BANK 2010 form 5500 responses
2010-01-01Type of plan entitySingle employer plan
2010-01-01Plan funding arrangement – TrustYes
2010-01-01Plan benefit arrangement - TrustYes
2009: THE PROFIT SHARING PLAN OF PREMIER BANK 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01This submission is the final filingNo
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement - TrustYes

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