Logo

FIRST STATE BANK OF LYNNVILLE 401 (K) PLAN 401k Plan overview

Plan NameFIRST STATE BANK OF LYNNVILLE 401 (K) PLAN
Plan identification number 001

FIRST STATE BANK OF LYNNVILLE 401 (K) PLAN 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.
  • Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

FIRST STATE BANK OF LYNNVILLE has sponsored the creation of one or more 401k plans.

Company Name:FIRST STATE BANK OF LYNNVILLE
Employer identification number (EIN):420253590
NAIC Classification:522110
NAIC Description:Commercial Banking

Form 5500 Filing Information

Submission information for form 5500 for 401k plan FIRST STATE BANK OF LYNNVILLE 401 (K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01STEVEN RUSSELL2024-05-22
0012022-01-01STEVEN RUSSELL2023-05-12 STEVEN RUSSELL2023-05-12
0012021-01-01STEVEN RUSSELL2022-05-18 STEVEN RUSSELL2022-05-18
0012020-01-01HEIDI HUNTER2021-09-10
0012019-01-01HEIDI HUNTER2020-06-02
0012018-01-01HEIDI HUNTER2019-07-24
0012017-01-01HEIDI HUNTER2018-06-11
0012016-01-01HEIDI HUNTER2017-05-26
0012015-01-01STEVEN L. RUSSELL2016-06-07 STEVEN L. RUSSELL2016-06-07
0012014-01-01STEVEN L. RUSSELL2015-06-04
0012013-01-01STEVEN L. RUSSELL2014-04-29
0012012-01-01STEVEN L. RUSSELL2013-06-03 STEVEN L. RUSSELL2013-06-03
0012011-01-01STEVEN L. RUSSELL2012-06-05 STEVEN L. RUSSELL2012-06-05
0012010-01-01STEVEN L. RUSSELL2011-06-01 STEVEN L. RUSSELL2011-06-01
0012009-01-01STEVEN L. RUSSELL STEVEN L. RUSSELL2010-06-18
0012009-01-01STEVEN L. RUSSELL STEVEN L. RUSSELL2010-06-18
0012009-01-01STEVEN L. RUSSELL STEVEN L. RUSSELL2010-06-18

Financial Data on FIRST STATE BANK OF LYNNVILLE 401 (K) PLAN

Measure Date Value
2025 : FIRST STATE BANK OF LYNNVILLE 401 (K) PLAN 2025 401k financial data
Total liabilities as of the beginning of the plan year2025-04-250
Total expenses incurred by plan in this plan year2025-04-25541978
Net assets as of the end of the plan year2025-04-255607312
Total assets as of the beginning of the plan year2025-04-255136315
Value of plan covered by a fidelity bond2025-04-251825000
Participant contributions to plan in this plan year2025-04-25261938
Other contributions to plan in this plan year2025-04-2535884
Other income to plan in this plan year2025-04-25607690
Plan net income in this plan year2025-04-25470997
Net assets as of the end of the plan year2025-04-255607312
Net assets as of the beginning of the plan year2025-04-255136315
Employer contributions to plan in this plan year2025-04-25107463
Expensese paid to adminstrative service provicers from plan in this plan year2025-04-2531322
2024 : FIRST STATE BANK OF LYNNVILLE 401 (K) PLAN 2024 401k financial data
Total liabilities as of the beginning of the plan year2024-05-230
Total expenses incurred by plan in this plan year2024-05-23207185
Net assets as of the end of the plan year2024-05-235136315
Total assets as of the beginning of the plan year2024-05-234200532
Value of plan covered by a fidelity bond2024-05-231825000
Participant contributions to plan in this plan year2024-05-23264672
Other contributions to plan in this plan year2024-05-23149454
Other income to plan in this plan year2024-05-23616728
Plan net income in this plan year2024-05-23935783
Net assets as of the end of the plan year2024-05-235136315
Net assets as of the beginning of the plan year2024-05-234200532
Employer contributions to plan in this plan year2024-05-23112114
Expensese paid to adminstrative service provicers from plan in this plan year2024-05-2327743
2022 : FIRST STATE BANK OF LYNNVILLE 401 (K) PLAN 2022 401k financial data
Total liabilities as of the beginning of the plan year2022-05-180
Total expenses incurred by plan in this plan year2022-05-1820328
Net assets as of the end of the plan year2022-05-184588503
Total assets as of the beginning of the plan year2022-05-183728965
Value of plan covered by a fidelity bond2022-05-181825000
Participant contributions to plan in this plan year2022-05-18214614
Other income to plan in this plan year2022-05-18576714
Plan net income in this plan year2022-05-18859538
Net assets as of the end of the plan year2022-05-184588503
Net assets as of the beginning of the plan year2022-05-183728965
Employer contributions to plan in this plan year2022-05-1888538
Expensese paid to adminstrative service provicers from plan in this plan year2022-05-1820421
2009 : FIRST STATE BANK OF LYNNVILLE 401 (K) PLAN 2009 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2009-12-31$0

Form 5500 Responses for FIRST STATE BANK OF LYNNVILLE 401 (K) PLAN

2009: FIRST STATE BANK OF LYNNVILLE 401 (K) PLAN 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Submission has been amendedNo
2009-01-01This submission is the final filingNo
2009-01-01This return/report is a short plan year return/report (less than 12 months)No
2009-01-01Plan is a collectively bargained planNo
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement - TrustYes

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

Copyright © Market Footprint Ltd
Contact us   Datalog Company Directory
401k Lookup     VAT Lookup S1