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CITIZENS BANK OF CHARLESTON 401K PLAN 401k Plan overview

Plan NameCITIZENS BANK OF CHARLESTON 401K PLAN
Plan identification number 002

CITIZENS BANK OF CHARLESTON 401K PLAN 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.
  • 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

CITIZENS BANK OF CHARLESTON has sponsored the creation of one or more 401k plans.

Company Name:CITIZENS BANK OF CHARLESTON
Employer identification number (EIN):430726386
NAIC Classification:522110
NAIC Description:Commercial Banking

Additional information about CITIZENS BANK OF CHARLESTON

Jurisdiction of Incorporation: Missouri Secretary of State
Incorporation Date:
Company Identification Number: K00002604

More information about CITIZENS BANK OF CHARLESTON

Form 5500 Filing Information

Submission information for form 5500 for 401k plan CITIZENS BANK OF CHARLESTON 401K PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022023-01-01
0022022-01-01
0022021-01-01
0022020-01-01
0022019-01-01
0022018-01-01
0022017-01-01
0022016-01-01BENNIE BREUNDERMAN2017-03-31
0022015-01-01BENNIE BREUNDERMAN2016-03-08
0022014-01-01BENNIE BREUNDERMAN2015-05-21
0022013-01-01BENNIE BREUNDERMAN2014-03-17 BENNIE BREUNDERMAN2014-03-17
0022012-01-01BENNIE BREUNDERMAN2013-03-01 BENNIE BREUNDERMAN2013-03-01
0022011-01-01BENNIE BREUNDERMAN2012-03-07 BENNIE BREUNDERMAN2012-03-07
0022010-01-01BENNIE BREUNDERMAN2011-02-28 BENNIE BREUNDERMAN2011-02-28

Financial Data on CITIZENS BANK OF CHARLESTON 401K PLAN

Measure Date Value
2025 : CITIZENS BANK OF CHARLESTON 401K PLAN 2025 401k financial data
Total transfers to/from plan in this plan year2025-03-270
Total liabilities as of the end of the plan year2025-03-270
Total liabilities as of the beginning of the plan year2025-03-270
Total expenses incurred by plan in this plan year2025-03-27477551
Net assets as of the end of the plan year2025-03-274740861
Total assets as of the beginning of the plan year2025-03-274462033
Value of plan covered by a fidelity bond2025-03-27500000
Participant contributions to plan in this plan year2025-03-2784646
Other expenses paid from plan in this plan year2025-03-270
Other contributions to plan in this plan year2025-03-270
Other income to plan in this plan year2025-03-27503400
Plan net income in this plan year2025-03-27278828
Net assets as of the end of the plan year2025-03-274740861
Net assets as of the beginning of the plan year2025-03-274462033
Employer contributions to plan in this plan year2025-03-27168333
Fees paid to broker by Benefit Provider2025-03-276057
Expensese paid to adminstrative service provicers from plan in this plan year2025-03-27375
2024 : CITIZENS BANK OF CHARLESTON 401K PLAN 2024 401k financial data
Total transfers to/from plan in this plan year2024-04-240
Total liabilities as of the end of the plan year2024-04-240
Total liabilities as of the beginning of the plan year2024-04-240
Total expenses incurred by plan in this plan year2024-04-241375984
Net assets as of the end of the plan year2024-04-244462033
Total assets as of the beginning of the plan year2024-04-245117094
Value of plan covered by a fidelity bond2024-04-24500000
Participant contributions to plan in this plan year2024-04-2480662
Other expenses paid from plan in this plan year2024-04-240
Other contributions to plan in this plan year2024-04-240
Other income to plan in this plan year2024-04-24477777
Plan net income in this plan year2024-04-24-655061
Net assets as of the end of the plan year2024-04-244462033
Net assets as of the beginning of the plan year2024-04-245117094
Employer contributions to plan in this plan year2024-04-24162484
Fees paid to broker by Benefit Provider2024-04-246808
Expensese paid to adminstrative service provicers from plan in this plan year2024-04-2414114

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