CITIZENS BANK & TRUST has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan CITIZENS BANK & TRUST RETIREMENT BENEFITS PLAN
| Measure | Date | Value |
|---|
| 2023 : CITIZENS BANK & TRUST RETIREMENT BENEFITS PLAN 2023 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2023-06-30 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-06-30 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-06-30 | $0 |
| Total income from all sources (including contributions) | 2023-06-30 | $1,284,420 |
| Total loss/gain on sale of assets | 2023-06-30 | $0 |
| Total of all expenses incurred | 2023-06-30 | $32,716,091 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2023-06-30 | $32,715,982 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2023-06-30 | $64,962 |
| Value of total assets at end of year | 2023-06-30 | $0 |
| Value of total assets at beginning of year | 2023-06-30 | $31,431,671 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2023-06-30 | $109 |
| Total interest from all sources | 2023-06-30 | $29,188 |
| Total dividends received (eg from common stock, registered investment company shares) | 2023-06-30 | $87,309 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2023-06-30 | Yes |
| Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan | 2023-06-30 | $0 |
| Total dividends received from registered investment company shares (eg mutual funds) | 2023-06-30 | $87,309 |
| Was this plan covered by a fidelity bond | 2023-06-30 | No |
| If this is an individual account plan, was there a blackout period | 2023-06-30 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2023-06-30 | No |
| Contributions received from participants | 2023-06-30 | $49,125 |
| Participant contributions at end of year | 2023-06-30 | $0 |
| Participant contributions at beginning of year | 2023-06-30 | $276,521 |
| Participant contributions at end of year | 2023-06-30 | $0 |
| Participant contributions at beginning of year | 2023-06-30 | $33,781 |
| Administrative expenses (other) incurred | 2023-06-30 | $109 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-06-30 | No |
| Value of net income/loss | 2023-06-30 | $-31,431,671 |
| Value of net assets at end of year (total assets less liabilities) | 2023-06-30 | $0 |
| Value of net assets at beginning of year (total assets less liabilities) | 2023-06-30 | $31,431,671 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2023-06-30 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2023-06-30 | No |
| Were any leases to which the plan was party in default or uncollectible | 2023-06-30 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2023-06-30 | $0 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2023-06-30 | $26,538,041 |
| Interest on participant loans | 2023-06-30 | $1,859 |
| Value of interest in common/collective trusts at end of year | 2023-06-30 | $0 |
| Value of interest in common/collective trusts at beginning of year | 2023-06-30 | $2,751,918 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2023-06-30 | $0 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2023-06-30 | $1,816,222 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2023-06-30 | $1,816,222 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2023-06-30 | $27,329 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2023-06-30 | $1,078,738 |
| Net investment gain or loss from common/collective trusts | 2023-06-30 | $24,223 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2023-06-30 | No |
| Was there a failure to transmit to the plan any participant contributions | 2023-06-30 | No |
| Has the plan failed to provide any benefit when due under the plan | 2023-06-30 | No |
| Contributions received in cash from employer | 2023-06-30 | $15,837 |
| Employer contributions (assets) at end of year | 2023-06-30 | $0 |
| Employer contributions (assets) at beginning of year | 2023-06-30 | $15,188 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2023-06-30 | $32,715,982 |
| Did the plan have assets held for investment | 2023-06-30 | No |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-06-30 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2023-06-30 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2023-06-30 | Unqualified |
| Accountancy firm name | 2023-06-30 | CLIFTONLARSONALLEN LLP |
| Accountancy firm EIN | 2023-06-30 | 410746749 |
| Total unrealized appreciation/depreciation of assets | 2023-01-01 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-01-01 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-01-01 | $0 |
| Total income from all sources (including contributions) | 2023-01-01 | $1,284,420 |
| Total loss/gain on sale of assets | 2023-01-01 | $0 |
| Total of all expenses incurred | 2023-01-01 | $32,716,091 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2023-01-01 | $32,715,982 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2023-01-01 | $64,962 |
| Value of total assets at end of year | 2023-01-01 | $0 |
| Value of total assets at beginning of year | 2023-01-01 | $31,431,671 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2023-01-01 | $109 |
| Total interest from all sources | 2023-01-01 | $29,188 |
| Total dividends received (eg from common stock, registered investment company shares) | 2023-01-01 | $87,309 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2023-01-01 | Yes |
| Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan | 2023-01-01 | $0 |
| Total dividends received from registered investment company shares (eg mutual funds) | 2023-01-01 | $87,309 |
| Was this plan covered by a fidelity bond | 2023-01-01 | No |
| If this is an individual account plan, was there a blackout period | 2023-01-01 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2023-01-01 | No |
| Contributions received from participants | 2023-01-01 | $49,125 |
| Participant contributions at end of year | 2023-01-01 | $0 |
| Participant contributions at beginning of year | 2023-01-01 | $276,521 |
| Participant contributions at end of year | 2023-01-01 | $0 |
| Participant contributions at beginning of year | 2023-01-01 | $33,781 |
| Administrative expenses (other) incurred | 2023-01-01 | $109 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-01-01 | No |
| Value of net income/loss | 2023-01-01 | $-31,431,671 |
| Value of net assets at end of year (total assets less liabilities) | 2023-01-01 | $0 |
| Value of net assets at beginning of year (total assets less liabilities) | 2023-01-01 | $31,431,671 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2023-01-01 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2023-01-01 | No |
| Were any leases to which the plan was party in default or uncollectible | 2023-01-01 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2023-01-01 | $0 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2023-01-01 | $26,538,041 |
| Interest on participant loans | 2023-01-01 | $1,859 |
| Value of interest in common/collective trusts at end of year | 2023-01-01 | $0 |
| Value of interest in common/collective trusts at beginning of year | 2023-01-01 | $2,751,918 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2023-01-01 | $0 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2023-01-01 | $27,329 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2023-01-01 | $1,078,738 |
| Net investment gain or loss from common/collective trusts | 2023-01-01 | $24,223 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2023-01-01 | No |
| Was there a failure to transmit to the plan any participant contributions | 2023-01-01 | No |
| Has the plan failed to provide any benefit when due under the plan | 2023-01-01 | No |
| Contributions received in cash from employer | 2023-01-01 | $15,837 |
| Employer contributions (assets) at end of year | 2023-01-01 | $0 |
| Employer contributions (assets) at beginning of year | 2023-01-01 | $15,188 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2023-01-01 | $32,715,982 |
| Did the plan have assets held for investment | 2023-01-01 | No |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-01-01 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2023-01-01 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2023-01-01 | 1 |
| Accountancy firm name | 2023-01-01 | CLIFTONLARSONALLEN LLP |
| Accountancy firm EIN | 2023-01-01 | 410746749 |
| 2022 : CITIZENS BANK & TRUST RETIREMENT BENEFITS PLAN 2022 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2022-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $0 |
| Total income from all sources (including contributions) | 2022-12-31 | $-4,514,487 |
| Total loss/gain on sale of assets | 2022-12-31 | $0 |
| Total of all expenses incurred | 2022-12-31 | $2,179,154 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $2,178,583 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $1,331,153 |
| Value of total assets at end of year | 2022-12-31 | $31,431,671 |
| Value of total assets at beginning of year | 2022-12-31 | $38,125,312 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $571 |
| Total interest from all sources | 2022-12-31 | $31,881 |
| Total dividends received (eg from common stock, registered investment company shares) | 2022-12-31 | $2,888,346 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2022-12-31 | $2,888,346 |
| Was this plan covered by a fidelity bond | 2022-12-31 | No |
| If this is an individual account plan, was there a blackout period | 2022-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2022-12-31 | No |
| Contributions received from participants | 2022-12-31 | $919,359 |
| Participant contributions at end of year | 2022-12-31 | $276,521 |
| Participant contributions at beginning of year | 2022-12-31 | $188,190 |
| Participant contributions at end of year | 2022-12-31 | $33,781 |
| Participant contributions at beginning of year | 2022-12-31 | $34,723 |
| Administrative expenses (other) incurred | 2022-12-31 | $571 |
| Total non interest bearing cash at beginning of year | 2022-12-31 | $0 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-12-31 | No |
| Value of net income/loss | 2022-12-31 | $-6,693,641 |
| Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $31,431,671 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $38,125,312 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2022-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2022-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-12-31 | $26,538,041 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-12-31 | $34,816,214 |
| Interest on participant loans | 2022-12-31 | $12,749 |
| Value of interest in common/collective trusts at end of year | 2022-12-31 | $2,751,918 |
| Value of interest in common/collective trusts at beginning of year | 2022-12-31 | $1,185,103 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2022-12-31 | $1,816,222 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2022-12-31 | $1,884,798 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2022-12-31 | $1,884,798 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2022-12-31 | $19,132 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-12-31 | $-8,810,689 |
| Net investment gain or loss from common/collective trusts | 2022-12-31 | $44,822 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2022-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2022-12-31 | No |
| Contributions received in cash from employer | 2022-12-31 | $411,794 |
| Employer contributions (assets) at end of year | 2022-12-31 | $15,188 |
| Employer contributions (assets) at beginning of year | 2022-12-31 | $16,284 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $2,178,583 |
| Did the plan have assets held for investment | 2022-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2022-12-31 | Unqualified |
| Accountancy firm name | 2022-12-31 | CLIFTONLARSONALLEN LLP |
| Accountancy firm EIN | 2022-12-31 | 410746749 |
| Total unrealized appreciation/depreciation of assets | 2022-01-01 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-01-01 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-01-01 | $0 |
| Total income from all sources (including contributions) | 2022-01-01 | $-4,514,487 |
| Total loss/gain on sale of assets | 2022-01-01 | $0 |
| Total of all expenses incurred | 2022-01-01 | $2,179,154 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-01-01 | $2,178,583 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-01-01 | $1,331,153 |
| Value of total assets at end of year | 2022-01-01 | $31,431,671 |
| Value of total assets at beginning of year | 2022-01-01 | $38,125,312 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-01-01 | $571 |
| Total interest from all sources | 2022-01-01 | $31,881 |
| Total dividends received (eg from common stock, registered investment company shares) | 2022-01-01 | $2,888,346 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-01-01 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2022-01-01 | $2,888,346 |
| Was this plan covered by a fidelity bond | 2022-01-01 | No |
| If this is an individual account plan, was there a blackout period | 2022-01-01 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2022-01-01 | No |
| Contributions received from participants | 2022-01-01 | $919,359 |
| Participant contributions at end of year | 2022-01-01 | $276,521 |
| Participant contributions at beginning of year | 2022-01-01 | $188,190 |
| Participant contributions at end of year | 2022-01-01 | $33,781 |
| Participant contributions at beginning of year | 2022-01-01 | $34,723 |
| Administrative expenses (other) incurred | 2022-01-01 | $571 |
| Total non interest bearing cash at beginning of year | 2022-01-01 | $0 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-01-01 | No |
| Value of net income/loss | 2022-01-01 | $-6,693,641 |
| Value of net assets at end of year (total assets less liabilities) | 2022-01-01 | $31,431,671 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-01-01 | $38,125,312 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-01-01 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2022-01-01 | No |
| Were any leases to which the plan was party in default or uncollectible | 2022-01-01 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-01-01 | $26,538,041 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-01-01 | $34,816,214 |
| Interest on participant loans | 2022-01-01 | $12,749 |
| Value of interest in common/collective trusts at end of year | 2022-01-01 | $2,751,918 |
| Value of interest in common/collective trusts at beginning of year | 2022-01-01 | $1,185,103 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2022-01-01 | $1,816,222 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2022-01-01 | $19,132 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-01-01 | $-8,810,689 |
| Net investment gain or loss from common/collective trusts | 2022-01-01 | $44,822 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-01-01 | No |
| Was there a failure to transmit to the plan any participant contributions | 2022-01-01 | No |
| Has the plan failed to provide any benefit when due under the plan | 2022-01-01 | No |
| Contributions received in cash from employer | 2022-01-01 | $411,794 |
| Employer contributions (assets) at end of year | 2022-01-01 | $15,188 |
| Employer contributions (assets) at beginning of year | 2022-01-01 | $16,284 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-01-01 | $2,178,583 |
| Did the plan have assets held for investment | 2022-01-01 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-01-01 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-01-01 | No |
| Opinion of an independent qualified public accountant for this plan | 2022-01-01 | 1 |
| Accountancy firm name | 2022-01-01 | CLIFTONLARSONALLEN LLP |
| Accountancy firm EIN | 2022-01-01 | 410746749 |
